Serabi Gold (TSX:SBI) has filed detailed technical reports for the Palito Complex and Coringa Project in Pará State, Brazil.
Both technical reports were prepared by NCL Ingeniería y Construcción SpA of Santiago, Chile.
The Palito Complex began operating in 2014, consistently producing between 30,000 and 40,000 ounces of gold per year. Production increased to more than 40,000 ounces in 2025 and is expected to reach between 50,000 and 60,000 ounces in 2026.
The Coringa Gold Project is located 200km south of Palito in the Tapajós gold region.
Serabi Gold is a gold-focused explorer, developer, and producer with assets in the Tapajós region.
According to Trading Economics, gold traded above US$4,100 ($5,816.10) an ounce on Thursday after the US military completed its latest strikes on Iran, raising hopes that peace negotiations could resume. Gold prices are up 20.72% over the past year.
Write to Aaliyah Rogan at Mining.com.au
Images: Serabi Gold
