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Sao Domingos Exploration Confirms Depth and Str...
Sao Domingos Exploration Confirms Depth and Str....
About this update from Serabi Gold Plc
[{"type":"text","content":"\n \n \n Sao Domingos Exploration Confirms Depth and Strike Continuity of Mineralisation\n \n \n \n \n For immediate release\n \n \n 8\n June\n 2021\n \n \n Serabi Gold plc\n (“Serabi” or the “Company”)\n \n \n Sao Domingos Exploration \n Confirms Depth and Strike Continuity\n of \n Mineralisation\n \n Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to update the market on exploration drilling results from the Toucano Zone at the Sao Domingos project. Sao Domingos lies to the west and along strike of Serabi’s Sao Chico deposit.\n \n A PDF version of this announcement, including all images, can be accessed using the following link \n \n https://bit.ly/3cl6l4X\n \n \n \n Highlights\n \n \n Drilling on the Toucano Zone has continued to successfully confirm depth and strike continuity of several of the high-grade lodes previously reported on 7 April 2021.\n Hole 21-SD-012 is the deepest hole drilled yet under the Toucano pit and it confirmed the broad alteration zone continues a further 50 metres below the previously reported high-grade intercepts from drill hole 21-SD-010 (news release dated 7 April 2021).\n Significant results in 21-SD-012 include, 21-SD-012 – 3.25m @ 2.91 g/t Au from 192.75m21-SD-012 – 3.75m @ 7.95 g/t Au from 208.80m21-SD-012 – 0.70m @ 6.63 g/t Au from 222.30m21-SD-012 – 0.80m @ 7.00 g/t Au from 236.30m\n Holes 21-SD-013, 014 and 015 were all drilled 250 metres further north, and continued to intersect a broad 40 metre wide alteration zone containing multiple vein lode structures along strike. These holes are all below the Raimundo artisanal pit, 250 metres to the north-east of the Toucano artisanal pit. These holes also intersected additional parallel structures, north and south of the alteration halo. \n \n With the initial phase of drilling at the Toucano Zone complete, the drill rig has been mobilised to assess the Atacadão prospect where historic exploration around significant artisanal activity identified a series of highly prospective targets worthy of follow-up. While the Atacadão Phase One drilling is being undertaken, access and drill pads will be prepared for infill and step-out drilling on the Toucano Zone.\n \n Mike Hodgson, CEO of Serabi, commented:\n \n “It is very pleasing that the drilling at the Toucano Zone continues to demonstrate the ...