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Cabral Gold identifies zone of gold mineralization in northern Brazil

Separately, the company announced that Sean Kingsley has been named manager of corporate communications

Gold bars and nugget
The Central-Pau de Merenda-Central mineralized corridor is defined by an extensive gold-in-saprolite geochemical anomaly

Cabral Gold Inc (CVE:CBR) said Monday that it has identified a new zone of gold mineralization at the Cuiu Cuiu project in northern Brazil.

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.

READ: Cabral Gold continues ambitious surface exploration program at Cuiu Cuiu gold project

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 dennis@proactiveinvestors.com

Quick facts: Cabral Gold Inc

Price: 0.54 CAD

TSX-V:CBR
Market: TSX-V
Market Cap: $51.35 m
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Cabral Gold (CVE: CBR-OTC: CBGZF) CEO Alan Carter joined Steve Darling from Proactive with news about the company that has seen some very positive surface results from the work they are doing at Cuiu Cuiu. Carter talks about the numbers they are seeing. He also addressed the first three holes...

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