About Sonoro Gold Corp.
Company Highlights:
- Publicly listed gold exploration and development company (TSXV: SGO) (OTCQB: SMOFF) (FRA: 23SP)
- Highly experienced management team in financing and developing resource deposits
- Highly experienced technical team in discovering, developing and operating gold deposits with 5M ounces discovered
- Collectively discovered and developed 12 gold and copper mines
- Two precious metals properties in Sonora, Mexico
- Cerro Caliche Gold Project
- San Marcial Gold & Silver Project
From Exploration to Production
Corporate Goal
Build Sonoro Gold Corp. into a leading junior precious metals company and mid-tier producer.
Corporate Strategy
Expedite operations at flagship Cerro Caliche gold project to fund growth and development with minimal additional dilution to shareholders.
Short-term Objectives
- Environmental Permit (MIA) Approval
- Complete Phase IV Drilling Program
- Announce Updated PEA Results
- Execute Land Agreement
- Change in Land Use Approval
- Project Financing
Cerro Cakiche Gold Project
- Low-sulphidation epithermal vein structure
- Multiple near surface gold mineralized zones
- Potential higher-grade mineralization at depth
- Over 57,000 meters drilled to date
- Phase IV Drilling Program
- Updated Preliminary Economic Assessment
- NI 43-101 Technical Report
- Open-Pit, Heap Leach Operation
- Pre-Tax NPV5 USD $84.4M and IRR 74.9%
- After-Tax NPV5 USD $53.5M and IRR 45.6%
- 74% Gold Recovery and 27% Silver Recovery
- 45,000 oz Annual Production @0.58 g/t AuEq (Yrs. 1-3)
- 344,500 oz AuEq over 7-year LOM
- Initial CAPEX USD $26M Inc. $3M Contingency
- Sustaining Capital USD $7.4M
- Cash Costs USD $1,206/oz AuEq
- AISC USD $1,333/oz AuEq
- Payback 2.2 years
- Assumes USD $1,750/oz Au and $22/oz Ag
Project Location
- Pro-Mining Jurisdiction of Sonora, Mexico
- 3 Hours South of Tucson, AZ & North of Hermosillo
- Skilled Workforce & Frst-Class Infrastructure
- Neighbouring Gold Mines
- Bear Creek’s Mercedes Mine
- Goldgroups’s Cerro Prieto Mine
- Magna Gold’s San Francisco Mine
- Agnico Eagle’s Santa Gertrudis Project
To learn more about Sonoro Gold Corp., go to https://sonorogold.com/
To learn more about the activity in Mexico and to view the digital map, go to https://digigeodata.com/area/mexico/