STOCK TITAN

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

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Cabral Gold (OTCQB: CBGZF) announced significant drilling results from its PDM target in the Cuiu Cuiu Gold District. The company has expanded the gold-in-oxide blanket by 50% from 0.26 km² to 0.39 km² and discovered two new zones of primary gold mineralization.

Key drilling highlights include 6m @ 2.74 g/t gold from 9m depth (including 1m @ 13.06 g/t gold) in hole RC0579, and multiple zones of lower-grade gold mineralization in near-surface saprolite material. The drilling program has identified four NW-trending mineralized zones that remain open along strike to the north and south.

The company is progressing with securing construction financing for its gold-in-oxide starter operation, which has a construction capex of US$37.7M, post-tax IRR of 78%, and NPV of US$73.9M, with a 10-month payback period based on US$2,500/oz gold price.

Cabral Gold (OTCQB: CBGZF) ha annunciato risultati significativi di perforazione dal suo obiettivo PDM nel Distretto Aurifero di Cuiu Cuiu. L'azienda ha esteso la copertura di oro-in-ossidazione del 50% da 0,26 km² a 0,39 km² e ha scoperto due nuove zone di mineralizzazione primaria dell'oro.

Tra i principali risultati di perforazione figurano 6 m a 2,74 g/t di oro a partire da una profondità di 9 m (incluse 1 m a 13,06 g/t di oro) nel pozzo RC0579, e multiple zone di mineralizzazione aurea di grado inferiore nel materiale saprolitico superficiale. Il programma di perforazione ha identificato quattro zone mineralizzate orientate NW che rimangono aperte lungo la linea di faglia verso nord e sud.

L'azienda sta proseguendo per assicurare il finanziamento per la costruzione della sua operazione iniziale di oro-in-ossidazione, che ha un CAPEX di costruzione di US$37,7 milioni, un IRR post-tasse del 78% e un NPV di US$73,9 milioni, con un periodo di rimborso di 10 mesi basato su un prezzo dell'oro di US$2.500/oz.

Cabral Gold (OTCQB: CBGZF) anunció resultados significativos de perforación en su objetivo PDM en el Distrito Dorado de Cuiu Cuiu. La empresa ha ampliado la cobertura de oro-óxido en un 50% de 0,26 km² a 0,39 km² y descubierto dos nuevas zonas de mineralización primaria de oro.

Los aspectos clave de perforación incluyen 6 m a 2,74 g/t de oro desde una profundidad de 9 m (incluye 1 m a 13,06 g/t de oro) en el agujero RC0579, y múltiples zonas de mineralización de oro de grado más bajo en material saprolítico superficial. El programa de perforación ha identificado cuatro zonas mineralizadas con tendencia NW que permanecen abiertas a lo largo del strike hacia el norte y el sur.

La empresa avanza para asegurar el financiamiento de construcción para su operación inicial de oro en óxido, que tiene un CAPEX de construcción de US$37,7 millones, una TIR post-impuestos del 78% y un VAN de US$73,9 millones, con un periodo de recuperación de 10 meses basado en un precio del oro de US$2.500/oz.

Cabral Gold (OTCQB: CBGZF)이 Cuiu Cuiu 골드 디스트릭트의 PDM 표적에서 중요한 드릴링 결과를 발표했습니다. 회사는 황금-산화층 커버를 50% 확장하여 0.26 km²에서 0.39 km²로 늘렸고 새로운 두 개의 1차 황금 광화 영역을 발견했습니다.

주요 시추 하이라이트로는 RC0579 구멍에서 깊이 9m부터 6m @ 2.74 g/t의 금 (포함 1m @ 13.06 g/t의 금) 이며, 지표면에 가까운 사프로라이트 물질에서 저등급 금 광화가 다수 존재합니다. 시추 프로그램은 북서 방향으로 트렌드하는 4개의 광맥화 영역을 확인했으며 북쪽과 남쪽으로 주 스트라이크를 따라 열려 있습니다.

회사는 산화 금 시작 운영을 위한 건설 자금을 확보하는 데 진행 중이며, 이 프로젝트의 건설 CAPEX는 미화 3,770만 달러, 세후 IRR 78%, NPV 7,390만 달러, 금 가격 US$2,500/온스를 기준으로 10개월의 회수 기간을 가집니다.

