Sonoro Gold Corp · TSXV:SGO
Sonoro Gold — Corporate Update (December 2020)
15 slides from Sonoro Gold's corporate update, Dec 10, 2020
Slide 1: Cerro Caliche Project Update
Cerro Caliche Project Update December 10, 2020 John Darch, Chairman Kenneth MacLeod, President & CEO
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: Legal Cautions
Legal Cautions ADDITIONAL FORWARD-LOOKING STATEMENT CAUTIONS: The Company is continuing to advance its conceptual fast-track development schedule for the Cerro Caliche project with the aspirational goal of commencing gold production by the end of 2021. A successful realization of that goal remains s
Slide 4: Cerro Caliche Project Highlights
Cerro Caliche Project Highlights Exceptionally Productive 4th Quarter 2020 ✔ Secured $8M financing ✔ Objectives achieved ✔ Drilling 4,000 m core and 7,000 m RC to December 15 ✔ Total drilling to date 34,680 m ✔ Inc. 11 metallurgical test holes from proposed open pit zones ✔ Existing zones expanded a
Slide 5: Cerro Caliche – Prime Location
Cerro Caliche – Prime Location Location of Cerro Caliche Project ✔ 45 kilometers SE of Magdalena de Kino ✔ 3 hrs. N of Hermosillo; 3 hrs. S of Tucson, AZ ✔ Sonora-Cucurpe Mega-district ✔ Neighboring operating gold mines ✔ Premier Gold’s Mercedes underground gold mine ✔ Goldgroup’s Cerro Prieto open-
Slide 6: Conceptual Epithermal Model
Conceptual Epithermal Model masl 1,700 El Desprecio 1,600 Magdalena, Diana, El Puerto 1,500 Projected Favorable zone El Rincón, Reyna de Plata, El Bellotozo Veta de Oro, Gloria, Chinos Altos 1,400 Cerro Caliche Japoneses, Cuervos, Abejas, Abel Cabeza Blanca, Buena Suerte 1,300 El Quínce, San Quintín
Slide 7: Gold Mineralized Zones Being Drilled
10 Gold Mineralized Zones Being Drilled NI 43-101 Maiden Resource Estimate: 201,000 Oz AuEq*, average grade 0.5 g/t gold & 4.3 g/t silver - Japoneses (90%) – El Colorado (10%) *NI 43-101 Technical Report on the Cerro Caliche Property, July 26, 2019, Strickland, D., Sim, R.C. prepared for Sonoro Meta
Slide 8: Major Gold Mineralized Zones To Date
4 Major Gold Mineralized Zones To Date ✔ El Rincon – Veta de Oro – Abejas: Over 2 km total length (drilling continuing) ✔ Japoneses - Cuervos: 1.3 km total length x 300 m wide (drilling continuing) ✔ Buena Suerte: 450 m in length x 45 m wide (drilling continuing) ✔ El Colorado – Cabeza Blanca: Over
Slide 9: Selected Assay Results by Zone
Selected Assay Results by Zone Buena Suerte El Rincon (1 km NW) ➢ 45.72 m @ 0.97 Au ➢ 20.95 m @ 0.85 g/t AuEq (0.5 g/t Au + 25 g/t Ag) ➢ 10.67 m @1.06 g/t Au ➢ 21 m @ 1.13 g/t AuEq (0.88 g/t Au + 18 g/t Ag) ➢ 6.09 m @ 3.99 g/t Au ➢ 10.67 m @ 0.744 g/t AuEq (0.71 g/t Au + 2.1 g/t Ag) Veta de Oro ➢ 16
Slide 10: New Zone: El Rincon – Veta de Oro
New Zone: El Rincon – Veta de Oro 10
Slide 11: New Zone: Buena Suerte – Easy to Mine
New Zone: Buena Suerte – Easy to Mine 10.67 m @ 0.96 g/t Au 45.72 m @ 0.97 g/t Au 6.09 m @ 3.99 g/t Au Inc. 15.24 m @ 2.1 g/t Au Inc.3.04 m @ 7.8 g/t Au 11
Slide 12: Japoneses Zone – Cross Section
Japoneses Zone – Cross Section Japoneses 4.57 m @3.33 g/t Au 28.96 m @0.918 g/t Au 6.09 m @2.88 g/t Au 39.62 m @0.884 g/t Au 4.57 m @1.95 g/t Au 33.53 m @0.565 g/t Au 12
Slide 13: El Colorado – New Assays Pending
El Colorado – New Assays Pending El Colorado 15.24 m @0.60 g/t Au 1.52 m @11.45 g/t Au 9.14 m @2.57 g/t Au 7.62 m @1.77 g/t Au 15.24 m @0.99 g/t Au 12.19 m @11.22 g/t Au 7.62 m @2.07 g/t Au 13
Slide 14: Cerro Caliche – What's Next?
Cerro Caliche – What’s Next? • December 2020: Complete 4,000 m core & 7,000 m RC drilling • 2021: Infill & step-out drilling to expand resource • 2021: Exploration drilling for high grade Au/Ag in vein zones • January - April 2021: Environmental review process • April 2021: Complete metallurgical te
Slide 15: Contact details
Suite 408, 470 Granville Street Vancouver, BC V6C 1V5 Tel: 604.632.1764 www.sonorogold.com info@sonorogold.com 15