Expands Jerimum Cima Discovery, Cuiú Cuiú Gold District, Brazil
Cabral Gold Drills 9.5m @ 5.74 g/t Gold and
Expands Jerimum Cima Discovery, Cuiú Cuiú
Gold District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) -
Cabral Gold Inc. (TSXV: CBR)
(OTCQX: CBGZF) ("Cabral" or the
"
Company
") is pleased to announce results from six additional
diamond drill holes at the Jerimum Cima target within the Cuiú Cuiú Gold District, Brazil.
Highlights
Drilling at the Jerimum Cima target returned
9.5m @ 5.74 g/t gold, 14.4m @ 0.62 g/t gold
and
15.1m @ 1.04 g/t gold
in hole DDH359 and has extended the eastern limit to the mineralized
zone by 175m and the body remains open to the east. Gold mineralization at Jerimum Cima has
now been traced over an E-W strike length of 750m
In addition, DDH365 returned
3.8m @ 10.80 g/t
including
0.5m @ 80.51 g/t
. This was a
reconnaissance hole drilled 250m southeast of DDH359 and cut a previously unrecognized high
grade zone south-east of the main mineralized zone at Jerimum Cima
Additional results include
2.0m @ 15.29 g/t gold
from DDH355, and
0.5m @ 34.87 g/t gold
and
0.6m @ 68.04 g/t gold
in DDH356 from the current western limit of the Jerimum Cima target. The
high-grade zones intersected in DDH356 were also previously unknown and are believed to be
peripheral and parallel to the main mineralized zone
Alan Carter, Cabral's President and CEO, commented,
"The Jerimum target is emerging as an
important discovery at Cuiú Cuiú. These latest drill results are very encouraging and significant for two
reasons: Firstly, they extend the main E-W trending mineralized zone by at least 175 meters to the
east where it remains open and extends the current known strike length of the main zone to 750
meters. Secondly, the presence of several previously unrecognised narrow high-grade structures
intersected in two reconnaissance holes drilled 600 meters apart and immediately south of the main
mineralized zone, is also highly encouraging and augers well for the calculation of an initial resource
in the primary material at Jerimum Cima.
"Jerimum Cima has a deep weathering profile to 70 meters depth and is characterized by a strong
gold-in-soil geochemical anomaly that is comparable with the MG and Central and gold deposits. Not
only do the drilling and trenching results thus far indicated the presence of an important gold-in-oxide
blanket but also a significant underlying gold deposit in the primary intrusive rocks. Further drilling is
planned and aimed at establishing the size of both the gold-in-oxide zone, and the underlying zones
of primary mineralization in the intrusive rocks."
Brian Arkell, Vice President of Exploration and Technical Services, commented,
"It's very exciting to
drill out this recent discovery where we've now hit gold in drill holes over a strike length of 750 meters
within a major fault zone at least 200 meters wide in places. We see potential improving to the east
where the structure takes a major bend heading into the TZ fault. Currently we are flying detailed
magnetics with our recently acquired drone system, as we continue diamond drilling, and we have
plans to bring in a second rig soon."
Jerimum Cima Drill Results
The Jerimum Cima target is located 3 kilometres ("km") ENE of the Central gold deposit and 3.5km NW
of the MG gold deposit (Figure 1). The target is characterized by a very strong gold-in-soil anomaly of
+100 parts per billion ("ppb") gold covering an area of 900 meters ("m") x 1000m and is comparable
with the gold-in-soil anomalies above the MG and Central gold deposits, and the PDM and Machichie
gold discoveries. As with the MG gold deposit and the Machichie Mian gold discovery, gold
mineralization at Jerimum Cima is centered on a major east-west fault zone, which forms a splay off the
regional scale Tocantinzinho fault system.
Previous reconnaissance drilling at Jerimum Cima returned
39m @ 5.1 grammes per tonne ("g/t")
gold
in primary intrusive rock material as well as
49m @ 2.0 g/t gold
(see press release dated May 21,
2025). In addition, a number of surface trenches returned gold intercepts of very good grade in gold-in-
oxide material, and include
14m @ 1.6 g/t gold, 20m @ 1.2 g/t gold, 10m @ 1.3 g/t gold, and 24m @
0.7 g/t gold
and
18m @ 1.9 g/t gold
(see press release dated November 14, 2024).
