Soma Gold Corp V.SOMA

Alternate Symbol(s): SMAGF

Metals & Mining Gold

Soma Gold Corp. is a Canada-based mining company. The Company is focused on gold production and exploration. It is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. It owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The Company's principal operation is the El Bagre Gold Mining Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The Company also owns an exploration property, Tucuma Exploration Project (Tucuma) copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil.

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Soma Gold Corp

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Post by ThelastSilverRon Nov 09, 2023 11:17am

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Post# 35726158

New website

Soma has a new website.

There is also a new corp presentation.

It appears that due to the delay of El Limon mill (Q1 2024 vs Q3/Q4 2023), the guidance for 2024 has been adjusted downwards. I think it is good news for the longer term because it will save them money by weighing up all possible options for the El Limon mill. I understood that a final decision will be made at the end of this month regarding the El Limon mill (re-start at the current location or move the mill to El Bagre).

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle