Coringa Project Update
Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to provide an update on progress at its Coringa project(“the Project”) located in the Tapajos region of Para, Brazil.
- Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to provide an update on progress at its Coringa project(“the Project”) located in the Tapajos region of Para, Brazil.
- “As previously advised, we produced 1,103 ounces from Coringa during the period July 2022 to December 2022 by trucking high grade ore from Coringa to our Palito operation for processing.
- Ore sorting test work on the Coringa ore has produced excellent results with between 45% and 50% reduction in the mass needing to be processed.
- Despite this, land possession in the area where the Coringa Project is located has been subject to various challenges over the years.