Cabral Gold (OTCQB: CBGZF) a annoncé des résultats significatifs de forage sur sa cible PDM dans le district aurifère de Cuiu Cuiu. L'entreprise a porté la couverture d'or oxydé de 50% de 0,26 km² à 0,39 km² et a découvert deux nouvelles zones de minéralisation primaire de l'or.

Les points forts du forage incluent 6 m à 2,74 g/t d'or à partir d'une profondeur de 9 m (dont 1 m à 13,06 g/t d'or) dans le forage RC0579, et plusieurs zones de minéralisation d'or de grade inférieur dans le matériel saprolitique en surface. Le programme de forage a identifié quatre zones minéralisées orientées NW qui restent ouvertes le long du strike au nord et au sud.

L'entreprise progresse pour sécuriser le financement de construction de son opération pilote en or oxydé, qui présente un CAPEX de construction de 37,7 millions USD, un TRI après impôt de 78% et une VAN de 73,9 millions USD, avec une période de remboursement de 10 mois sur la base d'un prix de l'or de 2 500 USD/l'once.

Cabral Gold (OTCQB: CBGZF) gab signifikante Bohrungsergebnisse aus dem PDM-Ziel im Cuiu Cuiu Gold District bekannt. Das Unternehmen hat den Goldoxid-Gehalt um 50 % erweitert von 0,26 km² auf 0,39 km² und zwei neue Zonen primärer Goldmineralisierung entdeckt.

Zu den wichtigsten Bohr-Highlights gehört 6 m bei 2,74 g/t Gold ab einer Tiefe von 9 m (einschließlich 1 m bei 13,06 g/t Gold) im Loch RC0579, sowie mehrere Zonen niedrigerer Goldmineralisierung im oberflächennahen Saprolit-Gestein. Das Bohrprogramm hat vier NW-gerichtete mineralisierte Zonen identifiziert, die entlang des Ausdehnungsschlages nach Norden und Süden offen bleiben.

Das Unternehmen arbeitet daran, die Baufinanzierung für den Gold-Startbetrieb in oxidiertem Zustand zu sichern, der Baukosten von US$37,7 Mio. hat, eine nachsteuerliche IRR von 78% und einen NPV von US$73,9 Mio., mit einer Amortisationsdauer von 10 Monaten basierend auf einem Goldpreis von US$2.500/oz.

Cabral Gold (OTCQB: CBGZF) أعلنت عن نتائج حفر مهمة من هدفها PDM في منطقة Cuiu Cuiu الذهبية. قامت الشركة بتوسيع غطاء الذهب المؤكسد بنسبة 50% من 0.26 كم² إلى 0.39 كم² واكتشفت منطقتين جديدتين لتمييع الذهب الأساسي.

تشمل أبرز نتائج الحفر 6 أمتار عند 2.74 ج/طن من الذهب من عمق 9 أمتار (بما في ذلك 1 م عند 13.06 ج/طن من الذهب) في بئر RC0579، ومتعددة مناطق التعدين ذات الدرجة الأقل من الذهب في المواد saprolite القريبة من السطح. حدد برنامج الحفر أربع مناطق mineralized ذات اتجاه NW تظل مفتوحة على طول strike نحو الشمال والجنوب.

تتقدم الشركة بتأمين تمويل البناء لعملياتها البداية للذهب المؤكسد، التي لديها Capex للبناء قدره 37.7 مليون دولار، ونسبة IRR بعد-الضريبة 78%، وNPV قدره 73.9 مليون دولار، مع فترة استرداد مدتها 10 أشهر اعتماداً على سعر الذهب 2,500 دولار/أونصة.

Cabral Gold(OTCQB:CBGZF)宣布了其在 Cuiu Cuiu 金区的 PDM 目标的重大钻探结果。公司将含金氧化层扩展了 50%,从 0.26 平方公里扩大到 0.39 平方公里,并发现了两处新的初级金矿化区。

钻探要点包括 6 m @ 2.74 g/t 金,起始深度为 9 m(包括 1 m @ 13.06 g/t 金)在 RC0579 孔中,以及近地表風化带中的多处低品位金矿化区。钻探计划已确定四个 NW 向矿化区,沿走向向北和向南仍然开放。

公司正在推进为其金氧化起始运营筹集建设资金,该项目的建筑资本支出为 US$37.7M,税后 IRR 为 78%,NPV 为 US$73.9M,基于金价 US$2,500/盎司 的情形,回本期为 10 个月。

