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Soma Gold Achieves Record Production in Month of August

Soma Gold Achieves Record Production in Month of August Canada NewsWire ...

articleSoma Gold Corp.September 2, 20215/company/soma-gold-corp/news/soma-gold-achieves-record-production-in-month-of-august
Soma Gold Achieves Record Production in Month of August

About this update from Soma Gold Corp.

[{"type":"text","content":"\n \n \n \n Soma Gold Achieves Record Production in Month of August\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Start of mining at Cordero increases monthly Au production by 47%\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Sept. 2, 2021\n \n /CNW/ -\n \n Soma Gold Corp.\n \n (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the \"\n \n Company\n \n \" or \"\n \n Soma\n \n \") is pleased to announce that 1,968.2 AuEq ounces were produced at the Company's El Bagre mill during the month of August. The average head grade during the month was 5.65 gpt, a 19% increase from the average year to date head grade of 4.76 gpt. Of the 12,191.82 tonnes milled at the El Bagre plant during the month of August, 1,240.87 tonnes were sourced from the new Cordero Mine. This production represents an average of 146.16 TPD since production started from the Cordero Mine. The average head grade from the Cordero Mine, during the month of August, was 9.35 gpt. Production at Cordero is expected to ramp up to 400 TPD during Q4 2021 and to 600 TPD in early 2022.\n \n \n \n \n \n \n \n \n \n \n Javier Cordova\n \n , Soma's CEO, states, \"Mining in the months prior to August was restricted to only the La Ye and Mangos mines where combined mining averaged 338 TPD. That tonnage represents only 75% of the el Bagre mill capacity and 51% of the combined el Bagre and el Limon installed capacity. The average head grade YTD has been 4.76 gpt. Production at the Cordero mine, where the average grade has been 9.35 gpt, started on\n \n August 15\n \n \n th\n \n and the addition of this higher-grade material already has had an impact on the number of ounces produced in the month. As production at Cordero continues to ramp up over the coming months, we expect to restart the el Limon mill and increase combined through-put to 600+ TPD at an average grade of 7.5 gpt. The increase in both the tons milled and average grade will result in a significant increase in the monthly gold production.\"\n \n \n Mr.\n \n Edwin Naranjo Sierra\n \n , FAusIMM, MSc, Se...

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