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Bullboard - Stock Discussion Forum Sonoro Gold Corp SMOFF


Primary Symbol: V.SGO

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... see more

TSXV:SGO - Post Discussion

Sonoro Gold Corp > Things keep looking better for $SGO.v
View:
Post by partystocker on May 29, 2022 2:07pm

Things keep looking better for $SGO.v

Further higher-grade gold intercepts at Sonoro Gold’s (TSXV: SGO) Cerro Caliche Project have expanded the company’s mineralization estimates and will be used to guide the company’s updated PEA, expected to be completed over the next few months. 


Results from seven additional drill holes completed at the Abejas gold mineralized zone are still pending and will be announced next month, concluding the Phase IV drilling program at Cerro Caliche.


Management's optimism on the economics of Cerro Caliche continues to grow as the company works toward a proposed heap leach mining operation.


$SGO.v saw a 9.7% gain on Friday and is currently trading at $.17, valued at C$20.27 million. 


https://ceo.ca/@nasdaq/sonoro-gold-reports-higher-grade-intercepts-and-expands

 
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