Serabi Gold (AIM: SRB, TSX: SBI), the Brazilian-focused gold producer and developer has today released its Q1 production numbers. First quarter gold production was 8.0koz 13% higher YoY (Q1 2022 7.1Koz). This was also slightly ahead of our estimate (7.8koz). The contribution from Coringa was 2.2Koz and helped contribute to plant feed grades of 6.49g/t – the highest since Q3 2021.
We note that today's quarterly announcement has been somewhat overshadowed by a significant drop in the share pri ....

19 Apr 2023
Q1 2023 Update

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Q1 2023 Update
- Published:
19 Apr 2023 -
Author:
David Butler -
Pages:
3 -
Serabi Gold (AIM: SRB, TSX: SBI), the Brazilian-focused gold producer and developer has today released its Q1 production numbers. First quarter gold production was 8.0koz 13% higher YoY (Q1 2022 7.1Koz). This was also slightly ahead of our estimate (7.8koz). The contribution from Coringa was 2.2Koz and helped contribute to plant feed grades of 6.49g/t – the highest since Q3 2021.
We note that today's quarterly announcement has been somewhat overshadowed by a significant drop in the share pri ....