Soma Gold Corp V.SOMA

Alternate Symbol(s): SMAGF

Metals & Mining Gold

Soma Gold Corp. is a Canada-based mining company. The Company is focused on gold production and exploration. It is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. It owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The Company's principal operation is the El Bagre Gold Mining Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The Company also owns an exploration property, Tucuma Exploration Project (Tucuma), a copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil. Its exploration projects include the Nechi Project, the Zara Project, and the Otu Project.

TSXV:SOMA - Post by User

Soma Gold Corp > Aris gold 2.0 !

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Post by austrochrison Dec 05, 2022 8:29am

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Post# 35150554

Aris gold 2.0 !

Soma’s Land Package is in the heart of this significant Gold District but is largely unexplored and with the presence of many small artisanal miners. Soma property is on-trend with Segovia Mine and has many similar characteristics

Huge ebida 2022 - marketcap
very low capex to increase production to 70000 ounces of goldequivalent ( includes almost 1 Million ounces of silver )
Artisanal miners need high grade gold to be profitbale .
So undervalued - probably the best small profitable goldproducer on TSXV !

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Two micro-cap stocks with strong fundamentals