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Sonoro Gold Corp SMOFF


Primary Symbol: V.SGO

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 29, 2022 2:07pm
160 Views
Post# 34715557

Things keep looking better for $SGO.v

Things keep looking better for $SGO.v

Further higher-grade gold intercepts at Sonoro Gold’s (TSXV: SGO) Cerro Caliche Project have expanded the company’s mineralization estimates and will be used to guide the company’s updated PEA, expected to be completed over the next few months. 


Results from seven additional drill holes completed at the Abejas gold mineralized zone are still pending and will be announced next month, concluding the Phase IV drilling program at Cerro Caliche.


Management's optimism on the economics of Cerro Caliche continues to grow as the company works toward a proposed heap leach mining operation.


$SGO.v saw a 9.7% gain on Friday and is currently trading at $.17, valued at C$20.27 million. 


https://ceo.ca/@nasdaq/sonoro-gold-reports-higher-grade-intercepts-and-expands

 
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