Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil
Cabral Gold Drills 49m @ 2.0 g/t Gold at the
Jerimum Cima Target, Cuiú Cuiú Gold District,
Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) -
Cabral Gold Inc. (TSXV: CBR) (OTC
Pink: CBGZF) ("Cabral" or the
"
Company")
is pleased to announce drill results from 11 RC drill
holes and one trench recently completed at the Jerimum Cima target within the district-scale Cuiú Cuiú
gold project.
Highlights
Drill hole RC0561 Intersected
49m @ 2.0 g/t gold
from 7m depth in saprolite Including
1m @ 8.1
g/t gold
from 7m depth,
1m @ 57.0 g/t gold
from 21m depth and
1m @ 7.1 g/t gold
from 35m
depth
Multiple zones of lower grade gold mineralization were also intersected within near-surface
saprolite material at Jerimum Cima, including;
7m @ 0.62 g/t gold
from 24m depth and
11m @ 0.76 g/t gold
from 36m depth in saprolite
in RC537
6m @ 0.94 g/t gold
from 73m depth in saprolite in RC555
3m @ 1.74 g/t gold
from 46m depth in saprolite in RC557
Trench CT055 was developed on the same section as RC0561 and returned 66m @ 0.29 g/t gold
including
25m @ 0.40 g/t gold and 17.5m @ 0.40 g/t gold
on surface
These results, together with previous reconnaissance drilling and trenching, continue to indicate
the presence of a fifth gold-in-oxide blanket at Cuiú Cuiú which could potentially add to the existing
Indicated and Inferred resources of gold-in-oxide material so far identified at the MG, Central,
Machichie Main and PDM gold deposits
Previous reconnaissance drilling at Jerimum Cima returned
39m @ 5.1 g/t gold
. Surface
trenching returned gold values of
18m @ 1.9 g/t gold, 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
in weathered gold-in-oxide blanket and saprolite
material
Alan Carter, Cabral's President and CEO commented, "These latest drill and surface trench results
from the Jerimum Cima target not only confirm the presence of a fifth gold-in-oxide blanket Cuiú Cuiú
within the gold district, it is also increasingly clear that a significant zone of gold mineralization occurs
within the underlying intrusive rocks. The mineralized zone remains open to the east and west and at
depth and appears to extend E-W over at least 400m. The excellent near-surface gold grades
returned from RC561 are thus important for two reasons. Firstly, they auger well for the potential to add
to the current gold-in-oxide resource base within the project area and possibly extend the mine life
and/or increase annual production of the Phase 1 starter operation. Secondly and perhaps more
importantly, these results together with previous drilling and trench results suggest the presence of an
underlying primary zone of gold mineralization in intrusive rocks below the weathered gold-in-oxide
cap. Additional drilling is planned to determine the size of the mineralized zone at Jerimum Cima."
Jerimum Cima Drill and Trench Results
The Jerimum Cima target is located 3km 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 +100ppb gold
covering an area of 900m 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.
Figure 1: Map showing location of known gold deposits at Central, MG, and JB. The location of gold-
in-oxide blankets at PDM and Machichie, and the high grade Machichie NE discovery are also
shown. The Jerimum Cima target is located approximately 3km ENE of the Central gold deposit and
3.5km NW of the MG gold deposit. 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/3900/252895_dc7a132774d088cd_002full.jpg
Previous reconnaissance drilling at Jerimum Cima returned
39m @ 5.1 g/t gold
in primary intrusive
rock material. 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
(Figure 2). In addition, surface trench values of
18m @ 1.9 g/t gold
have also been
recently reported (see press release dated November 14, 2024).
Results were received on 11 additional and recently completed RC holes at Jerimum Cima.
All of the
holes were completed on three NW-SE sections and were drilled to the north-west. The objective was to
determine the extent of the mineralization previously identified in previous trenches and drill holes.
Drill hole RC0561 was drilled on section 9345875N (approximately 100m east of trench CT050) and
intersected
49m @ 2.0 g/t gold
from 7m depth in saprolite Including
1m @ 8.1 g/t gold
from 7m depth,
1m @ 57.0 g/t gold
from 21m depth and
1m @ 7.1 g/t gold
from 35m depth. This is almost certainly
the same mineralized zone as that intersected in trench CT050. Similarly, drill hole RC0537, which was
drilled between trench CT050 and hole RC561, also appears to have cut the mineralized zone, and
returned
7m @ 0.62 g/t gold
from 24m depth and
11m @ 0.76 g/t gold
from 36m depth in saprolite in
RC537 (Figures 2 and 3, Table 1).
Trench CT055 was developed on the same section as RC0561 and returned 66m @ 0.29 g/t gold
including
25m @ 0.40 g/t gold and 17.5m @ 0.40 g/t gold
on surface and also appears to have cut the
same mineralized zone.
These recent results suggest the presence of a mineralized zone which is trending approximately E-W. It
is considered very likely that this mineralized zone is the same as that intersected in diamond drill hole
CC26 which returned
39m @ 5.1 g/t gold
as well as trenches CH120 which returned
24m @ 1.67 g/t
gold
, CH020 which returned
14.4m @ 1.64 g/t gold,
and CH096 which returned
20m @ 1.15 g/t gold
.
