Core Insights - Cabral Gold Inc. has announced significant drill results from the Mutum target, indicating a previously unrecognized mineralized structure connecting the Central and PDM gold deposits over a distance of 1.8 kilometers [3][6][16] Summary by Sections Drill Results - The reconnaissance drilling at the Mutum target included 17 shallow RC drill holes, with notable intercepts such as 8 meters at 1.32 grams per tonne (g/t) gold from 43 meters depth in hole RC0602, and 13 meters at 0.83 g/t gold from 11 meters depth in hole RC0604 [6][15][16] - Previous surface trenching in the area returned results of 32 meters at 1.0 g/t gold, 25 meters at 0.9 g/t gold, and 16.5 meters at 0.9 g/t gold [7] Geological Insights - A drone magnetic survey revealed a clear northwest-trending structural corridor that was not visible in earlier airborne data, enhancing the understanding of the geological controls on gold mineralization in the Cuiú Cuiú district [4][10][18] - The Mutum target is characterized by thick soil cover and low gold-in-soil values, which previously made it a low-priority area for exploration [8] Future Plans - In light of the promising results, the company plans to conduct follow-up drilling along the newly identified mineralized structure connecting the Central and PDM deposits [17] - The company has acquired its own drone magnetic system to expedite exploration across the entire Cuiú Cuiú district [18] Company Background - Cabral Gold Inc. focuses on the exploration and development of gold properties in Brazil, holding a 100% interest in the Cuiú Cuiú gold district, which contains significant indicated and inferred resources [25][26]
Cabral Gold Drills New Mineralized Structure Connecting PDM and Central Gold Deposits, Cuiú Cuiú Gold District, Brazil