Core Viewpoint - Sonoro Gold Corp. is advancing its Cerro Caliche gold project in Sonora, Mexico, by submitting a revised Environmental Impact Statement (MIA) to enhance the project's footprint and ensure compliance with social and environmental standards [1][2][3]. Group 1: Environmental Impact Statement (MIA) - The revised MIA was submitted to SEMARNAT to optimize the project and reflects the company's commitment to high social and environmental standards [1][2]. - The MIA details an open-pit, heap leach mining operation, including various facilities and infrastructure as proposed in the Preliminary Economic Assessment [3]. Group 2: Project Development and Rights - The company holds 100% of the concession rights and surface rights for the Cerro Caliche project, securing these rights as of July 4, 2025 [4]. - Exploration at the 1,400-hectare property has confirmed a broadly mineralized low-sulphidation epithermal vein structure, with only 30% of the identified mineralized zones drilled and assayed [5]. Group 3: Economic Assessment - A new Preliminary Economic Assessment filed in October 2023 indicates a potential 9-year open pit, heap leach mining operation, with an after-tax NPV5 of US $47.7 million at a gold price of US $1,800 per ounce and US $77 million at US $2,000 per ounce [6][7]. - The project has an Internal Rate of Return (IRR) of 45% at US $1,800 per ounce and 63% at US $2,000 per ounce [6]. Group 4: Company Overview - Sonoro Gold Corp. is a publicly listed exploration and development company focused on the Cerro Caliche project and the San Marcial project in Sonora State, Mexico [9]. - The company has a highly experienced operational and management team with a proven track record in discovering and developing natural resource deposits [9].
Sonoro Gold PROVIDES AN UPDATE ON THE ENVIRONMENTAL PERMIT (mia) FOR THE CERRO CALICHE GOLD PROJECT
Globenewswireยท2025-07-09 12:00