Cabral Gold Uncovers High-Grade Extension at Cuiú Cuiú Ahead of September Initial Pour
Cabral Gold has identified a promising new mineralized strike at its Cuiú Cuiú project in northern Brazil, expanding resource potential just weeks before operations begin at its oxide starter pit. Recent core sample assessments from the Jerimum Cima target highlight significant high-grade intercepts, demonstrating broad resource continuity south of the main structure. As commercial gold extraction draws near, structural modeling indicates that advanced predictive analytics software and modern process control systems could further streamline future throughput across the site's processing circuits.
The discovery was anchored by drill hole DDH411, which intersected 8.9 metres at an average grade of 5.8 grams per tonne (g/t) gold from a depth of 208 metres. This evaluation included a dense interval of 1.8 metres yielding 28.4 g/t gold. Located approximately 200 metres south of Jerimum Cima’s primary structure, the newly mapped target zone underscores the high-grade profile of the Tapajós mineralized system. The expansion follows previously reported high-grade intersections at the site, such as drill hole DDH385, which returned 9.5 metres grading 87.4 g/t gold earlier in the summer.
Geological surveys indicate the newly discovered zone remains open along strike to both the east and west, as well as at depth. Further diamond drilling is scheduled to define the spatial boundaries of the deposit and evaluate its integration into the asset’s long-term operational framework. The upcoming mine operations will initially focus on heap leach processing at the Moreira Gomes target, aiming for initial pour in September before scaling up to full commercial output by the fourth quarter.
Recent prefeasibility updates highlight the robust economic profile of the project, projecting an internal rate of return (IRR) of 78% post-tax and a net present value (NPV at 5% discount) of approximately $74 million under a base-case valuation of $2,500 per ounce. With initial capital expenditures estimated at $37.7 million, the operation projects a rapid payback period of 10 months and expected production of 113,000 ounces over a initial 6.2-year life of mine. Ongoing exploration efforts at the nearby Machichie Main and Machichie West targets are set to feed into a consolidated global mineral resource update scheduled for release later this year.
Written by David Vance, a senior industrial automation specialist with over 14 years of experience optimizing field instrumentation, SCADA network architectures, and heavy industrial plant infrastructure.