Cabral Gold Announces Additional Results of Infill Drilling at the MG Gold Deposit, Cuiú Cuiú Gold District, Brazil. Doubles Number of Drill Rigs on Site to Six

Original announcement by tmx on

Company
Cabral Gold Inc.
Ticker
CBR
Exchange
TSX
Region
Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update, Economic study
Extracted
2026-09-17 15:04:28 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Cabral Gold announced additional infill drilling results from the MG Gold Deposit in Brazil, confirming good gold grades and continuity in near-surface oxide material. These results will be used to refine the mine plan and upgrade reserves for the Phase 1 gold-in-oxide heap leach operation, which is 70% complete and expected to commence production in Q4 2026. The company is also doubling its drill rig count to six to accelerate exploration and resource expansion.

Reasoning: The infill drilling results at the MG Gold Deposit confirm good gold grades over significant widths in weathered saprolite and blanket sediments, supporting the ongoing development of the Phase 1 gold-in-oxide heap leach operation. The expansion of the drilling program also signals increased exploration and resource growth potential.

Positive factors

  • Infill drilling confirms good gold grades and continuity in the MG starter pit.
  • Results support the mine plan and reserve upgrade for the gold-in-oxide heap leach operation.
  • Phase 1 gold-in-oxide heap leach operation is 70% complete, indicating near-term production.
  • Company is doubling drill rigs to six, with a focus on exploration and resource expansion.
  • Near-surface oxide material is amenable to heap leach processing.

Negative factors

  • True width is not stated for individual intercepts, only a general estimate that it may be up to 50% of downhole length.

Facts used in scoring: 50

Extracted facts

Stored fact records: 50. Some facts used in scoring do not have a stored record.

Drill Results (50)

RC642MG Gold Deposit · goldGrade: 0.47Grade Unit: g/tIntercept: 21 mView all details
Link to this fact

Identity

Hole ID
RC642
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.47
Grade Unit
g/t
Intercept
21 m
From
0 m
To
21 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC642:0-21
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 21.0m at 0.47 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 9.87 g/t·m, which is below the weak threshold of 10 g/t·m, but the near-surface nature and width are positive.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.47”

Context: 21.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC642MG Gold Deposit · goldGrade: 0.72Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
RC642
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.72
Grade Unit
g/t
Intercept
3 m
From
47 m
To
50 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC642:47-50
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 3.0m at 0.72 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its materiality. The GT product is 2.16 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“0.72”

Context: 3.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC645MG Gold Deposit · goldGrade: 0.49Grade Unit: g/tIntercept: 49 mView all details
Link to this fact

Identity

Hole ID
RC645
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
49 m
From
0 m
To
49 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC645:0-49
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 49.0m at 0.49 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 24.01 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.49”

Context: 49.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC645MG Gold Deposit · goldGrade: 1.39Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
RC645
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.39
Grade Unit
g/t
Intercept
4 m
From
6 m
To
10 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC645:6-10
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 4.0m at 1.39 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 5.56 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.39”

Context: 4.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC645MG Gold Deposit · goldGrade: 1.13Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC645
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.13
Grade Unit
g/t
Intercept
2 m
From
37 m
To
39 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC645:37-39
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 1.13 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 2.26 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.13”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC646MG Gold Deposit · goldGrade: 0.58Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
RC646
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.58
Grade Unit
g/t
Intercept
13 m
From
0 m
To
13 m
Hole Depth
40 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC646:0-13
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 13.0m at 0.58 g/t gold from surface is a moderate grade for an open pit gold target. The GT product is 7.54 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.58”

Context: 13.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC646MG Gold Deposit · goldGrade: 1.71Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC646
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
2 m
From
8 m
To
10 m
Hole Depth
40 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC646:8-10
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 1.71 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 3.42 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.71”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC646MG Gold Deposit · goldGrade: 0.3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC646
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
1 m
From
19 m
To
20 m
Hole Depth
40 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC646:19-20
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 0.30 g/t gold is a weak grade for an open pit gold target, and the narrow width limits its materiality. The GT product is 0.3 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Weak grade for open pit gold.
  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“0.30”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC647MG Gold Deposit · goldGrade: 0.65Grade Unit: g/tIntercept: 48 mView all details
Link to this fact

