Hello Everyone We have some stunning drill results out today from the Machichie NE target at our Cuiú Cuiú property in Brazil. Here are Alan’s thoughts. 1. RC520 returned 22m @ 15.9 g/t gold from 42.0m depth in saprolite and weathered and altered bedrock. The interval includes 12m @ 27.7 g/t gold and within that we have 5m @ 65.5 g/t gold 2. This is the same bonanza zone that we discovered in 2024 at Machichie NE which appears to extend at least 200m along strike and is still open to the east, west and down-dip. Previous results from this zone include; - 11m @ 33.0 g/t gold including 4m @ 89.3 g/t gold in RC0421
- 6m @ 13.3 g/t gold including 1m @ 77.5 g/t gold in RC0449
- 5m @ 24.5 g/t gold including 2m @ 60.5 g/t gold in DDH331
3. The significance of yet another bonanza drill result at Machichie NE should not be under-estimated. If anyone thought the previous holes were some sort of a fluke then they should now realize that this is an extraordinary zone of high-grade gold mineralization outside of the known resources, and in all likelihood, it is not unique 4. We have a number of targets at Cuiu Cuiu with bonanza gold grades in drill holes, trenches and boulder fields which we have not worked on for a while but require further work. Check out my favorite slide (15) of the entire Cabral corporate deck. For example; - Tracaja – boulder field currently of unknown origin where samples from boulders average 74.9 g/t gold
- Medusa – boulder field currently of unknown origin where samples from boulders average 24.7g/t gold
- Quebra Bunda – outcropping vein 400m NE of Machichie NE which averages 3727 g/t gold (no that is NOT a typo!)
- Alonso – boulder field currently of unknown origin where samples from boulders average 91.7 g/t gold
- Geraldo – outcropping veins returned gold values from 4.4 to 103.2 g/t gold
- JN – outcropping zone of vein mineralization where a surface trench averaged 5.3m @ 24 g/t gold
- Germano – grab samples from outcropping veins ranged 8.1 to 264 g/t gold
5. Whilst we are currently on updating the PFS in our gold-in-oxide starter operation, as most of you know, the big prize at Cuiu Cuiu is on the exploration upside and growing the global resource base. With this in mind we are going to continue to aggressively drill those exploration targets which we believe could represent as yet unrecognized gold deposits. Look out for a lot more drill results in future weeks |