Cabral Gold enlarges Central Gold Deposit, Cuiú Cuiú Gold District, Brazil

Cabral Gold Inc. [TSXV: CBR; OTCQX: CBGZF] reported results from five additional diamond drill holes drilled in the Central North target area, immediately to the north of the Central Gold deposit within the Cuiú Cuiú Gold District, Brazil.

Highlights: Reconnaissance diamond drilling along trend and to the north of the existing Central gold deposit at Cuiú Cuiú has returned encouraging results, extending gold mineralization at depth and along strike, including 8.2 metres at 2.50 g/t gold from 149.7 metres depth, including 0.5 metres at 21.27 g/t gold in DDH391

In addition, drilling along the NW extension of the main Central deposit returned broad intervals of gold mineralization, including 10.4 metres at 0.45 g/t gold from 173.0 metres depth in DDH395 and 13.0 metres at 0.41 g/t gold from 96.0 metres depth in DDH397 extending the modeled gold mineralization at depth.

Drilling at the Central North target, located 400 metres NNW of Central, also extended gold mineralization at depth and along strike, intercepting 18.0 metres at 0.72 g/t gold from 145.9 metres depth in DDH400.

These results build on recent drilling at the Mutum target 1km to the north-west which recently returned encouraging results including 20.7 metres at 1.57 g/t gold in DDH387.

Elton Pereira, Cabral’s VP Exploration commented, “The Central – PDM trend within the Cuiú Cuiú district extends for at least 5km and currently hosts two of the six known gold deposits identified to date within the district. The trend contains several excellent targets outside of the known deposits and is a high priority as we seek to build on the existing resource inventory within this part of the district.

“Recent drilling in the Central North area and the nearby Mutum target continue to demonstrate the potential for additional mineralization well beyond the currently defined Central resource. The higher-grade interval in DDH391, together with the results from Central North, provide further evidence that the mineralized system remains open at depth and along strike to the north. Central North sits between the Central deposit and the Mutum target, where we recently reported 20.7 metres at 1.57 g/t gold, highlighting the significant exploration potential across this broader area. These results bode well for the updated resource estimate for the Cuiú Cuiú district which is expected later this year.”

Five diamond drill holes were recently drilled at the northern end of the Central gold deposit (DDH391, DDH395, DDH384) as well as the Central North Target (DDH400 and DDH404) located 400 metres to the NNW of Central. This drilling has extended the northern part of the Central gold deposit both in terms of strike and depth.

The Central gold deposit is one of the two main gold deposits that were modelled as part of the last global resource estimate at Cuiú Cuiú.

Drill holes DDH391, DDH395 and DDH397 were all on the northern end of the Central deposit to test the down dip extension in this area of the deposit. All three holes cut multiple zones of mineralization including 8.2 metres at 2.50 g/t gold from 149.7 metres depth, including 0.5 metres at 21.27 g/t gold in DDH391, 10.4 metres at 0.45 g/t gold from 173.0 metres depth in DDH395 and 13.0 metres at 0.41 g/t gold from 96.0 metres depth in hole DDH397 and extend the main mineralized zone in the northern part of the Central deposit to depth.

The Central North target is located 400 metres north of Central and approximately 1 km SE of the Mutum target where recent drilling returned 20.7 metres at 1.57 g/t gold. Central North is offset from the main NW trend which controls the Central gold deposit. The exact nature of this offset is still unknown but historic holes within the intervening area returned multiple low-grade intercepts including 24 metres at 0.25 g/t gold in DDH127 and 20.3 metres at 0.24 g/t gold in DDH123. DDH123 ended in mineralization at a depth of 492.25 metres with a grade of 0.32 g/t gold.

DDH400 and DDH404 were drilled on the NW end of the Central North body with DDH400 returning 18 metres at 0.72 g/t gold from 145.9 metres depth, confirming the continuation of mineralization at depth. In addition, the hole verifies gold mineralization and structure continue to the NW through an untested area potentially connecting to the Mutum area. Additional drilling is planned to test this target and the potential for continuity with Mutum.

Diamond drilling is currently in progress at Jerimum Cima and Machichie, and the Mutum target. RC drilling is also ongoing at Jerimum Cima and the Machichie Main gold deposit.

Recent progress regarding the exploration drilling program has been slower than expected due to recent drill rig maintenance issues and laboratory turn-around times which have significantly increased in recent weeks. Results are currently pending on 28 diamond drill holes and 69 RC drill holes.

The company is currently working towards a NI 43-101 compliant resource update of all gold-in-oxide and primary gold resources at Cuiu Cuiu by year-end 2026. Mineral resources are currently being updated for the Central, MG, JB, Machichie Main, PDM and Jerimum Cima gold deposits.

Cabral Gold granted 500,000 restricted share units to an officer of the company which vest one year from the date of grant.

The company is a junior gold mining company engaged in the exploration, development and production from 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, northern Brazil. Three main gold deposits have so far been defined at the Cuiú Cuiú Project which contain NI 43-101 compliant Indicated resources of 12.29Mt at 1.14 g/t gold (450,200oz) in fresh basement material and 13.56Mt at 0.50 g/t gold (216,182oz) in oxide material.

The project also contains Inferred resources of 13.63Mt at 1.04 g/t gold (455,100oz) in fresh basement material and 6.4Mt at 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 company recently announced its first gold pour at its Phase 1 gold-in-oxide heap leach mining operation which is based on the NI43-101 PFS technical report and expects to enter commercial gold production during Q4 2026.

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.