TSXV:SGO - Post Discussion
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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