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Cabral Gold Expands PDM Gold-in-Oxide Blanket and Narrows Search for Underlying Primary Source at the Cuiú Cuiú Gold District Brazil
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - Cabral Gold Inc. (TSXV: ...
About this update from Cabral Gold, Inc.
[{"type":"text","content":"Cabral Gold Expands PDM Gold-in-Oxide Blanket and Narrows Search for Underlying Primary Source at the Cuiú Cuiú Gold District BrazilVancouver, British Columbia--(Newsfile Corp. - October 28, 2021) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (\"Cabral\" or the \"Company\") is pleased to provide assay results from ten additional RC holes at the Pau de Merenda (\"PDM\") gold-in-oxide blanket target located 2.5km NW of the Central gold deposit at the Cuiú Cuiú gold district. Highlights are as follows:Results from an additional ten RC drill holes at the PDM target have further expanded the recently identified gold-in-oxide blanket to 900 x 350m in size from the initial 200 x 400m. The blanket remains open to the north and westAssay results include 13m @ 0.9 g/t gold from surface and 10m @ 0.6 g/t gold including 1m @ 6.2 g/t gold. Previous results in the gold-in-oxide blanket at PDM include 40m @ 2.2 g/t goldThe RC drilling in the blanket at PDM continues to define a NW trending zone of higher grade gold mineralization in the surface gold-in-oxide material. This zone is now 500m in strike length and still open along strike and may indicate the presence of an underlying primary zone of gold mineralization in the hard rock which eroded to form the PDM gold-in-oxide blanket Alan Carter, Cabral's President and CEO commented, \"These additional RC drill results have again expanded the gold-in-oxide blanket at the PDM target at Cuiú Cuiú, and the mineralized zone is still open to the north and west. Perhaps more significantly, these drill results further confirm the presence of a NW-trending zone of higher-grade gold-in-oxide mineralization which may represent an underlying primary gold deposit at PDM. If so, this could represent a significant extension to the Central gold deposit which is located 2.5km along strike to the south-east. Deeper diamond drilling is currently in progress aimed at testing for the presence of an underlying primary gold deposit.\"PDM RC DrillingThe PDM target is located approximately 2.5km NW of the Central gold deposit at Cuiú Cuiú (Figure 1) and comprises a significant gold-in-soil anomaly. Limited historic diamond drilling (nine holes totaling 2,593m) at this target previously returned encouraging drill results within the underlying bedrock including 30m @ 1.1 g/t gol...