Cabral Gold Identifies Fifth Gold-in-Oxide Blanket and Trenches 18M @ 1.9 g/t Gold on Surface at the Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil

Core Viewpoint - Cabral Gold Inc. has announced significant trench results from the Jerimum Cima target, indicating the discovery of a fifth gold-in-oxide blanket within the Cuiú Cuiú Gold District in Brazil, which is expected to positively impact the company's resource base and pre-feasibility study [3][4][11]. Summary by Sections Trench Results - Trench CT050 at Jerimum Cima returned results of 18m at 1.9 g/t gold, including 1m at 22.8 g/t gold, and additional results of 0.8m at 47.6 g/t gold, 3m at 0.5 g/t gold, 2m at 0.3 g/t gold, and 1m at 2.4 g/t gold [4][9]. - The trench results confirm the presence of extensive gold-in-oxide mineralization at Jerimum Cima, which is likely to enhance the overall gold-in-oxide resource base [4][11]. Resource Potential - The newly identified gold-in-oxide blanket at Jerimum Cima appears to extend over an area of 900m x 1000m, adding to the existing resources at Central, MG, PDM, and Machichie [4][6]. - Previous reconnaissance drilling at Jerimum Cima indicated gold values of 14m at 1.6 g/t gold, 20m at 1.2 g/t gold, 10m at 1.3 g/t gold, and 24m at 0.7 g/t gold [4][8]. Exploration Strategy - The company is conducting a program of surface trenching and shallow RC drilling to increase both Inferred and Indicated resources of gold-in-oxide material, with a focus on adding Indicated resources for the mine plan [5][11]. - Jerimum Cima is one of four adjacent targets being explored, with surface geochemistry and geophysics indicating high potential for near-surface gold-in-oxide mineralization [6][11]. Historical Context - The Cuiú Cuiú gold district has a history of significant placer gold production, with the area being the largest site of placer gold workings in the Tapajós region, historically producing an estimated 2 million ounces of placer gold [16]. Company Overview - Cabral Gold Inc. is focused on the exploration and development of gold properties in Brazil, holding a 100% interest in the Cuiú Cuiú gold district, which contains both Indicated and Inferred resources [14][15].