The Secret of SERABI GOLD PLC (LON: SRB) READY TO RISE AND SHINE IN 2020
Serabi Gold Plc (LON: SRB) News Update
The company announced an important outcome of its ongoing surface and underground exploration diamond drilling programme on January 6, 2020. The programme was conducted at company’s Palito Mining Complex, over the Sao Chico orebody.
Drilling programme result: (During Q4 2019)
In the initial part of Q4 of 2019, to test the east and west continuity of the Sao Chico orebody, a 9,600-meter (step-out) drilling programme was started.
Drilling on the west side, the company struck ore grades of 21.03 g/tonne and 15.39 g/tonne from holes 19-SCUD-219 and 248 respectively.
Drilling on the east side, the company struck ore grades of 16.61 g/tonne and 27.35 g/tonne from holes 19-SC-143 and 142 respectively.
Drilling further 100 metres deep into the current Sao Chico, ore-body, the company struck ore grades of 34.42 g/tonne and 114.49 g/tonne from holes 19-SCUD-284 and 19-SCUD-274 respectively.
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