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Soma Gold Corp V.SOMA

Alternate Symbol(s):  SMAGF

Soma Gold Corp. is a Canada-based mining company. The Company is focused on gold production and exploration. It is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. It owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The Company's principal operation is the El Bagre Gold Mining Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The Company also owns an exploration property, Tucuma Exploration Project (Tucuma) copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil.


TSXV:SOMA - Post by User

Post by austrochrison Sep 06, 2022 7:03am
191 Views
Post# 34943305

fantastic quarter for soma gold !

fantastic quarter for soma gold !Incredible good - 7,5 Million Ebitda ! Wow !
And more to come !
 Income from mining operations was $8.0 million for the quarter compared to $4.2 million in the previous quarter – an increase of 93%.
  • Adjusted EBITDA(1) doubled to $7.5 million for the quarter compared to $3.7 million in Q1-2022.

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