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The Markets
by Proactive
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Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
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Soma Gold releases positive PEA and resource update on the company’s Colombian Project

Soma Gold releases positive PEA and resource update on the company’s Colombian Project

Soma Gold CEO Javier Cordova joined Steve Darling from Proactive to share news the company released a Mineral Resource Estimate for the Company’s Cordero Mine. The company seeing a big improvement from the last resource update. Cordova also said the company released a positive Preliminary Economic Assessment for the development of the Cordero Mine. Cordova also said the company has potential to increase the Mineral Resource and extend the mine life which remains open on strike and at depth. Cordova also shared with Proactive the company has released its guidance for 2023 looking for a further 50% increase in annual production to 35,500 AuEq ounces with a further 24% increase to over 44,000 ounces per year in 2024 and 2025.

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