Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil
Cabral Gold Drills 9.5m @ 87.4 g/t Gold at
Jerimum Cima Target, Cuiú Cuiú Gold District,
Brazil
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2026) -
Cabral Gold Inc.
(TSXV: CBR)
(OTCQX: CBGZF) ("Cabral" or the
"
Company
") is pleased to announce results from two additional
diamond drill holes at the Jerimum Cima target within the Cuiú Cuiú Gold District, Brazil.
Highlights
Recent drilling at the Jerimum Cima target, located 3km ENE of the Central gold deposit and
3.5km NW of the MG gold deposit at Cuiú Cuiú, returned
9.5m @ 87.4 g/t gold
from 173.8m
depth including
2.9m @ 285.5 g/t gold
from 178.7m depth in hole DDH372
The zone intersected in DDH372 is most likely the same zone intersected by previously released
drill holes which returned
45.6m @ 4.5 g/t gold,
and
9.5m @ 5.74 g/t gold
including
3.6m @ 13.9
g/t gold
, and suggests the presence of a high-grade zone which may form the core of the
mineralized system at Jerimum Cima. The high-grade zone remains open along strike and at
depth
In addition, DDH369 which was drilled 500m further to the east at Jerimum Cima, intersected
6.1m
@ 0.55 g/t gold
and
13.9m @ 0.73 g/t gold.
This hole is the most easterly hole so far drilled at
Jerimum Cima and is a 150m step out from a previously released intercept in DDH365 which
returned
3.8m @ 10.80 g/t
including
0.5m @ 80.51 g/t
. Gold mineralization remains open to the
east and at depth
Results on 2 additional diamond drill holes are pending from Jerimum Cima. Drilling is continuing
and is aimed at defining the size of the broader mineralized system, and now, the extent of the
high-grade mineralization intersected in DDH372
Alan Carter, Cabral's President and CEO commented,
"Whilst we have encountered very high-grade
drill intercepts in several of the known deposits and recent discoveries within the Cuiú Cuiú district,
notably Machichie NE where we recently drilled
11m @ 33.0 g/t and 12m @ 27.7 g/t gold
, we have
never encountered drill results of this magnitude. DDH372 at Jerimum Cima returned
9.5m @ 87.4
g/t gold
including
2.9m @ 285.5 g/t gold
. It is becoming increasingly clear that we have an important
discovery at Jerimum Cima which is located 3km ENE of the Central gold deposit and 3.5km NW of
the MG gold deposit, and is not currently part of the existing resource base.
These latest drill results suggest the presence of a central zone of very high-grade material at
Jerimum Cima which appears to be surrounded by lower grade stockwork mineralization. The high-
grade zone appears to be localized at the intersection of E-W and NW-SE trending structures, and is
within a broader mineralized envelope that is up to 200m wide and extends at least 750m E-W.
Further drilling is planned, and is aimed at establishing the size of both the near surface gold-in-oxide
zone, and the underlying zones of primary mineralization in the intrusive rocks, particularly the high-
grade zone encountered in DDH372".
Brian Arkell, Vice President of Exploration and Technical Services commented:
"These are the
strongest drill results thus far from Jerimum Cima and occur along trend of the high-grade results
recorded previously in diamond drill hole CC-26 (45.6m @ 4.47 g/t Au) and other drill holes nearly
400m to the west. Though we are still at an early stage and our drilling remains widely spaced, we are
defining an altered, mineralized zone up to 200m wide, at least 900m long, which is open to the east
and at depth. Similar to what we see at MG and Machichie Main, this is a broad east-west trending
structure, emanating as a splay off the regional-scale TZ fault, showing multiple episodes of altered
intrusive dykes and higher grade breccias.
Of additional interest, there is a large gold-in-oxide cap over much of this area, and a broad gold-in-
soil anomaly which is open to the north and east. Our current plans are to continue drilling both to the
east and north-northeast to determine the overall extent of the mineralization at the Jerimum Cima
target."
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
Main gold discoveries. As with the MG gold deposit and the Machichie Main gold discovery, gold
mineralization at Jerimum Cima is centered on a major east-west trending fault zone, which forms a
splay off the regional scale Tocantinzinho fault system.