Figure 1: Map showing location of known gold deposits at Central, MG and JB. The location of new
discoveries at PDM, Machichie NE and Machichie Main as well as the Jerimum Cima discovery are
also shown.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/281546_6a1d54e7943a4bf8_002full.jpg
DDH355 and DDH356 were drilled on section 550683E on the western limit of the Jerimum Cima
target. DDH355 was designed to test the western limit of the main mineralized zone (Figures 2 and 3)
and intersected several mineralized intervals including
2.0m @ 15.29 g/t gold
from 63.0m depth in
saprolite (Table 1). The zone remains open to the west.
DDH356 was drilled directly south of DDH355 to test a magnetic low south of the main E-W mineralized
trend and cut several mineralized intervals including
2.4m @ 7.65 g/t gold
from 168.4m depth which
includes
0.5m @ 34.87 g/t gold,
and
0.6m @ 15.29 g/t gold
from 63.0m depth. (Figures 2 and 3, Table
1). These narrow high-grade zones were previously unrecognized and are open in every direction. They
may represent subordinate zones of high-grade mineralization which occur parallel to, and 125m south
of the main mineralized zone.
DDH359 and DDH360 were drilled on the eastern end of the main mineralized zone at Jerimum Cima
near a cross-cutting NE trending fault zone which is interpreted to have displaced the main mineralized
zone 50-100m to the south (Figure 2). DDH359 cut multiple mineralized intervals including
9.5m @ 5.74
g/t gold
from 41.4m depth including
3.6m @ 13.92 g/t gold
,
14.4m @ 0.62 g/t gold
from 83.5m depth
and
15.1m @ 1.04 g/t gold
from 108.9m depth all in intrusive rocks (Figures 2 and 4, Table 1).
DDH360 was drilled 75m further to the east of DDH359 and similarly cut several mineralized intervals of
lower grade including 45.1m @ 0.30 g/t gold in intrusive rocks from 79.0m depth including
0.5m @ 3.32
g/t gold, 0.7m @ 5.35 g/t gold
and
0.6m @ 5.80 g/t gold
(Figure 2, Table 1).
The presence of significant mineralization in both DDH359 and DDH360 at the eastern end of the known
mineralized zone at Jerimum Cima is highly encouraging and extends the main mineralized zone an
additional 175m to the west. The main mineralized zone has now been defined over a strike length of
approximately 750m and remains open to both the east and the west.
DDH365 was drilled 250m southeast of DDH359 into the same broad magnetic low that sits south of the
main mineralized zone at Jerimum Cima and was tested by DDH355 and DDH356 drilled 750m to the
east. It was a reconnaissance hole and cut a highly altered zone within multiple intrusive rocks with a
high-grade interval which returned
3.75m @ 10.80 g/t
including
0.5m @ 80.51 g/t
. This zone was
previously unrecognized and may represent the eastward continuation of the high-grade zone cut by
DDH355 which returned
2.0m @ 15.29 g/t gold.
Additional drilling is planned.
