Sonoro Gold Corp · TSXV:SGO
Sonoro Gold — Investor Presentation (October 2021)
20 slides from Sonoro Gold's investor presentation, October 2021
Slide 1: Corporate Presentation October 2021 – Cerro Caliche Gold Project
CORPORATE PRESENTATION OCTOBER 2021 CERRO CALICHE GOLD PROJECT
Slide 2: Qualified Person / Legal Cautions
Qualified Person / Legal Cautions QUALIFIED PERSON: All scientific or technical information contained in this presentation has been reviewed and approved by Stephen Kenwood, P.Geo., a Director of Sonoro Gold Corp., who is a “Qualified Person" as defined in National Instrument 43-101 of the Canadian
Slide 3: Company Overview
Company Overview Highlights Management Team John Darch, Chairman & Director: ü Publicly listed gold exploration and 35 years experience as financier, developer & operator in international resource sector. development company (TSXV: SGO) (OTCQB: SMOFF) (FRA: 23SP) Kenneth MacLeod, President, CEO & Di
Slide 4: Cerro Caliche – Prime Location
Cerro Caliche – Prime Location Location ü 3 hours north of Hermosillo ü 3 hours south of Tucson, AZ ü First-class infrastructure ü Pro-mining jurisdiction ü Neighboring gold mines Ø Equinox Gold’s Mercedes Gold Mine Ø Goldgroup’s Cerro Prieto Gold Mine Ø Agnico Eagle’s Santa Gertrudis Gold Project Ø
Slide 5: Cerro Caliche PEA Highlights
Cerro Caliche PEA Highlights PEA Highlights ($1,750/oz gold price) USD $41.5 million 323.5k oz AuEq After-Tax NPV (5%) LOM Total Production 32.5% 56,500 oz AuEq After Tax IRR Annual Production (Years 1-3) USD $32.2 million 74% Recovery Initial Capital Costs Gold Recovery Rate 2.2 Years $1,227/oz Pay
Slide 6: PEA Highlights – Capital Costs
Cerro Caliche PEA Highlights Capital Costs CAPITAL COSTS US$M Estimated Capital Costs based on Open-Pit, Direct Heap Leach Mining Operation 3-Stage Crushing Facility $12.75 Leaching Area $2.02 Leach Pad & Pond $3.07 Equipment & Materials $1.29 Contingency Total Direct Costs $19.13 $3.81M Infrastruct
Slide 7: PEA Highlights – Operating Costs
Cerro Caliche PEA Highlights Operating Costs Operating Costs Life of Mine Initial 3-Years USD $ USD $/oz USD $ USD $/oz Cash Costs & AISC Million AuEq Million AuEq Mining $174.7 $540 $91.3 $538 Processing $204.9 $633 $97.8 $577 G&A $17.3 $53 $7.41 $44 Total Cash Costs $396.9 $1,227 $196.5 $1,159 Ref
Slide 8: PEA Highlights – Mineral Resource Estimate
Cerro Caliche PEA Highlights Mineral Resource Estimate (within Resource Pit Shells) ü Total tonnes processed: 31.5Mt ü M&I: 349,000 oz @0.41 g/t Au ü Inferred 71,000 oz @0.40 g/t Au Potential Mineralization (outside Resource Pit Shells, identified by limited exploration drilling) ü 19.25 to 34.37 Mt
Slide 9: Over 47,500 m Drilling
Cerro Caliche – Over 47,500 m Drilling 9
Slide 10: Sections Plan View
Cerro Caliche – Sections Plan View El Rincón El Bellotoso Gloria El Boludito Veta de Oro Cabeza Blanca Abejas Japoneses Buena Guadalupe Suerte La Española Cuervos Chinos Altos El Colorado 1 kilometer 10
Slide 11: Cabeza Blanca Longitudinal Section B-B'
