Sonoro Gold Corp. (SMOFF)

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SONORO GOLD REPORTS HIGH GRADE INTERCEPTS AT CERRO CALICHE INCLUDING 9.14 METERS AVERAGING 9.577 GRAMS OF GOLD PER TONNE
9:00 AM ET, 05/17/2022 - GlobeNewswire

VANCOUVER, Canada, May 17, 2022 (GLOBE NEWSWIRE) -- Sonoro Gold Corp.(TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to report assay results from an additional seven drill holes completed at its Cerro Caliche gold project in Sonora, Mexico. Results reflect recent drilling activity conducted at two of the property’s gold mineralized zones, El Colorado and El Rincón, with the reported intercepts situated outside of the pit shells used to calculate the mineral resource estimate announced in September 2021 as part of a Preliminary Economic Assessment (“PEA”) for a proposed heap leach mining operation.

Highlights are as follows:

SCR-305 intercepted 36.5m averaging 0.54 g/t Au; including 1.53m averaging 3.59 g/t Au; including 1.53m averaging 3.32 g/t Au.SCR-307 intercepted 9.14m averaging 9.58 g/t Au; including 6.09m averaging 14.17 g/t Au; including 1.52m averaging 38.3 g/t Au.SCR-309 intercepted 6.10m averaging 1.37 g/t Au; including 1.53 averaging 3.97 g/t Au.
The map below illustrates the location of the drill holes.

Figure 1: New Drill Holes

https://sonorogold.com/wp-content/uploads/2022/05/2022-05.16_Map-of-New-Drill-Holes.png

The drilling campaign at Cerro Caliche is now complete with final assays expected to be announced in June. New geological data from over 7,200 meters and 63 drill holes will be included in a further updated resource estimate scheduled to be released in the fall of 2022. The updated technical report will also assess the potential economic impact of the new drilling data on the proposed heap leach mining operation.

Mel Herdrick, Sonoro’s VP Exploration, commented, "We continue to report good gold bearing intervals of mineralization as well as higher-grades intercepts that continue to add to potential mineralized material. Results from another 15 drill holes are still pending andwe are working to determine the structural controls of the new higher-grade zones."

Kenneth MacLeod, Sonoro’s President and CEO, commented, “Our continued success with demonstrating high-grade intercepts at the Colorado zone suggests the potential for an increase in both the grade and size of the gold resource at El Colorado. Additional success at the Rincon zone through infill drilling has also achieved our objective of identifying continuous mineralization between two pit shells located 400meters apart, suggesting the potential for coalescing the pit shells into one larger pit shell.”

John Darch, Sonoro's Chairman, noted, “The expansion of the El Coloradoand El Rincóngold mineralized zones, along with the multiple higher-grade intercepts we have announced during the Phase IV drilling program, adds to our optimism that this new geological data may potentially increase both the size and gold grade of the resource.If confirmed, an expanded resource may also improve the project’spotential economics and extend the mine life of the proposedmining operation.”