Soma Gold Corp.

Gold Sales of 6,448 ounces in Q1-2023 - an increase of 52% from Q1-2022 Net Income of $1.2 million on Revenue of $16 million Adjusted EBITDA of $6.8 million Total cash cost per ounce of gold sold decreases to US$893 Soma Gold Corp. is pleased to announce that the Company's first quarter Financial Statements and MD&A have been filed on SEDAR and are available at the following link: https://bit.ly/Soma2023Q1Financials [...]

Soma Gold Corp. is pleased to announce that it has acquired a package of new exploration properties totaling 11,160 hectares in Antioquia, Colombia. The property is immediate to the South of, and contiguous with, the Company's existing Zara exploration properties in Antioquia, Colombia. With the addition of the new properties, Soma controls approximately 60% of a 100 km long extensively mineralized trend that stretches [...]

Record Gold Sales of 23,115 ounces in 2022 $17.3 million in Adjusted EBITDA Made payments of $3.4 million on offtake agreement Invested $9.7 million in the Cordero Mine Total cash cost per ounce of gold produced of US$1,002 Soma Gold Corp. announces financial and operating results for the three and twelve months ended December 31, 2022 . Gold equivalent ounces produced during the year from its 100% owned El Bagre [...]

Soma Gold is pleased to announce that gold production in Q1 2023, at its 100% owned El Bagre, gold mine, was 6,796 AuEq ounces. Production was 99.2% of forecast despite a seven-day interruption during the General Strike in the el Bagre region. Gold production was also 32.6% ahead of the same period last year. Full-year forecast production for 2023 remains unchanged at 35,500 AuEq ounces. Javier Cordova, President and CEO [...]

Soma Gold Corp. announced today that it has signed a mutual collaboration agreement with CORANTIOQUIA, the Environmental Authority of the Province of Antioquia, to promote environmental voluntary activities in Zaragoza and El Bagre, Antioquia. Under the agreement, Soma Gold Corp., operating through its wholly-owned subsidiary Operadora Minera,, S.A.S., joined CORANTIOQUIA's "EcoSchools Program" - ECOESCUELAS, in the rural [...]

Soma Gold Corp. announces, subject to regulatory approval, the grant of a total of 800,000 stock options to employees of the Company to purchase common shares of the Company in accordance with its Equity Incentive Plan. 300,000 options vest immediately, 500,000 options vest in halves over two years, and all are issued at an exercise price of 46 cents per common share. 300,000 options expire five years, and 500,000 options [...]

Soma Gold Corp. is pleased to announce that the civil disturbance, which had rendered the roads leading to and surrounding the El Bagre Gold Mining Complex unsafe for the Company's employees, has been resolved. As a result, employees are gradually returning to work, and the mining and milling operations will resume at the earliest convenience. ABOUT SOMA GOLD Soma Gold Corp. is a mining company focused on gold production [...]

Soma Gold Corp. announced today that mining and processing operations at its el Bagre, Colombia Gold Mining Complex have been temporarily suspended due to civil unrest in the region. The unrest has been caused by small alluvial miners rejecting and protesting against the Government's enforcement of the mining and environmental rules. The general strike and protests are not aimed at legal underground operations, such as [...]

Soma Gold Corp. is pleased to announce that it has filed a technical report titled "Technical Report on the El Bagre Gold Mining Complex and Nechí Project, Department of Antioquia Colombia, Report for NI 43-101" . The Technical Report is available on the Company's website at www.somagoldcorp.com and on Soma's issuer profile on SEDAR at www.sedar.com. The independent Technical Report was prepared by SLR Consulting Ltd. and [...]

Soma Gold CEO Javier Cordova joined Steve Darling from Proactive to share news that gold production at its El Bagre gold mine in Colombia set a new monthly record of 2,680 gold equivalent ounces in January 2023. Cordova told Proactive production was 24% ahead of what was expected. Full-year production for 2023 is planned to be 35,500 ounces. Contact Details Proactive Canada +1 604-688-8158 [...]