Bullboard - Stock Discussion Forum 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 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

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TSXV:SGO - Post Discussion

Sonoro Gold Corp > $SGO CEO on BNN Bloomberg to discuss new PEA!

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Post by waves1 on Dec 16, 2021 5:45pm

$SGO CEO on BNN Bloomberg to discuss new PEA!

Ken Macleod, President and CEO of Sonoro Gold Corp. ($SGO.v $SMOFF) was recently on BNN Bloomberg regarding the Cerro Caliche Gold Project.

Macleod discussed $SGO's new PEA, showing that the project contains 332,500oz of gold equivalent with a 7-year mine life.

So far, $SGO has outlined approximately 20% of the gold mineralization and plans to explore further with a 10,000m drill program aimed at making material additions to expand the size and grade of the resource. $SGO additionally hopes to increase the mine life and lower production costs.

Macleod additionally noted that $SGO's management believes its shares are trading at a discount to Cerro Caliche's NPV - which I believe as well based on the PEA.

https://www.bnnbloomberg.ca/investment-trends/video/sonoro-s-cerro-caliche-gold-project-contains-332-500-oz-of-gold-equivalent-according-to-new-pea~2329309

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