The Vancouver-based company said samplings of initial trenches at the Mutum zone in the Central-Pau de Merenda corridor returned values of 1 gram per ton of gold over 32 meters (including 7.9 grams of gold over 2.5 meters) and 0.9 gram over 16.5 meters and 0.9 gram over 25.5 meters.
The Central-Pau de Merenda-Central mineralized corridor is defined by an extensive gold-in-saprolite geochemical anomaly outlined by recent auger drilling, according to Cabral.
Separately, Cabral announced that Sean Kingsley has been named manager of corporate communications. He has more than 12 years of experience in mineral exploration and mining sector.
Shares of Cabral edged up C$0.01 to C$0.24 in Canada trading.
Contact Dennis Fitzgerald at [email protected]