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Sonoro Gold Corp V.SGO

Alternate Symbol(s):  SMOFF

Sonoro Gold Corp. is a Canada-based exploration and development company. The Company holds the near development stage Cerro Caliche project and the exploration stage San Marcial properties in Sonora State, Mexico. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico and consists of over 15 contiguous mining concessions covering a total area of approximately 1,350.10 hectares (ha). The San Marcial Project is located in the Santa Ana Municipality of Sonora State in northwestern Mexico and comprises four contiguous mining concessions held by the Company’s wholly owned Mexican subsidiary, Minera Breco, S.A. de C.V. (Breco). The 1,015.80-ha project is situated at the southern end of the prolific Sonora-Mojave Megashear, a regional scale structural system measuring approximately 50 kilometers in width and 500 kilometers in length.


TSXV:SGO - Post by User

Post by stockpatrolon Oct 27, 2021 5:50pm
154 Views
Post# 34056496

Good read on $SGO.v / $SMOFF by Patrick M. Graham

Good read on $SGO.v / $SMOFF by Patrick M. Graham

Good read on $SGO.v / $SMOFF by Patrick M. Graham, regarding the strong potential for they flagship Kerri caliche project in Mexico 

 

https://ca.paidpromotionalmessages.com/companies/news/964364/sonoro-gold-sees-strong-potential-for-flagship-cerro-caliche-project-in-mexico-964364.html 

 

“Crucial PEA highlights include, among others: Pre-tax net present value of US$68.7 million, 7 years Life of Mine (LOM) producing 323,500 ounces (oz) of gold equivalent (AuEq), and All-In Sustaining Cost (AISC) of US$1,351/oz AuEq.” 

 

$SGO.v just announced two days ago 10,000 meter drilling at the flagship Cerro Caliche Mine expected to share their updated resource estimate Sept 15, 2021. The drilling program will take up to six months. 

 

$SGO.v / $SMOFF has been a really strong play, trading at $0.2 a share with a MC of Cad $20M 

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