Increases Total Mineral Inventory: Provides Results of Updated Mineral Resource and Reserves
Serabi Gold Plc , the Brazilian focused gold mining and development company, is pleased to announce updated Mineral Reserve estimates and Mineral Resource estimates for its Palito Mine, prepared in accordance with the standard of CIM and Canadian National Instrument 43-101, with an effective date of 1 April, 2025 as outlined below . HIGHLIGHTS Proven and Probable Reserves totalling 162,600 ounces compared to 206,400 ounces in July 2023. Reserve life is equivalent to over six years of operations at current production levels, without considering conversion of additional mineral resources. Measured and Indicated Resources of 388,400 ounces of contained gold , a 3% increase compared to 377...