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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 partystockeron May 24, 2022 1:04pm
99 Views
Post# 34704063

Impressive Resource Estimate Expected From $SGO.v

Impressive Resource Estimate Expected From $SGO.v

Sonoro Gold (TSXV: SGO) has reported more impressive drilling results from the Cerro Caliche project.


Drilling results from an additional seven drill holes delivered multiple gold intercepts, including 9.14m averaging 9.58 g/t Au. 


The drilling campaign at Cerro Caliche is now complete, with final assays expected to be announced in June. New geological data from over 7,200 meters and 63 drill holes will be included in a further updated resource estimate scheduled to be released in the fall of 2022.


This marks a great time to consider a position in $SGO.v before the company completes an updated resource estimate and updates the project's economic impact. $SGO.v is also working towards the development of a heap leach mining operation for the Cerro Caliche project. 


$SGO.v is currently trading at $.155 and valued at C$18.49M. 


https://ceo.ca/@nasdaq/sonoro-gold-reports-high-grade-intercepts-at-cerro-fe2db

 
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