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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 partystockeron Oct 28, 2021 1:12pm
121 Views
Post# 34059617

$SGO has started drilling

$SGO has started drilling

Sonoro Gold has announced resumption of drilling at their New Mexico property, Cerro Caliche. 


The 10,000 meter operation will begin alongside proposed development of heap leach mining operation with projected capacity of 15000 tonnes per day. 


https://ceo.ca/@nasdaq/sonoro-gold-announces-10000-meter-drilling-program


$SGO’s price action hasn’t been too exciting lately- seeing some strong consolidation, which means we’re looking for prices to drop, or go on a bullish run. I’m leaning towards the   as shares are looking oversold and sitting at historical support of ~$.180.


$SGO.V is currently trading at $.195 and is valued at $19.49M.

 
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