Cabral Gold Extends Machichie Main Down- dip and Drills New Mineralized Zone, Cuiú Cuiú Gold District, Brazil
Cabral Gold Extends Machichie Main Down-
dip and Drills New Mineralized Zone, Cuiú
Cuiú Gold District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) -
Cabral Gold Inc. (TSXV: CBR)
(OTCQB: CBGZF)
("Cabral" or the
"
Company
") is pleased to announce results from seven additional
diamond drill holes ("DDH") and two reverse circulation ("RC") drill holes at the Machichie Main gold
deposit within the Cuiú Cuiú Gold District, Brazil.
Highlights
Drilling at the Machichie Main zone located 500m north of the MG gold deposit, continues to both
infill and extend the mineralized zone at depth. RC587 returned
5m @ 4.70 g/t gold
from 35m
depth including
2m @ 10.76 g/t gold.
In addition, DDH353 returned
6m @ 1.78 g/t gold
from
285.5m depth including
1m @ 8.36 g/t gold
60m down dip of the deepest intercept on section
552900E
Drilling has also intersected a new and previously unrecognized zone of mineralization located
approximately 100m south of the Machichie Main zone with results of
5.4m @ 1.41 g/t gold
including
0.5m @ 12.18 g/t gold.
The zone remains open to the east, west and at depth
Drilling has recommenced at Cuiú Cuiú following the end-of-year break with results pending on
several holes at J Cima and Moreira Gomes. In parallel with the ongoing construction of the Phase
1 gold-in-oxide starter project, the Company is expanding the current exploration drill program and
expects to add a fourth drill rig during February
Alan Carter, Cabral's President and CEO commented,
"The recent drill results from the Machichie
Main zone are encouraging and extend the mineralized zone at depth. This should have positive
implications for the definition of an initial resource in the hard-rock mineralization at Machichie Main
in the coming months. In addition, the identification of a previously unrecognised zone of
mineralization 100 metres south of and parallel to the Machichie Main mineralized zone is a positive
development which will require further drilling.
This discovery is further evidence that exploration of the Cuiú Cuiú
gold
district is still in the formative
stages and that additional discoveries are likely. The ramping up of the exploration drill program and
the addition of a fourth rig, in parallel with the ongoing drone magnetic survey is expected to result in
continued growth of the resource base within the district.
Following the end of year break, construction activities on site with respect to the Phase 1 gold-in-
oxide heap-leach project have resumed. Favourable weather conditions in early January have
resulted in above plan productivity in both the earthworks and civil works. Procurement of key capex
items is almost complete, and the project remains on schedule."
Machichie Main Drill Results
The Machichie Main zone is an E-W trending zone of gold mineralization located 500 metres ("m") north
of the MG gold deposit (Figure 1). As with the MG and Central gold deposits, the zone of primary
mineralization within intrusive rocks is overlain by an extensive weathered layer consisting of near-
surface sediments and underlying saprolite (weathered intrusive rock). Both types of material are
considered gold-in-oxide material. A preliminary Inferred resource estimate of 3.73 million tonnes ("Mt")
@ 0.5 grams per tonne ("g/t") gold was calculated for the gold-in oxide material only at Machichie Main
and was released in October 2024 (see press release dated October 21, 2024). Thus far, no resource
has been estimated for the primary gold deposit at Machichie Main but drilling and trenching to date
have outlined the mineralized zone over 900m strike extent. The mineralized zone is open down-dip on
every section.
The current drill program is aimed at defining an initial resource in the hard rock material at Machichie
Main.
Figure 1: Map showing location of known gold deposits at Central, MG and JB. The location of new
discoveries at PDM, Machichie NE Jerimum Cima as well as the Machichie Main discovery are also
shown. Machichie Main is located just 500m north of the MG gold deposit and 3.5km SE of the
Central gold deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/280489_fa2a7c00f4d59919_002full.jpg
Results have been obtained on seven additional diamond drill holes (DDH343, 345, 348, 350, 352, 353,
and 354) and two reverse circulation drill holes (RC587 and RC588) at the Machichie Main zone.
RC587 and RC588 were drilled on sections 552930E and 552810E respectively as infill holes in the
central part of the Machichie Main deposit (Figure 2) aimed at providing better certainty regarding the
location of the mineralized zone between existing drill holes.
Neither section had any previous drilling.
Both holes were drilled into areas of unclassified mineralized material where spacing between drill hole
fences was greater than 75 m.
