Cabral Gold Inc. (TSXV: CBR) has obtained promising assay results from 11 new trenches excavated along strike and immediately west of the previously drilled Machichie Main zone within the Cuiú Cuiú golddistrict in Brazil.
Highlights are as follows:
- Trench CT0049 returned 96.5m @ 0.6 g/t gold including;
- 7.7m @ 5.8 g/t gold, including 0.5m @ 77.3 g/t gold
- 1.1m @ 5.4 g/t gold, including 0.5m @ 11.6 g/t gold
- Trench CT0045 returned 138m @ 0.5 g/t gold including three distinct higher-grade zones:
- 8m @ 1.5 g/t gold
- 15m @ 1.7 g/t gold
- 2m @ 8.9 g/t gold
- Other notable intercepts include 0.7m @ 11.3 g/t gold in trench CT0040, 1.6m @ 6.6 g/t gold in trench CT0041 and 0.5m @ 10.9 g/t gold in trench CT0047
- All of the Machichie West trenches encountered gold mineralisation in weathered bedrock, and cut multiple mineralized structures within a 500m x 300m area indicating the presence of a large new mineralised area on the western side of the east-trending Machichie Main zone
“These recent trench results are highly significant for three reasons,” President and CEO, Alan Carter, said.
“Firstly, they indicate that the east-trending Machichie Main zone can be traced for at least 350m west of previous drilling, significantly increasing the strike extent, and in particular extending the high-grade zone previously identified in recent trenching. The Machichie Main zone remains open to the west.
“Secondly, and perhaps more importantly, these results suggest the presence of a large new mineralised body in intrusive rocks comprising a swarm or array of numerous gold-bearing quartz veins and veinlets. Trenching suggests that this new zone is northeast-trending parallel to the general trend of the veins. The array extends over an area of at least 500 x 300m, and includes the previously identified Machichie SW veins. This mineralised area remains open in every direction.
“Finally, the trenching programme suggests a significant amount of oxide material has likely resulted from the weathering of this new mineralised zone which should add to the overall inventory of gold-in-oxide mineralisation, which already includes three gold-in-oxide blankets discovered thus far at Cuiú Cuiú”.
Machichie West Trench Results
The Machichie target is located 500m north-west of the MG gold deposit.
Previous drilling at the Machichie Main zone identified a persistent mineralised zone which is east-trending and dips steeply to the north. This main zone consists of a high-grade core zone surrounded by a low-grade alteration envelope which is similar in style to the primary bedrock gold deposits at MG and Central, as well as the recently announced PDM basement discovery.
For further information please visit: https://cabralgold.com/
