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Serabi Gold PLC - London-based Brazil-focused gold miner - Finds porphyry at Matilda prospect in the northern Brazilian state Para. "Assay results from the first-pass three-hole diamond drilling programme into the Matilda prospect confirm the discovery of a copper-silver-molybdenum porphyry system," it explains. Porphyry copper deposits can contain elements such as gold, silver and molybdenum.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
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(Sharecast News) - Brazil-focussed Serabi Gold reported further positive results from its Coringa development project in the Tapajos region of Para State on Wednesday, with initial ore sorting test work confirming amenability to the sorting of Coringa ore, with a "greater than three times" improvement in grade.
Read moreSerabi Gold PLC - London-based Brazil-focused gold miner - Confirms "amenability" to ore sorting with a greater than three times improvement in grade at its Coringa project from initial ore sorting test work. The development project is located in the Tapajos region of Brazil.
Read more(Sharecast News) - Brazil-focussed miner Serabi Gold reported "continued improvement" in its production from its Palito Complex in the Tapajos region of Brazil's Para State on Monday.
Read moreSerabi Gold PLC - London-based Brazil-focused gold miner - Posts increased profit in 2021 on the back of higher gold prices. Pretax profit grows to USD13.1 million from USD10.4 million in 2020. Revenue rises to USD63.1 million from USD55.8 million. Firm sold gold for an average price of USD1,776 per ounce in the year versus USD1,727 in 2020. Cash cost in 2021 rises slightly to USD1,090 per ounce from USD1,075 in 2020. Gold production for April was 2,919 ounces, "the highest monthly level so far in 2022," Serabi says. Gold production in May to be similar, it adds.
Read more(Sharecast News) - Brazil-focussed gold miner Serabi said in an update on Monday that its production in April totalled 2,919 ounces - the highest monthly level so far in 2022.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
Read more(Sharecast News) - Brazil-focussed Serabi Gold reported first quarter gold production at Palito of 7,062 ounces in an update on Tuesday - a 13% reduction year-on-year - as it also trimmed its production guidance for the full year.
Read more(Alliance News) - Serabi Gold PLC shares tumbled on Tuesday, after it announced gold production has taken a hit during the first quarter, consequently lowering its full-year production guidance.
Read more(Sharecast News) - Brazil-focussed developer and miner Serabi Gold updated the market on further positive development from the Palito project on Friday.
Read more(Alliance News) - Serabi Gold PLC on Friday said it has made further progress on its exploration of the Piaui prospect in the Palito project, Brazil, with diamond drilling continuing to define mineralisation.
Read more(Sharecast News) - Brazil-focussed development and mining company Serabi Gold updated the market on its wholly-owned Coringa project in the Tapajos region of Para State on Friday, reporting that underground development had progressed further into the Serra Zone, with all three veins now intersected on at least one level.
Read moreSerabi Gold PLC- Surrey, England-based Gold mining company focused on Brazil - Records further high-grade intersection from underground development at the Coringa mine in Brazil. The V3 vein of the Serra Zone records 12.4 grams per tonne of gold over 0.9 metres on the 320 metre level. Also records 14.6 grams per tonne of gold over 0.4 metres on the 340 metre level. The V1 vein records an assay of 7.8 grams per tonne of gold over 1.3 metres.
Read more(Sharecast News) - Brazil-focussed miner and developer Serabi Gold reported results from its geophysical airborne survey over the Sao Domingos property in the Tapajos region of Brazil's Para State on Tuesday, having completed an additional 1,929 line kilometres of airborne magnetic surveying.
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