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Sonoro Gold Corp SMOFF


Primary Symbol: V.SGO

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 yopmemama021on Aug 12, 2021 6:33pm
190 Views
Post# 33698458

SGO

SGO

With their Cerro Caliche project ,they are likely only l months away from transforming the company from an exploration stock to a gold producer.

 

there is lots of  potential to discover and expand SGO gold resources as they drill the remaining 80% of the known shallow gold zones together with the high-grade targets. 

 

 

Looking forward to an updated NI43-101 Technical Report and a PEA by the end of this month. 

 

After that they’ll begin project financing for the proposed development Heap Leach Mining Operations - they intend to commence production  at 15,000 tpd by the end of the first quarter of next year. 

 

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