Recorded on April 7 2026
In this interview, Andy Millette sits down with Sonoro Gold to break down why management believes Cerro Caliche is entering a pivotal phase for both valuation and project growth. Kenneth MacLeod explains how the current economics were built, why management sees a wide disconnect between market value and project value, and how a 50,000 meter drill campaign could expand the known resource well beyond the current footprint. John Darch discusses the fully committed 11 million private placement, why insiders participated, and why Sonoro chose to push hard on drilling while continuing to advance the project toward production. The conversation also covers the shallow oxide nature of the deposit, the production path, nearby operators in the district, and what investors should watch over the next several months. If you follow junior gold developers, project rerating stories, and Mexico focused resource names, this is a strong update on where Sonoro believes the story could go from here. Like, subscribe, and ring the bell. #Millettian
Key topics list
Updated PEA economics and valuation gap
11 million fully committed private placement
50,000 meter drilling program
Resource growth potential north and south of the current zones
Shallow oxide profile and mine development logic
Permitting timeline and path to production
District context and nearby operators
What investors should watch over the next 30 to 90 days
Guest or company links
https://sonorogold.com/
Host Andy Millette Natural Resource Stocks
Website https://www.NaturalResourceStocks.net
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YouTube Clips https://www.youtube.com/@NaturalResoureStocksClips
X https://x.com/theandymillette
LinkedIn https://www.linkedin.com/in/andymillette/
NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/
NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok https://www.tiktok.com/@natural.resource.stocks
NRS Instagram https://www.instagram.com/naturalresourcestocks/
Chapters
00:00 Cold open
02:00 Intro and disclosure
02:29 Updated PEA and valuation gap
04:24 Why Andy sees value again
05:08 50,000 meter drill upside
06:39 11 million financing and why now
09:31 Drill rigs ready and permitting timeline
11:04 Mine style and shallow oxide profile
12:58 Year ahead plan and expected news flow
16:16 Nearby operators and district context
17:04 Final thoughts and what to watch
17:54 Trading symbols and company website
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