Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sonoro Gold ( (TSE:SGO) ) just unveiled an announcement.
Sonoro Gold Corp. has submitted a revised Environmental Impact Statement (MIA) for its Cerro Caliche gold project in Sonora, Mexico, to optimize the project’s footprint and enhance social and environmental stewardship. This update reflects the company’s commitment to meeting high social and environmental standards while advancing the project towards production. The Cerro Caliche project, with a potential 9-year open-pit, heap leach mining operation, has shown promising economic viability with significant net present value and internal rate of return at varying gold prices. The company’s acquisition of 100% surface rights further strengthens its position to proceed with the project, potentially impacting its operations and stakeholder interests positively.
More about Sonoro Gold
Sonoro Gold Corp. is a publicly listed exploration and development company with projects in Sonora State, Mexico. The company is focused on the development-stage Cerro Caliche project and the exploration-stage San Marcial project, leveraging its experienced operational and management teams to discover and develop natural resource deposits.
Average Trading Volume: 235,433
Technical Sentiment Signal: Buy
Current Market Cap: C$35.79M
See more data about SGO stock on TipRanks’ Stock Analysis page.