TIDMSRB
Serabi secures award for its Community Engagement
Serabi Gold (AIM:SRB, TSX:SBI), the Brazilian focused gold
mining and development company, is pleased to announce that it
secured an impressive 73% of the votes in winning the Community
Relations award at the recent Brazilian Gold Symposium.
The Associação Brasileira de Empresas de Pesquisa Mineral e
Mineração ("ABPM") has been hosting a gold symposium in Belem, Para
state this week. Serabi overwhelming won the category for Community
Relations securing 73% of more than 5,000 votes that were cast and
beating the private Brazilian mining group Bemisa who secured 20.5%
of the votes.
Mike Hodgson, CEO of Serabi, commented:
"This is well deserved recognition of the fantastic efforts made
by our team over the past 12 months, actively engaging with and
creating support programmes across health, education and
infrastructure that bring direct benefits to our neighbouring
communities."
Please use the following link
https://www.globenewswire.com/Tracker?data=TnjVRDy-E43qiVEsJEzGTpmPJtmM9K5S21FjA-K5K_FMMyBJiLASn9a5OSpgE54TLCB5u7Hh3SQ0RIkgl58ZEiqKWUg00Ltb80PUBqufbS0=
https://bit.ly/46WCgma to view Andreya Teixeira and Janaina Borges
receiving the Community Relations award on behalf of Serabi.
The person who arranged for the release of this announcement on
behalf of the Company was Clive Line, Director.
Enquiries
SERABI GOLD plc
Michael Hodgson t +44 (0)20 7246 6830
Chief Executive m +44 (0)7799 473621
Clive Line t +44 (0)20 7246 6830
Fínance Director m +44 (0)7710 151692
e contact@serabigold.com
https://www.globenewswire.com/Tracker?data=RyDUPk1-2RuXiOz88XhdrFRpcrbnjzvLoCLQe8EodcoPqS1bsGkYlSUQo_xTnSYC2RE1h1rvzglGSoQc6JxBHIkJtz-bibH-fI-GUeDK1_Y=
www.serabigold.com
BEAUMONT CORNISH Limited
Nominated Adviser & Financial Adviser
Roland Cornish / Michael Cornish t +44 (0)20 7628 3396
PEEL HUNT LLP
Joint UK Broker
Ross Allister t +44 (0)20 7418 9000
TAMESIS PARTNERS LLP
Joint UK Broker
Charlie Bendon/ Richard Greenfield t +44 (0)20 3882 2868
CAMARCO
Financial PR
Gordon Poole / Emily Hall t +44 (0)20 3757 4980
Copies of this announcement are available from the Company's
website at www.serabigold.com.
Neither the Toronto Stock Exchange, nor any other securities
regulatory authority, has approved or disapproved of the contents
of this news release.
Assay Results
Assay results reported within this release include those
provided by the Company's own on-site laboratory facilities at
Palito and have not yet been independently verified. Serabi closely
monitors the performance of its own facility against results from
independent laboratory analysis for quality control purpose. As a
matter of normal practice, the Company sends duplicate samples
derived from a variety of the Company's activities to accredited
laboratory facilities for independent verification. Since mid-2019,
over 10,000 exploration drill core samples have been assayed at
both the Palito laboratory and certified external laboratory, in
most cases the ALS laboratory in Belo Horizonte, Brazil. When
comparing significant assays with grades exceeding 1 g/t gold,
comparison between Palito versus external results record an average
over-estimation by the Palito laboratory of 6.7% over this period.
Based on the results of this work, the Company's management are
satisfied that the Company's own facility shows sufficiently good
correlation with independent laboratory facilities for exploration
drill samples. The Company would expect that in the preparation of
any future independent Reserve/Resource statement undertaken in
compliance with a recognised standard, the independent authors of
such a statement would not use Palito assay results without
sufficient duplicates from an appropriately certificated
laboratory.
Forward-looking statements
Certain statements in this announcement are, or may be deemed to
be, forward looking statements. Forward looking statements are
identi ed by their use of terms and phrases such as "believe",
"could", "should" "envisage", "estimate", "intend", "may", "plan",
"will" or the negative of those, variations or comparable
expressions, including references to assumptions. These
forward-looking statements are not based on historical facts but
rather on the Directors' current expectations and assumptions
regarding the Company's future growth, results of operations,
performance, future capital and other expenditures (including the
amount, nature and sources of funding thereof), competitive
advantages, business prospects and opportunities. Such forward
looking statements re ect the Directors' current beliefs and
assumptions and are based on information currently available to the
Directors. A number of factors could cause actual results to differ
materially from the results discussed in the forward-looking
statements including risks associated with vulnerability to general
economic and business conditions, competition, environmental and
other regulatory changes, actions by governmental authorities, the
availability of capital markets, reliance on key personnel,
uninsured and underinsured losses and other factors, many of which
are beyond the control of the Company. Although any forward-looking
statements contained in this announcement are based upon what the
Directors believe to be reasonable assumptions, the Company cannot
assure investors that actual results will be consistent with such
forward looking statements.
Qualified Persons Statement
The scientific and technical information contained within this
announcement has been reviewed and approved by Michael Hodgson, a
Director of the Company. Mr Hodgson is an Economic Geologist by
training with over 30 years' experience in the mining industry. He
holds a BSc (Hons) Geology, University of London, a MSc Mining
Geology, University of Leicester and is a Fellow of the Institute
of Materials, Minerals and Mining and a Chartered Engineer of the
Engineering Council of UK, recognizing him as both a Qualified
Person for the purposes of Canadian National Instrument 43-101 and
by the AIM Guidance Note on Mining and Oil & Gas Companies
dated June 2009.
Neither the Toronto Stock Exchange, nor any other securities
regulatory authority, has approved or disapproved of the contents
of this news release
Attachment
-- Community Relations award
https://ml-eu.globenewswire.com/Resource/Download/c983a5bb-d3a5-4636-9738-81e2f6272c7d
(END) Dow Jones Newswires
October 19, 2023 02:00 ET (06:00 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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