Identity

Hole ID
RC647
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
48 m
From
0 m
To
48 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC647:0-48
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 48.0m at 0.65 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 31.2 g/t·m, which is above the moderate threshold of 30 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.65”

Context: 48.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC647MG Gold Deposit · goldGrade: 3.82Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC647
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
3.82
Grade Unit
g/t
Intercept
2 m
From
7 m
To
9 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC647:7-9
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 3.82 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 7.64 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“3.82”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC647MG Gold Deposit · goldGrade: 2Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
RC647
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
2
Grade Unit
g/t
Intercept
3 m
From
29 m
To
32 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC647:29-32
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 3.0m at 2.00 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 6.0 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“2.00”

Context: 3.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC648MG Gold Deposit · goldGrade: 0.68Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
RC648
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
12 m
From
0 m
To
12 m
Hole Depth
25 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC648:0-12
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 12.0m at 0.68 g/t gold from surface is a moderate grade for an open pit gold target. The GT product is 8.16 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.68”

Context: 12.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC648MG Gold Deposit · goldGrade: 2.12Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC648
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
2.12
Grade Unit
g/t
Intercept
1 m
From
8 m
To
8 m
Hole Depth
25 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC648:8-8
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 2.12 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 2.12 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“2.12”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC649MG Gold Deposit · goldGrade: 0.33Grade Unit: g/tIntercept: 12 mView all details
Link to this fact

Identity

Hole ID
RC649
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
12 m
From
0 m
To
12 m
Hole Depth
25 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC649:0-12
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 12.0m at 0.33 g/t gold from surface is a weak grade for an open pit gold target. The GT product is 3.96 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Near-surface intercept.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.33”

Context: 12.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC650MG Gold Deposit · goldGrade: 1.43Grade Unit: g/tIntercept: 23 mView all details
Link to this fact

Identity

Hole ID
RC650
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
23 m
From
0 m
To
23 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC650:0-23
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 23.0m at 1.43 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 32.89 g/t·m, which is above the moderate threshold of 30 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“1.43”

Context: 23.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC650MG Gold Deposit · goldGrade: 2.63Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
RC650
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
2.63
Grade Unit
g/t
Intercept
10 m
From
4 m
To
14 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC650:4-14
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 10.0m at 2.63 g/t gold is a strong grade for an open pit gold target. The GT product is 26.3 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“2.63”

Context: 10.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC650MG Gold Deposit · goldGrade: 0.3Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
RC650
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
8 m
From
31 m
To
39 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC650:31-39
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 8.0m at 0.30 g/t gold is a weak grade for an open pit gold target. The GT product is 2.4 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.30”

Context: 8.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC650MG Gold Deposit · goldGrade: 0.42Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC650
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.42
Grade Unit
g/t
Intercept
1 m
From
42 m
To
43 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC650:42-43
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 0.42 g/t gold is a weak grade for an open pit gold target, and the narrow width limits its materiality. The GT product is 0.42 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Weak grade for open pit gold.
  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“0.42”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC650MG Gold Deposit · goldGrade: 1.83Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC650
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.83
Grade Unit
g/t
Intercept
1 m
From
45 m
To
46 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC650:45-46
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 1.83 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 1.83 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.83”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC651MG Gold Deposit · goldGrade: 0.65Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
RC651
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.65
Grade Unit
g/t
Intercept
24 m
From
0 m
To
24 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC651:0-24
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 24.0m at 0.65 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 15.6 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.65”

