• Sonoro Corp. (TSX-V: SGO) (“CYP”, or “Company”) has seen its share price suffer moderately since our initiating report, despite extensive drilling and strong assay results in the interim. We believe that this creates an opportunity for investors to shore up their positions at a lower level, before a summer of potentially valuation altering catalysts.
• Extensive Drilling and Strong Assay Results: The company announced multiple highlight assay results on 2020 drilling, which was then followed by 34,000 meters of RC drilling in 2021. SGO intercepted almost 75 meters of mineralized material (averaging 0.605 g/t Au) in one of its recent holes, one of many strong results from recent drilling.
• Advancing Heap Leach Mining Operation (“HLMO”) Initiatives: SGO has conducted initial metallurgical testing on Cerro Caliche's mineralization, with the aim of determining heap leach characteristics and developing process flow sheet. This comes as SGO is set to scale up the projected HLMO from 8,
15 Sep 2021
Sonoro Gold Corp. (TSXV: SGO) – Aggressive Drilling at Cerro Caliche Sets Stage for Resource Expansion and Advancement of Mining Operations
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Sonoro Gold Corp. (TSXV: SGO) – Aggressive Drilling at Cerro Caliche Sets Stage for Resource Expansion and Advancement of Mining Operations
• Sonoro Corp. (TSX-V: SGO) (“CYP”, or “Company”) has seen its share price suffer moderately since our initiating report, despite extensive drilling and strong assay results in the interim. We believe that this creates an opportunity for investors to shore up their positions at a lower level, before a summer of potentially valuation altering catalysts.
• Extensive Drilling and Strong Assay Results: The company announced multiple highlight assay results on 2020 drilling, which was then followed by 34,000 meters of RC drilling in 2021. SGO intercepted almost 75 meters of mineralized material (averaging 0.605 g/t Au) in one of its recent holes, one of many strong results from recent drilling.
• Advancing Heap Leach Mining Operation (“HLMO”) Initiatives: SGO has conducted initial metallurgical testing on Cerro Caliche's mineralization, with the aim of determining heap leach characteristics and developing process flow sheet. This comes as SGO is set to scale up the projected HLMO from 8,