Tickers: TSX-V: SGO | OTCQB: SMOFF | Frankfurt: 23SP.
Sonoro Gold Corp
Recorded on October 7, 2025.
Chairman John M. Darch and CEO Kenneth MacLeod join Andy Millette to unpack Sonoro Gold’s latest strategy: spinning out the San Marcial gold-silver project into a separate listed company so current Sonoro shareholders would receive shares pro rata—creating parallel exposure alongside the flagship Cerro Caliche heap-leach gold project.
Sonoro Gold Corp
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What we cover
Why a San Marcial spin-out now (value recognition; not diverting funds from Cerro Caliche).
Financing update: recent raise priced above the prior round; fully subscribed with new participation.
Permitting (MIA): approval timing view and how evolving standards in Mexico affect the process.
Updated PEA targeted for Q1 2026; how higher gold pricing expands the mine plan and expected economics.
Management background and why they believe Sonoro is positioned to move Cerro Caliche into production.
Sonoro Gold Corp
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Company / Project Links
Sonoro Gold – Overview: sonorogold.com
Sonoro Gold Corp
Directors & Management (headshots & bios): sonorogold.com/directors-management
Sonoro Gold Corp
San Marcial Project page: sonorogold.com/project/san-marcial
Sonoro Gold Corp
Recent private placement close: News release (tickers confirmed)
Sonoro Gold Corp
Host & Channel Links
Natural Resource Stocks — Official Channel
🌐 Website: https://www.NaturalResourceStocks.net
📺 YouTube: https://www.youtube.com/@NaturalResourceStocks
🐦 X (Twitter): https://twitter.com/NRS_Stocks
💼 LinkedIn: https://www.linkedin.com/company/natural-resource-stocks/
Andy Millette – Host
🌐 Website: https://www.NaturalResourceStocks.net
🐦 X (Twitter): https://twitter.com/AndyMillette
💼 LinkedIn: https://www.linkedin.com/in/andymillette/
Natural Resource Stocks
Steve Yang – Co-Host
🐦 X (Twitter): https://twitter.com/SteveYang_Market
💼 LinkedIn: https://www.linkedin.com/in/steveyang88/
Timestamps
00:00 Intro & why this update now
01:34 San Marcial spin-out: mechanics & shareholder benefit
10:29 “Pre-IPO?” What investors should understand
13:02 Financing demand, pricing, and use of proceeds
16:56 MIA permit timing view
18:22 Updated PEA & mine-plan leverage to gold price
21:04 Shareholder base & trading liquidity comments; closing
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