Cabral Gold Re-Commences Drilling at Cuiú Cuiú

About this update from Cabral Gold, Inc.

[{"type":"text","content":"Cabral Gold Re-Commences Drilling at Cuiú CuiúVancouver, British Columbia--(Newsfile Corp. - August 15, 2023) - Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (\"Cabral\" or the \"Company\") is pleased to announce that it has commenced a program of RC and power-auger drilling at the Cuiú Cuiú district, located in Para state in northern Brazil.HighlightsA drill program comprising six RC holes and 21 short power-auger holes has commenced at the MG gold deposit, targeting higher-grade mineralization within shallow gold-in-oxide blanket and saprolite gold resourcesFollowing the completion of the RC program at MG, the rig will move to the Central deposit where 19 RC holes are planned with the objective of upgrading the Inferred portion of the current oxide resource at Central to IndicatedThis work is designed to better define and expand the higher-grade shallower portion of the oxide resources within the near-surface saprolite and blanket material, to improve confidence in the current oxide gold resources, and to aid in the mine planning and sequencing as part of the ongoing Prefeasibility Study on Trial-mining of the oxide resources at the MG and Central gold deposits that is currently being conducted by Ausenco do Brasil Engenharia LtdaAlan Carter, Cabral Gold's President and CEO commented, \"We are very pleased to have re-commenced drilling at Cuiú Cuiú. This program will target the higher-grade material within the near surface gold-in-oxide blanket and saprolite resources. It is also aimed at upgrading the Inferred portion of the current oxide resource at Central to Indicated, and will allow for better mine planning and sequencing in the ongoing trial-mining Prefeasibility Study for the MG and Central deposits. Moreover, we believe that excellent opportunities exist beyond the MG and Central gold deposits to add additional resources of higher-grade oxide material, particularly at the PDM and Machichie discoveries.\" Cuiú Cuiú drilling programThe 25-hole RC and 21-hole power-auger drilling program at Cuiú Cuiú is aimed at expanding and better defining higher-grade mineralization within the near-surface oxide gold resources at both the MG and Central gold deposits as part of the ongoing trial-mining Prefeasibility Study. Current open-pit oxide Indicated (153.7 koz gold) an...

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