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SOMA GOLD CORP. ANNOUNCES Q2 GOLD PRODUCTION AND BLOCKADE AT THE CORDERO MINE AND EL BAGRE GOLD COMPLEX
SOMA GOLD CORP. ANNOUNCES Q2 GOLD PRODUCTION AND BLOCKADE AT THE CORDERO MINE AND EL BAGRE GOLD C...
About this update from Soma Gold Corp.
[{"type":"text","content":"\n \n \n \n SOMA GOLD CORP. ANNOUNCES Q2 GOLD PRODUCTION AND 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 8, 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 \") announces a temporary suspension of mining and processing activities at its el Bagre mine and mill in Antioquia,\n \n Colombia\n \n , due to a community blockade. This action by the local community has restricted access for employees and supplies, leading to a Care and Maintenance status for the site. The blockade began on\n \n Wednesday, July 3\n \n , driven by community frustration over delays in local road maintenance and paving. Despite ongoing efforts by Soma and municipal authorities to address these concerns through a cost-sharing plan for paving approximately 3.5 km of regional road, the community has expressed dissatisfaction with the pace of progress.\n \n \n \n \n \n \n \n \n \n Soma has successfully negotiated with the community to allow access for critical supplies, security, and maintenance crews, ensuring essential operations continue. Discussions between all parties are ongoing, with a mutual goal of resolving the situation promptly.\n \n \n Soma recently completed a planned maintenance shutdown of the el Bagre mill, which included a successful rebuild of the ball mill. Operations resumed on schedule in late June.\n \n \n Q2 2024 gold production was 6,590 AuEq ounces, with 7,209 AuEq ounces sold. Total AuEq ounces sold for the first half of the year amounted to 14,233, representing 99.7% of the planned 14,277 AuEq ounces for the period.\n \n \n \n Geoff Hampson\n \n , Soma's President and CEO, states, \"We are actively collaborating with the local community and are confident that a solution will be achieved in the coming days. While the blockade has caused a temporary production halt, we anticipate accessing a higher-grade area of the mine in the second half of the year...