Drilling Programme at Palito Commences
21.12.2010 | Globenewswire Europe
SERABI MINING plc("Serabi" or "the Company")
DRILLING PROGRAMME AT PALITO COMMENCES
The Board of Serabi Mining plc, the AIM-listed gold exploration company, is
pleased to advise that the proposed 7,500 metre discovery drilling programme
over the previously announced nine target areas, has now commenced.
The Company's drilling contractor arrived on site on 18 December and drilling
operations commenced on 20 December.
Mike Hodgson, Chief Executive, commented:
"We are very pleased that this programme is now underway. We believe that the
drilling of the first target can be completed in early February and results will
be released once assay results have been received from an independent
laboratory. We plan to provide regular progress reports as work on individual
targets is completed."
A map showing the drill target locations is attached to this release.
Enquiries:
Serabi Mining plc
Michael Hodgson Tel: 020 7246 6830
Chief Executive Mobile: 07799 473621
Clive Line Tel: 020 7246 6830
Finance Director Mobile: 07710 151692
Email: contact@serabimining.com
Website: www.serabimining.com
Beaumont Cornish Limited
Nominated Adviser
Roland Cornish Tel: 020 7628 3396
Michael Cornish Tel: 020 7628 3396
Fraser Mackenzie Limited
Canadian Broker
JC St-Amour Tel: 1 416 955 4777
Hybridan LLP
UK Broker
Claire Noyce Tel: 020 7947 4350
Farm Street Communications
Public Relations
Simon Robinson 07593 340107
Copies of this release are available from the company's website
www.serabimining.com.
MAP SHOWING DRILL TARGET LOCATIONS:
http://hugin.info/137617/R/1474362/410643.jpg
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Source: Serabi Mining plc via Thomson Reuters ONE
[HUG#1474362]
Unternehmen: Serabi Mining plc - ISIN: GB00B074J639