Serabi Gold updatehttps://www.stockhouse.com/news/press-releases/2013/12/09/serabi-gold-plc-serabi-or-the-company-serabi-on-schedule-to-commence LONDON, Dec. 9, 2013 (GLOBE NEWSWIRE) -- Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold exploration and development company is pleased to announce a further operational update on its Palito gold mine. The Company continues to make good progress as the development of the Palito mine and process plant reaches the final stages before going into production the first quarter of 2014. [A PDF version of this release including pictures can be accessed using the following link - https://hugin.info/137617/R/1748397/588869.pdf ] Highlights: • Development mining is now underway on four main levels, including the next planned production level 84m. The Palito Main Zone veins at this level have already been intersected, with mineable grades and widths (30 grams per tonne of gold over 1.0m mining width) significantly in excess of the mine plan grades. • High grade selective stoping continues on the numerous remnant blocks in the upper levels of the Palito Main Zone between the 126m(1) and the 210m(1) levels. • Levels 163m(1) and 114m(1) are now being driven south beyond the resource limit and continue to follow excellent high grade mineralisation over mineable widths. • The surface ore stockpile has now reached 25,000 tonnes @ 7.5 grams per tonne of gold. • Electrical installations at the mine and plant are complete, with new high voltage sub-stations installed and low voltage control rooms competed. • The Crushing plant is fully operational. • The Gravity plant is built and the manufacturer at site for commissioning and calibration. • The Flotation plant is 90per cent complete, with final electrical installations underway. • Final installations in the new gold room are ongoing. • Initial plant commissioning remains on schedule for mid-December. VIDEOS SHOWING CURRENT OPERATIONAL ACTIVITIES CAN BE VIEWED USING THE FOLLOWING LINK – https://www.serabigold.com/webcasts.cfm