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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

Comment by baystock1on Jun 26, 2021 5:53am
147 Views
Post# 33455531

RE:$SGO- Sonoro Gold

RE:$SGO- Sonoro Goldsold all my shares in Sonoro Gold and moved the proceeds into Magna Gold (MGR.V) which I think has comparable upside but with less downside risk, since they already have one cash flowing producing gold mine. They will use this cash flow to explore and develop another one to two mines in the next 2 years.
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