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/3900/288249_2d7269dcc4661a08_002full.jpg
Previous reconnaissance drilling at Jerimum Cima returned
45.6m @ 4.5 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) and more recently
9.5m @ 5.74 g/t gold
from 41.4m depth including
3.6m @ 13.92 g/t gold
(see
press release dated January 26, 2026). 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).
DDH372 reported herein, was drilled on section 551061E with an azimuth of 360 degrees and at an
angle of 50 degrees within the central eastern part of the Jerimum Cima target and was designed to test
the intersection of the main E-W trending mineralized zone and an interpreted NW trending cross fault.
The hole returned
9.5m @ 87.4 gold
from 173.8m depth including
2.9m @ 285.5 g/t gold
from 178.7m
depth in primary (hard) bedrock quartz vein material and appears to be at the intersection of the main E-
W trending mineralized zone at Jerimum Cima and a NW trending cross fault (Figures 2 and 3, Table 1).
The zone intersected in DDH372 is most likely the same zone intersected by previous drill holes to the
east and west. Drillhole CC26 was drilled 30m west of DDH372 and previously returned
45.6m @ 4.5
g/t gold.
Drillhole DDH359 was drilled 80m east of DDH372 and previously returned
9.5m @ 5.74 g/t
gold
including
3.6m @ 13.92 g/t gold
(Figure 2). These holes together suggest the presence of a high-
grade zone extending at least 110m along strike which may form the core of the mineralized system at
Jerimum Cima. The high-grade zone remains open along strike and at depth.
In addition, DDH369 which was drilled 500m further to the east of DDH372 on section 551515E and
reported herein, intersected
6.1m @ 0.55 g/t gold
and
13.9m @ 0.73 g/t gold
(Figure 2, Table 1). This
hole is the most easterly hole so far drilled at Jerimum Cima and is a 150m step out from DDH365 which
recently returned
3.8m @ 10.80 g/t
including
0.5m @ 80.51 g/t
. Gold mineralization remains open to the
east and at depth.
The extremely high gold grades returned from DDH372 and other holes at Jerimum Cima suggest the
presence of a central zone of very high-grade material which appears to be surrounded by lower grade
stockwork mineralization. The high-grade zone appears to be localized at the intersection of E-W and
NW-SE trending structures, and is within a broader mineralized envelope that is up to 200m wide and
extends along strike at least 750m in an E-W sense. Both the broader zone and the central high-grade
zone are open along strike and at depth.
Drilling is in progress and additional drill holes are planned.
Figure 2: Map showing the location of trenches and certain drill holes at the Jerimum Cima target. The
location of diamond drill holes DDH369 and DDH372 are also shown together with previous
significant drill and trench results including CC26 which cut
45.6m @ 4.5 g/t gold
and DDH359 which
returned
9.5m @ 5.7 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/3900/288249_2d7269dcc4661a08_003full.jpg
Figure 3: Cross section showing section 551061E at the Jerimum Cima discovery showing results
from DDH372 which returned
9.5m @ 87.4 g/t gold
including
2.9m @ 285.5 g/t gold
. 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/3900/288249_2d7269dcc4661a08_004full.jpg
Drill Hole #
Weathering
From
To
Thickness
Grade
(m)
(m)
(m)
g/t gold
DDH369
Blanket
20.0
21.0
1.0
0.11
29.2
30.0
0.8
0.38
Intrusive rock
135.0
138.2
3.2
0.13
148.4
154.5
6.1
0.55
164.0
165.0
1.0
0.39
176.8
177.3
0.5
0.83
211.8
225.7
13.9
0.73
211.8
219.3
7.5
1.24
EOH 263.8
DDH372
Saprolite
35.0
37.0
2.0
0.16
Intrusive rock
55.1
57.3
2.2
0.70
105.5
107.7
2.2
0.99
130.9
156.7
25.8
0.60
173.8
183.3
9.5
87.4
incl.
178.7
181.6
2.9
285.5
189.7
196.0
6.3
0.14
234.0
239.0
5.0
0.11
257.8
260.5
2.7
0.26
EOH 270.1
Table 1: Drill results from diamond drill holes DDH369, and DDH372, at the Jerimum Cima
discovery. Both 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
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/288249