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Serabi Gold Ord Shs T.SBI

Alternate Symbol(s):  SRBIF

Serabi Gold plc is a United Kingdom-based gold mining and development company. The Company is focused on the evaluation and development of gold projects in Brazil. The Company’s projects include Palito Gold Mine, Sao Chico Gold Mine, Coringa Gold Project, and Tapajos Regional Exploration, and Jardim do Ouro District. The Company’s Palito Gold Mine Project is located in the Tapajos region, in the southwest of the State of Para in northern Brazil. The Sao Chico Gold Mine Project is located approximately 30 kilometers to the southwest of the Palito mine and accessed by road from Palito along the Transgarimpeiro Highway through the town of Jardim do Ouro. The Company is developing the Coringa Gold Project, which is also located in the Tapajos region. Coringa Gold Project is located in north-central Brazil, in the State of Para, 70 kilometers southeast of the city of Novo Progresso. The Tapajos Regional Exploration of Brazil covers an area of 100,000 square kilometers (km2).


TSX:SBI - Post by User

Post by paco01on Feb 12, 2024 11:15am
45 Views
Post# 35875510

Serabi: Commencement of Trading OTCQX

Serabi: Commencement of Trading OTCQXTwo new announcements today.
Commencement of trading on OTCQX today and
New Serabi website. Extracts below:


https://www.serabigold.com/

Our Strategy

Double production to 60,000koz pa Au by end 2025.
Become a 100-200koz pa Au producer within 3-5 years by:
leveraging our extensive exploration portfolio
capitalising on management’s proven track record of successfully developing and operating mines in Brazil
engaging in strategic M&A

Near Term Growth

Coringa will nearly double consolidated production by Q4-2025/Q1-2026E at a low capital cost of $15m
Near mine exploration at Palito and Coringa to target 1Moz Au resource at each project
84,000ha exploration tenements in highly prospective and under-explored Tapajs gold district
Exploration Alliance with Vale provides exposure to copper exploration and development
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