Results demonstrated excellent continuity of the projected mineralized zones. RC587 returned
5m @
4.70 g/t gold
from 35m depth in intrusive rock including
2m @ 10.76 g/t gold
confirming continuity of
high grade over the 75m drilling gap. RC588, drilled 120m to the west, cut multiple mineralized intervals
in saprolite including
12m @ 0.50 g/t gold
from 33m depth including
1m @ 2.52 g/t gold,
and
3m @
2.78 g/t gold
from 49m depth including
1m @ 7.65 g/t gold
from 51m depth.
DDH353 and DDH354 were drilled in the central part of the Machichie Main gold deposit on section
552900E. DDH353 was drilled from north to south at an angle of 50 degrees and
returned multiple
mineralized intercepts but the main zone returned
6m @ 1.78 g/t gold
from 285.5m depth including
1m
@ 8.36 g/t gold
(Figures 2 and 3, Table 1) extending the mineralized zone at least 60m further down
dip.
DDH354 was drilled from the south to north and similarly intersected the main mineralized zone at
depth along with a previously unknown mineralized structure at 45.7m depth returning
5.4m @ 1.41 g/t
gold
including
0.5m @ 12.18 g/t gold
100m south of the known Machichie Main structure (Figures 2
and 3, Table 1).
Drill holes DDH348, DDH350 and DDH352 were all drilled in the western part of the Machichie Main
target which is separated from the main deposit to the east by a north-south tending fault that is
coincident with a large magnetic low anomaly. The holes cut multiple mineralized intervals in both
saprolite and hard rock (Figure 2, Table 1). Highlights include DDH348 which returned
0.8m @ 2.99 g/t
gold
in intrusive rock from 23.4m depth and
6.4m @ 2.04 g/t gold
from 50.0m depth again in intrusive
rock. DDH350 similarly intercepted
12.7m @ 0.79 g/t gold
from 10.4m depth and
7.6m @ 1.74 g/t
gold
from 32.0m depth, and
3.6m @ 2.38 g/t gold
from 53.5m depth,
0.7m @ 7.68 g/t gold
from
148.0m depth and
2.5m @ 2.41 g/t gold
from 177.9m depth, all in intrusive rock. DDH352 also
intersected a number of mineralized intervals including
8.9m @ 0.54 g/t gold
from 69.1m depth in
intrusive rock (Figure 2, Table 1). Oriented core measurements from these holes show the gold
mineralization trends primarily southwest-northeast likely due to fault block rotation. Mineralization is thus
open to the southwest where further drilling is planned.
Figure 2: Map showing the Machichie Main target area and drill results reported in this press release.
Background image is RTP airborne magnetic data. The location of diamond drill holes DDH343, 345,
348, 350, 352, 353, and 354 and RC drill holes RC587 and RC588 is also highlighted. Terms: g/t =
grams / tonne, m = metres, Au = gold. True widths may be 50% of actual drill intercepts.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/280489_fa2a7c00f4d59919_003full.jpg
Figure 3: Cross section 552900E at the Machichie Main gold deposit showing results from DDH353
and DDH354. DDH353 extends the Machichie Main zone down dip by a further 60m and DDH354 cut
a previously unknown mineralized structure 100m south of Machichie Main. True widths may be 50%
of actual drill intercepts. Terms: g/t = grams / tonne, m = metres, Au = gold.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/280489_fa2a7c00f4d59919_004full.jpg
Drill Hole #
Weathering
From
(m)
To
(m)
Thickness
(m)
Grade
g/t gold
DDH343
Intrusive rock
129.0
130.5
1.5
0.30
156.1
158.4
2.3
0.30
EOH 178.3
DDH345
Saprolite
Intrusive rock
15.0
19.0
4.0
0.79
29.0
31.0
2.0
0.60
198.4
200.2
1.8
0.61
EOH 230.85
DDH348
Blanket
Saprolite
Intrusive rock
0.0
5.0
5.0
0.23
7.0
14.4
7.4
0.23
23.4
24.2
0.8
2.99
50.0
56.4
6.4
2.04
69.9
72.0
2.1
0.28
125.6
126.2
0.6
1.22
EOH 141.40
DDH350
Blanket
Saprolite
Intrusive rock
5.0
7.7
2.7
0.21
10.4
23.0
12.7
0.79
32.0
39.6
7.6
1.74
47.6
48.1
0.5
1.26
53.5
57.0
3.6
2.38
91.8
93.4
1.6
0.55
148.0
148.7
0.7
7.68
161.0
163.9
2.9
0.25
177.9
180.4
2.5
2.41
EOH 226.4
DDH352
Blanket
Saprolite
Intrusive rock
4.0
9.6
5.6
0.10
23.0
26.4
3.4
0.16
42.0
43.0
1.0
0.48
50.5
61.0
10.6
0.15
69.1
78.0
8.9
0.54
Incl.
