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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 JGibbson Apr 13, 2021 5:15pm
199 Views
Post# 32987749

SGO.V increased PP to $3 M

SGO.V increased PP to $3 M
Great coverage for those looking for an undervalued Gold Jr explorer.

Just increased their PP to $ 3 million too. Sonoro’s Cerro Caliche project in Sonora State Mexico, looks set to be a lot bigger than expected. On April 5th Sonoro announced more near-surface high-grade gold results including 15.24 meters (50 feet) averaging 2.039 g/t Au, and multiple narrower high grade intercepts up to  6.729 g/t Au along with an exceptionally long intercept of 74.67 meters (250 feet) of 0.605 g/t Au – well in the ball park for building a big gold inventory for future low cost bulk mining and heap leach gold production.

https://wallstreetwindow.com/2021/04/while-the-market-sleeps-this-junior-gets-closer-to-gold-production-mike-swanson-04-12-2021/?amp=1
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