Serabi Gold (GB:SRB) has released an update.
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Serabi Gold has announced promising results from an updated Preliminary Economic Assessment for its Coringa Gold Project in Brazil, revealing improved project economics with a significant increase in net present value (NPV) from $31M to $145M. The assessment predicts an average annual production of 36,000 ounces of gold from 2026 to 2031, with a life-of-mine average all-in sustaining cost of $1,241 per ounce. These developments are part of Serabi’s strategic growth plan, which includes leveraging existing infrastructure to optimize returns and minimize capital expenditure.
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