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Sonoro Gold Corp V.SGO

Alternate Symbol(s):  SMOFF

Sonoro Gold Corp is a Canada-based exploration and development company. The Company is engaged in holding the development- stage Cerro Caliche project and the exploration-stage San Marcial project in Sonora State, Mexico. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico and is comprised of 15 contiguous mining concessions covering a total area of 1,350.10 hectares (ha). The San Marcial Project is located in the Santa Ana Municipality of Sonora State in northwestern Mexico and is comprised of 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

Post by Swedeprofon Feb 23, 2021 4:12pm
134 Views
Post# 32639441

Great write up re: recent assays! mineralization expanding!!

Great write up re: recent assays! mineralization expanding!!
Sonoro Gold is going to a producer by the end of this year and a re-rating will occur from explorer to producer. IMO 75c target is possible (currently trading near support of 20c)
Sonoro Gold Corp (OTCMKTS: SMOFF)(TSXV: SGO) has reported positive drill results on its Cerro Caliche Gold Project, putting the company on track to executive its 2021 operations plan.
The results came after an analysis of 24 exploration drill hits. They include the follow per a company press release:
• Significant increase of strike length at the Buena Suerte gold mineralized zone to 900 meters.
• High-grade intercepts at the newly identified southern extension at Buena Suerte including SCR159 which intercepted 3.05 meters averaging 6.839 g/t Au.
• Continuous mineralization confirmed at the two kilometers long El Rincn – Veta de Oro – Abejas vein and stockwork gold mineralized zone.
• Identification of the new Bellotoso gold mineralized zone with an initial strike length of 1.2 kilometers.

https://wallstreetwindow.com/2021/02/sonoro-gold-corp-reports-positive-drill-results-on-cerro-caliche-gold-project-mike-swanson-02-23-2021/?fbclid=IwAR2HjYL02EnR_4gcyBFZ3JQuCyWF3zrHraPi-YDXO4btrdHwLNHpV30h24g

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