Cabral Gold Drills 9.5m @ 87.4 g/t Gold at Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil
TargetTarget(US:TGT) TMX Newsfile·2026-03-12 10:30

Core Viewpoint - Cabral Gold Inc. has reported significant high-grade gold drill results from the Jerimum Cima target in the Cuiú Cuiú Gold District, Brazil, indicating a potentially important discovery that is not currently included in the existing resource base [3][11]. Group 1: Drill Results - The latest drill hole DDH372 returned 9.5m at 87.4 g/t gold, including 2.9m at 285.5 g/t gold, marking unprecedented high-grade results for the company [3][11]. - Previous drill hole CC-26 returned 45.6m at 4.47 g/t gold, and other holes have shown consistent high-grade results, suggesting a significant mineralized zone [5][10]. - Drill hole DDH369, located 500m east of DDH372, intersected 6.1m at 0.55 g/t gold and 13.9m at 0.73 g/t gold, indicating that gold mineralization remains open to the east and at depth [12][11]. Group 2: Geological Insights - The high-grade zone at Jerimum Cima appears to be localized at the intersection of E-W and NW-SE trending structures, surrounded by lower grade stockwork mineralization [4][13]. - The broader mineralized envelope is up to 200m wide and extends at least 750m E-W, with further drilling planned to define the size of both the near-surface gold-in-oxide zone and the underlying primary mineralization [4][13]. - A strong gold-in-soil anomaly of over 100 ppb covers an area of 900m x 1000m, comparable to other significant gold deposits in the region [6][11]. Group 3: Future Plans - The company plans to continue drilling to the east and north-northeast to determine the overall extent of the mineralization at the Jerimum Cima target [6][11]. - Additional drill results from two more diamond drill holes are pending, which will further clarify the size and potential of the mineralized system [11][12]. Group 4: 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 has defined resources of 12.29Mt at 1.14 g/t gold and 13.56Mt at 0.50 g/t gold [17][18]. - The Cuiú Cuiú project is situated in the Tapajós Region, known for its historical gold production, making it a significant area for gold exploration [18].

Cabral Gold Drills 9.5m @ 87.4 g/t Gold at Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil - Reportify