Interview with Michael Hodgson, CEO of Serabi Gold PLC

Our previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-a-deep-dive-into-cost-savings-improved-cash-generation-in-2023-3767

Recording date: 9th October 2023

Serabi Gold plc (LSE: SRB, TSX: SBI) is a gold mining and exploration company focused on Brazil. The company operates the high-grade Palito underground gold mine in the Tapajós region of northern Brazil, as well as the Coringa gold project located nearby.

In 2022, the company produced 32,000 ounces of gold. Serabi Gold expects to produce between 33,500-35,000 ounces in 2023.The company is advancing development of its Coringa project, located 200km south of Palito. Coringa has a resource of 195,000 ounces of gold in the measured and indicated category at a grade of 8.2 g/t gold. Coringa is expected to significantly increase Serabi's production profile once permitted and developed over the next few years.

Serabi Gold sees exploration potential to expand resources at its current operations and make new discoveries within its extensive land holdings in the Tapajós region. The company has an exploration alliance with Vale to fund drilling of bulk tonnage exploration targets.
Key investment highlights for Serabi Gold include consistent production from Palito and Sao Chico, resource growth potential, exploration upside in an underexplored district, and potential re-rating as Coringa doubles production. Near-term catalysts are the final permitting of Coringa, expanding production through optimized mining, and exploration results from drill programs underway.

View Serabi Gold's Company Profile: https://www.cruxinvestor.com/companies/serabi-gold

Sign up for Crux Investor: https://cruxinvestor.com