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Soma Gold Corp V.SOMA

Alternate Symbol(s):  SMAGF

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

Post by ThelastSilverRon Jan 11, 2023 10:45am
189 Views
Post# 35215718

Corporate update and guidance for 2023

Corporate update and guidance for 2023Corporate update and guidance for 2023

There are so many awesome things in this latest news release!

Commercial production, self-performing with the equipment & new veins at Cordero!
They add more ounces to the resource on an annual basis than they mine!

2023 35,500 oz production and for 2024 & 2025 44,000 oz.

Expect an big dividend for shareholders!

Soma produced 5,794 oz Au Eq ounces in Q4!
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