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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

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Post by yopmemama021 on Jun 27, 2022 6:39pm

SGO

watching $SGO now with recent funds after closing a $ 2.4M private placement 

and considering the success of their phase 4 drilling program at the Cerro Caliche Project. 

 

in completing phase 4 drill program earlier this month, $SGO  found several higher grade intercepts and the expansion of several known mineralized gold zones 

 

$SGO also recently filed an updated Preliminary Economic Assessment of the project,  wherein they stated a pre-Tax net present value discounted at 5% of USD $84.4 million (not accounting for the most recent drill campaign)

 

looking forward to an update on how they advance this project soon

$SGO.v @ $0.14, mc $16.7M

 

$SMOFF

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