Cabral Gold Expands the Gold-in-Oxide Blanket at PDM by 50% and Discovers Two New Zones of Primary Gold Mineralization at the PDM Target, Cuiu Cuiu Gold District
Executive Summary
- Cabral Gold reports significant drill intercepts from 10 RC and 6 diamond holes at the PDM target, expanding the gold‑in‑oxide blanket area by 50% (0.26 km² → 0.39 km²).
- High‑grade zones were intersected, including 6 m @ 2.74 g/t Au (including 1 m @ 13.06 g/t) and multiple near‑surface intervals ≥ 0.5 g/t Au.
- The results add two new NW‑trending primary mineralized zones, now four in total, each open along strike and at depth, supporting a larger resource and ongoing construction financing efforts.
Key Details
- RC0579: 6 m @ 2.74 g/t Au from 9 m depth (incl. 1 m @ 13.06 g/t at 10 m).
- RC0573: 11 m @ 0.88 g/t Au from 26 m depth.
- RC0575: 10 m @ 0.39 g/t Au from surface.
- RC0583: 6 m @ 1.46 g/t Au from 11 m depth (incl. 1 m @ 7.98 g/t).
- DDH334: 9 m @ 0.50 g/t Au from surface + 5 m @ 1.96 g/t Au at 41 m (incl. 1 m @ 9.08 g/t).
- DDH335: 2.75 m @ 3.05 g/t Au from 123.25 m depth.
- DDH337: 12.7 m @ 0.50 g/t Au from 10.3 m depth.
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DDH338: 13 m @ 0.54 g/t Au from surface (incl. 1.4 m @ 3.17 g/t at 7.4 m).
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Resource Implication: Gold‑in‑oxide blanket now covers 0.39 km², a 50 % increase, suggesting a larger oxide resource not yet included in the July 2025 Updated PFS.
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Primary Zones: Two additional NW‑trending zones identified; total primary intrusive zones at PDM increased from two to four, each open north/south and down‑dip.
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Ongoing Work: Drilling continues at Mutum (surface trenches 0.9–1 g/t Au), Machichie Main, and Machichie NE targets. Recent Machichie NE results (2024‑2025) include high‑grade intercepts up to 33 g/t Au.
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Construction Financing: Management emphasizes securing financing for a $37.7 M gold‑in‑oxide starter operation; Updated PFS projects post‑tax IRR 78 % and NPV $73.9 M (gold price $2,500/oz).
Notable Quotes
“These latest drill results … have extended the surface extent of the gold‑in‑oxide blanket by 50 % indicating a significantly larger gold‑in‑oxide resource base… All of these mineralized zones remain open along strike to the north and south and at depth.” – Alan Carter, President & CEO
All technical data were reviewed and approved by Brian Arkell, VP Exploration & Technical Services (Qualified Person under NI 43‑101).