Business
Sonoro Gold Corp "not hanging around" at Cerro Caliche - Proactive Research Analyst
(NewsDirect) Proactive Research Analyst Ryan Long speaks to Thomas Warner from Proactive ...
About this update from Sonoro Gold Corp
[{"type":"text","content":"Sonoro Gold Corp \"not hanging around\" at Cerro Caliche - Proactive Research Analyst\n \n \n (NewsDirect)\n \n \n \n \n Proactive Research Analyst Ryan Long\nspeaks to Thomas Warner from Proactive London after releasing a new\nreport on Sonoro Gold Corp., focusing on the recent publication of the\nPreliminary Assessment (PEA) for their Cerro Caliche project.\n \n \n With only 30% of known gold occurrences\nexplored, the company aims to rapidly advance the project into\nproduction to generate cash flow and minimise reliance on equity\nmarket placements. Diverging from the traditional exploration\napproach, Sonoro Gold has already identified 400,000 oz of oxide gold,\nwhich requires less resource-intensive processing.\n \n \n This enables a low capital expenditure\nmine construction at $15.5 million USD. The company's recent\nplacement, where directors subscribed to 71% of the offering,\nunderscores their confidence in executing this strategy. Looking\nahead, Sonoro Gold is awaiting mining permits and actively pursuing\nfunding for mine construction.\n \n \n Read Ryan's report here:\n \n https://www.proactiveinvestors.co.uk/companies/news/1025111/sonoro-gold-s-robust-pea-1025111.html\n \n \n \n \n Contact\nDetails\n \n \n \n Proactive Canada\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":1906,"tagName":"div"}]