Positive
  • Gold-in-oxide blanket expanded by 50% to 0.39 km²
  • Discovery of two new zones of primary gold mineralization
  • Strong drill results including 6m @ 2.74 g/t gold
  • Project economics show 78% IRR and US$73.9M NPV
  • Low AISC of $1,210/oz gold
  • Quick payback period of 10 months
Negative
  • Construction financing not yet secured for US$37.7M capex requirement

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF("Cabral" or the "Company") is pleased to announce drill results from 10 RC drill holes and 6 diamond drill holes recently completed at the PDM target located 2.5km NW of the Central gold deposit and within the Cuiu Cuiu district.

Highlights

  • Drill hole RC0579 Intersected 6m @ 2.74 g/t gold from 9m depth in saprolite Including 1m @ 13.06 g/t gold from 10m depth
  • Multiple zones of lower grade gold mineralization were also intersected within near-surface saprolite material at PDM, including;
    • 11m @ 0.88 g/t gold from 26m depth in saprolite in RC0573
    • 10m @ 0.39 g/t gold from surface in saprolite in RC575
    • 6m @ 1.46 g/t gold from 11m depth in saprolite including 1m @ 7.98 g/t gold in RC583
    • 9m @ 0.50 g/t gold from surface plus 5m @ 1.96 g/t gold from 41m depth including 1m @ 9.08 g/t gold in DDH334
    • 2.75m @ 3.05 g/t gold from 123.25m depth in saprolite in DDH335
    • 12.7m @ 0.50 g/t gold from 10.3m depth in saprolite in DDH337
    • 13m @ 0.54 g/t gold from surface in blanket sediments including 1.4m @ 3.17 g/t gold from 7.4m depth in DDH338
  • Recent drilling at the PDM target has now expanded the surface area of the gold-in-oxide mineralized blanket by 50% from 0.26 km² to 0.39 km² which is expected to have positive implications for the existing gold-in-oxide resource base at PDM
  • Drilling in the primary mineralization below the gold-in-oxide blanket has also added 2 new zones of mineralization which are NW-SE trending, are parallel to the existing mineralized zones, extend at least 600m along strike and are open to the north and south

Alan Carter, Cabral's President and CEO commented, "These latest drill results from the PDM target at Cuiú Cuiú have extended the surface extent of the gold-in-oxide blanket by 50% indicating a significantly larger gold-in-oxide resource base. This is important given that the existing resource base at PDM was not included in the recently released updated PFS study for the gold-in-oxide starter operation. Of greater importance, however, is the fact that additional drilling has increased the number of NW trending primary mineralized zones in the underlying intrusive rocks at PDM, from two to four. All of these mineralized zones remain open along strike to the north and south and at depth. Drilling is currently in progress at the previously untested Mutum target where surface trenches average 0.9 to 1g/t gold in quartz vein stockwork mineralization in altered intrusive rocks. Drilling is also currently in progress at the Machichie and Machichie NE targets."

PDM Drill Results

The PDM (Pau de Merenda) target is located 2.5km northwest of the Central gold deposit at Cuiú Cuiú (Figure 1) within a prominent northwest-trending +100ppb gold-in-soil anomaly, which has been traced for more than 5km along strike, and remains open. The Central gold deposit, as well as the Central SE, Central North, PDM and Mutum targets all lie within this trend.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/3900/267939_61055d51b45fcb15_002.jpg

Figure 1 Map showing location of PDM discovery and primary gold deposits with 43-101 compliant Indicated and Inferred resources at Central, MG, and JB. The PDM, Machichie Main, Machicie NE and Jerimum Cima gold discoveries are also shown - all of these discoveries have along strike continuity. 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/3900/267939_61055d51b45fcb15_002full.jpg

The objective of the current drill program at PDM is to add ounces to both the current gold-in-oxide resource base, and to calculate a maiden resource for the mineralized zones in the underlying primary intrusive rocks.

Previous results from initial diamond-drill holes in granitic basement rocks below the gold-in-oxide blanket at PDM include; 22.4m @ 4.8 g/t, including: 1.35m @ 62.0 g/t gold, and 11.9m @ 3.3 g/t gold, including 0.5m @ 16.1 g/t gold, and 1.2m @ 16.0 g/t gold in DDH239; and 18.0m @ 2.5 g/t gold from 92.0m, including 3.0m @ 10.5 g/t gold, in DDH275. (see press releases dated December 15, 2021, January 12, 2022 and April 28, 2022). These higher grade intercepts occur within brecciated structural zones and mostly remain open at depth as well as along strike.

