Cerro Caliche to have 7-year production life As someone who is into jr. mining and gold specifically, I recently came across this company, Sonoro Gold Corp. ( $SGO.V $SMOFF ) which has piqued my interest.
The company has two main assets one of which, Cerro Caliche, had very promising PEA results recently.
Cerro Caliche is located between two world-class mining districts, the Sierra Madre Gold Belt and the Sonora-Mojave Megashear.
The PEA found that the project may have a 74% gold recovery, 56,500 oz AuEq annual production for it's first 1 years, and a 7-year production life.
$SGO closed stable today at just $0.175/share which is a very attractive price considering the potential of Cerro Caliche in my opinion.
MC is $20.87
https://finance.yahoo.com/news/sonoro-files-cerro-caliche-preliminary-221700257.htm