The completion of the preliminary economic assessment (PEA) of the Coringa gold project, in north-central Brazil, had been delayed to the end of month, Aim- and TSX-listed Serabi Gold reported on Monday.
The company initially aimed to release the results of the PEA this week, but consultants Global Resource Engineering (GRE) had requested further time to complete their work, owing to a decision to switch to dry stacking and to do away with a conventional dam. This impacted on the process flowsheet design.