Results were recently received on 10 additional RC holes and 6 diamond drill holes at PDM (Figure 2). All of the holes were completed on three NE-SW sections and were drilled to the north-east. RC holes RC0573 to RC0576 and diamond drill hole DDH340 were all drilled on section 9347060N. Results are pending on two additional drill holes, DDH342 and DDH344 on this section.

Diamond drill holes DDH334 to DDH338 were all drilled on section 9346906N, 200m to the south. Of these holes, DDH334 returned 9m @ 0.50 g/t gold from surface plus 5m @ 1.96 g/t gold from 41m depth including 1m @ 9.08 g/t gold.

These drill results suggest the presence of two additional NW trending mineralized zones that are parallel to the two existing mineralized zones known in the primary intrusive rocks at PDM. Of particular significance, is the result from RC0579 which was drilled on section 9346780N and is one of the most southerly holes drilled at PDM. It returned 6m @ 2.74 g/t gold from surface including 1m @ 13.06 g/t gold from 10m depth. The mineralized zone intersected at the top of this hole is interpreted to be the most southerly extension of one of the main mineralized zones at PDM and extends mineralization 150m further south. All of the mineralized zones remain open to the south and the north.

These recent results suggest the presence of a significantly larger gold-in-oxide mineralized blanket zone which can now be traced over blanket 0.39 km² and includes the Mutum area to the south-east where previous trenching returned gold values including 32m @ 1g/t gold, 25.5m @ 0.9g/t gold and 16.5m @ 0.9g/t gold. This represents a 50% increase on the previous area of the gold -in-oxide blanket at PDM which previously extended over 0.26 km². The blanket area remains open to the north. Reconnaissance RC drilling at the previously untested Mutum target is currently in progress.

Results are pending on two additional diamond drill holes at PDM (DDH342 and DDH344). Drilling is currently in progress with three rigs turning at the Mutum target as well as the Machichie Main and Machichie NE targets. Drilling during recent months at the Machichie NE target returned 12m @ 27.7 g/t incl. 5m @ 65.5 g/t gold, 11m @ 33.0 g/t incl. 4m @ 89.3 g/t gold, 6m @ 13.3 g/t incl. 1m @ 77.5 g/t gold and 5m @ 24.5 g/t incl. 2m @ 60.5 g/t gold (see press releases dated May 30, 2024, July 25, 2024, October 28, 2024 and April 3,2025).

Cannot view this image? Visit: https://images.newsfilecorp.com/files/3900/267939_61055d51b45fcb15_003.jpg

Figure 2: Map showing the PDM target with recent drill results and selected previous results.
Terms: g/t = grams / tonne, m = metres, Au = gold

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3900/267939_61055d51b45fcb15_003full.jpg

