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Bullboard - Stock Discussion Forum Sonoro Gold Corp V.SGO

Alternate Symbol(s):  SMOFF

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 > Cerro Caliche to have 7-year production life
View:
Post by StockHawk1 on Jan 13, 2022 4:55pm

Cerro Caliche to have 7-year production life

As someone who is into jr. mining and gold specifically, I recently came across this company, Sonoro Gold Corp. ( $SGO.V $SMOFF ) which has piqued my interest. 


The company has two main assets one of which, Cerro Caliche, had very promising PEA results recently.  


Cerro Caliche is located between two world-class mining districts, the Sierra Madre Gold Belt and the Sonora-Mojave Megashear. 


The PEA found that the project may have a 74% gold recovery, 56,500 oz AuEq annual production for it's first 1 years, and a 7-year production life. 


$SGO closed stable today at just $0.175/share which is a very attractive price considering the potential of Cerro Caliche in my opinion.


MC is $20.87


https://finance.yahoo.com/news/sonoro-files-cerro-caliche-preliminary-221700257.htm

 
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