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Share Price Information for Serabi (SRB)

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Share Price: 63.50
Bid: 62.00
Ask: 65.00
Change: 0.50 (0.79%)
Spread: 3.00 (4.839%)
Open: 63.00
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Low: 63.00
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Serabi Mining Exploration Program Focused On Palito

Tue, 29th Jun 2010 09:02

LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN) said Tuesday the current exploration program is focused on a number of promising geophysical anomalies highlighted by the 2008 airborne VTEM survey and subject to finalizing a drill contract and mobilizing, it will undertake an estimated 7,500 meters of diamond drilling on these targets over the remainder of the year. MAIN FACTS: -All of these anomalies lie within three kilometers of the existing Palito mine and plant. -With section lines spaced 100 meters to 200 meters apart this initial drill program is targeted only at discovery and, if successful, further drilling will be required before any discovery can be classified as a resource. -The five zones identified are located to the north-east, south-west and south-east of the established Palito resources. -The geophysical results for the areas to the south-west and south-east along strike are indicative of bodies that are potentially larger than Palito itself. -Views Palito as also having a potentially important strategic position, located, as it is, close to the main north-south highway of the region and with access to an established power grid. -Pleased to conclude a GBP3.6 million share subscription with Eldorado at 3 pence per share earlier this month, who as a result now have a 26.8% interest in Serabi. -Confident that both the suspension and fine placed upon Serabi Mineracao Limitada will be lifted in the near future. -Shares at 0800 GMT up 0.1 pence, or 2.4%, at 2.2 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires June 29, 2010 04:02 ET (08:02 GMT)
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12 Feb 2019 09:10

Serabi Gold employee dies after accident at Brazilian mine

(Sharecast News) - Mining outfit Serabi Gold revealed that an employee at its Palito gold mine in Brazil had died following an accident at the site.

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30 Jan 2019 10:30

Serabi Gold upbeat on outcome of recent drilling

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced on Wednesday that exploration drilling conducted on its wholly-owned Coringa gold project returned multiple high-grade gold intersections on the Serra, Meio and Galena ore zones of the deposit.

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17 Jan 2019 09:48

Serabi Gold ends year on high with record quarterly production

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold released the results and a review of its fourth quarter operational and exploration activities in the Tapajos region of Para State in northern Brazil on Thursday, reporting fourth quarter gold production of 10,256 ounces of gold.

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28 Nov 2018 15:53

Serabi Gold excited by survey results at Sao Chico

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced the completion of a terrestrial induced polarisation (IP) geophysical survey on Wednesday, covering the strike extent of the Sao Chico structural corridor, with a number of "significant" chargeability anomalies identified.

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30 Oct 2018 09:20

Serabi Gold makes good progress in northern Brazil

(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.

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20 Sep 2018 10:51

Serabi Gold appoints Roney Almeida to new COO position

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold announced the appointment of Roney Almeida to the newly-established position of chief operating officer on Thursday.

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23 Jul 2018 15:04

Serabi Gold pleased with second quarter progress

(Sharecast News) - Brazil-focussed gold mining and development company Serabi Gold reported gold production of 9,563 ounces for the second quarter of 2018 at its Palito Complex high grade gold operation in the Tapajos region of Para State, Northern Brazil on Monday.

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20 Jun 2018 10:21

Serabi Gold Reports Fatal Accident At Sao Chico Mine In Brazil

LONDON (Alliance News) - Serabi Gold PLC on Wednesday reported a fatality at its Sao Chico Mine in Brazil in a mining-related accident.The gold exploration company said the fatality the of

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23 Jan 2017 08:55

Serabi Gold Beats 2016 Production Guidance Despite Dip In 4th Quarter

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14 Nov 2016 12:36

Serabi Gold third quarter revenue almost doubles

(ShareCast News) - Brazil-focused gold mining and development company Serabi Gold reported record gold production for the third quarter of 2016, and cash costs of production for the year to date of $772 per ounce on Monday. The AIM and TSX traded firm reported revenue of $16.21m for the three months

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17 Oct 2016 12:27

Serabi Gold reaches record Q3 production at Brazil mines

(ShareCast News) - AIM-listed miner Serabi Gold reached record production for the third quarter at its two Brazil mines. The Palito and Sao Chico gold mines in Para State, northern Brazil reported a record quarterly gold production of 10,233 ounces for the third quarter, up from 9,896 ounces in the

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12 Aug 2016 08:19

Serabi Increases Profit On Higher Production, Prices And Lower Costs

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18 Jul 2016 09:06

Serabi Gold Keeps Guidance As Palito, Sao Chico Production Edges Up

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16 Jun 2016 11:43

Serabi Gold 'well on track' to full-year targets

(ShareCast News) - Brazil-focused gold mining and development company Serabi Gold held it annual general meeting on Thursday morning, with CEO Mike Hodgson telling investors that production for the second quarter at the Palito and Sao Chico mines was following the positive trends set in the first qu

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16 Jun 2016 11:20

EXTRA: Serabi Maintains Positive Production Trend In Second Quarter

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