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Drilling update - Positive drill intersections ...
Drilling update - Positive drill intersections ....
About this update from Serabi Gold Plc
[{"type":"text","content":"\n \n\n\n\n\n\n\n SERABI MINING plc\n\n (\"Serabi\" or \"the Company\")\n\n Drilling update - Positive drill intersections continue at Currutela\n\nSerabi Mining plc (AIM:SRB, TSX:SBI and SBI.WT), the Brazilian focused gold\nexploration Company, is pleased to announce further results from its ongoing\nPhase 1 discovery drilling campaign from the Currutela prospect at the 100%\nowned Jardim do Ouro project in the Tapajos region.\n\nAssay results have been received for a further five completed holes on the\ntarget. Drilling continues to intersect multiple zones of hydrothermally altered\ngranite, similar to previously reported Currutela intercepts (as announced on\n13 June 2011) and to those hosting mineralisation at the Palito gold deposit\nalong strike.\n\nA number of promising assays have been returned to date as set out in the table\nbelow:\n\n\n\n+------------------------------------------------------------------------------+\n| Hole |\n| Hole East North RL Depth Dip/Azm From To Width Au |\n| |\n|  (UTM) (UTM) (UTM) (m)  (m) (m) (m) g/t |\n+------------------------------------------------------------------------------+\n|PDD0467 635534.93 9300085.46 202.97 253.75 -51/211 100.03 101.23 1.20 1.84|\n| |\n|       127.08 127.58 0.50 0.72|\n| |\n|       166.00 166.88 0.88 1.23|\n+------------------------------------------------------------------------------+\n|PDD0468 635422.54 9300311.02 248.3 352.45 -51/208 284.32 285.25 0.93 1.01|\n+------------------------------------------------------------------------------+\n|PDD0469 635330.30 9300138.32 213.37 250.5 -58/027 209.07 210.27 1.20 6.39|\n| |\n|       216.76 217.61 0.85 1.66|\n+------------------------------------------------------------------------------+\n|PDD0471 635274.69 9300049.93 188.36 154.7 -59/026 39.21 40.21 1.00 0.50|\n| |\n|      55.85 56.88 1.03 5.10|\n+------------------------------------------------------------------------------+\n|PDD0472 635455.74 9299954.89 186.81 243 -60/030 No significant Assays |\n+------------------------------------------------------------------------------+\n\n\n\nAssay intercepts are calculated based on a minimum weighted average grade of\n0.5g/t Au us...