Cabral Gold Inc. announced results from three additional diamond drill core holes recently drilled at the Jerimum Cima target within the Cuiú Cuiú Gold District, Brazil. Drilling at the Jerimum Cima target, located 3km ENE of the Central gold deposit and 3.5km NW of the MG gold deposit at Cuiú Cuiú, returned 107.6m @ 2.5 g/t gold from 162.7m depth including 17.8m @ 13.0 g/t gold from 232.9m depth including 3.8m @ 59.9 g/t gold from 232.9m depth in hole DDH384, all intercepts in primary mineralization. The zone intersected in DDH384 is interpreted to be the same zone intersected by previous drill holes which include DDH372 which returned 9.5m @ 87.4 g/t gold including 2.9m @ 285.5 g/t gold and DDH378 which returned 10.2m @ 8.7 g/t gold including 1.3m @ 62.5 g/t gold, as well as other holes which returned 45.6m @ 4.5 g/t gold including 1.5m @ 117.26 g/t gold, and 82.6m @ 0.98 g/t including 9.5m @ 5.74 g/t gold.

The results from the new core hole DDH384 suggest that the high-grade mineralized zone at Jerimum Cima is continuous along strike for 455m and extends at least 60m further down dip than previously thought to at least 150m depth. The zone remains open along strike and down-dip. The Jerimum Cima target is located 3 kilometres ENE of the Central gold deposit and 3.5km NW of the MG gold deposit.

The target is characterized by a very strong gold-in-soil anomaly of +100 parts per billion gold covering an area of 900 meters x 1000m and is comparable with the gold-in-soil anomalies above the MG and Central gold deposits, and the PDM and Machichie Main gold discoveries. As with the MG gold deposit and the Machichie Main gold discovery, gold mineralization at Jerimum Cima is centered on a major east-west trending fault zone, which forms a splay off the regional scale Tocantinzinho fault system. Recent drilling at Jerimum Cima has returned some excellent results including: 9.5m @ 87.4 grammes per tonne gold from 173.8m depth including 2.9m @ 285.5 g/t gold, 10.2m @ 8.7 g/t gold from 99.5m depth including 1.3m @ 62.5 g/t gold from 108.4m depth, 45.6m @ 4.5 g/t gold including 1.5m @ 117.26 g/t gold in primary intrusive rock material, 49m @ 2.0 g/t gold including 1m @ 57.0 g/t gold, and 82.6m @ 1.0 g/t including 9.5m @ 5.74 g/t gold.

In addition, a number of surface trenches returned gold intercepts of very good grade in gold-in-oxide material, and include 14m @ 1.6 g/t gold, 20m @ 1.2 g/t gold, 10m @ 1.3 g/t gold, and 24m @ 0.7 g/t gold and 18m @ 1.9 g/t gold. DDH384 was drilled on section 551022E with an azimuth of 180 degrees and at an angle of 60 degrees within the central eastern part of the Jerimum Cima target and was designed to further test the continuity and down dip extension of the high-grade mineralization intersected in previous holes. The hole returned 107.6m @ 2.5 g/t gold from 162.7m depth including 17.8m @ 13.0 g/t gold from 232.9m depth including 3.8m @ 59.9 g/t gold from 232.9m depth.

The zone intersected in DDH384 is very likely the same zone intersected by previous drill holes to the east and west. DDH384 was drilled 40m west of DDH372 which returned 9.5m @ 87.4 gold from 173.8m depth including 2.9m @ 285.5 g/t gold. In addition, DDH375 reported herein was drilled 220m west of DDH372 and returned 37.4m @ 0.20 g/t gold from 133.3m depth and 20.8m @ 0.60 g/t gold from 181.2m depth including 0.9m @ 9.30 g/t gold.

The results from DDH384 at Jerimum Cima further suggest continuity of the high-grade zone along strike which has so far been traced for 455m east-west and is open in both directions along strike, particularly to the east. More importantly, DDH384 extends this zone an additional 60m down dip and it remains open at depth. Additional near surface RC drilling and deeper diamond drilling is in progress aimed at determining the size of the mineralized system at Jerimum Cima.

Several parallel mineralized zones in the underlying intrusive rocks have now been identified at Jerimum Cima extending over at least 900m E-W. The limit to the oxide banket as currently known is also shown. Drill Hole # Weathering From To Thickness Grade (m) (m) (m) g/t gold DDH375 Intrusive rock 133.3 170.7 37.4 0.20 150.0 151.4 1.4 3.70 181.2 202.0 20.8 0.60 Incl. 181.2 182.1 0.9 9.30 and 190.9 191.5 0.6 1.20 and 200.7 202.0 1.3 1.65 EOH 211.4 DDH382 Intrusive rock 145.3 149.0 3.7 0.20 170.0 172.4 2.4 2.70 212.1 213.9 1.8 0.48 EOH 250.0 DDH384 Intrusive rock 92.3 112.6 20.3 0.20 107.1 107.6 0.5 4.97 162.7 270.3 107.6 2.46 232.9 250.7 17.8 13.04 232.8 236.6 3.8 59.93 EOH 371.3. Drilling is ongoing at the Jerimum Cima target with 2 diamond drill rigs and 1 RC rig with the objective of generating initial resources for the gold-in-oxide blanket and the underlying primary mineralized zones.

Diamond drilling is also ongoing at the Mutum target and the Central gold deposit and further drilling is planned at Jerimum Baixo, Machichie Main and Machichie NE with the objective of updating the global resource base later this year.