Sonoro Gold Corp V.SGO

Alternate Symbol(s): SMOFF

Metals & Mining Gold

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

Sonoro Gold Corp

<< Previous

Bullboard Posts

Next >>

Post by culturedpiggy01on Nov 07, 2021 10:32pm

65 Views

Post# 34098333

$SGO.V files economic assessment for Cerro Caliche project

Sonoro Gold Corp recently filed a preliminary economic assessment for their Cerro Caliche project.

$SGO is looking at an after tax NPV (5% discount rate) of US$41.5M over 7 year life of mine. The report all looks like good news for their operations at Cerro Caliche, so I’m excited to see how things progress!

$SGO.V is currently priced at $.195 and their market cap is $20.52M.

<< Previous

Bullboard Posts

Next >>

Mullen Group: Navigates market challenges towards success