- Brazilian-focused miner Serabi Gold reported 'highly encouraging' exploration drilling results from the Toucano trend at its Sao Domingos project.

The company also reported 'very encouraging' results from a regional geochemical survey, also at Sao Domingos.

Visible gold was identified in hole 21-SD-010, which returned a number of intersections including 7.15 metres at 258.24 grammes per tonne of gold.

Mineralisation was confirmed along at least a 400 metre strike length and remained open at depth and along strike.

At 8:49am: [LON:SRB] Serabi Mining PLC share price was 0p at 83.5p

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