Cerro Caliche – CABEZA BLANCA Longitudinal Section B-B’ Looking East g/t Au SCR-256 SCR-253 CCR-066 SCD-030 CCR-021 CC-030 SCR-032 SCR-033 SCR-248 SCR-042 200 meters 600 meters SCR-248, 13.72m@0.535 g/t Au CCR-066, 28.96m@0.70 g/t Au , includes 3.05m@2.523 g/t Au CC-030, 22.5m@0.467 g/t Au, includes
Slide 12: Buena Suerte Longitudinal Section C-C'
Cerro Caliche – BUENA SUERTE Au g/t Longitudinal Section C-C’ SCR-124 SCR-125 SCR-109 SCR-223 SCR-159 SCR-148 SCR-211 SCR-219 SCR-221 SCR-186 200 Meters SCR- 167 900 Meters SCR-186, 24.39m@1.206 g/t Au, includes 13.72m@1.853 g/t Au SCR-159, 7.62m@3.088 g/t Au, includes 3.05m@6.839 g/t Au SCR-148, 27
Slide 13: Japoneses Longitudinal Section D-D'
Cerro Caliche – JAPONESES g/t Au Longitudinal Section D-D’ Looking North-East Japoneses Cuervos SCR-151 SCR-004 CCR-73 CCR-13 SCR-104 SCR-136 CCR-25 CC-021 CCR-72 SCR-222 200 meters 1.3 kilometers SCR-222, 15.24m@2.039 g/t Au, includes 6.1m@3.15 g/t Au SCR-004, 39.62m@0.884 g/t Au, and 6.09m@2.881 g
Slide 14: Central Zone Cross Section E-E'
Cerro Caliche – CENTRAL ZONE g/t Au Cross Section E-E’ Looking North Buena Buena Japoneses Chinos NW Abejas Suerte Vista CCR-74 SCR-007 SCR-089 SCR-223 SCR-186 SCR-222 141-97-12 SCR-109 SCR-247 SCR-136 200 meters 1 kilometer SCR-223, 74.67m@0.605 g/t Au, includes 1.52m@3.677 g/t Au SCR-136, 56.39m@0
Slide 15: 2021-2022 Program: Surface Sampling & Mapping
Cerro Caliche Gold Project 2021-2022 Program Surface Sampling & Mapping Ø Confirmed 750m zone extensions Ø Revealed mineralized “windows” along 2 structural corridors Ø Near surface, high-grade targets Ø 5 high-priority window targets § El Colorado - La Ventana v 3 gold mineralized windows § Buena S
Slide 16: RC Drilling Program
Cerro Caliche Gold Project RC Drilling Program Ø 10,000m next phase Mineralized Zones Map Holes Meters A El Colorado Zone 9 705 El Colorado/La Ventana B Corridor 13 1,230 Buena Suerte Zone C 12 1,215 Buena Suerte/San D Quintín Corridor 23 1,800 El Rincón Zone E 14 1,110 Cuervos Zone F 13 1,290 Cabez
Slide 17: 2021-2022 Program
Cerro Caliche Gold Project 2021-2022 Program ü HLMO Ø Metallurgical Testing (completed) Ø Condemnation drilling Ø Technical Reports Ø Engineering Design Ø Environmental Review Ø Permitting Ø Project Financing Ø Site Preparations Ø Construction Ø Commissioning Ø 15,000 tpd initial throughput 17
Slide 18: Projected Timeline
Cerro Caliche Gold Project Projected Timeline 2021-2022 Cerro Caliche Activities Sep Oct Nov Dec Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec Infill and Step-Out RC Drilling High-Grade Target Core/RC Drilling Announce PEA results summary File Preliminary Economic Assessment Studies & Engineering
Slide 19: Capital Structure
Capital Structure Share Structure CANADA……TSX.V: SGO Trading Symbols USA…….OTCQB: SMOFF GERMANY……FRA: 23SP Recent Share Price $0.20 Year-High $0.39 Year-Low $0.16 Average Monthly Volume (6 months) 6.5 million Market Capitalization $20 million Current Issued & Outstanding 102.39 million Warrants ($0.
Slide 20: Contact
Suite 408, 470 Granville Street Vancouver, BC V6C 1V5 Tel: 604.632.1764 www.sonorogold.com info@sonorogold.com 20