Drill
Hole #
Weathering

From
To (m)
(m)
Thickness
(m)
Grade
g/t gold
RC0573Blanket
0.0010.0010.000.17

Saprolite
10.0015.005.000.12



26.0037.0011.000.88


EOH 77.50



RC0574Blanket
0.009.009.000.45


Incl.7.009.002.001.06

Saprolite
9.0012.003.000.54



23.0024.001.000.53


EOH 77.00



RC0575Blanket
0.0010.0010.000.39


Incl.7.009.002.000.93

Saprolite
10.0016.006.000.24


EOH 76.00



RC0576Blanket
0.0010.0010.000.29

Saprolite
10.0012.002.000.13



23.0024.001.000.59



26.0027.001.000.35


EOH 73.00



RC0579Blanket
0.009.009.000.22

Saprolite
9.0015.006.002.74


Incl.10.0011.001.0013.06



19.0020.001.000.71


EOH 82.00



RC0580Blanket
0.006.006.000.14

Saprolite
6.009.003.000.44



21.0022.001.003.80


EOH 62.00



RC0582Blanket
1.004.003.000.43


EOH 74.00



RC0583Blanket
0.004.004.000.24

Saprolite
11.0017.006.001.46


Incl.11.0012.001.007.98



28.0029.001.000.84



41.0042.001.000.39


EOH 62.00



RC0584Blanket
0.004.004.000.44


EOH 73.00



RC0585Blanket
0.0010.0010.000.19

Saprolite
19.0020.001.000.65


EOH 61.00



DDH334Blanket
0.009.009.000.50

Saprolite
21.0025.004.000.45



26.5030.504.001.17



41.0046.005.001.96


Incl.41.0042.001.009.08



49.0050.001.000.42


EOH 78.00



DDH335Blanket
0.0011.0011.000.28

Fresh Rock
104.70105.701.000.46



123.25126.002.753.05


EOH 152.90



DDH336Blanket
0.006.106.100.34

Saprolite
6.108.001.900.23



22.0032.0010.000.29



38.0039.001.000.36


EOH 136.60



DDH337Blanket
0.0010.3010.300.23

Saprolite
10.3023.0012.700.50



42.0042.500.500.53

Fresh Rock
89.5090.651.150.37


EOH 127.75EOH127.75

DDH338Blanket
0.0013.0013.000.54



7.408.801.403.17

Fresh Rock
75.9089.0013.100.16


Incl.82.7083.200.502.06



111.55114.002.450.83


EOH 228.85



DDH339Blanket
2.904.351.450.31

Saprolite
75.0076.001.000.89


EOH 147.4



DDH340Blanket
0.0015.0015.000.22

Saprolite
27.0029.002.001.01



45.0047.002.000.33



78.0080.152.150.27


EOH 153.3



 

Table 1: Drill results from RC drill holes RC573 to RC576, RC579, RC580, RC582 to RC585
and diamond drill holes DDH334 to DDH340 at the PDM target

Update on Construction Financing

Management continues to focus on securing the necessary construction financing for its gold-in-oxide starter operation at Cuiú Cuiú aimed at leaching the near surface mineralized saprolite and soil material. As per the Updated PFS study of July 29, 2025, the construction capex is US$37.7M and the post-tax IRR is 78% with an NPV of US$73.9M with a payback of 10 months based on the base case gold price of US$2,500 per oz. The All-in sustaining costs (AISC) are $1,210 / oz of gold produced.

In parallel with our work on securing the construction financing, we are continuing our work on completing the detailed engineering for the project. At the same time, we are building out our construction and operating team under Luiz Celaro, our recently appointed Construction Manager.

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 13.56Mt @ 0.50 g/t gold (216,182oz) in oxide material. The project also contains Inferred resources of 13.63Mt @ 1.04 g/t gold (455,100oz) in fresh basement material and 6.4Mt @ 0.34 g/t gold (70,569oz) in oxide material. The resource estimate for the primary material is based on the NI 43-101 technical report dated October 12, 2022. The resource estimate for the oxide material at PDM and MG is based on a NI 43-101 technical report dated October 21, 2024. The resource estimate for the oxide material at Central and Machichie is based on a NI43-101 technical report ("Updated PFS") dated July 29, 2025.

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 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/267939

FAQ

What are the latest drilling results from Cabral Gold's (CBGZF) PDM target?

Key results include 6m @ 2.74 g/t gold from 9m depth, including 1m @ 13.06 g/t gold in hole RC0579, along with multiple zones of lower-grade gold mineralization in near-surface saprolite material.

How much has Cabral Gold expanded its PDM gold-in-oxide blanket?

Cabral Gold has expanded the gold-in-oxide blanket by 50%, increasing from 0.26 km² to 0.39 km².

What are the economic metrics for Cabral Gold's oxide starter operation?

The project has a construction capex of US$37.7M, 78% post-tax IRR, US$73.9M NPV, and 10-month payback period, with AISC of $1,210/oz based on US$2,500/oz gold price.

Where is the PDM target located within Cabral Gold's property?

The PDM target is located 2.5km northwest of the Central gold deposit at Cuiú Cuiú, within a prominent northwest-trending gold-in-soil anomaly traced for more than 5km along strike.

What is the current status of Cabral Gold's drilling program?

Drilling is currently in progress with three rigs operating at the Mutum target and the Machichie Main and Machichie NE targets, with results pending from two additional diamond drill holes at PDM.
Cabral Gold

OTC:CBGZF

CBGZF Rankings

CBGZF Latest News

CBGZF Stock Data

91.50M
257.97M
6.37%
19.79%
Gold
Basic Materials
Link
Canada
Vancouver