$SGO CEO webinar thread
$SGO.v goal at Mexico property is to generate cash flow by mining shallow mineralization by the end of 2021 to then expand exploration and increase production.
Totally unique & a super busy schedule
$SMOFF
$KL $ELD $ABX $LUG $SSL $DPM $AEM $AGI $KDK
$SGO.v goal at Mexico property is to generate cash flow by mining shallow mineralization by the end of 2021 to then expand exploration and increase production.
Totally unique & a super busy schedule
$SMOFF
$KL $ELD $ABX $LUG $SSL $DPM $AEM $AGI $KDK
https://twitter.com/sonorometals/status/1351234585456238606
$SGO OVERVIEW
36,000 m drilled to date
17 mineralized zones + discovering more
Focus = Four major zones
- El Rincon (2.5km) - currently drilling
- Japoneses (1.3km)
- Buena Suerte (600m) = no credit in previous resource but now 15-17 holes drilled
- El Colorado (1km)
$SMOFF
36,000 m drilled to date
17 mineralized zones + discovering more
Focus = Four major zones
- El Rincon (2.5km) - currently drilling
- Japoneses (1.3km)
- Buena Suerte (600m) = no credit in previous resource but now 15-17 holes drilled
- El Colorado (1km)
$SMOFF
$SGO TESTING & PERMITTING
Metallurgical testing being done by McClelland (best in US)
Update 43-101 - Micon International
- Drill results from Jan and Feb will be included
- This will provide most up to date (large) resource estimate possible
PEA by D.E.N.M.
$SMOFF $SGO.v
Metallurgical testing being done by McClelland (best in US)
Update 43-101 - Micon International
- Drill results from Jan and Feb will be included
- This will provide most up to date (large) resource estimate possible
PEA by D.E.N.M.
$SMOFF $SGO.v
$SGO CASH / FINANCING
Cash = $2.5 M
All permitting complete at once to do financing in April or May 2021
- Project / Equity financing
- Mining friendly jurisdiction so not expecting any permitting issues
Management control 20% of outstanding shares
85M shares outstanding
Cash = $2.5 M
All permitting complete at once to do financing in April or May 2021
- Project / Equity financing
- Mining friendly jurisdiction so not expecting any permitting issues
Management control 20% of outstanding shares
85M shares outstanding
$SGO SCHEDULE
May
- 43-101
- PEA
June
- Environmental permit
Continue drilling throughout the year + targeting high grades
Dec
- Commence production!
$SMOFF $SGO.v
May
- 43-101
- PEA
June
- Environmental permit
Continue drilling throughout the year + targeting high grades
Dec
- Commence production!
$SMOFF $SGO.v
$SGO 2021 #gold PRODUCTION
HLMO = perfectly on budget and on time
High grade zones for HLMO = 1 g/t
Japoneses zone is where production will first occur
- High Grades support the potential for a larger resource
- Mineralization essentially starts at surface
$SMOFF $SGO.v
HLMO = perfectly on budget and on time
High grade zones for HLMO = 1 g/t
Japoneses zone is where production will first occur
- High Grades support the potential for a larger resource
- Mineralization essentially starts at surface
$SMOFF $SGO.v
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