Soma Gold Corp. (TSE:SOMA) has released an update.
Soma Gold Corp. has reported an 8% increase in gold production in the first quarter of 2024, reaching 7,335 AuEq ounces. The company has also shifted to a more cost-effective and efficient conventional raised stope mining method at its Cordero Mine, which is expected to result in reduced mining costs and enhanced gold production throughout the year.
For further insights into TSE:SOMA stock, check out TipRanks’ Stock Analysis page.