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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 Betteryear2on Jul 16, 2024 5:55am
167 Views
Post# 36134137

SOMA GOLD CORP. INTERSECTS 31.4 g/t Au OVER 3.7m

SOMA GOLD CORP. INTERSECTS 31.4 g/t Au OVER 3.7mVANCOUVER, BCJuly 16, 2024 /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma") is pleased to announce initial results from the 2024 diamond drill program at the Cordero Mine on the Bagre Project in central Colombia (Figure 1). Nineteen diamond drill holes, totalling 2,759m of drilling, were completed by underground and surface drill rigs (Figure 2). The drilling to date has targeted the up-dip extension of gold-bearing quartz veins commonly referred to as the "Cordero Vein." The Cordero Vein has been successfully mined from Level 2 to Level 6 of the mine. Earlier attempts to develop above Level 2 were terminated in a cross-cutting mafic dyke. The Q1/Q2 drill program was designed to evaluate the western side of the dyke for the continuation of the Cordero Vein, a target that had not previously been tested. Assays from the drill holes are reported and discussed in this press release.

SOMA GOLD CORP. INTERSECTS 31.4 g/t Au OVER 3.7m, INCLUDING 189.2 g/t Au OVER 0.6m IN LEVEL 1 EXPLORATION DRILLING AT THE CORDERO MINE, EL BAGRE, ANTIOQUIA, COLOMBIA (newswire.ca)
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