TSXV:SGO - Post Discussion
Post by
stockpatrol on Sep 16, 2021 6:19pm
$SGO.v / $SMOFF popping off today following a news release
$SGO.v / $SMOFF popping off today following a news release providing with an update to all sustaining costs for PEA complete on the Cerro Caliche Gold Project.
Here is the updated Mineral Resource Estimate completed on the Company’s Cerro Caliche gold project located in Sonora State, Mexico.
“Due to the inadvertent inclusion of certain tax and depreciation expenses in its calculations, the Company reported the AISC to be US$489.3 million LOM, and US$1,462 per ounce (“oz.”) of gold equivalent (“AuEq”). The corrected amounts, as reported in the table below, are US$437 million LOM, and US$1,351 per oz. AuEq.”
closing up 2.4% today at $0.21 a share with a market cap of $21M check out $SGO.v / $SMOFF
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