Cabral Gold Expands the Gold-in-Oxide Blanket at PDM by 50% and Discovers Two New Zones of Primary Gold Mineralization at the PDM Target, Cuiu Cuiu Gold District
Cabral Gold Expands the Gold-in-Oxide
Blanket at PDM by 50% and Discovers Two
New Zones of Primary Gold Mineralization at
the PDM Target, Cuiu Cuiu Gold District
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) -
Cabral Gold Inc. (TSXV: CBR)
(OTCQB: CBGZF)
(
"Cabral" or the
"
Company
") is pleased to announce drill results from 10 RC drill
holes and 6 diamond drill holes recently completed at the PDM target located 2.5km NW of the Central
gold deposit and within the Cuiu Cuiu district.
Highlights
Drill hole RC0579 Intersected
6m @ 2.74 g/t gold
from 9m depth in saprolite Including
1m @
13.06 g/t gold
from 10m depth
Multiple zones of lower grade gold mineralization were also intersected within near-surface
saprolite material at PDM, including;
11m @ 0.88 g/t gold
from 26m depth in saprolite in RC0573
10m @ 0.39 g/t gold
from surface in saprolite in RC575
6m @ 1.46 g/t gold
from 11m depth in saprolite including
1m @ 7.98 g/t gold
in RC583
9m @ 0.50 g/t gold
from surface plus
5m @ 1.96 g/t gold
from 41m depth including
1m @
9.08 g/t gold
in DDH334
2.75m @ 3.05 g/t gold
from 123.25m depth in saprolite in DDH335
12.7m @ 0.50 g/t gold
from 10.3m depth in saprolite in DDH337
13m @ 0.54 g/t gold
from surface in blanket sediments including
1.4m @ 3.17 g/t gold
from 7.4m depth in DDH338
Recent drilling at the PDM target has now expanded the surface area of the gold-in-oxide
mineralized blanket by 50% from 0.26 km² to 0.39 km² which is expected to have positive
implications for the existing gold-in-oxide resource base at PDM
Drilling in the primary mineralization below the gold-in-oxide blanket has also added 2 new zones
of mineralization which are NW-SE trending, are parallel to the existing mineralized zones, extend
at least 600m along strike and are open to the north and south
Alan Carter, Cabral's President and CEO commented,
"These latest drill results from the PDM target at
Cuiú Cuiú have extended the surface extent of the gold-in-oxide blanket by 50% indicating a
significantly larger gold-in-oxide resource base. This is important given that the existing resource
base at PDM was not included in the recently released updated PFS study for the gold-in-oxide starter
operation. Of greater importance, however, is the fact that additional drilling has increased the number
of NW trending primary mineralized zones in the underlying intrusive rocks at PDM, from two to four.
All of these mineralized zones remain open along strike to the north and south and at depth. Drilling is
currently in progress at the previously untested Mutum target where surface trenches average 0.9 to
1g/t gold in quartz vein stockwork mineralization in altered intrusive rocks. Drilling is also currently in
progress at the Machichie and Machichie NE targets."
PDM Drill Results
The PDM (Pau de Merenda) target is located 2.5km northwest of the Central gold deposit at Cuiú Cuiú
(Figure 1) within a prominent northwest-trending +100ppb gold-in-soil anomaly, which has been traced
for more than 5km along strike, and remains open. The Central gold deposit, as well as the Central SE,
Central North, PDM and Mutum targets all lie within this trend.
Figure 1 Map showing location of PDM discovery and primary gold deposits with 43-101 compliant
Indicated and Inferred resources at Central, MG, and JB. The PDM, Machichie Main, Machicie NE
and Jerimum Cima gold discoveries are also shown - all of these discoveries have along strike
continuity. The main exploration targets (yellow dots) and distribution of historic placer gold workings
(pale yellow outlines) are also shown.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/267939_61055d51b45fcb15_002full.jpg
The objective of the current drill program at PDM is to add ounces to both the current gold-in-oxide
resource base, and to calculate a maiden resource for the mineralized zones in the underlying primary
intrusive rocks.
Previous results from initial diamond-drill holes in granitic basement rocks below the gold-in-oxide
blanket at PDM include;
22.4m @ 4.8 g/t,
including:
1.35m @ 62.0 g/t gold
, and
11.9m @ 3.3 g/t
gold,
including
0.5m @ 16.1 g/t gold,
and
1.2m @ 16.0 g/t gold
in DDH239; and
18.0m @ 2.5 g/t
gold
from
92.0m, including
3.0m @ 10.5 g/t gold
, in DDH275
.
(see press releases dated December 15, 2021,
January 12, 2022 and April 28, 2022). These higher grade intercepts occur within brecciated structural
zones and mostly remain open at depth as well as along strike.
Results were recently received on 10 additional RC holes and 6 diamond drill holes at PDM (Figure 2).
