Operations
Serabi operates the Palito Mining Complex and the Coringa Project, in the Tapajós region of the State of Para. The Tapajós region is the world’s third-largest alluvial gold field.
- Tapajós is an area of ~100,000km2 and is located ~1,300km southwest of Belém, the capital of Para.
- 84,000ha of exploration tenements held by Serabi.
- Mining friendly and second-largest mining state in Brazil.
- Very little systematic exploration to date, but now attracting interest from major mining companies. Serabi had an exploration alliance with Vale in the region in 2023.
- Estimated 30Moz of gold mined by artisanal miners since 1970s from mostly alluvial and surface weathered bedrock deposits.
- The Region is highly prospective for gold, iron ore, copper, and nickel deposits.
- Significant potential for new discoveries. Only 7Moz of hard rock resources currently defined.
Serabi is a pioneer in the Tapajós and remains the first and only hard rock miner in this highly prospective region.