Sonor Gold’s (TSXV: SGO) 7200-meter drill campaign at the Cerro Caliche project has officially been completed, and the results have expanded several known mineralized gold zones.
Specifically, hole SCR-321 intercepted 15.24m averaging 1.336 grams per ton (g/t) of gold, including 4.57m averaging 3.657 g/t gold. Hole SCR-322 intercepted 18.29m averaging 0.785 g/t gold; including 1.52m averaging 4.88 g/t gold.
Results from the Phase 4 campaign will be included in an updated resource estimate, which the company said it expects to release in the fall. The economic impact of the updated resource on the proposed heap leach mining operation will also be assessed and contemplated in a subsequent technical report.
A lot of big news to watch for Sonoro now that drilling has been completed, and I am very excited about it.
$SGO.v is currently trading at $.14, valued at $16.7 million.
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