Last checked at 14 Jun 2024 07:22
Serabi Gold "very optimistic" for rest of 2024; hails Coringa activity
(Alliance News) - Serabi Gold PLC on Thursday told its annual general meeting it as on track to achieve production guidance for 2024.
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Tue, 30th Oct 2018 09:20
(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold updated the market on its operational and exploration activities from its Palito Complex in the Tapajos region of Para State in northern Brazil on Tuesday, reporting third quarter production of 8,101 ounces of gold, with production for the year to date totalling 26,852 ounces.The AIM-traded firm said it saw the highest level of mined tonnage for the year during the quarter, with a total of 42,725 tonnes at 6.23 grams per tonne of gold.A total of 41,405 tonnes of run of mine ore was processed through the plant from the combined Palito and Sao Chico orebodies, with an average grade of 6.11 g/t of gold - a 9% improvement in throughput rates compared with the second quarter.The company said an additional 6,825 tonnes of historical tailings were processed through the leaching circuit at a grade of 3.5 g/t of gold.It also reported the highest quarterly total of horizontal mine development in 2018, with 2,814 metres completed.On the exploration and development front, the firm completed a 4,343 line kilometre airborne HeliTEM electromagnetic (EM) and magnetic survey.It also reported the completion of 80 line kilometres of a terrestrial induced polarisation (IP) geophysical survey.A total of 4,237 metres of surface exploration drilling was completed over the Sao Chico deposit, which successfully intersected the strike extension of the Sao Chico orebody up to 300 metres west of the current mine limit.The firm also reported 1,520 metres of surface drilling at the Palito deposit, targeting the north extension of the main G3 vein, with the most significant intersection recording 19 g/t of gold over a width of 0.55 metres.Serabi began surface drilling at Coringa during the period, in preparation for a new mineral resource update to be issued in the first quarter of 2019.It also confirmed the start-up of portal development and underground access at Coringa."This third quarter has been very encouraging," said chief executive officer Mike Hodgson."We have had some excellent exploration success at Sao Chico and Palito, completed the excavation of the mine portal at the recently acquired Coringa project, and enjoyed a solid third quarter of production from our Palito Complex mining operations, with 8,101 ounces of gold produced and total gold production for the year to date totalling 26,852 ounces."Hodgson said the exploration results to date had been "excellent", and that - alongside steady gold production - meant that the company had another positive quarter."With the rigs turning at Sao Chico and Coringa, and the imminent results from our airborne geophysics survey I anticipate that Serabi will continue to make significant progress and I look forward to providing further updates in the coming months."
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13 Jun 2024 14:40
Serabi Gold on track to meet production guidance
(Sharecast News) - Brazil-focused gold miner Serabi Gold has reiterated full-year production targets after an acceleration of activity at its Coringa project as the production ramp-up continues.
Read more6 Jun 2024 14:52
UK shareholder meetings calendar - next 7 days
| Friday 7 June | |
| Property Franchise Group PLC | AGM |
| Trident Royalties PLC | AGM |
| TruSpine Technologies PLC | AGM |
| Monday 10 June | |
| Aterian PLC | AGM |
| Griffin Mining Ltd | AGM |
| Lok'n Store Group PLC | GM re takeover by Shurgard |
| Onward Opportunities Ltd | AGM |
| Oxford Nanopore Technologies PLC | AGM |
| Pan African Resources PLC | GM re capital reduction |
| Tuesday 11 June | |
| Ebiquity PLC | AGM |
| Flowtech Fluidpower PLC | AGM |
| MaxCyte Inc | AGM |
| Mobico Group PLC | AGM |
| Newbury Racecourse PLC | AGM |
| Nightcap PLC | GM re fundraise |
| Phoenix Digital Assets PLC | GM re up to GBP33.7 million fundraise |
| Tirupati Graphite PLC | GM requisitioned by Walpole St Andrews Nominees |
| Tortilla Mexican Grill PLC | AGM |
| Tufton Oceanic Assets Ltd | EGM |
| Wednesday 12 June | |
| Advanced Medical Solutions Group PLC | AGM |
| Alina Holdings PLC | AGM |
| Aquila Energy Efficiency Trust PLC | AGM |
| Aurora Investment Trust PLC | AGM |
| BioPharma Credit PLC | AGM |
| Brighton Pier Group PLC | AGM |
| Digital 9 Infrastructure PLC | AGM |
| EPE Special Opportunities Ltd | AGM |
| Foresight Solar Fund Ltd | AGM |
| Star Energy Group PLC | AGM |
| Thursday 13 June | |
| Beacon Rise Holdings PLC | AGM |
| Christie Group PLC | AGM |
| Everyman Media Group PLC | AGM |
| Hochschild Mining PLC | AGM |
| Iofina PLC | AGM |
| Jadestone Energy PLC | AGM |
| Panther Metals PLC | AGM |
| Pollen Street Group Ltd | AGM |
| Poolbeg Pharma PLC | AGM |
| Serabi Gold PLC | AGM |
| Smurfit Kappa Group PLC | GM re WestRock deal |
| Sound Energy PLC | AGM |
| Starwood European Real Estate Finance Ltd | AGM |
| Comments and questions to newsroom@alliancenews.com | |
| A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. | |
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Serabi Gold renews trial licence for Coringa
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Read more31 Jan 2024 11:36
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Serabi Gold upbeat on latest exploration at Matilda
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Serabi swings to third-quarter profit as production grows
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