Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA:
23SP) (“Sonoro” or the “Company”) is pleased to report results from
an underground channel sampling program recently completed at its
Cerro Caliche gold project in Sonora, Mexico. The program was
conducted as part of the Company’s plan to develop a proposed heap
leach mining operation as outlined in an updated Preliminary
Economic Assessment dated June 23, 2022.
Figure 1: Channel sampling at south end of Cabeza
Blanca
https://sonorogold.com/wp-content/uploads/2022/08/20220815_Channel-Sampling-Map.png
Samples were obtained from a historic
underground tunnel at the Cabeza Blanca mineralized gold zone,
located in the southwestern part of the property.
An electric rotary handheld saw was used to
acquire 34 quality continuous channel samples of vein and breccia
material. Saw cuts were approximately four to six centimeters (cm)
deep cut perpendicular to the vein trend.
Highlights include 2.0 meters averaging 7.863
grams of gold per tonne (“g/t Au”) across the vein with 3.5 meters
averaging 3.071 g/t Au over the five saw cuts along the vein
segment.
All reported intervals are true measured widths
and all material was surface oxidized with the deepest samples
collected approximately 25 to 30 meters beneath the terrain
surface.
Results provide important geological data from a
100-meter section situated along the south end of the Cabeza Blanca
vein zone as it enters the El Colorado mineralized zone.
The current resource estimate classified this
100-meter section as an inferred resource, but the underground
sampling results, together with over 7,200 meters of new drilling
data, will be included in an updated resource calculation being
completed on the project.
Mel Herdrick, Sonoro’s VP Exploration,
commented, “The data is a good example of continuity of gold
mineralization which is coincident with the normal vertical and
lateral variations we see when drilling. This detailed program also
provided quality and unbiased sampling of the vein and part of the
exposed mineralized wall allowing a more complete evaluation of
gold mineralized volumes in this area.”
Kenneth MacLeod, Sonoro’s President and CEO,
noted, “The underground channel sampling yielded valuable data that
we anticipate will augment the data obtained from our recent
surface sampling and drilling programs completed in the same area.
As previously announced, an updated resource estimate is being
prepared and will incorporate all geological data to date.”
John Darch, Sonoro's Chairman, added, "The
positive results from the Cabeza Blanca South tunnel sampling
program continue to highlight the intrinsic value of the project
and underline the Board’s ongoing commitment to develop the
proposed heap leach mining operation at Cerro Caliche.”
Tunnel Sampling
ResultsThe Cabeza Blanca vein zone has average
mineralized widths of up to 29 meters, inclusive of footwall and
hanging wall mineralization. Two historic tunnels were developed in
the 1950s along the Cabeza Blanca vein, with the northern tunnel
continuing approximately 600 meters on a 10 northwestern trend and
the southern tunnel continuing approximately 350 meters on a 15
southeastern trend to the El Colorado zone. The southern tunnel
splays into two distinct tunnels at the midway point and the
sampling program was completed in the eastern splay. The western
splay was not sampled.
As illustrated in the image below, sampling
occurred in three segments across 90 meters of the tunnel. Segment
No. 1 is the southernmost and nearest to the mouth of the tunnel,
Segment No. 2 is located about midway and Segment 3 is a raised
area at the north end of the tunnel.
Figure 2: Underground tunnel segments and sample
cuts
https://sonorogold.com/wp-content/uploads/2022/08/20220815_Underground-Tunnel-Segments.png
Samples from Segment No. 1 returned the lowest
gold grades with the five sample cuts averaging 3.9 meters of
0.401 g/t Au.
Segment No. 2 returned the highest gold grades
ranging from 0.624 g/t Au to 7.863 g/t Au, with the five sample
cuts averaging 3.5 meters of 3.071 g/t Au. The highest assay value
of 7.863 g/t Au was across two meters from a vein-perpendicular saw
cut with continuation in the vein hanging wall, including two
additional samples with veinlets and a composite 4.6 meters at 4.93
g/t Au.
Segment No. 3 returned gold grades ranging from
0.704 g/t Au to 4.086 g/t Au, with the five sample cuts averaging
1.86 meters of 1.789 g/t Au.
