In a press release dated September 15, 2021, Sonoro Gold Corp. announced the results of their independent NI 43-101 compliant Preliminary Economic Assessment (PEA) for the Cerro Caliche gold project located in Sonora State, Mexico. The updated Mineral Resource Estimate for the PEA was completed by Micon. Micon also noted that potential mineralization may conceptually exist outside of the current resource pit shells. However, as with all potential mineralization it was expressed as ranges because the current exploration was insufficient to define this material as part of the resources and it is uncertain if further exploration will result in these targets being delineated as mineral resources.
To read the full press release, please click here.