Cabral Gold Inc. announced drill results from the initial six RC holes which form part of the ongoing drill program currently being conducted at both the MG and Central gold deposits within the Cuiu Cuiu gold district in northern Brazil. Highlights. RC343 which returned 27m @ 1.9 g/t gold from surface and RC342 which returned 28m @ 1.8 g/t gold from surface including 6m @ 7.1 g/t gold.

The objectives of the current drill program are to 1) better define and expand the higher-grade portion of the oxide resources within saprolite and blanket material, particularly closer to surface, 2) to improve confidence in the gold-in-oxide resources, and 3) to aid in the mine planning and sequencing as part of the ongoing prefeasibility study on trial mining of the gold-in- oxide resources. Drilling is ongoing with a total of 42 RC holes and 9 shallower auger holes completed to date as part of the current drill program. Assay results are pending on 12 RC holes and 9 power auger holes at MG, and 24 RC holes at Central.

A significant amount of higher-grade material (greater than 1.75g/t gold) is contained within these resources and the current drill program at MG is designed to expand these resources within the near-surface saprolite and blanket material. This hole indicates the presence of higher-grade basement saprolite mineralization beyond the known higher-grade resources. Hole RC346 also intersected a zone of moderate grade (10m @ 0.5 g/t gold) in the colluvial blanket from 11 to 21m depth.

This may prove to be an important zone for the trial-mining operation. Drill Hole, Weathering, From, to, width, Grade, #, m, m, g/t gold, RC342, Blanket/Saprolite, 0.0, 28.0, 1.8, 5.0, 11.0, 6.0, 7.1, EOH, 50.0, RC343, Blanket/Saprologyite, 0.0, 27.0, 1.9, incl., 0.0, 15.0, 3.3, EOH, 51.0, RC344, Blanket/Sapronite, 0.0, 9.0, 0.8, 15.0, 24.0, 38.0, 45.0, 7.0, 0.7, EOH, 48.0, RC346, Blanket/Sapropite, 0.0, 7.0.