Fratelli Investments Limited – 25.5%
Greenstone Resource II LP – 25.2%
River & Mercantile Asset Management LLP – 6.8%
Premier Miton Group PLC – 4.8%
Directors – 1.7%
Serabi is in the process of developing the Coringa Gold Project which will double our annual production by 2026 for very low capex. Coupled with this, we discovered the Matilda Cu-Au-Mo porphyry with the first three drill holes into the target in 2022 so have follow up work on that and other similar targets to test.
22 March 2023 – Coringa Project update
17 January 2023 – 2022 production guidance exceeded
5 July 2022 – Drilling confirms new Porphyry discovery at Matilda
Receive final permits for Coringa, maintain strong production at Palito and initiate regional exploration programme
Ramp up production at Coringa and deliver initial regional exploration results including at the Matilda prospect
Continued ramp up at Coringa, deliver 2023 production guidance and deliver results from Matilda and other regional exploration targets
Receiving final permits for Coringa – process is underway and anticipated to be completed within a few months.
Low cost, low risk doubling of production from a stable base with further exploration upside.
1. Producer with stable track record
2. Doubling production in near term
3. Significant exploration upside