Business
SOMA GOLD ANNOUNCES AN UPDATE TO PLANNED EXPLORATION ON THE OTU FAULT IN ANTIOQUIA, COLOMBIA
SOMA GOLD ANNOUNCES AN UPDATE TO PLANNED EXPLORATION ON THE OTU FAULT IN ANTIOQUIA, COLOMBIA ...
About this update from Soma Gold Corp.
[{"type":"text","content":"\n \n \n \n SOMA GOLD ANNOUNCES AN UPDATE TO PLANNED EXPLORATION ON THE OTU FAULT IN ANTIOQUIA, COLOMBIA\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 3, 2023\n \n \n /CNW/ -\n \n Soma Gold Corp.\n \n (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the \"Company\" or \"Soma\") announced the acquisition of the Otu Centro properties in Antioquia,\n \n Colombia\n \n , in\n \n May 2023\n \n (see press release,\n \n May 17, 2023\n \n ). The property is immediately to the south of, and contiguous with, the Company's existing Zara exploration properties in Antioquia,\n \n Colombia\n \n , along the prolific Otu Fault corridor. Soma has initiated the exploration of the new properties and is pleased to provide an update on the planned 2023 exploration program.\n \n \n \n \n \n \n \n \n \n The most significant vein occurrences are at the La Aurora and Constancia mines, which have over 1,000 meters of development work to a depth of\n \n 130 m\n \n . The project has had limited historical diamond drilling. Most of the exploration on the property has been surface exploration and informal small-scale mining at some of the known quartz veins on the property. Soma has planned a two-phase\n \n 10,000 m\n \n diamond drill program to start in Q3 of 2023. Phase 1 of the program is\n \n 5,000 m\n \n of drilling designed to evaluate structural controls on the quartz veins in the La Aurora and Constancia mines. The drill holes will target the down-plunge extent of recently identified high-grade ore shoots within the mine. The deposit is also open along strike to the north and south. Evaluation of the along-strike potential for mineralization will be tested during the phase 1 drilling program. The drilling program at the La Aurora Mine will be completed by a contract drilling company, Logan Drilling Colombia S.A.S. This contract drilling is in addition to the ongoing\n \n 20,000 m\n \n annual drill programs on the Bagre and Zara projects. Total drilling on the Company's properties on the Otu fault is\n \n 294,464 m\n...