Northwire Canada EditionMonday, September 21, 2026
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GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6% GOLD 4424.90 +0.6% SILVER 67.15 +1.6% COPPER 6.69 +0.5% OIL 96.08 −5.7% PALLADIUM 1319.50 +1.3% ARIC 0.760 −1.3% DCOP 0.095 +0.0% GLO 0.620 +3.3% CCM 0.770 +1.3% FAN 0.750 +2.7% FL 0.450 −1.6% BGF 0.030 +0.0% KLD 2.25 −0.4% SLVR 1.17 +1.7% LEM 0.250 +0.0% GENM 0.610 −3.2% SICO 9.80 +1.0% CTV 0.125 +0.0% CTM 0.140 +0.0% RSMX 0.110 −4.3% FT 0.145 +3.6%
Resource Estimate Routine +

Serabi Gold Files NI 43-101 Technical Report for the Palito Complex and Coringa Mine

Serabi’s technical report validates reserve growth despite AISC creep and permitting delays tempering the upside.

By The Northwire Desk — AI Analysis Jun 11, 2026 · 02:00 SBI · 5.59 Serabi Gold plc
Executive Summary
  • Serabi Gold filed NI 43-101 technical reports for its 100% owned Palito Complex and Coringa Mine in Brazil’s Tapajós region.
  • The filings contain updated Mineral Reserve estimates for Palito and updated Mineral Resource estimates for Coringa.
  • Reports were prepared by NCL Ingeniería y Construcción SpA and reviewed by CIM-recognized Qualified Persons.
  • The filings serve as regulatory validation of the scientific and technical data previously disclosed in the April 28, 2026 press release.
  • Operational context notes current production of 30,000–40,000 ounces annually at Palito, with a 2026 target of ~55,000 ounces following the Coringa ramp-up.
  • A copper-gold porphyry discovery on exploration licenses was also highlighted.
Material Impact
  • The filing is a procedural compliance step that validates the April 2026 reserve/resource update.
  • It confirms the technical basis for the company’s 2026 production guidance and supports the narrative of mine life extension at Palito.
  • No new financials, production numbers, or strategic shifts are introduced.
  • Given the stock already rallied ~85% from June 2025 lows on the April update and Q1 results, this filing is priced in.
  • Impact: Routine validation. Positive for long-term mine life visibility, but lacks the catalyst density to drive a material re-rating on its own.
SBI · Price
Company Overview
  • Serabi Gold plc is a producing gold miner focused on the Tapajós gold province in Pará, Brazil.
  • Assets: 100% owned Palito Complex (underground and open pit) and Coringa Mine (underground).
  • Operations: Currently producing 30,000–40,000 oz annually at Palito, with Coringa ramp-up targeting ~55,000 oz in 2026.
  • Infrastructure: Ore sorting plants at both sites improve grade recovery. Palito expansion includes a 4th ball mill to increase throughput.
  • Strategy: Self-funded organic growth, aggressive brownfield exploration, and disciplined capital allocation.
Read the original news release →

More from Serabi Gold plc

Sep 21, 2026 · 01:00

Exploration Update for 2026 Brownfield Exploration Programme at Palito and Coringa Delivering High Grade Results

Drill Results Jul 23, 2026 · 01:00

Serabi targets 1.5-2 moz resources and 53 koz production in 2026 as Palito grades soften and Coringa transition slips.

Production / Operations Jun 18, 2026 · 17:35

Serabi confirms debt-free execution of its guidance, with the market pricing in routine growth for the project.

Drill Results May 29, 2026 · 02:00

Serabi Prints Cash at a $4,900 Gold Price, but Rising Costs and Permitting Hurdles Test the Rally

Earnings May 13, 2026 · 03:14

Management’s performance share vesting crystallizes the fruits of a record year but offers no new market catalyst.

Other May 11, 2026 · 01:00

Audited full-year numbers cement a record 2025; maiden dividend and a debt-free balance sheet position the company for self-funded growth, but the market had already priced in the news.

Earnings