Cabral Gold drills new zone between Central and PDM deposits, Cuiú Cuiú

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2026) - Cabral Gold Inc. (TSXV: CBR) (OTCQX: CBGZF) ("Cabral" or the "Company") is pleased to announce results from reconnaissance core drilling recently conducted at the Mutum target within the Cuiú Cuiú Gold District, Brazil. Highlights DDH387 drilled at the Mutum target and located 450m SE of the PDM gold deposit and 1.5km NW of the Central gold deposit, returned 20.7m @ 1.6 g/t gold from 131.4m depth including 2.5m @ 5.7 g/t gold from 146.0m depth The results from DDH387 suggest the presence of a previously unrecognised mineralized zone at Cuiú Cuiú between the Central and PDM gold deposits which are located 2km apart Several holes returned gold in near surface blanket soils and sediments, notably DDH387 which returned 11.5m @ 0.42 g/t gold from surface, DDH381 which returned 7.5m @ 0.40 g/t gold and DDH383 which returned 4.3m @ 0.58 g/t gold The presence of low-grade gold values in near surface oxide material in several holes suggests that the PDM gold-in-oxide blanket could be significantly larger than currently envisaged. Additional drilling is planned Alan Carter, Cabral's President and CEO commented, "The Mutum target is located within the highly prospective NW trending Central - PDM corridor, a 2km-long trend which is characterised by a strong +100ppb gold-in-soil anomaly and a pronounced magnetic low likely reflecting extensive hydrothermal alteration in the underlying intrusive host rocks.

The reconnaissance drill results at Mutum are significant for two reasons. Firstly, they indicate the presence of a new mineralized zone in primary intrusive rocks between the PDM and Central gold deposits which may be a possible extension to those deposits, and secondly, the gold-in-oxide blanket at PDM appears to be