Serabi Gold is a holding and gold sales company. Together with its subsidiaries, Co. is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. Co.'s operations is focused at the Palito Mine, a smallscale operation with a production target of around 25,000 to 28,000 ounces per annum. Co. is also focused at its operation in the Sao Chico Mine, an orebody providing supplemental high grade gold ore to the Palito processing plant. The processing plant treating ore from both Palito and Sao Chico Mines is located at the Palito mine-site, with capacity to mill between 450 and 500 tonnes per day.
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