09:45 AM EST - Serabi Gold plc : announced a further operational update on its Palito gold mine, an update on the proposed acquisition of Kenai Resources and the appointment of a new non-executive director. The Company is continuing to make good progress with the development and start-up of gold mining operations at its wholly owned high-grade Palito gold mine, located in Para state, Brazil. Development mining is now underway. Ore production from remnant ore blocks also underway. Development ore stockpile is now being generated. Serabi Gold plc
shares T.SBI are trading unchanged at $0.10.
