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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 culturedpiggy01on Dec 23, 2021 4:07pm
140 Views
Post# 34259202

$SGO.v closes $3M private placement & start drilling program

$SGO.v closes $3M private placement & start drilling program
great news coming in from $SGO.v as they announced closing private placement amounting gross proceeds of $3M, the capital from which will be used to finance exploration programs in 2022. The company also announced a 10,000-meter drilling campaign now at their Cerro Caliche Gold Project in Sonora, Mexico. This drilling program will focus on expanding the project’s oxide gold mineralization. 
 
watch $SGO.v CEO Ken MacLeod and Chairman John Darch discuss the news in depth: https://www.youtube.com/watch?v=yQ6Bx3uSLuc
 
td, $SGO.v trading at $0.185 with market cap at $18.98 M
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