All of the holes were completed on three NE-SW sections and were drilled to the north-east. RC holes
RC0573 to RC0576 and diamond drill hole DDH340 were all drilled on section 9347060N. Results are
pending on two additional drill holes, DDH342 and DDH344 on this section.
Diamond drill holes DDH334 to DDH338 were all drilled on section 9346906N, 200m to the south. Of
these holes, DDH334 returned
9m @ 0.50 g/t gold
from surface plus
5m @ 1.96 g/t gold
from 41m
depth including
1m @ 9.08 g/t gold.
These drill results suggest the presence of two additional NW trending mineralized zones that are
parallel to the two existing mineralized zones known in the primary intrusive rocks at PDM. Of particular
significance, is the result from RC0579 which was drilled on section 9346780N and is one of the most
southerly holes drilled at PDM. It returned
6m @ 2.74 g/t gold
from surface including
1m @ 13.06 g/t
gold
from 10m depth. The mineralized zone intersected at the top of this hole is interpreted to be the
most southerly extension of one of the main mineralized zones at PDM and extends mineralization 150m
further south. All of the mineralized zones remain open to the south and the north.
These recent results suggest the presence of a significantly larger gold-in-oxide mineralized blanket
zone which can now be traced over blanket 0.39 km² and includes the Mutum area to the south-east
where previous trenching returned gold values including
32m @ 1g/t gold, 25.5m @ 0.9g/t gold and
16.5m @ 0.9g/t gold
. This represents a 50% increase on the previous area of the gold -in-oxide blanket
at PDM which previously extended over 0.26 km². The blanket area remains open to the north.
Reconnaissance RC drilling at the previously untested Mutum target is currently in progress.
Results are pending on two additional diamond drill holes at PDM (DDH342 and DDH344). Drilling is
currently in progress with three rigs turning at the Mutum target as well as the Machichie Main and
Machichie NE targets. Drilling during recent months at the Machichie NE target returned
12m @ 27.7 g/t
incl. 5m @ 65.5 g/t gold, 11m @ 33.0 g/t incl. 4m @ 89.3 g/t gold, 6m @ 13.3 g/t incl. 1m @ 77.5
g/t gold and 5m @ 24.5 g/t incl. 2m @ 60.5 g/t gold
(see press releases dated May 30, 2024, July
25, 2024, October 28, 2024 and April 3,2025).
Figure 2: Map showing the PDM target with recent drill results and selected previous results.
Terms: g/t = grams / tonne, m = metres, Au = gold
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/267939_61055d51b45fcb15_003full.jpg
Drill
Hole #
Weathering
From
To (m)
(m)
Thickness
(m)
Grade
g/t gold
RC0573
Blanket
0.00
10.00
10.00
0.17
Saprolite
10.00
15.00
5.00
0.12
26.00
37.00
11.00
0.88
EOH
77.50
RC0574
Blanket
0.00
9.00
9.00
0.45
Incl.
7.00
9.00
2.00
1.06
Saprolite
9.00
12.00
3.00
0.54
23.00
24.00
1.00
0.53
EOH
77.00
RC0575
Blanket
0.00
10.00
10.00
0.39
Incl.
7.00
9.00
2.00
0.93
Saprolite
10.00
16.00
6.00
0.24
EOH
76.00
RC0576
Blanket
0.00
10.00
10.00
0.29
Saprolite
10.00
12.00
2.00
0.13
23.00
24.00
1.00
0.59
26.00
27.00
1.00
0.35
EOH
73.00
RC0579
Blanket
0.00
9.00
9.00
0.22
Saprolite
9.00
15.00
6.00
2.74
Incl.
10.00
11.00
1.00
13.06
19.00
20.00
1.00
0.71
EOH
82.00
RC0580
Blanket
0.00
6.00
6.00
0.14
Saprolite
6.00
9.00
3.00
0.44
21.00
22.00
1.00
3.80
EOH
62.00
RC0582
Blanket
1.00
4.00
3.00
0.43
EOH
74.00
RC0583
Blanket
0.00
4.00
4.00
0.24
Saprolite
11.00
17.00
6.00
1.46
Incl.
11.00
12.00
1.00
7.98
28.00
29.00
1.00
0.84
41.00
42.00
1.00
0.39
EOH
62.00
RC0584
Blanket
0.00
4.00
4.00
0.44
EOH
73.00
RC0585
Blanket
0.00
10.00
10.00
0.19
Saprolite
19.00
20.00
1.00
0.65
EOH
61.00
DDH334
Blanket
0.00
9.00
9.00
0.50
Saprolite
21.00
25.00
4.00
0.45
26.50
30.50
4.00
1.17
41.00
46.00
5.00
1.96
Incl.