Figure 2: Map showing the location of trenches and certain drill holes with airborne magnetic RTP
data as background at the Jerimum Cima target. The location of diamond drill holes DDH355, 356,
359, 360, 362 and 365 are also shown together with previous significant drill and trench results
including CC26 which cut
39m @ 5.1 g/t gold
and RC561 which returned
49m @ 2.0 g/t gold
. Note
that three parallel mineralized zones in the underlying intrusive rocks have now been identified at
Jerimum Cima extending over at least 750m E-W. The limit to the oxide banket as currently known is
also shown. 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/3900/281546_6a1d54e7943a4bf8_003full.jpg
Figure 3: Cross section showing section 550683E at the Jerimum Cima discovery showing results
from DDH355 and DDH356. DDH355 cut a previously unrecognised zone of high-grade
mineralization 125m south of the main E-W trending mineralized zone at Jerimum Cima. The
mineralized zone remains open to the east and west and down-dip. 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/3900/281546_6a1d54e7943a4bf8_004full.jpg
Figure 4: Cross section showing section 551140E at the Jerimum Cima discovery showing results
from DDH359 which returned
9.5m @ 5.74 g/t gold, 14.4m @ 0.62 g/t gold and 15.1m @ 1.04 g/t
gold
and extends the main mineralized zone at Jerimum Cima towards the east. 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/3900/281546_6a1d54e7943a4bf8_005full.jpg
Table 1: Drill results from diamond drill holes DDH355, 356, 359, 360, 362 and 365, at the Jerimum
Cima discovery. All of the diamond holes were drilled at a dip of 55 degrees on a bearing of 0
degrees. Terms: g/t = grams / tonne, m = metres, Au = gold, EOH = end of hole. True widths may be
50% of actual drill intercepts
Drill Hole #
Weathering
From
To
Thickness
Grade
(m)
(m)
(m)
g/t gold
DDH355
Saprolite
23.0
27.0
4.0
0.46
34.0
42.0
8.0
0.16
63.0
65.0
2.0
15.29
Intrusive rock
206.4
210.0
3.7
0.51
238.0
238.5
0.5
1.54
EOH 261.85
DDH356
Saprolite
24.0
26.0
2.0
0.22
31.0
32.0
1.0
0.10
Intrusive rock
168.4
170.9
2.4
7.65
incl.
170.4
170.9
0.5
34.87
174.2
175.9
1.7
0.11
177.7
178.2
0.5
0.17
209.6
210.2
0.6
68.04
226.3
226.8
0.5
0.38
EOH 259.55
DDH359
Saprolite
5.3
6.0
0.7
0.43
Intrusive rock
41.4
124.0
82.6
0.98
incl.
41.4
50.9
9.5
5.74
incl.
43.4
47.0
3.6
13.92
and
65.8
68.3
2.5
0.35
and
83.5
97.9
14.4
0.62
and
96.0
97.9
1.9
2.80
and
104.2
104.7
0.5
0.83
and
108.9
124.0
15.1
1.04
and
108.9
110.9
2.0
5.03
and
117.3
117.8
0.5
2.73
EOH 139.95
DDH360
Blanket
1.0
4.0
3.0
0.17
Saprolite
11.0
12.0
1.0
0.23
22.0
22.0
0.0
0.14
27.0
32.0
5.0
0.18
39.0
42.0
3.0
0.13
47.0
50.0
3.0
0.70
65.0
66.0
1.0
0.20
Intrusive rock
79.0
124.1
45.1
0.30
incl.
82.0
82.5
0.5
3.32
and
104.2
104.9
0.7
5.35
and
122.9
123.6
0.6
5.80
150.7
151.7
1.0
0.19
162.4
163.6
1.3
0.13
202.0
203.4
1.4
0.25
EOH 207.85
DDH362
Blanket
0.0
1.2
1.2
0.15
Saprolite
8.0
9.0
1.0
0.13
18.0
19.0
1.0
0.20
21.0
23.0
2.0
0.29
35.0
36.0
1.0
0.13
Intrusive rock
77.0
79.0
2.0
0.16
172.7
173.4
0.7
0.74
EOH 243.45
DDH365
Blanket
6.3
8.8
2.5
0.13
Saprolite
42.2
45.1
2.9
0.27
Intrusive rock
73.1
73.7
0.6
0.13
84.0
84.5
0.5
0.63
146.7
150.4
3.8
10.80
incl.
149.1
150.4
1.3
31.07
incl.
149.1
149.6
0.5
80.51
185.6
186.1
0.5
0.16
189.3
190.3
1.0
0.42
210.8
211.3
0.5
0.11
217.8
218.7
0.8
0.27
224.1
224.8
0.8
0.51
236.3
236.8
0.5
0.10
263.3
264.0
0.6
0.37
EOH 269.85
Grant of Options / RSU's
Cabral's Board of Directors has also approved the granting of stock options and Restricted Share Units
("RSU's") pursuant to the Equity Incentive Plan to 53 employees, directors and consultants to the
Company. The stock options entitle the holders to purchase a total of 7,685,000 common shares in the
capital stock of the Company at a price of $0.75 per common share and are exercisable for five years
and are subject to vesting over 24 months. A total of 1,786,593 RSU's have also been granted with a
one-year vesting period.
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
https://www.newsfilecorp.com/release/281546