reports
- Ryan Long
Sonoro Gold files its preliminary economic assessment
Sonoro Gold has now filed its preliminary economic assessment (PEA) on SEDAR for the production of 33,000 ounces of gold equivalent over a nine-year life of mine at the Cerro Caliche Gold Project, located in Sonoro State, Mexico (Figure 1).Compared to previous versions of the PEA, completed in 2021
- Ryan Long
Sonoro Gold's Robust PEA
Sonoro Gold has announced the results of the new Preliminary Economic Assessment (PEA) of the Cerro Caliche Gold Project, located in Sonoro State, Mexico.The PEA returned a post-tax net present value (NPV) of US$47.7 million and a post-tax internal rate of return (IRR) of 45% for an open pit oxide
- Ryan Long
Sonoro Gold Corp: New PEA and gold production draw nearer
Sonoro Gold Corp. has successfully defined a significant oxide gold deposit at shallow depths at the Cerro Caliche Project, Mexico. Cerro Caliche has a NI 43-101 compliant total mineral resources estimate of 440,000 ounces of gold equivalent at an average grade of 0.45 grams per tonne (g/t) gold eq
- Ryan Long
Near-term gold production to fund regional exploration
Sonoro Gold Corp. is looking to advance its Cerro Caliche Gold Project, in Sonora State, Mexico, into near-term production, targeting maiden production in 2024.The Company plans to use the cash flow generated from initial production at Cerro Caliche to fund additional exploration at the project, so
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