Context: 24.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC651MG Gold Deposit · goldGrade: 4.25Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC651
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
4.25
Grade Unit
g/t
Intercept
1 m
From
18 m
To
19 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC651:18-19
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 4.25 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 4.25 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“4.25”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC651MG Gold Deposit · goldGrade: 1.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC651
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.7
Grade Unit
g/t
Intercept
1 m
From
27 m
To
28 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC651:27-28
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 1.70 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 1.7 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.70”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC651MG Gold Deposit · goldGrade: 0.3Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
RC651
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
7 m
From
42 m
To
49 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC651:42-49
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 7.0m at 0.30 g/t gold is a weak grade for an open pit gold target. The GT product is 2.1 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.30”

Context: 7.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC652MG Gold Deposit · goldGrade: 0.9Grade Unit: g/tIntercept: 29 mView all details
Link to this fact

Identity

Hole ID
RC652
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.9
Grade Unit
g/t
Intercept
29 m
From
0 m
To
29 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC652:0-29
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 29.0m at 0.90 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 26.1 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.90”

Context: 29.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC652MG Gold Deposit · goldGrade: 2.23Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC652
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
2.23
Grade Unit
g/t
Intercept
2 m
From
9 m
To
11 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC652:9-11
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 2.23 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 4.46 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“2.23”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Reason: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems(ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”
RC652MG Gold Deposit · goldGrade: 3.2Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
RC652
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
3.2
Grade Unit
g/t
Intercept
3 m
From
21 m
To
24 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC652:21-24
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 3.0m at 3.20 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 9.6 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“3.20”

Context: 3.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC652MG Gold Deposit · goldGrade: 0.49Grade Unit: g/tIntercept: 13 mView all details
Link to this fact

Identity

Hole ID
RC652
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
13 m
From
36 m
To
49 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC652:36-49
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 13.0m at 0.49 g/t gold is a moderate grade for an open pit gold target. The GT product is 6.37 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.49”

Context: 13.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC652MG Gold Deposit · goldGrade: 2.38Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC652
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
2.38
Grade Unit
g/t
Intercept
1 m
From
38 m
To
39 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC652:38-39
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 2.38 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 2.38 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“2.38”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC653MG Gold Deposit · goldGrade: 1.45Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
RC653
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.45
Grade Unit
g/t
Intercept
30 m
From
0 m
To
30 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC653:0-30
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 30.0m at 1.45 g/t gold from surface is a moderate grade and strong width for an open pit gold target, contributing positively to the infill program. The GT product is 43.5 g/t·m, which is above the moderate threshold of 30 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Strong continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“1.45”

Context: 30.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC653MG Gold Deposit · goldGrade: 3.14Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
RC653
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
3.14
Grade Unit
g/t
Intercept
10 m
From
7 m
To
17 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC653:7-17
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 10.0m at 3.14 g/t gold is a strong grade for an open pit gold target. The GT product is 31.4 g/t·m, which is above the moderate threshold of 30 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“3.14”

Context: 10.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC653MG Gold Deposit · goldGrade: 0.56Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
RC653
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.56
Grade Unit
g/t
Intercept
5 m
From
37 m
To
42 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC653:37-42
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 5.0m at 0.56 g/t gold is a moderate grade for an open pit gold target. The GT product is 2.8 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.56”

Context: 5.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC654MG Gold Deposit · goldGrade: 0.33Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
RC654
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
11 m
From
0 m
To
11 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC654:0-11
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 11.0m at 0.33 g/t gold from surface is a weak grade for an open pit gold target. The GT product is 3.63 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Near-surface intercept.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.33”

Context: 11.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC654MG Gold Deposit · goldGrade: 0.16Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC654
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
2 m
From
16 m
To
18 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC654:16-18
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 0.16 g/t gold is a very weak grade for an open pit gold target, and the narrow width limits its materiality. The GT product is 0.32 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Very weak grade for open pit gold.
  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“0.16”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC654MG Gold Deposit · goldGrade: 0.23Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC654
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
1 m
From
26 m
To
27 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC654:26-27
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 0.23 g/t gold is a very weak grade for an open pit gold target, and the narrow width limits its materiality. The GT product is 0.23 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Very weak grade for open pit gold.
  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“0.23”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC655MG Gold Deposit · goldGrade: 0.32Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
RC655
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
11 m
From
0 m
To
11 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC655:0-11
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 11.0m at 0.32 g/t gold from surface is a weak grade for an open pit gold target. The GT product is 3.52 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Near-surface intercept.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.32”

