VANCOUVER, Canada, June 4, 2018, Sonoro Metals Corp., (“Sonoro” or the “Company”) (TSXV: SMO) (OTCQB: SMOFF), announces the appointment of Mel Herdrick as Vice-President, Exploration. Mr. Herdrick is a professional geologist with 45 years of exploration and mine related experience in the United States and Mexico. His experience includes 10 years as Chief Geologist for Phelps Dodge, Mexico and 7 years as Vice President, Exploration for Pediment Gold in Mexico until its takeover by Argonaut Gold in 2011.
Mr. Herdrick has provided technical consulting services to Sonoro since 2012 and has been instrumental in identifying, evaluating and managing all of Sonoro’s mineral properties in Mexico, including the Cerro Caliche and San Marcial concessions in northern Sonora and the Chipriona concession in the Mulatos mining district of eastern Sonora. Chipriona was sold to Agnico Eagle in 2016 and Sonoro holds a 1% net smelter returns royalty on the concession.
“Following a productive six-year relationship as an independent consultant to Sonoro, we are pleased to now engage Mel as our Vice President, Exploration at this pivotal time for the advancement of our flagship mineral properties in Sonora, Mexico,” said Kenneth MacLeod, President and CEO of Sonoro. “We plan to commence drilling at our Cerro Caliche project within a few months and Mel’s extensive expertise will be fully utilized as the principal architect and supervisor of the exploration program.”
Sonoro has granted a total of 100,000 incentive stock options to Mr. Herdrick under its stock option plan. The options are exercisable for a period of 5 years at a price of $0.15 per share. In addition, 100,000 options with identical terms have been granted to independent consultant Jorge Diaz, Sonoro’s mining engineer and project manager in Mexico.
About Sonoro Metals Corp.
Sonoro Metals Corp. (TSXV: SMO) (OTCQB: SMOFF) is an exploration and development company with a portfolio of precious metals properties in Sonora, Mexico and Alaska, USA. Sonoro’s skilled exploration team is headed by Vice-President, Exploration, Mel Herdrick, a Hermosillo-based professional geologist with 45 years of mine related experience, including 10 years as Chief Geologist for Phelps Dodge, Mexico and 7 years as Vice-President, Exploration for Pediment Gold in Mexico until its takeover by Argonaut Gold in 2011. Sonoro’s in-house Qualified Person for its technical disclosures is Stephen Kenwood, a director of Sonoro and a professional geologist with over 20 years of experience in mineral exploration and development.
On behalf of the Board of SONORO METALS CORP.
Per: “Kenneth MacLeod”
KENNETH MACLEOD
President & CEO
For further information, please contact:
Sonoro Metals Corp. – Tel: (604) 632-1764
Email: info@sonorogold.com
Forward-Looking Statement Cautions:
This press release contains certain “forward-looking statements” within the meaning of Canadian securities legislation, including statements regarding the completion of a proposed Offering and the use of the Offering proceeds to further explore the Company’s Cerro Caliche project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the inability of the Company to secure sufficient subscriptions to complete the Offering, the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company’s exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
