Core Viewpoint - Serabi Gold plc has announced updated Mineral Reserve and Resource estimates for its Palito Mine, indicating a consistent ability to replenish resources, with a 4% increase in combined resource categories since 2023, and a total mineral inventory of 552,000 ounces [1][3]. Mineral Reserve Estimates - The updated Mineral Reserve estimates for the Palito Mine and São Chico Mine as of April 1, 2025, show a total of 162,600 ounces (706,000 tonnes at 7.2 g/t Au), down from 206,400 ounces (824,800 tonnes at 7.8 g/t Au) in July 2023 [6][30]. - The reserve life is projected to exceed six years at current production levels, excluding future resource to reserve conversions [6][30]. - Proven reserves are 103,800 ounces (422,400 tonnes at 7.7 g/t Au) and probable reserves are 43,100 ounces (223,600 tonnes at 6.0 g/t Au) [7][30]. Mineral Resource Estimates - The updated Mineral Resource estimates for the Palito Mine as of April 1, 2025, include Measured Resources of 769,000 tonnes at 10.8 g/t Au (267,500 ounces), Indicated Resources of 333,000 tonnes at 7.7 g/t Au (82,500 ounces), and Inferred Resources of 682,000 tonnes at 7.4 g/t Au (161,800 ounces) [10][33]. - The total Measured and Indicated Resources amount to 1,102,000 tonnes at 9.9 g/t Au (350,000 ounces) [10][33]. Exploration and Future Plans - A $9 million brownfield surface exploration drill program commenced in early 2025, with approximately 50% of the budget allocated to the Palito Complex to test extensions of known orebodies [4][3]. - Results from this exploration program are expected to be included in an update in early 2026 [4][3]. Company Overview - Serabi Gold plc is focused on gold exploration, development, and production in Brazil, with a consistent annual production of 30,000 to 40,000 ounces from the Palito Complex and plans to double production with the Coringa Gold project [18].