RE: Not bad then4 Mar 2026 07:59
Production data is typically reported combined for the Palito Complex (Palito main mine + satellite deposits like São Chico), but São Chico-specific contributions are noted in various reports, news, and company updates:2015: Early ramp-up phase; São Chico contributed smaller amounts (e.g., ~783 ounces in Q2 2015, with initial gallery production starting in June). Grades were reported around 4.58 g/t gold in early ore.
2010s overall (post-restart): São Chico helped support the complex's annual run-rate of 30–40koz (thousand ounces) gold, with higher grades from its veins (often 10–30 g/t in narrow veins, though blended lower when processed).
Up to 2022: São Chico was actively mined and contributed meaningfully (e.g., in some quarters, it had the highest grades in the complex, such as 12.64 g/t in one early period, though it represented ~30% or less of total ore tonnage).
2023: Mining suspended at the end of Q1 2023; production shifted to Coringa (which replaced São Chico's contribution). São Chico placed on care and maintenance due to lower priority (lower amenability/grades relative to other ores).
Post-2023: No significant production from São Chico (complex focused on Palito and Coringa). Total complex production reached record levels without it:2024: Not specified per mine, but overall growth trajectory.
2025: Record 44,169 ounces total for the company (from Palito ~20,158 oz + Coringa ~24,010 oz).
2026 outlook: Guidance 53,000–57,000 ounces total (ramping toward 60,000+ by year-end). Potential São Chico restart discussed to help push toward 70,000–80,000 oz annually in coming years, leveraging current high gold prices.
Grades and RatesSão Chico is known for high-grade narrow-vein mineralization (typical grades 10–30 g/t Au in veins, with some higher "blowouts"; true widths often 0.5–1.0 m).
When processed (blended with other ores), effective recovery and output rates have been lower priority compared to richer sources.
No large historical cumulative total is widely cited for São Chico alone (unlike major Brazilian historical mines), as it's a relatively recent satellite operation with artisanal history but limited industrial output before Serabi.
For the most detailed year-by-year breakdowns (including exact São Chico contributions where separated), refer to Serabi Gold's official annual/interim reports, production updates, or investor presentations on their website (serabigold.com). Recent filings (e.g., 2024/2025 annual reports) emphasize the complex's overall growth and potential restart economics for São Chico. If you're seeking data for a specific year or metric (e.g., ounces per year, grade trends), let me know for more targeted details!
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