Cabral Gold drills 10.2 metres of 8.7 g/t gold, including 1.3 metres of 62.5 g/t gold at Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil

Cabral Gold Inc. [TSXV: CBR; OTCQX: CBGZF] reported results from two additional diamond drill holes at the Jerimum Cima target and four diamond drill holes at the MG gold deposit within the Cuiú Cuiú Gold District, Brazil.

Highlights: Recent drilling at the Jerimum Cima target, located 3km ENE of the Central gold deposit and 3.5km NW of the MG gold deposit at Cuiú Cuiú, returned 10.2 metres of 8.7 g/t gold from 99.5m depth, including 1.3 metres of 62.5 g/t gold from 108.4 metres depth in hole DDH378.

The zone intersected in DDH378 is interpreted to be the same zone intersected by previous drill holes which include DDH372 and recently returned 9.5 metres of 87.4 g/t gold, including 2.9 metres of 285.5 g/t gold as well as other holes which returned 45.6 metres of 4.5 g/t gold, including 1.5 metres of 117.26 g/t gold and 82.6 metres of 0.98 g/t, including 9.5 metres of 5.74 g/t gold.

These recent drill results suggest the presence of an E-W trending high-grade zone extending for at least 455 metres which appears to form the core of a larger mineralized system at Jerimum Cima.

In addition, drilling at the MG gold deposit returned 10.3 metres of 1.45 g/t gold from 152.2 metres depth in hole DDH361. DDH358 also returned 7.2 metres of 1.12 g/t gold from 270.4 metres depth and 8.7 metres of 1.11 g/t gold from 302.0 metres depth.

Alan Carter, Cabral’s President and CEO, commented, “The Jerimum Cima target is located 3km ENE of the Central gold deposit and 3.5km NW of the MG gold deposit, and is not currently part of the existing resource base at Cuiú Cuiú.

“Ongoing drilling continues to suggest that we have an important discovery on our hands at Jerimum Cima. DDH378 returned 10.2 metres of 8.7 g/t gold from 99.5 metres depth, including 1.3 metres of 62.5 g/t gold. This hole was drilled 205 metres east of DDH372 which recently returned 9.5 metres of 87.4 g/t gold, including 2.9 metres of 285.5 g/t gold.

“We believe this to be the same high-grade mineralized zone which has now been traced for 455 metres along strike and remains open to the east. The broader E-W trending mineralized zone, however, is significantly larger and is up to 200 metres wide and extends at least E-W for 750 metres along strike. We look forward to additional results in the near term as our drill program ramps up.”

The Jerimum Cima target is located 3 km ENE of the Central gold deposit and 3.5km NW of the MG gold deposit. The target is characterized by a very strong gold-in-soil anomaly of +100 parts per billion (ppb) gold covering an area of 900 metres x 1,000 metres and is comparable with the gold-in-soil anomalies above the MG and Central gold deposits, and the PDM and Machichie Main gold discoveries. As with the MG gold deposit and the Machichie Main gold discovery, gold mineralization at Jerimum Cima is centered on a major east-west trending fault zone, which forms a splay off the regional scale Tocantinzinho fault system.

Previous drilling at Jerimum Cima returned 9.5 metres of 87.4 g/t gold from 173.8 metres depth including 2.9 metres of 285.5 g/t gold, 45.6 metres of 4.5 g/t gold,  including 1.5 metres of 117.26 g/t gold in primary intrusive rock material as well as 49 metres of 2.0 g/t gold, including 1 metres of 57.0 g/t gold and 82.6 metres of 1.0 g/t, including 9.5 metres of 5.74 g/t gold.

In addition, a number of surface trenches returned gold intercepts of very good grade in gold-in-oxide material, and include 14 metres of 1.6 g/t gold, 20 metres of 1.2 g/t gold, 10 metres of 1.3 g/t gold, and 24 metres of 0.7 g/t gold and 18 metres of 1.9 g/t gold.

DDH378 was drilled on section 551266E with an azimuth of 0 degrees and at an angle of 55 degrees within the central eastern part of the Jerimum Cima target and was designed to test the eastern extension of the high-grade mineralization intersected in previous holes. The hole returned 10.2 metres of 8.7 g/t gold from 99.5 metres depth, including 1.3 metres of 62.5 g/t gold from 108.4 metres depth.

The zone intersected in DDH378 is very likely the same zone intersected by previous drill holes to the west. Drillhole DDH359 was drilled 125m west of DDH378 and previously returned 82.6 metres of 0.98 g/t, including 9.5 metres of 5.74 g/t gold. Drillhole DDH372 was drilled 205 metres to the west and cut 9.5 metres of 87.4 gold from 173.8 metres depth, including 2.9 metres of 285.5 g/t gold. Drillhole CC26 was drilled 235 metres west of DDH378 and previously returned 45.6 metres of 4.5 g/t gold, including 1.5 metres of 117.26 g/t gold.

