Cabral Intersects More High-Grade Gold in Initial Reconnaissance Drilling at the Machichie East Target, Cuiú Cuiú Project, Brazil

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[{"type":"text","content":"Cabral Intersects More High-Grade Gold in Initial Reconnaissance Drilling at the Machichie East Target, Cuiú Cuiú Project, BrazilVancouver, British Columbia--(Newsfile Corp. - March 26, 2019) - Cabral Gold Inc. (TSXV: CBR) (OTC PINK: CBGZF) (\"Cabral\" or the \"Company\") is pleased to announce drill results from the Machichie East target at the Cuiú Cuiú Project, Pará State, northern Brazil. These results follow recent initial results from the nearby Machichie target, which like Machichie East, was never previously drill tested. The Machichie East Phase I reconnaissance diamond-drill program is part of a larger 20-hole reconnaissance program designed to test nine separate high-grade gold targets.Highlights Drill hole CC183-19 targeted a coincident magnetic low, chargeability high and Au-Mo-Cu auger anomaly and returned 15.9m @ 1.73 g/t gold including 0.5m @ 21.3 g/t gold and 1.0m @ 10.3 g/t gold in a new and previously unknown structure which is open along strike and at depthThis new zone is located 400m north-east of the recently discovered Machichie zone and is interpreted to be a new and different structure Drill hole CC180-19 which was drilled at the Machichie target and was lost in saprolite but none-the-less returned 1m @ 5.1 g/t gold at the bottom of the hole confirming the presence of mineralization that was encountered in replacement hole CC181-19 at the western end of the main Machichie targetElevated silver, tungsten, copper and molybdenum values were also noted from drill hole CC183-19 at Machichie East, which may suggest proximity to a concealed intrusive sourceMachichie East Drill ResultsA single reconnaissance drill hole CC183-19, was completed to a depth of 250.5m at Machichie East, a target which had never been previously drill tested. The hole was located 400m NE of hole CC177-19 at the recently announced Machichie discovery (see press release dated 28th February 2019), and was designed to test a coincident magnetic low, IP chargeability high anomaly, and multi-element saprolite/soil geochemical anomaly. The hole intersected 15.9m @ 1.73 g/t gold from 79m, including 0.5m @ 21.3 g/t gold from 86.5m and 1m @ 10.3 g/t gold from 91.4m associated with strong silica-pyrite alteration and quartz-pyrite vein zones (see Figures 1 and 2). Several additional shorter and lower grade intersect...

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