Business
Soma Gold releases positive PEA and resource update on the company’s Colombian project
(NewsDirect) Soma Gold CEO Javier Cordova said the company had released a resource estimate f...
About this update from Soma Gold Corp.
[{"type":"text","content":"Soma Gold releases positive PEA and resource update on the company’s Colombian project\n \n \n (NewsDirect)\n \n \n Soma Gold CEO Javier Cordova said the company had released a\nresource estimate for its Cordero mine, which represented a big\nimprovement compared to the last update. Cordova also said the company\nreleased a positive preliminary economic assessment for the\ndevelopment of the mine. Cordova also said there was potential to\nincrease the resource and extend the mine life which remains open on\nstrike and at depth. Cordova also said it had released its guidance\nfor 2023 looking for a further 50% increase in annual production to\n35,500 gold-equivalent ounces with a further 24% increase to over\n44,000 ounces per year in 2024 and 2025.\n \n \n \n \n Proactive\nCanada Financial News\n \n \n \n Contact\nDetails\n \n \n \n \n Proactive Canada\n \n \n \n Proactive\nCanada\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1362,"tagName":"div"}]