Making The Transition to Gold Producer
Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) is a junior gold exploration, development, and soon to be gold producer, with properties in the mining-friendly jurisdiction of Sonora, Mexico. The company is in the final permitting stage to develop an initial 12,000 tonnes per day heap leach mining operation at its flagship property, the Cerro Caliche gold project, and utilize the generated cash flow to fund further exploration and mine expansion. Sonoro has a highly experienced management team of mining, technical and finance professionals with a successful track record in discovery through to resource development and production.
A Team That Is "legendary" In Northern Mexico
Mel Herdrick, P.Geo. and Jorge Diaz, MSc. are well known experts in Northern Mexico’s mining sector. In fact, most of the management team have more than 35 years experience in the natural resource development with many successful projects in Mexico and around the world.
We are not your typical Junior Mining Company
The Cerro Caliche project’s proposed heap leach mining operation is based on data from over 55,000 meters of drilling in 498 holes together with 17 trenches and 9,365 surface samples. This data has enabled Sonoro to define a low CAPEX, high IRR mining operation typical for gold mines in the the region. View the report here
- 10-16-2023SONORO FILES PRELIMINARY ECONOMIC ASSESSMENT
- 09-01-2023SONORO GOLD ANNOUNCES CLOSING OF FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
- 08-28-2023SONORO ANNOUNCES POSITIVE PEA RESULTS FOR CERRO CALICHE GOLD PROJECT: PRE-TAX NPV OF USD $71.4 MILLION AND PRE-TAX IRR OF 59%
- 08-01-2023SONORO GOLD ANNOUNCES CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT