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

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 waves1on Dec 16, 2021 5:45pm
99 Views
Post# 34238711

$SGO CEO on BNN Bloomberg to discuss new PEA!

$SGO CEO on BNN Bloomberg to discuss new PEA!
Ken Macleod, President and CEO of Sonoro Gold Corp. ($SGO.v $SMOFF) was recently on BNN Bloomberg regarding the Cerro Caliche Gold Project.
 
Macleod discussed $SGO's new PEA, showing that the project contains 332,500oz of gold equivalent with a 7-year mine life. 
 
So far, $SGO has outlined approximately 20% of the gold mineralization and plans to explore further with a 10,000m drill program aimed at making material additions to expand the size and grade of the resource. $SGO additionally hopes to increase the mine life and lower production costs.
 
Macleod additionally noted that $SGO's management believes its shares are trading at a discount to Cerro Caliche's NPV - which I believe as well based on the PEA.
 
https://www.bnnbloomberg.ca/investment-trends/video/sonoro-s-cerro-caliche-gold-project-contains-332-500-oz-of-gold-equivalent-according-to-new-pea~2329309
<< Previous
Bullboard Posts
Next >>