Serabi Gold (GB:SRB) has released an update.
Serabi Gold plc reports a 6% increase in Q2-2024 gold production, achieving 9,003 ounces, supported by significant contributions from its Coringa mine and a record milling at the Palito plant. The company maintains a positive financial stance with a net cash balance increase to $6.6 million, while advances in operational development place Coringa in a strong position for future production expansion. Alongside the consistent operational performance, Serabi Gold is on track with its FY2024 production guidance and anticipates further developments with the completion of its Preliminary Economic Assessment in Q3.
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