Serabi strikes 'bonanza' grade gold in Brazil

Serabi Mining, the Brazil-focused gold exploration company, says test drilling suggests the size of its Palito deposit may be 80% greater than first thought.

Serabi Mining, the Brazil-focused gold exploration company, says test drilling suggests the size of its Palito deposit may be 80% greater than first thought.

The drilling programme, which began in late October and ran through to the middle of November, involved digging eight holes. Test results received from the first five have "returned Bonanza grade gold and high grade copper".

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