For thousands of other reports visit RSC's Mineral Intellingence Map
Serabi Gold Plc
Summary
| Project: | Tapajos | |
|---|---|---|
| Deposit: | Palito | |
| Location: | Brazil | |
| Commodities: | Gold-Copper | |
| Date: | 8/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-8-2018: Serabi Gold Plc announces an Exploration/Drilling Update report for its Palito deposit at the Tapajos project. Drilling results incl. 2.0m @ 33.76g/t Au from 76.75m. Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and deve | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Micheal Hodgson (Internal) | |
| ABSTRACT: | Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to announce the results from its ongoing exploration programmes being undertaken at its operations in the Tapajos. Mike Hodgson, CEO of Serabi, commented:I am delighted to announce these positive results from our ongoing exploration programmes. The results, which include multiple, newly identified, high grade gold intersections on the G3 ore zone, indicate this vein’s further continuity. The vein is now established over a one and a half kilometre strike length, and this recent drilling indicates the vein remains open to the south and reinforces our belief that the Palito orebody will ultimately extend and be continuous with the Currutela Prospect. Additionally, the success of this exploration drilling has helped to identify the longer term production potential of the Palito Complex.“On the Sao Chico orebody we have concentrated on drilling the geophysical anomalies identified in 2016, and have intersected mineable grade and widths, which suggest a parallel ore zone. Drilling is continuing there. “These ongoing drill programmes on both the Palito and Sao Chico orebodies are focussing on strike extensions of the main veins and are designed to provide the Company with organic growth opportunities. Serabi is also carrying out wider, regional exploration activities including both airborne and ground-based geophysical surveys and soil geochemical sampling.“I look forward to updating the market on the continued progress of our exploration programmes in due course.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report