Business
Update on Palito Drilling Programme
Update on Palito Drilling Programme.
About this update from Serabi Gold Plc
[{"type":"text","content":"\n \n\n\n\n\n Serabi Mining Plc\n (\"Serabi\" or the \"Company\")\n\n Update on Palito Drilling Programme - Drilling expected to commence in early\n December\n\n\nThe Board of Serabi Mining plc, the AIM-traded gold exploration company, is\npleased to advise that it anticipates that its proposed 7,500 metre discovery\ndrilling programme over the previously advised 9 target areas will commence in\nearly December.\n\nThe Company's preferred contractor is in the process of importing an additional\ndrill rig and upon clearance will then be able to mobilise a crew and other\nequipment to Palito to commence the programme.\n\n\nMike Hodgson, Chief Executive, commented:\n\n\"We are delighted to have a clear timetable to now work to and pleased that we\nare now in the position to get the programme underway. We would anticipate that\nthe first drilling results will be available early in 2011\"\n\n\nA map showing the drill target locations is attached to this release\n\nEnquiries:\n\nSerabi Mining plc\nMike Hodgson Tel: 020 7246 6830\nChief Executive Mobile: 07799 473 621\n\nClive Line Tel: 020 7246 6830\nFinance Director Mobile: 07710 151 692\n\nEmail: [email protected]\nWebsite: www.serabimining.com\n\nBeaumont Cornish Limited\nNominated Adviser\nRoland Cornish Tel: 020 7628 3396\nMichael Cornish Tel: 020 7628 3396\n\nHybridan LLP\nBroker\nClaire Noyce Tel: 020 7947 4350\n\nFarm Street Communications\nPublic Relations\nSimon Robinson 07593 340107\n\nCopies of this release are available from the company's website\nwww.serabimining.com.\n\n\n[HUG#1455174]\n\n\n\n\n\nDrill Target Locations: \n\n\nhttp://hugin.info/137617/R/1455174/395171.jpg\n\n\n\n\nThis announcement is distributed by Thomson Reuters on behalf of \nThomson Reuters clients. The owner of this announcement warrants that: \n(i) the releases contained herein are protected by copyright and \n other applicable laws; and \n(ii) they are solely responsible for the content, accuracy and \n originality of the information contained therein. \n \nSource: Serabi Mining plc via Thomson Reuters ONE\n \n\n\n\n \n ","length":2283,"tagName":"div"}]