Context: 11.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC655MG Gold Deposit · goldGrade: 0.49Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC655
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
2 m
From
37 m
To
39 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC655:37-39
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 0.49 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 0.98 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“0.49”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC656MG Gold Deposit · goldGrade: 0.53Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
RC656
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
11 m
From
0 m
To
11 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC656:0-11
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 11.0m at 0.53 g/t gold from surface is a moderate grade for an open pit gold target. The GT product is 5.83 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.53”

Context: 11.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC656MG Gold Deposit · goldGrade: 1.22Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC656
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
1 m
From
7 m
To
8 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC656:7-8
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 1.22 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 1.22 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.22”

Context: 1.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC656MG Gold Deposit · goldGrade: 0.54Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
RC656
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.54
Grade Unit
g/t
Intercept
7 m
From
37 m
To
44 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC656:37-44
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 7.0m at 0.54 g/t gold is a moderate grade for an open pit gold target. The GT product is 3.78 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.54”

Context: 7.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC657MG Gold Deposit · goldGrade: 1.8Grade Unit: g/tIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
RC657
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
19 m
From
0 m
To
19 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC657:0-19
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 19.0m at 1.80 g/t gold from surface is a moderate grade and moderate width for an open pit gold target, contributing positively to the infill program. The GT product is 34.2 g/t·m, which is above the moderate threshold of 30 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Moderate continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“1.80”

Context: 19.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC657MG Gold Deposit · goldGrade: 11.76Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC657
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
11.76
Grade Unit
g/t
Intercept
1 m
From
5 m
To
6 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC657:5-6
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 11.76 g/t gold is an exceptional grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 11.76 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Exceptional grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“11.76”

Context: 1.0

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“11.76”

Context: 1.0

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC657MG Gold Deposit · goldGrade: 15.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
RC657
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
15.7
Grade Unit
g/t
Intercept
1 m
From
7 m
To
8 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC657:7-8
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 1.0m at 15.70 g/t gold is an exceptional grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 15.7 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Exceptional grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“15.70”

Context: 1.0

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Exceptionally high-grade zone, well above the deposit-type norm.

Evidence · table

“15.70”

Context: 1.0

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC658MG Gold Deposit · goldGrade: 0.6Grade Unit: g/tIntercept: 19 mView all details
Link to this fact

Identity

Hole ID
RC658
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
19 m
From
0 m
To
19 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC658:0-19
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 19.0m at 0.60 g/t gold from surface is a moderate grade and moderate width for an open pit gold target, contributing positively to the infill program. The GT product is 11.4 g/t·m, which is above the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Moderate continuity of mineralization.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.60”

Context: 19.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC658MG Gold Deposit · goldGrade: 2.88Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC658
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
2.88
Grade Unit
g/t
Intercept
2 m
From
8 m
To
10 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC658:8-10
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 2.88 g/t gold is a strong grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 5.76 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Strong grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“2.88”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC658MG Gold Deposit · goldGrade: 0.33Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
RC658
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
6 m
From
31 m
To
37 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC658:31-37
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 6.0m at 0.33 g/t gold is a weak grade for an open pit gold target. The GT product is 1.98 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.33”

Context: 6.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC659MG Gold Deposit · goldGrade: 0.77Grade Unit: g/tIntercept: 8 mView all details
Link to this fact

Identity

Hole ID
RC659
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
8 m
From
0 m
To
8 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC659:0-8
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 8.0m at 0.77 g/t gold from surface is a moderate grade for an open pit gold target. The GT product is 6.16 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.
  • Near-surface intercept.

