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.

TSXV:SGO - Post by User

Sonoro Gold Corp

<< Previous

Bullboard Posts

Next >>

Post by yopmemama021on Jun 27, 2022 6:39pm

109 Views

Post# 34785969

SGO

watching $SGO now with recent funds after closing a $ 2.4M private placement

and considering the success of their phase 4 drilling program at the Cerro Caliche Project.

in completing phase 4 drill program earlier this month, $SGO found several higher grade intercepts and the expansion of several known mineralized gold zones

$SGO also recently filed an updated Preliminary Economic Assessment of the project, wherein they stated a pre-Tax net present value discounted at 5% of USD $84.4 million (not accounting for the most recent drill campaign)

looking forward to an update on how they advance this project soon

$SGO.v @ $0.14, mc $16.7M

$SMOFF

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages