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Coringa Project Public Hearing and Palito ore s...
Coringa Project Public Hearing and Palito ore s....
About this update from Serabi Gold Plc
[{"type":"text","content":"\n Coringa Project Public Hearing and Palito ore sorter commissioning updateFor immediate release 10 February 2020Serabi Gold plc(“Serabi” or the “Company”)Coringa Project Public Hearing and Palito ore sorter commissioning updateSerabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold exploration and mining company is pleased to announce that the much-awaited Public Hearing for its Coringa Project, successfully took place on 6 February 2020. In addition, the Company is also pleased to report that commissioning of the newly installed ore sorter at the Palito Complex is now well underwayCoringa Project Public Hearing The Company is pleased to advise that the Public Hearing for its Coringa Gold Project took place, as planned, in Novo Progresso, Para on Thursday, 6 February 2020. The meeting had been convened by SEMAS, the state environmental authority for Para and was also attended by representatives from the ANM (the Brazilian national mining authority), SEASTER (State Secretary for Social Assistance, Employment and Income) and SEDEME (State Secretary for Economic Development of Mining and Energy). The meeting was attended by approximately 600 people and lasted for approximately five hours and passed-off as expected. The Company believes that the various government bodies, having visited Serabi’s current operations immediately prior to the Public Hearing, formed a positive view of the Company and its proposals for progressing the Coringa Project.The next steps will be for SEMAS to present a recommendation to the State Environmental Council of Para (“COEMA”), which is the legislative body that will give final approval for the award of the Licençia Previa. The Company expects that the decision of COEMA will be made within the next two months.Ore sorter commissioning Commissioning of the Palito Complex ore sorter is now well underway. Full-scale trials on the Palito ore have been ongoing since 8 January and representatives from Comex, the manufacturer, have been present on site. The focus has been on passing low grade Palito development ore through the ore sorter, which by its nature is the plant feed that contains most waste rock and is therefore consuming vital plant capacity that could be otherwise used to treat other h...