41.00
42.00
1.00
9.08
49.00
50.00
1.00
0.42
EOH
78.00
DDH335
Blanket
0.00
11.00
11.00
0.28
Fresh Rock
104.70
105.70
1.00
0.46
123.25
126.00
2.75
3.05
EOH
152.90
DDH336
Blanket
0.00
6.10
6.10
0.34
Saprolite
6.10
8.00
1.90
0.23
22.00
32.00
10.00
0.29
38.00
39.00
1.00
0.36
EOH
136.60
DDH337
Blanket
0.00
10.30
10.30
0.23
Saprolite
10.30
23.00
12.70
0.50
42.00
42.50
0.50
0.53
Fresh Rock
89.50
90.65
1.15
0.37
EOH
127.75
EOH
127.75
DDH338
Blanket
0.00
13.00
13.00
0.54
7.40
8.80
1.40
3.17
Fresh Rock
75.90
89.00
13.10
0.16
Incl.
82.70
83.20
0.50
2.06
111.55
114.00
2.45
0.83
EOH
228.85
DDH339
Blanket
2.90
4.35
1.45
0.31
Saprolite
75.00
76.00
1.00
0.89
EOH
147.4
DDH340
Blanket
0.00
15.00
15.00
0.22
Saprolite
27.00
29.00
2.00
1.01
45.00
47.00
2.00
0.33
78.00
80.15
2.15
0.27
EOH
153.3
Table 1: Drill results from RC drill holes RC573 to RC576, RC579, RC580, RC582 to RC585
and diamond drill holes DDH334 to DDH340 at the PDM target
Update on Construction Financing
Management continues to focus on securing the necessary construction financing for its gold-in-oxide
starter operation at Cuiú Cuiú aimed at leaching the near surface mineralized saprolite and soil material.
As per the Updated PFS study of July 29, 2025, the construction capex is US$37.7M and the post-tax
IRR is 78% with an NPV of US$73.9M with a payback of 10 months based on the base case gold price
of US$2,500 per oz. The All-in sustaining costs (AISC) are $1,210 / oz of gold produced.
In parallel with our work on securing the construction financing, we are continuing our work on completing
the detailed engineering for the project. At the same time, we are building out our construction and
operating team under Luiz Celaro, our recently appointed Construction Manager.
About Cabral Gold Inc.
The Company is a junior resource Company engaged in the identification, exploration, and development
of mineral properties, with a primary focus on gold properties located in Brazil. The Company has a
100% interest in the Cuiú Cuiú gold district located in the Tapajós Region, within the state of Pará in
northern Brazil. Three main gold deposits have so far been defined at the Cuiú Cuiú project which
contain National Instrument ("NI") 43-101 compliant Indicated resources of 12.29Mt @ 1.14 g/t gold
(450,200oz) in fresh basement material and 13.56Mt @ 0.50 g/t gold (216,182oz) in oxide material. The
project also contains Inferred resources of 13.63Mt @ 1.04 g/t gold (455,100oz) in fresh basement
material and 6.4Mt @ 0.34 g/t gold (70,569oz) in oxide material. The resource estimate for the primary
material is based on the NI 43-101 technical report dated October 12, 2022. The resource estimate for
the oxide material at PDM and MG is based on a NI 43-101 technical report dated October 21, 2024.
The resource estimate for the oxide material at Central and Machichie is based on a NI43-101 technical
report ("Updated PFS") dated July 29, 2025.
The Tapajós Gold Province is the site of the largest gold rush in Brazil's history which according to the
ANM (Agência Nacional de Mineração or National Mining Agency of Brazil) produced an estimated 30
to 50 million ounces of placer gold between 1978 and 1995. Cuiú Cuiú was the largest area of placer
workings in the Tapajós and produced an estimated 2Moz of placer gold historically.
FOR FURTHER INFORMATION PLEASE CONTACT:
"Alan Carter"
President and Chief Executive Officer
Cabral Gold Inc.
Tel: 604.676.5660
Technical information included in this release was supervised and approved by Brian Arkell, B.S.
Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG
(Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person
under NI 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-looking Statements
This news release contains certain forward-looking information and forward-looking statements within
the meaning of applicable securities legislation (collectively "forward-looking statements").
The use of
the words "will", "expected" and similar expressions are intended to identify forward-looking
statements.
These statements involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those anticipated in such forward-looking
statements.
Such forward-looking statements should not be unduly relied upon. The Company
believes the expectations reflected in those forward-looking statements are reasonable, but no
assurance can be given that these expectations will prove to be correct.
Notes
Gold analysis has been conducted by SGS method FAA505 (fire assay of 50g charge), with higher
grade samples checked by FAA525. Analytical quality is monitored by certified references and
blanks. Until dispatch, samples are stored under the supervision the Company's exploration office.
The samples are couriered to the assay laboratory using a commercial contractor. Pulps are returned
to the Company and archived. Drill holes results are quoted as down-hole length weighted
intersections.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/267939