• Sonoro released results of a Preliminary Economic Assessment (“PEA”) on its Cerro Caliche gold project in Sonoro, Mexico. The study, which was based on a 15,000 tpd open-pit/heap leach operation, returned an AT-NPV5% of US$41.5M, and an AT-IRR of 32.4%, with a mine-life (LOM) of seven years, based on US$1,750/oz gold. SGO’s EV is US$16M.
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