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Update on Recent Incidents at Palito Complex ...
Serabi Gold plc has provided an update confirming that mining and milling operations at its Palito Complex and Coringa Mine were not interrupted by recent incidents and continue to progress on budget. The company has complied with all relevant agency protocols and is supporting affected families and staff, while also conducting an internal review of safety procedures. The company's assay results from its Palito laboratory show an average over-estimation of 6.7% compared to independent laboratories for grades exceeding 1 g/t gold since mid-2019. Disclaimer*
About this update from Serabi Gold Plc
[{"type":"text","content":"\n\n \n \n\n Update on Recent Incidents at Palito Complex and Coringa Mine\n\nUpdate on Recent Incidents at Palito Complex and Coringa Mine Serabi Gold plc (“Serabi” or the “Company”) (AIM:SRB, TSX:SBI, OTCQX:SRBIF), the Brazilian focused gold mining and development company, provided the following update regarding last week’s incidents at Palito Complex and Coringa mine. The Company confirms that mining and milling operations were at no point interrupted and continue to progress according to budget. The Company has complied with protocols of all relevant agencies and authorities regarding the incidents and continues to provide support to the families of those affected and staff during this time. Serabi remains committed to the health and safety of all employees and is well-advanced with an internal review of relevant procedures to ensure we continue to provide a safe and supportive workplace for everyone. About Serabi Gold plcSerabi Gold plc is a gold exploration, development and production company focused on the prolific Tapajós region in Para State, northern Brazil. The Company has consistently produced 30,000 to 40,000 ounces per year with the Palito Complex and is planning to double production in the coming years with the construction of the Coringa Mine. Serabi Gold plc recently made a copper-gold porphyry discovery on its extensive exploration licence. The Company is headquartered in the United Kingdom with a secondary office in Toronto, Ontario, Canada. The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. The person who arranged for the release of this announcement on behalf of the Company was Andrew Khov, Vice President, Investor Relations & Business Development. Enquiries SERABI GOLD plcMichael Hodgson t +44 (0)20 7246 6830Chief Executive m +44 (0)7799 473621 Colm Howlin Chief Financial Officer m +353 89 6078171 Andrew Khov m +1 647 885 4874Vice President, Investor Relations...