Serabi is a gold mining and exploration  company focused on the evaluation and development of gold projects in Brazil. The Company commenced development of the Palito orebody late in 2012 and the gold process plant was started up at the end of 2013. The Company declared commercial production of the Palito orebody effective from 1 July 2014.   The Company has also declared commercial gold production at its satellite Sao Chico orebody effective as of 1 January 2016.  Combined gold production from the Palito Mining Complex is approximately 40,000 ounces per annum .