Sonoro Gold Corp V.SGO

Alternate Symbol(s): SMOFF

Metals & Mining Gold

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.

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Sonoro Gold Corp

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Post by boogawooga8558on Apr 21, 2022 6:56pm

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Post# 34622203

Great hits. Mineralization extended & grades increasing!

Subtle but strong news release for Sonoro Gold ($SGO.v $SMOFF) That will positively Affect the Economics & PEA. A Few Key Points:

News Release: https://sonorogold.com/archives/news/sonoro-gold-reports-high-grade-intercepts-at-cerro-caliche-including-10-67-meters-of-9-02-grams-of-gold-per-tonne

3 zones were targeted for drilling
Mineralization was extended in all zones (depth and/or strike)
Good intercepts (Width & grade). High-gold intersected in multiple holes such as 10.67m averaging 9.02 g/t Au; including 6.10m averaging 15.56 g/t Au
The 2021 PEA had a M&I resource of 349,000 oz gold at grade of 0.41g/t Au & Inferred resource of 71,000 oz at 0.40 g/t Au. All of these grades listed below are HIGHER than the grading in the PEA

With strike & depth expanding along with grades increasing, there is no doubt in my mind economics will continue to look more attractive and mine life extended. The development of the heap leach operation is expected to be in development later this year.

Whats your thoughts?

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