75.0
76.0
1.0
2.55
88.8
90.0
1.2
0.62
EOH 240.15
DDH353
Blanket
Saprolite
Intrusive rock
0.0
10.9
10.9
0.10
25.0
31.0
6.0
0.34
198.4
200.4
2.0
3.12
Incl.
198.9
199.4
0.5
10.00
256.8
257.3
0.5
0.57
274.0
276.5
2.5
0.42
278.5
279.2
0.7
0.83
283.5
284.0
0.5
0.53
285.5
291.5
6.0
1.78
Incl.
288.5
289.5
1.0
8.36
EOH 310.05
DDH354
Intrusive rock
45.7
51.0
5.4
1.41
47.2
47.7
0.5
12.18
131.5
132.0
0.5
0.17
146.4
147.2
0.8
0.98
156.8
157.3
0.5
0.18
160.1
160.6
0.5
0.24
210.6
212.4
1.8
2.05
221.7
222.2
0.5
0.28
236.0
238.0
2.0
0.70
EOH 240.90
RC0587
Saprolite
Intrusive rock
0.0
4.0
4.0
0.92
35.0
40.0
5.0
4.70
Incl.
35.0
37.0
2.0
10.76
57.0
58.0
1.0
0.48
EOH 78.0
RC0588
Blanket
Saprolite
1.0
3.0
2.0
0.15
33.0
45.0
12.0
0.50
Incl.
39.0
40.0
1.0
2.52
49.0
52.0
3.0
2.78
Incl.
51.0
52.0
1.0
7.65
68.0
70.0
2.0
0.70
EOH 80.0
Table 1: Drill results from diamond drill holes DDH343, 345, 348, 350, 352, 353, and 354 and two
reverse circulation drill holes (RC587 and RC588) at the Machichie Main discovery. All of the
diamond holes were drilled at a dip of 50 degrees except for holes DDH343 and DDH345 which were
drilled at 60 degrees and 55 degrees dip respectively. All of the diamond drill holes were drilled on a
bearing of 180 degrees except for DDH354 which was drilled on a bearing of 0 degrees. RC holes,
RC0587 and RC588 were both drilled at 60 degrees dip on a bearing of 180 degrees. Terms: g/t =
grams / tonne, m = metres, Au = gold, EOH = end of hole. True widths may be 50% of actual drill
intercepts.
Drilling Plans
Drilling has recommenced at Cuiú Cuiú following the end-of-year break, with results pending on several
RC holes at Moreira Gomes (MG) and a number of diamond drill holes at Jerimum Cima and MG. RC
drilling at MG is focused on the south side where gold-in-oxide and primary mineralization are open
beyond the current resource shells. The principal objective of the diamond drilling at MG is to extend the
known deposit down-dip where the modeled gold zones are open at depths below 200m depth. This
campaign will also check for the presence of parallel mineralized structures in areas of widely spaced
drilling.
At Jerimum Cima, where first pass drilling has defined at least three parallel east-west zones of gold
mineralization covering a strike length of more than 700m, the objective of the drilling is to determine the
extent of both the gold-in-oxide blanket mineralization and the underlying primary zone of mineralization.
Previous drilling at Jerimum Cima has returned results that include
49m @ 2.0 g/t gold
(see press
release dated May 21, 2025). The Company is currently awaiting final drilling results from 2025 and will
lay out a follow-up drilling program to be executed early this year.
The priorities for the exploration drilling program over the next 6 months include the expansion of the MG
and CentraI gold deposits, the definition of the mineralized bodies at Jerimum Cima, Machichie West,
and Machichie NE, as well as follow-up reconnaissance drilling at the Mutum target. Several early-stage
first pass drilling programs are planned to test early-stage exploration targets such as Morro da Lua,
Jerimum Meio, Guarim, and others. The ongoing drone magnetic survey announced on December 4,
2025, is expected to provide significant insights on the structural controls to mineralization in the +50
targets so far identified at Cuiu Cuiu and consequently exploration drilling priorities are likely to change
as additional data becomes available.
In parallel with the ongoing construction of the Phase 1 gold-in-oxide starter project, the Company is
expanding the current exploration drill program and expects to add a fourth drill rig during February.
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
Quality Assurance / Quality Control
Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration
projects using industry best practices. Key elements of the QAQC program include verifiable chain of
custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well
as check assays on results.
RC samples are split, collected in plastic sample bags, and sealed on
drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are
shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano,
Brazil, an independent analytical services provider with global certifications for Quality Management
Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC
17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with
secondary assay techniques applied on higher grade samples. Final assay results are validated by
Cabral Geological Staff prior to insertion into the database. Additional information regarding the
Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July
2025, which can be found on the Company's website.
Qualified Person and Technical Information
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.
To view the source version of this press release, please visit
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