Cabral Gold Mobilizes Drill Rig to Test High-Grade Targets at the Cuiú Cuiú Gold Project
Vancouver, British Columbia – August 20, 2020 – Cabral Gold Inc. (“Cabral” or the “Company”) (TSXV: CBR; OTC: CBGZF) is pleased to announce the mobilization of an RC drill rig to the Cuiú Cuiú project in northern Brazil. Highlights are as follows;
- Cabral is planning a minimum of 25,000m of RC drilling on multiple targets at the Cuiú Cuiú gold project over the coming months
- Drilling will initially focus on the Alonso, Medusa and Cilmar targets located in the eastern part of the project area which have never been drill tested. Surface sampling of boulders at Alonso during February 2020 returned gold values ranging from 11.6 to 200.3 g/t gold and boulders from the Medusa target (which was identified in April 2020) returned gold values of 1.1 to 82.1 g/t gold
- Additional drilling is also planned on several targets outside the existing resource base including the Machichie East and Machichie zones which were identified in 2019 and returned 3.4m @ 36.9 g/t gold, Central SE which has four diamond drill holes to date including 27.0m @ 6.9 g/t gold, and Pau de Merenda which has several drill intercepts including 47.0m @ 1.8 g/t gold
- Drilling is also planned to further assess the high-grade zones at the two existing deposits at Central and MG where drilling during late 2019 returned 7.6m @ 18.5 g/t and 5.6m @ 13.0 g/t gold, in order to better define the core high-grade zones of both deposits
CLICK HERE to read the full news release out of Cabral Gold