Negative factors

  • Apparent width only, true width not stated.

Evidence · table

“0.77”

Context: 8.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC659MG Gold Deposit · goldGrade: 1.51Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
RC659
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
1.51
Grade Unit
g/t
Intercept
2 m
From
5 m
To
7 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC659:5-7
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 2.0m at 1.51 g/t gold is a moderate grade for an open pit gold target, but the narrow width limits its overall materiality. The GT product is 3.02 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Moderate grade for open pit gold.

Negative factors

  • Narrow intercept width.
  • Apparent width only, true width not stated.

Evidence · table

“1.51”

Context: 2.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC659MG Gold Deposit · goldGrade: 0.26Grade Unit: g/tIntercept: 9 mView all details
Link to this fact

Identity

Hole ID
RC659
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.26
Grade Unit
g/t
Intercept
9 m
From
15 m
To
24 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC659:15-24
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 9.0m at 0.26 g/t gold is a very weak grade for an open pit gold target. The GT product is 2.34 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Very weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.26”

Context: 9.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC659MG Gold Deposit · goldGrade: 0.19Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
RC659
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
7 m
From
31 m
To
38 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC659:31-38
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 7.0m at 0.19 g/t gold is a very weak grade for an open pit gold target. The GT product is 1.33 g/t·m, which is below the weak threshold of 10 g/t·m.

Negative factors

  • Very weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.19”

Context: 7.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

RC660MG Gold Deposit · goldGrade: 0.41Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
RC660
Project
MG Gold Deposit
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
CBR

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
10 m
From
0 m
To
10 m
Hole Depth
50 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
RC660:0-10
Mining Method
open_pit

Location

Azimuth
180 °
Dip
-60 °

QA/QC

Laboratory
SGS GEOSOL Laboratorios
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-07T00:00:00.000Z

Reasoning: The intercept of 10.0m at 0.41 g/t gold from surface is a weak grade for an open pit gold target. The GT product is 4.1 g/t·m, which is below the weak threshold of 10 g/t·m.

Positive factors

  • Near-surface intercept.

Negative factors

  • Weak grade for open pit gold.
  • Apparent width only, true width not stated.

Evidence · table

“0.41”

Context: 10.0

Tags used in scoring

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Evidence · text

“True widths may be up to 50% of actual drill intercepts”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Evidence · text

“Cabral maintains a Quality Assurance / Quality Control ("QAQC") program for all its exploration projects using industry best practices. Key elements of the QAQC program include verifiable chain of custody for samples, regular insertion of certified reference materials, blanks, and duplicates, as well as check assays on results. RC samples are split, collected in plastic sample bags, and sealed on drill hole location. Drill core is halved by saw cut or slicer (in soft saprolite). RC and core samples are shipped in sealed bags by independent contractor to SGS GEOSOL Laboratorios in Vespasiano, Brazil, an independent analytical services provider with global certifications for Quality Management Systems (ISO 9001:2015 and ISO 14001:2015 (ABS Certificates 32982 and 39911) and ISO/IEC 17025:2017 accreditation (CRL-0386)). Gold analyses are routinely performed via 50g fire assay with secondary assay techniques applied on higher grade samples. Final assay results are validated by Cabral Geological Staff prior to insertion into the database. Additional information regarding the Company's data verification processes is set out in the CBR, 43-101, PFS Technical Report, July 2025, which can be found on the Company's website. Qualified Person and Technical Information Technical information included in this release was supervised and approved by Brian Arkell, B.S. Geology and M.S. Economic Geology, SME (Registered Member), AusIMM (Fellow) and SEG (Fellow), Cabral Gold's Vice President, Exploration and Technical Services, and a Qualified Person under NI 43-101.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.

Evidence · text

“The program of infill drilling is aimed at improving the confidence around the current mine plan at MG and upgrading the current reserve.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.