Gold Intersected From Drilling At The  Machichie NE Target

VANCOUVER - Cabral Gold Inc. reported on five RC holes drilled at the Machichie Main and Machichie NE targets, Cuiú Cuiú Gold District, Brazil. RC421 drilled at the Machichie NE target returned 11m @ 33.0 g/t gold from 50m depth in saprolite and weathered and altered bedrock including 4m @ 89.3 g/t gold from 52m depth. RC420 drilled at the Machichie Main zone returned 25m @ 2.9 g/t gold from surface in weathered saprolite, including 12m @ 5.5 g/t gold. RC422 also drilled at Machichie NE returned 21m @ 1.3 g/t gold from surface in saprolite including 3m @ 7.5 g/t gold, and 13m @ 0.5 g/t gold from 36m depth, also in saprolite.

These RC results from Machichie NE confirm the presence of another E-W trending mineralized structure 150m north of the Machichie Main zone discovery where very limited previous drilling returned gold intercepts including 34m @ 5.4 g/t gold. Machichie Main and Machichie NE are located 500m and 650m, respectively, north of the MG gold deposit.

Alan Carter, President and CEO, said, "The assay results from RC421 at the Machichie NE target are amongst the top three drill holes ever drilled at Cuiú Cuiú and are the best results drilled to date outside of the known Central and MG gold deposits. The Machichie NE target is located immediately north of the Machichie Main zone discovery and the MG gold deposit all of which contain high-grade E-W trending mineralized structures. The extent of the mineralized structures at both Machichie NE and Machichie Main still need to be determined. These results not only have very positive implications for the presence of additional near surface gold-in-oxide resources at Cuiú Cuiú, but also suggest the presence of significant zones of high-grade mineralization in primary bedrock underlying the weathered material. Further drilling is in progress and is aimed at determining the size of both the Machichie Main zone and the more recent Machichie NE discovery."