Serabi Gold has released their Q1 operating update this morning. Q1 production came in at 10.0koz, slightly below our estimate, but still a strong quarter with a net cash generation of $4.3m. Palito had a good quarter with grades consistently above 6g/t QoQ, while Coringa continues to perform well and ramp up. The ore-sorter at Coringa had its first full quarter of operations, under which commissioning and optimisations were performed, and we note low grade stockpiles were used during the optimi ....