This suggests the presence of an E-W trending mineralized zone with a strike length of at least 400m
which is open along to the west and west and at depth (Figure 2).
Whilst additional trenching and drilling is needed at Jerimum Cima in order to define a maiden resource,
management remains confident that Jerimum Cima represents a fifth zone of substantial gold-in-oxide
mineralization within the Cuiu Cuiu district, that overlies a significant zone of E-W trending primary gold
mineralization in the underlying intrusive rocks. This is likely to have a number of positive implications,
particularly on resource growth, as well as potential additions to the reserve base for the Phase 1 gold-
in-oxide starter operation.
Figure 2: Map showing the Jerimum Cima target with historic RC and diamond drill holes and
trenches. Recently completed drill holes RC holes are also shown including RC561 which returned
49m @ 2.0 g/t gold Including 1m @ 8.1 g/t gold and 1m @ 57.0 g/t gold and 1m @ 7.1 g/t gold.
Terms: g/t = grams / tonne, m = metres, Au = gold
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/252895_dc7a132774d088cd_003full.jpg
Figure 3: Section 9345875N (or A-A' on Figure 2) through the Jerimum Cima target showing RC holes
RC555, RC557, RC559, RC561 and RC563. RC561returned 49m @ 2.0 g/t gold Including 1m @ 8.1
g/t gold and 1m @ 57.0 g/t gold and 1m @ 7.1 g/t gold. Results from trench CT055 are also shown
and include 25m @ 0.40 g/t gold and 17.5m @ 0.40 g/t gold.
Terms: g/t = grams / tonne, m = metres, Au = gold
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/252895_dc7a132774d088cd_004full.jpg
Drill
Weathering
From
To
Thickness
Grade
Hole #
m
m
m
g/t gold
RC0535
Blanket
0.00
13.00
13.00
0.25
incl.
1.00
2.00
1.00
1.28
EOH
82.0
RC0537
Saprolite
0.00
2.00
2.00
0.32
16.00
18.00
2.00
0.38
24.00
31.00
7.00
0.62
incl.
28.00
31.00
3.00
1.27
36.00
47.00
11.00
0.76
incl.
45.00
46.00
1.00
5.71
57.00
59.00
2.00
0.54
81.00
86.00
5.00
0.26
EOH
EOH
88.0
RC0539
Blanket
3.00
9.00
6.00
0.32
Saprolite
incl.
7.00
8.00
1.00
1.15
59.00
60.00
1.00
0.38
87.00
88.00
1.00
0.22
92.00
96.00
4.00
0.14
EOH
96.0
RC0553
Saprolite
31.00
33.00
2.00
0.84
35.00
40.00
5.00
0.29
Fresh Rock
57.00
62.00
5.00
0.33
66.00
75.00
9.00
0.32
EOH
76.0
RC0549
Saprolite
16.00
20.00
4.00
0.38
46.00
47.00
1.00
0.68
EOH
47.5
RC0551
Saprolite
13.00
14.00
1.00
0.85
18.00
23.00
5.00
0.42
39.00
48.00
9.00
0.40
EOH
48.0
RC0555
Saprolite
67.00
68.00
1.00
0.63
73.00
79.00
6.00
0.94
EOH
90.0
RC0557
Saprolite
46.00
49.00
3.00
1.74
EOH
79.0
EOH
79.00
RC0559
Saprolite
0.00
1.00
1.00
0.21
9.00
13.00
4.00
0.16
15.00
16.00
1.00
0.32
18.00
20.00
2.00
1.16
27.00
31.00
4.00
0.50
36.00
40.00
4.00
0.51
54.00
60.00
6.00
0.37
64.00
68.00
4.00
0.17
72.00
90.00
18.00
0.42
EOH
90.0
RC0561
Saprolite
7.00
18.00
11.00
1.24
incl.
7.00
8.00
1.00
8.10
21.00
28.00
7.00
9.53
incl.
22.00
23.00
1.00
57.00
30.00
39.00
9.00
1.22
incl.
35.00
36.00
1.00
7.13
42.00
50.00
8.00
0.28
67.00
68.00
1.00
0.55
73.00
74.00
1.00
0.31
Fresh Rock
78.00
79.00
1.00
0.64
EOH
83.5
RC0563
Saprolite
0.00
1.00
1.00
0.23
13.00
14.00
1.00
0.21
23.00
24.00
1.00
1.08
31.00
33.00
2.00
0.51
38.00
40.00
2.00
0.22
51.00
52.00
1.00
1.01
EOH
74.0
Table 1: Drill results from RC drill holes RC535, RC537, RC539, RC553, RC549, RC551, RC555,
RC557, RC559 RC561 and RC563 all drilled at the Jerimum Cima target
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 11.11Mt @ 0.48 g/t gold (171,883oz) in oxide material. The
project also contains Inferred resources of 13.63Mt @ 1.04 g/t gold (455,100oz) in fresh basement
material and 12.22Mt @ 0.39 g/t gold (151,608oz) in oxide material. The resource estimate for the
primary material is based on the NI 43-101 technical report dated 12
th
October 2022.The resource
estimate for the oxide material is based on an NI 43-101 compliant estimate released on 21
st
October
2024 with an NI 43-101 compliant technical report expected to be filed within 45 days of the release
date.
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
gold 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/252895