Cabral Gold drills 9.5 metres at 87.4 g/t gold at Jerimum Cima in Brazil

The latest drill results from the Cuiú Cuiú gold district point to a potentially significant high-grade core at Jerimum Cima, with mineralization remaining open along strike and at depth.

Cabral Gold has reported a standout new drill result from the Jerimum Cima target within its Cuiú Cuiú Gold District in northern Brazil, including 9.5 metres grading 87.4 g/t gold from 173.8 metres depth, with a higher-grade interval of 2.9 metres at 285.5 g/t gold in hole DDH372. The company said the results represent some of the strongest drilling encountered so far at the project.

The company also reported results from a second hole, DDH369, drilled about 500 metres further east, which returned 6.1 metres at 0.55 g/t gold and 13.9 metres at 0.73 g/t gold. Cabral said the eastern step-out confirms that gold mineralization at Jerimum Cima remains open to the east and at depth.

Jerimum Cima could host a high-grade core

According to Cabral, the new intercept in DDH372 is likely part of the same mineralized zone previously cut by earlier holes that returned 45.6 metres at 4.5 g/t gold and 9.5 metres at 5.74 g/t gold, suggesting the presence of a high-grade central zone that may form the core of the mineralized system at Jerimum Cima. The company said this high-grade zone now appears to extend at least 110 metres along strike and remains open.

Management said the high-grade mineralization appears to be localized at the intersection of east-west and northwest-southeast trending structures, within a broader mineralized envelope that is up to 200 metres wide and extends at least 750 metres in an east-west direction. Cabral added that drilling is continuing, with additional results still pending.

Discovery sits outside the current resource base

Jerimum Cima is located დაახლოებით 3 kilometres east-northeast of the Central gold deposit and 3.5 kilometres northwest of the MG gold deposit at Cuiú Cuiú. Cabral noted that the target is not currently part of the project’s existing resource base, making the latest results potentially important for future resource growth.

The target is defined by a strong gold-in-soil anomaly measuring about 900 metres by 1,000 metres, comparable in scale to anomalies associated with other known deposits and discoveries within the district. Previous trenching at Jerimum Cima also returned oxide gold intercepts including 14 metres at 1.6 g/t gold, 20 metres at 1.2 g/t gold, and 18 metres at 1.9 g/t gold.

Cuiú Cuiú remains Cabral Gold’s flagship asset

Cabral Gold holds a 100% interest in the Cuiú Cuiú gold district, located in the Tapajós region of Pará state in northern Brazil. According to the company, the project currently contains NI 43-101 compliant indicated resources of 450,200 ounces of gold in fresh material and 216,182 ounces in oxide material, plus inferred resources of 455,100 ounces in fresh material and 70,569 ounces in oxide material.

The latest Jerimum Cima results strengthen the view that Cuiú Cuiú may host additional high-grade zones beyond its currently defined resource areas. That interpretation is based on Cabral’s statement that Jerimum Cima lies outside the present resource base and on the scale and grade of the new drill results.