Sonoro Gold Corp SMOFF

Primary Symbol: V.SGO

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 > $2M non-brokered private placement!

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Post by waves1on Jun 07, 2022 4:54pm

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Post# 34738341

$2M non-brokered private placement!

Yesterday, Sonoro Gold ($SGO.v $SMOFF) announced a non-brokered private placement offering for $2,025,000! The net proceeds will be used to fund the ongoing development of a proposed heap leach mining operation at $SGO's Cerro Caliche Project in Sonora Mexico.

This news follows additional assay results from Cerro Caliche which demonstrate promising resource e growth potential near surface and at depth, as well as the continued expansion of mineralized gold zones outside of the resource estimate for the initial PEA.
https://sonorogold.com/archives/news/sonoro-gold-announces-2-million-private-placement

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