Soma Gold Corp V.SOMA

Upcoming resource estimate

[ThelastSilverR]

What can we expect from the upcoming resource estimate? Hopefully we will go to the 400K oz.

I guess 750K ounces in 2024 and close to 1 million ounces in 2025.

To achieve this, the program would have to be accelerated (extra drill). But that should be possible with the upcoming cash flow.

[austrochris]

You are right a thtird drill rig will come online !

[austrochris]

https://edge.media-server.com/mmc/p/9wmoso6o

[tobinator01]

In the Annual Meeting presentation at 23:20 (Slide 9) Geoff says they have the draft of the updated 43-101 and hope to publish it in the next couple of weeks.  We could see it next week but I prefer post the Holidays in the first or second week of January. Slide 9 shows a comparison of the May 2019 Block model versus July 2022.  We don't know the overall size scale but there is a

[ThelastSilverR]

The last resource estimate (2019) was 220K oz AuEq. How did you come up with the current 400K oz number? What am I missing?

[tobinator01]

Go to "Investors" on Soma's website.  Click on "Download Presentation".  The presentation that will pop up is dated September 2022.  On slide 24, Soma has a comparables table on the lower left of the slide.  The line says 43-101 Resources and the figure posted is 410,000 ounces. I believe the 410,000 ounces refers to the sum of Cordero, Nechi, and their