SONORO GOLD ANNOUNCES EXPANSION OF CERRO CALICHE GOLD PROPERTY

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[{"type":"text","content":"SONORO GOLD ANNOUNCES EXPANSION OF CERRO CALICHE GOLD PROPERTY\nVANCOUVER, Canada, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that, through its wholly owned Mexican subsidiary, Minera Mar de Plata (“MMP”), it has executed Assignment of Rights Agreements (the “Agreements”) with two residents of Sonora, Mexico (the “Vendors”) to acquire ten (10) mineral concessions along strike and adjacent to the northern and southern boundaries of the Company’s Cerro Caliche gold project in Sonora, Mexico. Both Vendors are at arm’s length to the Company and to its associates and affiliates. Under the agreements, MMP will acquire a 100% interest in an additional 2,574.16 hectares (ha) of mining concessions for total consideration of USD $4.0 million to be paid in installments totalling USD $1.0 million per year over the next four years. In addition, the Company is assuming responsibility for the payment of outstanding mineral concession fees totaling approximately USD $570,000. The purchase consideration does not include the issuance of any securities nor any grant of a royalty interest. The acquisition significantly expands the Cerro Caliche property to twenty-five (25) contiguous mining concessions covering a total area of 3,924.26 ha, potentially extending known mineralized corridors both to the northwest and the southeast. Figure 1. Map of Cerro Caliche Project and newly acquired concessions.Please click here to view image “We are pleased to have successfully acquired these strategic mining concessions and expand the project’s footprint in Mexico’s top gold-producing state. We believe the acquisition not only increases the project’s exploration potential but may also expand the known mineralized corridors in the northern and southern regions of the property.” commented Sonoro’s President and CEO Kenneth Macleod. Adding “Our primary objective remains initiating production on Cerro Caliche’s central mineralized zones and utilizing generated cashflow for future exploration and potential resource expansion.” On October 12, 2023, Sonoro filed a Technical Report entitled “NI 43-101 Technical Rep...

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