Slide 1: Cerro Caliche Project: Character of Au-Ag Veins and Vein Zones
CERRO CALICHE PROJECT Character of Au-Ag Veins and Vein Zones Cucurpe Sonora, México November 2020 Oscar Gonzalez Chief Geologist Mexico
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: 35 years experience in the identification, funding, exploration and development of mining and Canadian junior publicly listed exploration and energy projects worldwide. development company Kenneth MacLeod, President, CEO
Slide 4: Location of Cerro Caliche Gold Project
Cerro Caliche Gold Project Location of Cerro Caliche Project 45 kilometers southeast of Magdalena de Kino 3 hrs north of Hermosillo; 3 hrs south of Tucson, AZ Sonora-Cucurpe Mega-district Neighboring operating gold mines Premier Gold’s Mercedes underground gold mine Goldgroup’s Cerro Pri
Slide 5: Cerro Caliche Gold Project: Concessions Status and Geology
Cerro Caliche Gold Project Concessions Status 100% interest in 1,400 ha. within private ranch Mineralized structures cover entire concession, more than 30 named historic gold mining sites. Potential for large tonnage, low-grade gold deposit Open pit, heap-leach, low-strip ratio gold targets
Slide 6: Cerro Caliche Geologic Map
Cerro Caliche Geologic Map Host rocks include Jurassic-Cretaceous volcano meta-sedimentary rock units. Younger intrusive rock consisting of medium coarse- grained granodiorite-granite and it is apparent that veining cuts and pervasively alters all the intrusive rocks. Rhyolite occurs in irregular bo
Slide 7: Gold Mineralization Zones
Cerro Caliche Project Gold Mineralization Zones The epithermal system within the concession is dispersed throughout the 14 km² area There are multiple Au mineralized veins with NW inferred strike continuity of some veins up to 4 km Around 60 km of epithermal veins mapped between elevations of 1,050
Slide 8: Rock Sample Graphic and Gold Range Plot
Cerro Caliche Project Rock Sample Graphic Gold Range Plot Chips and channel samples of veins, stockwork and rocks 6,300 Samples: 2,500 by Sonoro 3,800 by Others All samples Average 0.48 g/t Au 6.7 g/t Ag 8
Slide 9: Rock Samples by Elevation
Cerro Caliche Project Rock Samples by Elevation > 1 Au_ppm (within our concessions) 495 samples 3 g/t Au average 35 g/t Ag average 9
Slide 10: Conceptual Epithermal Model
Cerro Caliche Project Conceptual Epithermal Model masl 1,700 El Desprecio 1,600 Magdalena, Diana, El Puerto 1,500 El Rincón, Reyna de Plata, El Bellotozo Projected Favorable zone Veta de Oro, Gloria, Chinos Altos 1,400 Cerro Caliche Japoneses, Cuervos, Abejas, Abel Cabeza Blanca, Buena Suerte 1,300
Slide 11: Vertical Textural Changes
Cerro Caliche Project Vertical Textural Changes Vertical textural changes in main structures were noted, showing at topographic upper zones (1400-1650 masl) fine silica and brecciated silica in veins Banded veins were more commonly observed between 1200-1400 m along with brecciation in main structur
Slide 12: Gold Mineralized Structures
Cerro Caliche Project Gold Mineralized Structures Veins are brecciated to rhythmic open space fill-up of 0.3 - 4 meters, mostly whitish and gray fine and medium grained sized quartz and possibly adularia with bands of grayish quartz saccharoidal or banding with iron oxides after sulfides, as well as
Slide 13: Historic Data and Sonoro Drilling
Cerro Caliche Project HISTORIC DATA PAGET 18 Holes (3,037 m) COREX: 86 Holes (7,725 m) Cambior: 13 Holes (1,919 m) SONORO Approximately 16,000 m of Reverse Circulation (RC) drilling completed in 138 Holes. 3,200 m of DDH drilling done in 22 Holes. 50,000 m core & RC drill program launched in Sept 20
Slide 14: Inferred Resources
Cerro Caliche Project Inferred Resources 200,000 Oz AuEq1 Average grade of 0.5 g/t gold and 4.3 g/t silver that would be amenable to open pit Japoneses CENTRAL Abejas ZONE extraction methods. Distributed in 2 Zones: Central & West WEST ZONE Cabeza Blanca Buena Suerte Guadalupe Cuervos El Colorado Th
Slide 15: Japoneses
Cerro Caliche Project Japoneses CCR-60 4.57m@3.33g/t Au, 11g/t Ag or 28.96m@0.918g/t Au, 5g/t Ag SCR-004 6.09m@2.88g/t Au, 20g/t Ag or 39.62m@0.884g/t Au, 9g/t Ag SCR-011 4.57m@1.95g/t Au, 19g/t Ag or 33.53m@0.565g/t Au, 6g/t Ag 15
