Soma Gold Corp. is pleased to announce that 1,968.2 AuEq ounces were produced at the Company's El Bagre mill during the month of August. The average head grade during the month was 5.65 gpt, a 19% increase from the average year to date head grade of 4.76 gpt. Of the 12,191.82 tonnes milled at the El Bagre plant during the month of August, 1,240.87 tonnes were sourced from the new Cordero Mine. This production represents [...]
Soma Gold Corp. is pleased to announce that the Q2 2021 Financial Statements and MD&A have been filed on SEDAR and can be viewed on the Company's website and on www.sedar.com . Table includes non-IFRS financial performance measures - see note below. Highlights of the Quarter Mine Operating profit for Q2 2021 was $1.8 million and YTD was $4.75 million. Gross Revenue for the Quarter was $8.4 million and YTD was $18.1 [...]
Soma Gold Corp. is pleased to announce new drilling and channel sampling results for the on-going exploration program at the Estrella-Diamantina mineralized trend within the Company's Zara property in Antioquia, Colombia. Highlights Drilling results have extended the mineralized zone over 155m below the deepest level of the Diamantina mine. Multiple +10g/t Au channel samples taken from the Diamantina mine . Drill hole [...]
The Atena Portal accessing level 2 at the Southern end of the Cordero Mine is scheduled to be completed by September 2021 Soma Gold Corp. is pleased to announce that the construction of the Fenix Portal, accessing the Cordero mine, has reached Level 2, encountering the vein as expected and allowing the beginning of mining operations. Additional development work is needed to drift along Level 2 to allow access to the [...]
Soma Gold Corp. is pleased to announce that it is participating in a program initiated by leading Colombian companies in cooperation with the Colombian Government to provide Covid-19 vaccinations to its employees working at the Company's El Bagre mine site and their families. This program includes acquiring, importing and administering the vaccines at a clinic in El Bagre. The Company also announces that during the second [...]
Soma Gold Corp. is pleased to announce that the Executive Chairman, Geoffrey Hampson and President and CEO, Javier Cordova, will speak about Soma's June 2021 presentation including updates on recent drilling results, construction progress and upcoming milestones. Registration Details: Date: Wednesday, June 30th, 2021 Time: 11 AM EST Register: RegisterSoma Management will be available to answer any questions following the [...]
Soma Gold Corp. is pleased to provide a corporate update on the various activities and accomplishments of the Company. Highlights Q1 2021 Revenue of $9.75 million, generating EBITDA of $3.16 million and adjusted EBITDA of $3.22 million for the Quarter. Drilling results at the Cordero deposit have expanded known gold mineralization 120 meters down-dip from the current resource, where vein continuity and high grade remains [...]
Soma Gold Corp. announces, subject to regulatory approval, the grant of a total of 640,000 stock options to directors and officers of the Company to purchase common shares of the Company in accordance with its Equity Incentive Plan. The options vest immediately and are issued at an exercise price of 32 cents per common share and expire five years from the date of issuance. Upon completion of this grant, there will be [...]
Soma Gold Corp., is a South American focused gold producer with district-scale exploration potential in Antioquia, Colombia. Soma transformed its operations during the year by shifting its focus to South America and acquiring the operating El Bagre Gold Mining Complex effective May 28, 2020, and is pleased to announce the first annual profit in its corporate history. Highlights for the Year ended December 31, 2020: During [...]
Soma Gold Corp. is pleased to announce new drilling and channel sampling results for the on-going exploration program at the Company's Zara property in Antioquia. Highlights The drilling and sampling indicates that the Estrella-Diamantina mineralized trend extends for over 4km in strike from Estrella in the north to Diamantina in the south with an exploration target of +500k ounces of Au down to 250m in depth. Multiple [...]
Construction started Soma Gold Corp. is pleased to announce that Soma has received the final permits needed to start construction of the planned second mine decline, named Athena, at Cordero. This portal will access the southern extent of the deposit, and in addition to improved extraction, will act as an access point for personnel and as an emergency escape way. Construction has already begun. The Athena access will 30 [...]
Soma Gold Corp. is pleased to announce new drilling results for the on-going exploration program at the Company's properties in Antioquia, Colombia. Highlights Drilling results at the Cordero-Balvina project continues to demonstrate the continuity of high gold grades at depth. Drill hole LDDH_21_04 has confirmed the vein continuity below the deepest level of Limon mine. First drill hole at Alacran-Diamantina has [...]
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