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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

Comment by waves1on Jun 10, 2022 6:37pm
86 Views
Post# 34748538

RE:Research Report on SGO

RE:Research Report on SGOThis is a very informative piece - thanks for sharing! 

It's notable that $SGO is aiming to minimize dilution & use cash flow from production to fund further exploration of the project.

Great to hear they're in the final phase prior to mine construction as well - I'm eager for the project to develop as $SGO is emphasizing the fact that Cerro Caliche is going to be much larger than the PEA indicates.
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