Sonoro Gold Corp V.SGO

Alternate Symbol(s): SMOFF

Metals & Mining Gold

Sonoro Gold Corp. is a Canada-based exploration and development company. The Company holds the near development stage Cerro Caliche project and the exploration stage San Marcial properties in Sonora State, Mexico. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico and consists of over 15 contiguous mining concessions covering a total area of approximately 1,350.10 hectares (ha). The San Marcial Project is located in the Santa Ana Municipality of Sonora State in northwestern Mexico and comprises four contiguous mining concessions held by the Company’s wholly owned Mexican subsidiary, Minera Breco, S.A. de C.V. (Breco). The 1,015.80-ha project is situated at the southern end of the prolific Sonora-Mojave Megashear, a regional scale structural system measuring approximately 50 kilometers in width and 500 kilometers in length.

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Sonoro Gold Corp > are PEA and permit supposed to come out this quarter?

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Comment by Freddy1989Germaon Aug 28, 2023 8:14am

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Post# 35607765

RE:are PEA and permit supposed to come out this quarter?

Updated PEA Highlights:

Pre-Tax net present value discounted at 5% (“NPV₅”) of USD $71.4 million
Pre-Tax Internal Rate of Return (“IRR”) of 59%
After-Tax NPV₅ of USD $47.7 million with an IRR of 45%
Gold recovery of 72% and silver recovery of 27%
9-year LOM with 297,575 ounces (“oz”) of gold equivalent (“AuEq”)
LOM annual average production of 33,000 oz AuEq at 0.45 g/t AuEq
Initial CAPEX costs of USD $15.5 million, including USD $1.83 million in contingency
Sustaining capital costs of USD $15.5 million
Cash⁽¹⁾ operating costs of USD $1,295/oz AuEq
AISC⁽²⁾ of USD $1,395/oz AuEq
Payback period of 2.9 years