Cabral Gold (TSE:CBR) announces new high-grade gold discovery in Brazil
Cabral Gold Inc. has announced a significant high-grade gold discovery at their Machichie NE target in Brazil. The latest drill results have uncovered 11 meters at 33.0 g/t gold, showcasing the potential for expanding resources near the surface and in primary bedrock. These findings, which rank among the highest grades found on the property, highlight the exploration potential of the area.
Expanding Resources
The recent drilling by Cabral Gold has revealed substantial gold mineralization, indicating the possibility of expanding resources in the region. The company’s focus on further exploration and delineation of the zones is crucial to understanding the full extent of the gold mineralization.
Additional Insight
The discovery of high-grade gold at Machichie NE target underscores the prospectivity of Cabral Gold’s exploration projects in Brazil. The impressive drill results not only validate the company’s exploration strategy but also support the potential for resource expansion in the area. This discovery could have a positive impact on Cabral Gold’s stock performance and investor sentiment moving forward.
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