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Visible gold with intersection of 7.2m at 258g/...
Visible gold with intersection of 7.2m at 258g/....
About this update from Serabi Gold Plc
[{"type":"text","content":"\n \n \n Visible gold with intersection of 7.2m at 258g/t gold underpins further exploration success at São Domingos.\n \n \n \n \n For immediate release\n \n 7 April 2021\n \n Serabi Gold plc\n (“Serabi” or the “Company”)\n \n \n Visible gold with intersection of 7.2m at 258g/t gold underpins further exploration success at São Domingos.\n \n Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to announce highly encouraging exploration drilling results from the Toucano trend at its São Domingos project, as well as very encouraging results from its regional geochemical survey also at São Domingos. \n \n A PDF version of this announcement, including all images, can be accessed using the following link - https://bit.ly/31UTcdv\n \n \n Highlights\n \n \n Visible gold was identified in hole 21-SD-010 which returned a number of intersections including 7.15 metres at 258.24 grammes per tonne (“g/t”) of gold.\n Drilling on the Toucano trend at São Domingos has intersected three mineralised structures, all hosted within a mineralised alteration zone with a true width of 50 metres.\n Mineralisation is confirmed along at least a 400 metre strike length and remains open at depth and along strike.\n Significant new results received include.\n \n \n 21-SD-010 – 7.40m @ 1.95/t Au from 141.00m, including 1.90m @ 5.12g/t Au\n 21-SD-010 – 7.00m @ 9.68g/t Au from 151.55m, including 1.40m @ 26.24g/t Au\n 21-SD-010 – 7.15m @ 258.24g/t Au from 172.85m, including 3.55m @ 519.45g/t Au\n 21-SD-005 – 0.80m @ 89.03g/t Au from 140.00m\n 21-SD-005 – 4.70m @ 1.42g/t Au from 76.00m\n 21-SD-003 – 0.50m @ 6.22g/t Au from 42.00m\n 21-SD-003 – 1.80m @ 3.77/t Au from 67.25m\n \n \n A Soil Sample geochemical survey, undertaken in the eastern area of the São Domingos tenement that runs into the western part of the Sao Chico Mining License, has defined multiple areas of anomalous gold in soils. These gold in soil anomalies are coincidental with and supported by other multi-element anomalies.\n \n \n Mike Hodgson, CEO of Serabi, commented:\n \n “These are an excellent set of further results and follow up on the maiden press release for exploration at São Domingos issued on 22 January 2021. Holes 21-SD-003 and 21-SD-010, togethe...