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 > excellent gold growth story near Aris mining !

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Post by austrochrison Dec 31, 2022 8:33am

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Post# 35198242

excellent gold growth story near Aris mining !

36000 ounces in 2023 , over 40000 ounces in 2024 and nearer to 70000 ounces 2025 .
Dividend is realistic in 2024 . 10 cent / share - possible.
2025 even more .
Soma has the best growth / capex ratio i know . So many potential on the 29000 ha asset .
Not to mention if soma will aquire a new asset , maybe even in equador . The CEO was the first mining minister there , so he has the connections . Cheers and happy new year !

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