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Serra Energy Metals Corp C.SEEM

Alternate Symbol(s):  ESVNF

Serra Energy Metals Corp. is a Canada-based company, which is focused on the exploration and development of green metal projects, primarily in Brazil. The Company’s main interest lies in the exploration of nickel, copper, cobalt, and lithium, with an emphasis on identifying and investigating exploration targets that are drill-ready and are situated near infrastructure. The Company operates in Brazil, a rising hub for green metals with numerous active copper, nickel, and lithium mines. Its Santa Luz Property comprises four mineral tenements covering approximately 8,000 hectares in Bahia state, Brazil. The tenements, which contain pegmatites, have the potential to host spodumene mineralization. The Santa Luz tenements are located approximately 20 kilometers (km) northwest of the city of Santa Luz and 273 km from the city of Salvador on the coast of Brazil. The property is also located 25 km southwest of Equinox Gold Corp.’s producing Santa Luz gold mine.


CSE:SEEM - Post by User

Comment by AlwaysLong683on Aug 23, 2021 11:20am
79 Views
Post# 33748341

RE:Now that they are drilling tight to the high grade hole...

RE:Now that they are drilling tight to the high grade hole...War, like I mentioned in my last post, an alternative theory would be that they had to cease drilling operations shortly after their Aug. 9 PR because of a lockdown in Victoria.

If this is the case, I think stating as much in a new PR would actually help the share price and calm any investor anxiety.


In their last go-around:

March 29 PR: started drilling at Happy Valley

April 6 PR: reported VG in hole HVD002

April 27 PR: reported VG in hole HVD003.


This time:

Aug. 9 PR: Phase 2 Drilling underway.


No PR issued since, so either early drilling has not produced VG of any significance, or, like I stated, drilling operations may have been stopped.

If it`s the former, they`re just doing what other gold explorers do - not mentioning lack of VG if the don`t see it, and waiting for assay results to come back from the lab (which could take a couple of months or more).

We shall see.




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