Sonoro Gold (SGO.V / SMOFF) Has Submitted Their Environmental Statement For Permit
This is fantastic news as it puts us at another major step forward in the development of the Cerro Caliche project and further on the path to gold production. But SGO isn’t slowing down “During the MIA-ETJ permitting phase, the Company will continue to move the project forward as it initiates site preparation work and focuses on arranging project financing. Management will also update the project’s estimated resource to incorporate the results from its nearly completed Phase IV drilling program and assess the potential impact on the project’s mine life and economic viability.”
Only a $17M market cap and production/revenue is around the corner. Updated Resource estimate and updated PEA coming soon too…. Many catalysts ahead for this share price.
Posted May 4, 2022, 6:45 PM UTC