Cabral Gold Inc. provided assay results from eight diamond-drill holes testing the Machichie Main zone within the Cuiú Cuiú gold district. The discoveries at the Machichie Complex were not included in the recent mineral resource estimate. Machichie Main Zone Drill Results; The Machichie target is located 500m north-west of the MG gold deposit. Previous drilling at the Machichie Main zone identified a persistent mineralized zone which is east-trending and dips steeply to the north. This main zone consists of parallel high-grade core zones surrounded by a low-grade alteration envelope. This is similar in style to the bedrock gold deposits at MG and Central as well as the
recently announced PDM basement discovery. The current drill program testing the Machichie Main zone was designed to extend the known zone of mineralization down-dip and along strike. All of the eight holes reported herein successfully intercepted significant intervals of mineralization down-dip, and included several high-grade intercepts. Section E553105; DDH310 and DDH311 were drilled from the same platform in a northerly direction, and were designed to test down dip of DDH197 on section E553105. DDH197 was the only hole previously drilled on section E553105. It was a shallow hole that cut three mineralized intervals including 4.5m @ 1.2 g/t gold, 1.5m @ 1.3 g/t gold and 2m @ 1.9 g/t gold. DDH310 and DDH311 both successfully extended all three zones down dip. The results from DDH310 include 10.3m @ 3.0 g/t gold from 63.5m including 1.0m @ 27.6 g/t gold, 5.3m @ 27.6 g/t gold from 87.1m including 0.5m @ 288.1 g/t gold and 4.8m @ 1.6 g/t gold from 125.2m. In DDH310, the grade is significantly higher than all three mineralized zones encountered up dip in DDH197. DDH311 was drilled at a higher angle from the same platform and cut the same three mineralized zones even further down dip returning 1.0m @ 3.0 g/t gold from 95.4m, 3.3m @ 2.3 g/t gold from 121.0m including 0.7m @ 9.0 g/t gold; and 2.1m @ 2.4 g/t gold from 155.5m. Section E552900; DDH312 was drilled on section E552900 testing the area between previous results from DDH299 and RC0060. DDH312 intersected the mineralized zone as per projections at 88.6m and returned 7.6m @ 4.7 g/t
gold including 1.0m @ 31.2 g/t gold. This further supports continuity of the Machichie mineralized zone down-dip. Section E552735; DDH316 and DDH317 were drilled from the same platform on section E552735 from south to north. Two shallow diamond-drill holes had been previously drilled on this section (DDH180 and DDH181). Each of these two previous holes encountered a single mineralized zone at shallow depths. DDH181 cut 6.6m @ 1.6 g/t gold in fresh altered basement, while DDH180 intersected 1.1m @ 1.5 g/t gold in saprolite . DH316 encountered several mineralized zones down dip including 0.7m @ 1.5 g/t from 84.5m, 0.5m @ 2.2 g/t from 94.9m, 4.6m @ 2.0 g/t from 110.4m and 0.8m @ 34.6 g/t gold from 133.2m. The interval that returned 4.6m @ 2.0 g/t gold is interpreted to be the down-dip extension of the mineralized zone intersected in DDH180 and DDH181 suggesting the main mineralized zone extends 75m further down-dip. The deeper high-grade section which returned 0.8m @ 34.6 g/t gold, was not intersected in previous holes which were collared too far south to intersect this new parallel structure. DDH317, located on the same platform, but drilled at a steeper angle, intercepted two narrow high-grade zones. It returned 0.5m @ 14.9 g/t gold from 100.5m and 0.6m @ 23.4 g/t gold from 176.2m. The deeper intercept is interpreted to be the down-dip extension of the new high-grade interval encountered in DDH316.