Significant increase in gold resource for Palito- Updated Mineral Resource Statement

Significant increase in gold resource for Palito- Updated Mineral Resource Statement Serabi Gold (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, is pleased to announce updated Mineral Resource estimates for its Palito Complex (being the Palito deposit and the Sao Chico satellite deposit), prepared in accordance with the standard of CIM and Canadian National Instrument 43-101 with an effective date of 30 June, 2023 as outlined below. HIGHLIGHTS Measured and Indicate

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