Cabral Gold Drills New Mineralized Structure Connecting PDM and Central Gold Deposits, Cuiú Cuiú Gold District, BrazilVancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQB: CBGZF) ("Cabral" or the "Company") is pleased to announce drill results from 17 shallow reconnaissance RC drill holes at the previously untested Mutum target located 1300 metres NW of the Central Gold deposit and 500 metres ("m") SE of the PDM gold discovery within the Cuiú Cuiú district. HighlightsThe Company has identified a new and previously unrecognized mineralized structure which appears to extend for 1.8 kilometres ("km") in a NW-SE direction and connects the Central gold deposit with the PDM gold discovery further to the north Reconnaissance drill intercepts from the Mutum target, which is located 1.3km NW of the Central gold deposit and 500m SE of the PDM gold discovery, include 8m @ 1.32 grams per tonne ("g/t") gold from 43m depth in RC0602, 13m @ 0.83 g/t gold from 11m depth in RC0604, and multiple mineralized intervals including 4m @ 0.76 g/t gold from 29m depth and 4m @ 1.06 g/t gold from 41m depth in RC0603The mineralized structure at Mutum was identified on the basis of a recent airborne drone magnetic survey over the area followed by follow up reconnaissance drilling. This survey revealed a clear NW-trending structural corridor that was not visible in earlier airborne dataThe Company has subsequently purchased its own in-house drone magnetic system and intends to fly the entire Cuiú Cuiú district as quickly as possible in advance of additional reconnaissance drilling, particularly along the new NW trending structure linking PDM with Central Alan Carter, Cabral's President and CEO commented, "The significance of the results from several of the shallow reconnaissance drill holes recently completed at the previously untested Mutum target at Cuiú Cuiú cannot be overstated. These drill results are from a previously untested area located 1.3km NW of the Central gold deposit and 500m SE of the PDM gold discovery, and indicate that a NW-trending mineralized structure extending for 1.8km connects the two deposits. This opens up a very large area of prospective ground between Central and PDM for follow up drilling. The drone magnetic test survey that we recently completed has generated a lot of high-resolution magnetic data that are much more effective at mapping mineralized structures than the existing fixed wing airborne data. This will generate important advances in our understanding of the structural controls on gold mineralization at other deposits and targets within the Cuiú Cuiú district." Mutum RC Drill Results The Mutum target is located approximately 500 to 700m south-east of the PDM gold discovery and 1.3km north-west of the Central gold deposit within the Cuiú Cuiú gold district. (Figure 1). Mutum, PDM and Central are all located within a north-west trending corridor defined by anomalous gold-in-soil and auger sampling.Figure 1: Map showing location of Mutum target at Cuiu Cuiu. The Central, MG, and JB gold deposits are also shown together with the PDM, Machichie Main, Machichie NE and Jerimum Cima gold discoveries. The main exploration targets (yellow dots) and distribution of historic placer gold workings (pale yellow outlines) are also shown.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3900/276921_b0c47f7a843748a1_002full.jpgPrevious surface trenching on the eastern side of the Mutum target returned 32m @ 1.0g/t gold, 25m @ 0.9g/t gold and 16.5m @ 0.9g/t gold. In addition, several isolated gold-in-auger anomalies occurred to the south-west of the main Mutum target and include TR031 which returned 3m @ 0.31 g/t gold from 3m depth and TR079 which returned 4m @ 0.89 g/t gold from 6.8m depth.The Mutum target area is characterised by thick soil cover associated with a valley and low gold-in-soil values. Thus far it has not been a high priority for follow up and has never been previously drill-tested. The regional airborne magnetic data also revealed no obvious targets in this area.However, recent drilling at the PDM target located 500m NW of Mutum, including drill results of 23m @ 4.7 g/t gold (See press releases dated September 25, 2025 and October 22, 2025), and the recognition that PDM is very likely a significant gold deposit in its own right, has led to a re-examination of the area between PDM and Central. Specifically, the Company conducted a drone magnetic test survey at Mutum with the objective of acquiring higher resolution magnetic data by flying significantly closer to the ground than the previous fixed wing airborne magnetic survey, which was flown at a constant height. The objective of the test survey was to determine whether it would be possible to map geological structures with the drone magnetic system.The results from the drone magnetic survey were striking and significantly exceeded our expectations. The t