Bullboard - Stock Discussion Forum 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... see more

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TSXV:SGO - Post Discussion

Sonoro Gold Corp > $SGO.V files economic assessment for Cerro Caliche project

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Post by culturedpiggy01 on Nov 07, 2021 10:32pm

$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.