Slide 16: Japoneses
Cerro Caliche Project Japoneses 300 m CCR-21 40.5m@0.5g/t Au SCR-64 1.53m@3.92/t Au or 9.15m@1.23g/t Au SCR-105 12.19m@1.06g/t Au or 73.15m@0.4g/t Au 16
Slide 17: Japoneses Conceptual Epithermal Model
Cerro Caliche Project Japoneses Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 17
Slide 18: Cuervos
Cerro Caliche Project Cuervos CCR-73 6.10m@2.355g/t Au, 53g/t Ag or 21.34 m@0.980g/t Au, 15g/t Ag CCR-73 9.14m@2.25g/t Au, 7g/t Ag or 36.58 m@0.878g/t Au, 3g/t Ag CCR-25 4.57m@2.79g/t Au, 2g/t Ag CCR-34 33m@0.530g/t Au 18
Slide 19: Cuervos Conceptual Epithermal Model
Cerro Caliche Project Cuervos Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 19
Slide 20: Abejas
Cerro Caliche Project Abejas CCR-29 7.62m@1.03g/t Au or 39.62m@0.4g/t Au Chinos NW CCR-22 3.05m@2.84g/t Au, 30g/t Ag or 20m@0.729g/t Au, 15g/t Ag SCR-019 3.05m@1.79g/t Au, 16g/t Ag or 20m@0.521g/t Au SCR-022 3.05m@1.84g/t Au, 39g/t Ag or 75m@0.305g/t Au 20
Slide 21: Abejas Conceptual Epithermal Model
Cerro Caliche Project Abejas Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 21
Slide 22: Buena Suerte
Cerro Caliche Project Buena Suerte Buena Vista CCR-47 1.52m@6.11g/t Au, 13g/t Ag SCR-062 or 24.38m@0.780g/t Au 25.91m@0.583g/t Au, 12g/t Ag 22
Slide 23: Buena Suerte Conceptual Epithermal Model
Cerro Caliche Project Buena Suerte Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 23
Slide 24: Veta de Oro
Cerro Caliche Project Veta de Oro SCR-057 6.09m@2.46g/t Au, 133g/t Ag or 21.34m@0.906g/t Au 24
Slide 25: Veta de Oro Conceptual Epithermal Model
Cerro Caliche Project Veta de Oro Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 25
Slide 26: Cabeza Blanca
Cerro Caliche Project Cabeza Blanca Guadalupe CCR-66 7.62m@1.8g/t Au, 28 g/t Ag SCR-031 SCR-030 or 30m@0.7 g/t Au, 8 g/t Ag 1.53m@2.18g/t Au, 1 g/t Ag 1.53m@5.2g/t Au, 1 g/t Ag or 10m@1.26 g/t Au SCR-034 1.53m@2.62g/t Au, 9 g/t Ag 26
Slide 27: Cabeza Blanca Conceptual Epithermal Model
Cerro Caliche Project Cabeza Blanca Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 27
Slide 28: El Colorado
Cerro Caliche Project El Colorado SCR-037 15.24m@0.6g/t Au, 7 g/t Ag SCR-036 1.52m@11.45g/t Au, 3 g/t Ag SCR-045 or 9.14m@2.57g/t Au, 1 g/t Ag 7.62m@1.77g/t Au, 7g/t Ag or 15.24m@0.992g/t Au, 4g/t Ag SCR-044 12.19m@11.22g/t Au, 6g/t Ag and 7.62m@2.07g/t Au, 16g/t Ag 28
Slide 29: El Colorado Conceptual Epithermal Model
Cerro Caliche Project El Colorado Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 29
Slide 30: La Española
Cerro Caliche Project La Española CCR-50 1.52m@6.80g/t Au SCR-068 3.05m@6.13g/t Au, 3g/t Ag SCR-068 1.52m@3.25g/t Au or 20m@0.730g/t Au 30
Slide 31: La Española Conceptual Epithermal Model
Cerro Caliche Project La Española Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 31
Slide 32: El Rincón
Cerro Caliche Project El Rincón CCR-011 2.5m@2.27g/t Au, 364g/t Ag or 8.8m@0.603g/t Au, 80g/t Ag SCR-047 3.05m@1.58g/t Au or 10.67m@0.714g/t Au CCR-011 4.65m@3.08g/t Au, 4g/t Ag or 9.95m@1.706g/t Au 32
Slide 33: El Rincón Conceptual Epithermal Model
Cerro Caliche Project El Rincón Conceptual Epithermal Model Modificado de Buchanan (1981), Corbett & Leach (1996) y otros. 33
Slide 34: Alteration
Cerro Caliche Project Alteration Alteration assemblages observed outcropping and drilling are chlorite + limonite (after pyrite) ± calcite (sometimes clay altered) as propylitic alteration, sericite-illite + quartz + limonite (after pyrite) for phyllic alteration, silicification, supergene clays-ill
Slide 35: 2020-2021 Timelines for Cerro Caliche
Cerro Caliche Project 2020-2021 Timelines for Cerro Caliche December 2020: Complete 4,000 m core and 7,000 m RC drilling 2020/21: Infill & step-out drilling to expand inferred resource and explore for high grade gold and silver in vein zones December 2020: Submit application for environmental
Slide 36: Contact: Suite 408, 470 Granville Street Vancouver
Suite 408, 470 Granville Street Vancouver, BC V6C 1V5 Tel: 604.632.1764 www.sonorogold.com info@sonorogold.com 36