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Cabral Gold Drills 12m @ 27.7g/t Gold at the Machichie NE Target, Cuiú Cuiú Gold District, Brazil
TGTTarget(TGT) Newsfile·2025-04-03 10:30

Core Viewpoint - Cabral Gold Inc. has reported significant drill results from the Machichie NE target in the Cuiú Cuiú Gold District, Brazil, indicating the presence of a substantial zone of high-grade gold mineralization [3][4][6]. Group 1: Drill Results - The latest drilling at Machichie NE returned 12 meters at 27.7 grams per tonne (g/t) gold from a depth of 42 meters, including 5 meters at 65.5 g/t gold [6][8]. - Previous drill results at Machichie NE include 11 meters at 33.0 g/t gold, 6 meters at 13.3 g/t gold, and 5 meters at 24.5 g/t gold, showcasing a consistent presence of high-grade gold [4][12]. - The mineralized zone is approximately 200 meters long and remains open in all directions and at depth, trending northwest-southeast [9][10]. Group 2: Exploration Plans - The company plans to continue aggressive exploration of over 50 targets at Cuiú Cuiú, where gold has been identified in various forms including boulder fields and trenches [4][19]. - Additional drilling is planned to further define the high-grade zone and to explore for additional gold-in-oxide resources that may extend from the Machichie Main zone to Machichie NE [7][18]. Group 3: Company Background - 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 [19]. - The Cuiú Cuiú project has defined indicated resources of 21.6 million tonnes at 0.87 g/t gold and inferred resources of 19.8 million tonnes at 0.84 g/t gold, as per the technical report dated October 12, 2022 [19].