The samples agree with the longitudinal
contoured mineralization projections of the zone. A longitudinal
plot of the drill intercepts with greater than 0.15 g/t Au is shown
below.
Figure 3: Longitudinal section illustrating
contoured values
https://sonorogold.com/wp-content/uploads/2022/08/20220815_Longitudinal-Section.png
The widths of the intercepts from the drill
holes are plotted where the vein is cut and values contoured. This
illustrates a near horizontal continuity of mineralization across
the length of the Cabeza Blanca vein zone. The near horizontal
character of contoured gold intercept values may reflect original
boiling horizons as the ground water levels may have varied. This
is also supported by the presence of historic workings which were
developed in higher grade contoured areas of the vein.
Quality Assurance/Quality Control
(“QA/QC”)
Measures and Analytical Procedures
Channel samples were generated with an electric
rotary handheld saw and chisel, and collected by hand in a
catchment tarp below. The bagged samples were numbered and
identified, and the site photographed after painting sample numbers
on the ceiling. The samples were transported directly to the Bureau
Veritis preparation laboratory in Hermosillo, Sonora. At the
laboratory, part of each sample is reduced through crushing,
splitting and pulverization from which 200 grams is sent to the
B.V. gold assay laboratory in Hermosillo. A portion weighing 30
grams undergoes fire assay for gold, with the resulting
concentrated button of material produced then dissolved in acids
and the gold is determined by atomic absorption. The remaining
sample pulp material is sealed in paper bags and retained for
additional analysis.
No QA/QC issues were noted with the results
received from the laboratory.
Geologic DescriptionCerro
Caliche is located 45 kilometers east southeast of Magdalena de
Kino in the Cucurpe-Sonora Mega-district of Sonora, Mexico.
Multiple historic underground mines were developed in the
concession, including Cabeza Blanca, Los Cuervos, Japoneses, Las
Abejas, Boluditos, El Colorado, Veta de Oro and Espanola.
Mineralization types of the Cucurpe-Sonora Mega-district include
variants of epithermal low sulfidation veins and related
mineralized dikes and associated volcanic domes. Local altered and
mineralized felsic dikes cut the mineralized meta-sedimentary rock
units and may be associated with mineralization both in the dikes
and meta-sedimentary rocks.
Qualified Person
StatementStephen Kenwood, P.Geo., a Director of Sonoro, is
a Qualified Person within the context of National Instrument 43-101
(NI 43-101) and has read and approved this news release. Readers
are cautioned that the presence of mineralization on historic mines
adjacent to or on Cerro Caliche is not necessarily indicative of
economic gold mineralization in the concessions held by the
Company.
About Sonoro Gold Corp.Sonoro
Gold Corp. is a publicly listed exploration and development Company
holding the near-development-stage Cerro Caliche project and the
exploration-stage San Marcial project in Sonora State, Mexico. The
Company has highly experienced operational and management teams
with proven track records for the discovery and development of
natural resource deposits.
On behalf of the Board of Sonoro Gold
Corp.Per: “Kenneth
MacLeod” Kenneth
MacLeod President
& CEO
For further information, please contact: Sonoro Gold Corp. -
Tel: (604) 632-1764 Email: info@sonorogold.com
This press release may contain "forward-looking
information" as defined in applicable Canadian securities
legislation. All statements other than statements of historical
fact, included in this release, including, without limitation,
statements regarding the Cerro Caliche project, and future plans
and objectives of the Company, constitute forward looking
information that involve various risks and uncertainties. Although
the Company believes that such statements are reasonable based on
current circumstances, it can give no assurance that such
expectations will prove to be correct. Forward-looking statements
are statements that are not historical facts; they are generally,
but not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects",
"aims", "potential", "goal", "objective", "prospective" and similar
expressions, or that events or conditions "will", "would", "may",
"can”, "could" or "should" occur, or are those statements, which,
by their nature, refer to future events. The Company cautions that
forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are
made and they involve a number of risks and uncertainties,
including the possibility of unfavorable exploration and test
results, the lack of sufficient future financing to carry out
exploration and development plans and unanticipated changes in the
legal, regulatory and permitting requirements for the Company’s
exploration programs. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law or the policies of the TSX Venture
Exchange. Readers are encouraged to review the Company’s complete
public disclosure record on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this release.
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