Tuesday, March 01, 2022 11:34:09 AM
VANCOUVER, Canada, March 1, 2022 – Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to report the initial assay results from the first 24 drill holes of a 10,000-meter drilling campaign currently underway at its Cerro Caliche gold project in Sonora, Mexico. The objective of the program is to increase the estimated size and grade of the project’s oxide gold mineralization as well as to establish a basis for an extension of the estimated life of the proposed heap leach mining operation as outlined in the Preliminary Economic Assessment and updated Mineral Resource Estimate filed under the Company’s profile on SEDAR on October 29, 2021 (the “Mineral Resource Estimate”).
The results include drilling conducted in the gold mineralized zones of El Colorado and Guadalupe, located in the southwestern region of the property, where assays returned multiple higher-grade gold intercepts within larger intervals of high-grade gold mineralization. Drilling is continuing at both zones.
Highlights are as follows:
SCR-266 intercepted 9.14m averaging 1.04 g/t Au; including 1.52m averaging 2.28 g/t Au; including 1.53m averaging 3.01 g/t Au
SCR-277 intercepted 22.86m averaging 1.55 g/t Au; including 6.10m averaging 5.18 g/t Au; including 3.05m averaging 9.10 g/t Au
SCR-280 intercepted 3.05m averaging 19.56 g/t Au; including 1.53m averaging 37.90 g/t Au
SCR-282 intercepted 4.57m averaging 2.43 g/t Au; including 1.53m averaging 4.54 g/t Au
SCR-286 intercepted 27.43m averaging 5.36 g/t Au; including 4.57m averaging 7.16 g/t Au; including 4.57m averaging 22.09 g/t Au;
including 1.53m averaging 46.5 g/t Au
SCR-287 intercepted 4.57m averaging 2.18 g/t Au; including 1.52m averaging 4.70 g/t Au
Mel Herdrick, Sonoro’s VP of Exploration commented, “These results indicate that we are successfully extending gold mineralization at Cerro Caliche while simultaneously demonstrating the potential for higher-grade mineralized zones deeper in the system.”
John Darch, Sonoro’s Chairman noted, “We are very pleased with these drilling results. The shallow high-grade drill intercepts and higher-grade gold intercepts at depth suggest the potential to increase both size and grade of the project’s resource, which, if confirmed, may not only extend the life of the proposed heap leach mine, but also may improve the overall economics of the project.”
Kenneth MacLeod, Sonoro’s CEO and President added, “These positive assay results support our decision to continue drilling while moving forward with the proposed development of an open pit mining operation. Confirmation of higher-grade intercepts at depth may suggest the possibility for underground gold mineralization. Further geological data is required, but we are very encouraged by these initial results.”
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