Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 jongguaon Jan 07, 2023 11:10pm
396 Views
Post# 35209340

el limon mine depths 450m plus

el limon mine depths 450m plusmy recollection is el limon mine averaged 25 g/t over Life of mine. has been closed for some time i believe. i don't think this management co/stock entity mined it.

at 29 minutes in 12/16 podcast of AGM is what i was looking for.

el limon mine went down to 450m, then vein got lost due to faulting. now it has been found again.

also estimates internally of artisanal miners is depths of 250m. but due to el limon  experience things could be quite a bit deeper.

for me this is yet another tease. could el limon be a future mine again, at below 450M?

or at least give us some expectation currrent depth estimates of 250M elsewhere could be ultimately shallow.

have to b patient for time and drilling n then mining to tell. have no idea about management's hopes for a lower el limon now found fault separated extension, but its not bad news, thats for sure.


<< Previous
Bullboard Posts
Next >>