Key facts
| Company | Sonoro Gold Corp (TSXV: SGO) |
|---|---|
| Commodity | Gold |
| Location | Mexico |
| