Sonoro Gold Corp. has completed the acquisition of a 100% interest in 23 mineral concessions adjacent to its Cerro Caliche gold project in Sonora State, Mexico.
Highlights
- The acquisition includes a 100% interest in 23 mineral claims and up to a 51% interest in an additional 5 mineral concessions.
- Sonoro’s total land holding has expanded from 1,350 hectares to 8,215 hectares.
- The company now holds a 51% interest in an additional 454 hectares.
This strategic acquisition significantly increases Sonoro Gold’s land position in the region, enhancing its potential for future exploration and development at the Cerro Caliche project. The expansion aligns with Sonoro’s growth strategy in the prolific mining district of Sonora.
The acquisition is expected to bolster Sonoro’s resource base and provide new opportunities for gold exploration and extraction.
Readers can download the full press release below for more detailed information.
Sonoro Gold Corp – full press release (PDF)
About Sonoro Gold Corp.
Sonoro Gold Corp. is a publicly listed exploration and development Company holding the
development-stage Cerro Caliche project and the exploration-stage San Marcial project in
Sonora State, Mexico. The Company has highly experienced operational and management
teams with proven track records for the discovery and development of natural resource
deposits.
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On behalf of the Board of SONORO GOLD CORP.
Per: “Kenneth MacLeod”
Kenneth MacLeod
President & CEO
For further information, please contact:
Sonoro Gold Corp. – Tel: (604) 632-1764
Email: info@sonorogold.com
Forward-Looking Statement Cautions:
This press release may contain “forward-looking information” as defined in applicable Canadian securities legislation. All
statements other than statements of historical fact, included in this release, including the potential for newly acquired mineral
concessions to demonstrate the Cerro Caliche project as part of a larger gold epithermal system, with wide-scale potential to host
multiple mineralized zones, the Company’s plan to complete extensive exploration campaigns on the newly acquired
concessions, permitting for and viability of a proposed open-pit, heap leach mining operation at Cerro Caliche, all as part of the
future plans and objectives of the Company, constitute forward looking information that involve various risks and uncertainties,
including statements regarding project permitting and the Company’s intention to develop and operate the proposed Cerro
Caliche gold mine. Although the Company believes that such statements are reasonable based on current circumstances, it can
give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not
historical facts; they are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “aims”, “potential”, “goal”, “objective”, “prospective” and similar expressions, or that events or conditions
“will”, “would”, “may”, “can”, “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The
Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s
management on the date the statements are made and they involve a number of risks and uncertainties, including the possibility
of unfavorable exploration and test results, the lack of sufficient future financing to carry out exploration and development plans
and unanticipated changes in the legal, regulatory and permitting requirements for the Company’s exploration programs. There
can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers
are encouraged to review the Company’s complete public disclosure record on SEDAR at www.sedar.com.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities
in the United States. The securities referred to herein have not been and will not be registered under the Securities Act
of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction
in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the
account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act (“Regulation S”),
except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities
Act.”
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release