Cabral Gold drills 7 metres at 5.1 g/t gold at Machichie NE Target; extends high-grade zone down-dip at Cuiú Cuiú Gold District, Brazil

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Cabral Gold Inc. [TSXV: CBR; OTCQB: CBGZF] reported drill results from four recently completed diamond drill holes at the Machichie NE target which is located 150 metres NE of the Machichie Main gold discovery and approximately 650 metres NE of the MG gold deposit within the Cuiú Cuiú district, Brazil.

Highlights: Diamond drill hole DDH351 intersected 7 metres at 5.1 g/t gold from 135.7 metres depth in primary intrusive rock below the gold-in-oxide blanket, including 0.9 metres at 19.5 g/t gold and 0.7 metres at 6.2 g/t gold.

This drill hole intercept extends the high-grade mineralized zone at Machichie NE as evidenced by previously released drill holes including 11 metres at 33.0 g/t gold in RC0421, 6 metres at 13.3 g/t gold in RC0449, 5 metres at 24.5 g/t gold in DDH331 and 12 metres at 27.7 g/t gold in RC520 by an additional 50-metres down-dip. The mineralized zone remains open at depth and along strike.

Drill results are pending on the Mutum, Mutum West, and Machichie Main targets, and drilling is currently in progress at the Moreira Gomes gold deposit and Jerimum Cima targets.

Alan Carter, President and CEO, commented, “The Machichie NE target at Cuiú Cuiú is located only 150m NE of the Machichie Main discovery and 650m north of the MG gold deposit. Previous drilling at this target has returned very high-grade results, including 11m at 33.0 g/t gold in RC0421, 6m at 13.3 g/t gold in RC0449, 5m at 24.5 g/t gold in DDH331 and 12m at 27.7 g/t gold in RC520. The results from recent diamond drilling at this target are very significant and indicate that the mineralized zone continues at depth and along strike. The mineralized zone is now known to extend 250m along strike and remains open along strike and down-dip. Additional drilling is planned.”

The Machichie NE target is located approximately 150m north-east of the Machichie Main gold deposit and 650m north of the E-W trending MG gold deposit.

Drilling during 2024 and the first half of 2025 at Machichie NE intersected a previously unknown zone of high-grade gold mineralization within saprolite and the underlying primary rocks. Previous drill results include 11m at 33.0 g/t gold, including 4m at 89.3 g/t gold in RC0421; 6m at 13.3 g/t gold including 1m at 77.5 g/t gold in RC0449; 5m at 24.5 g/t gold, including 2m at 60.5 g/t gold in DDH331 and 12m at 27.7 g/t gold, including 5m at 65.5 g/t gold in RC520.

Gold mineralization has now been intersected along a northwesterly trend of at least 250m at Machichie NE and the mineralized zone remains open at depth and includes a higher-grade quartz breccia in a well-defined structural zone that presently appears to continue through the entire trend.

The objective of the current drill program at Machichie NE is to further define the high-grade zone intersected previously in drilling with the objective of determining the limits to the high-grade mineralized structure.

Results have been returned on four additional diamond drill holes at Machichie NE. DDH351 was drilled on N-S section 553380E and returned 7m at 5.1 g/t gold from 135.7m depth in highly altered intrusive rocks including 0.9m at 19.5 g/t gold and 0.7m at 6.2 g/t gold.

DDH351 was drilled from north to south at 60 degrees and intersected the mineralized zone 110m down-dip of RC422 which previously returned 21m at 1.3 g/t gold, including 3m at 7.5 g/t gold, and RC045, which previously returned 28m at 1.0 g/t gold from surface. RC351 was also drilled between RC449 which intersected 6m at 13.3 g/t gold and DDH331 which returned 5m at 24.5 g/t gold in hard rock at shallower levels. The high-grade mineralized structure at Machichie NE remains open in all directions and at depth and trends NW-SE.

Other notable drill intercepts reported here include 4.8m at 1.52 g/t gold and 2.2m at 1.04 g/t gold in saprolite and 1m at 2.26 g/t gold in intrusive rocks in DDH347 which was drilled to test the north-east extent of the mineralized zone approximately 75m north-west of hole RC520 which previously returned 12m at 27.7 g/t gold.

The mineralized intercepts in DDH347 are almost certainly the north-west extension of the mineralized zone cut in RC520, RC421, RC449 and DDH331. DDH347 is the most north-easterly hole to have cut the mineralized zone at Machichie NE and suggests that the mineralized zone extends at least 250m along strike. The mineralized zone remains open to the north-west and to the south-east.

DDH341 was drilled off trend 300m NE of DDH347 to test a peripheral anomaly and cut a narrow interval of low-grade mineralization, 4m at 0.5 g/t gold in saprolite. DDH349 was similarly drilled off trend 50m to the north and cut 4m at 0.5 g/t gold in saprolite.

Drill results are pending on two additional diamond drill holes at Machichie NE as well as three diamond drill holes in the Machichie Main area. At the previously untested Mutum target and the new West Mutum target, results are pending on 17 RC holes. Diamond drilling with two rigs is currently in progress at the Jerimum Cima target and RC drilling with 1 rig is currently in progress at the Moreira Gomes gold deposit.

Cabral Gold has 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, 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.


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