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Mineralization at Brazil Project Likely Larger than Envisaged




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Mineralization at Brazil Project Likely Larger than Envisaged <>


The auger results, Cabral's president and CEO Alan Carter said, "are very compelling and strongly suggest the presence of a significantly larger area of gold mineralization than is suggested by the current resource at Central."

Split samples were taken at the target from the top few meters of the saprolite, or weathered bedrock, which deep soil covers in some areas and an alluvial sequence shields in others, potentially masking underlying gold.

Geochemical analysis of these samples revealed a mineralized corridor that extends 4-plus km from northwest to southeast, "essentially connecting" the Central deposit and the Pau de Merenda target, and is open along strike, the news release noted. "Results are currently pending on a series of trenches testing parts of this mineralized corridor where artisanal working have exposed the top of the saprolite below the cover sequence."

Individual samples returned gold grades as high as 18.7 grams per ton. Gold counts exceeded 100 per local sample, according to the news release.

Testing of smaller split samples suggested the presence of a narrower anomalous zone and supported the 4-plus km long trend, the company noted. Cabral will continue evaluating new prospects, prioritizing drill targets and expanding the current resource. Further trenching and channel sampling are in progress.

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1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.

2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Cabral Gold. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Cabral Gold. Please click here for more information.

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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Cabral Gold, a company mentioned in this article.


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Mineralization at Brazil Project Likely Larger than Envisaged

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