RE: Last 6 months2 Jan 2024 14:12
Only 75.73m shares are in issue so it only takes a few buys to raise the sp. Probably a rerating soon of £1-30 +. I reckon 2024 will be their year of exciting times. See that today's rise of 9 - 10% is showing no trades so maybe some news soon, or maybe it has been tipped. An interesting bullish news report follows. ..........
PRESS RELEASE 19 DECEMBER 2023
SERABI GOLD plc (“Serabi” or “the Company”)
SERABI GOLD PLC
The Long Barn, Cobham Park Road, Downside, Surrey KT11 3NE This document is not intended to and does
t +44 (0)20 7246 6830 f +44 (0)20 7246 6831 e contact@serabigold.com www.serabigold.com not amount to an invitation or inducement to
Registered Office 66 Lincoln’s Inn Fields, London, WC2A 3LH Company Number 5131528 subscribe for shares in Serabi Gold plc
“Additionally, the discovery of new potential porphyry systems at Ganso and Cinderela, in addition to the other
discoveries in the region, are advancing the Tapajos province as an emerging copper province in the north of Brazil,
and Serabi’s land package and quality data puts us in an ideal position to take advantage of this. Mike Hodgson CEO commented.
“We are excited about the positive results we have received from the Matilda prospect and to intersect porphyry
mineralisation in 12 out of 19 holes is a very encouraging indeed. The drilling has continued to expand our geological
understanding of the system.
“We believe that the Matilda prospect is still in its infancy and has much more to deliver. Typically, first stage drilling
into porphyry systems would be in the region of 15,000-20,000 metres, so we are delighted with these results after
just 7,500 metres. The drilling indicates the copper potential remains open along the strike and at depth, especially
because of results received for the recent holes MT-018 and MT-012. Matilda’s geological characterisation as an
Alkalic Porphyry style system helps guide our exploration strategy and suggests that further results can come from
deeper drilling.
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