Sonoro Gold Corp (TSX-V:SGO, OTCQB:SMOFF) has reported that oxide mineralized targets have been identified for resource expansion at its Cerro Caliche gold project in Sonora State, Mexico.
The company said surface sampling and detailed geologic mapping in the northwest region of the property demonstrated three linear structural corridor repetitions with anomalous gold, silver and base metal mineralization.
There is also a fourth visually inferred corridor, it added.
“Targeting the oxide gold mineralization inside the Northwestern Corridors Area is intended to potentially expand the project’s resource. This expansion, along with the planned infill drilling targets at the higher-grade bodies of gold mineralization at El Colorado and Guadalupe vein zones, may enhance the overall economics of the Cerro Caliche project,” Kenneth MacLeod, President and CEO of Sonoro, said in a statement.
To date, exploration at Cerro Caliche has identified a wide area of mineralized low-sulfidation epithermal vein structures and the presence of multiple northwest trending gold mineralized zones along trend and at near surface.
The company said it has identified the Northwestern Corridors Area as a priority drilling target for future drilling to expand the resource, adding that just over 30% of the known mineralized gold zones at Cerro Caliche have been explored.
“Assay results with data resolution from surface sampling, together with geologic mapping and adjacent drill holes, suggest the potential expansion of the project’s oxide gold mineralized zones and resource,” Sonoro added.
Sonoro Gold holds the near development stage Cerro Caliche project and the exploration stage San Marcial project in Sonora State, Mexico.
Contact the author at jon.hopkins@proactiveinvestors.com