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SOMA GOLD ANNOUNCES SUCCESSFUL RESOLUTION AND THE LIFTING OF THE BLOCKADE AT THE CORDERO MINE AND EL BAGRE GOLD COMPLEX
SOMA GOLD ANNOUNCES SUCCESSFUL RESOLUTION AND THE LIFTING OF THE BLOCKADE AT THE CORDERO MINE AND...
About this update from Soma Gold Corp.
[{"type":"text","content":"\n \n \n \n SOMA GOLD ANNOUNCES SUCCESSFUL RESOLUTION AND THE LIFTING OF THE BLOCKADE AT THE CORDERO MINE AND EL BAGRE GOLD COMPLEX\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 July 10, 2024\n \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, in cooperation with the Mayor and Municipality of Zaragoza and the local community, the issues pertaining to the paving of a local road have been resolved, and the blockade has now been lifted. The Company's workers will return to work for the Wednesday morning shift, and regular production is expected to ramp up by Wednesday.\n \n \n \n \n \n \n \n \n \n The Company extends its gratitude to all the participants in the negotiations that led to this settlement. Management is pleased with the collaborative approach demonstrated in addressing the community's concerns and allowing employees to get back to work.\n \n \n \n Geoff Hampson\n \n , Soma President and CEO, states, \"While this temporary suspension of work is expected to result in the loss of approximately 700 ounces of AuEq production, we are confident that this shortfall can be recovered during the remainder of the year. As a result, we are maintaining our guidance for F2024.\"\n \n \n \n ABOUT SOMA GOLD\n \n \n \n Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration. The Company owns two adjacent mining properties in Antioquia,\n \n Colombia\n \n with a combined milling capacity of 675 tpd. (Permitted for 1,400 tpd). The El Bagre Mill is currently operating and producing. Internally generated funds are being used to finance a regional exploration program.\n \n \n With a solid commitment to sustainability and community engagement, Soma Gold Corp. is dedicated to achieving excellence in all aspects of its operations.\n \n \n The Company also owns an exploration property near Tucuma, Para State,\n \n Brazil\n \n that is currently under option to E...