Drillhole RC561 was drilled 455 metres west of DDH378 and previously returned 49 metres of 2.0 g/t gold, including 1 metres of 57.0 g/t gold. These holes together suggest the presence of a high-grade zone extending at least 455 metres along strike which may form the core of the mineralized system at Jerimum Cima. The high-grade zone remains open along strike to the east and at depth.

In addition, DDH379 reported herein was drilled on the extreme western limit of the Jerimum Cima target and despite cutting over 200 metres of highly silicified hydrothermal breccia, the hole failed to cut any significant gold values, apart from 0.7 metres of 4.05 g/t gold. This silicified structure extends at least 3km to the NNW and forms the western limit to the mineralized zone at Jerimum Cima. There is evidence of historic placer workings immediately west of this structure suggesting that parts of it may be mineralized.

The high gold grades returned from DDH378 and other holes at Jerimum Cima, notably DDH372 which returned 9.5 metres of 87.4 gold from 173.8 metres depth, including 2.9 metres of 285.5 g/t gold, suggest the presence of a central zone of high-grade material which appears to be surrounded by lower grade stockwork mineralization. The high-grade zone appears to extend at least 455 metres along strike and is open to the east and at depth, and occurs within a broader mineralized envelope that is up to 200 metres wide and extends along strike at least 750 metres in an E-W sense. Additional drilling is in progress.

The MG gold deposit is one of the two main gold deposits that currently comprise the Indicated and Inferred resource base at Cuiú Cuiú. The upper portion of the gold deposit is extensively weathered resulting in a vertical profile of highly weathered basement saprolite extending to 60 metres depth.

This saprolite together with the overlying blanket sediments and soils, which are also mineralized, will form the starter pit for the Phase 1 gold-in-oxide mining operation which is due to commence production in Q4 2026. Recent infill drilling has continued to confirm the presence of good gold grades over significant widths within weathered saprolite material and the overlying blanket sediments at or near surface. Current Indicated and Inferred resources within the gold-in-oxide material at MG amount to 8.86 million tonnes (Mt) of 0.48 g/t Indicated (135,900 ounces and 3.14 Mt of 0.22 g/t Inferred (22,500oz).

However, the bulk of the gold resources at MG are contained within the underlying primary basement material (hard rock) and amount to open pit resources of 4.79 Mt of 1.50 g/t gold Indicated (230,300 oz) and 0.33 Mt of 0.57 g/t gold Inferred (5,900 oz) and underground Inferred resources of 0.99 Mt of 2.08 g/t gold (65,800 oz).

Four additional diamond drill holes (DDH358, DDH361, DDH364 and DDH380) were completed at MG in order to address gaps in the 2022 resource model. All four holes cut the mineralized zone with DDH358 returning 7.2 metres of 1.12 g/t gold from 270.4 metres depth and 8.7 metres of 1.11 g/t gold from 302.0 metres depth. DDH361 also returned 10.3 metres of 1.45 g/t gold from 152.2 metres depth, including 1.0 metre of 7.20 g/t gold from 152.2 metres depth and 0.7 metres of 8.20 g/t gold from 157.0 metres depth. DDH380 returned 19.0 metres of 0.52 g/t gold from 233.7 mdetres depth and 15.8 metres of 0.50 g/t gold from 276.2 metres depth.

Drilling is ongoing at the Jerimum Cima target with two diamond drill rigs and 1 RC rig with the objective of generating initial resources for the gold-in-oxide blanket and the underlying primary mineralized zones. Diamond drilling is also ongoing at Mutum and Central and further drilling is planned at Machichie Main and Machichie NE with the objective of updating the global resource base later this year. The infill RC drilling program at the MG gold-in-oxide deposit is continuing and aimed at upgrading the current Probable reserve base.

Cabral Gold is a junior resource company engaged in the exploration, development and near-term production from gold properties 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 of 1.14 g/t gold (450,200 oz) in fresh basement material and 13.56Mt of 0.50 g/t gold (216,182 oz) in oxide material. The project also contains Inferred resources of 13.63Mt of 1.04 g/t gold (455,100 oz) in fresh basement material and 6.4Mt of 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 is currently engaged in the construction of a Phase 1 gold-in-oxide heap leach operation based on the NI43-101 technical report PFS and expects to enter commercial gold production in Q4 2026.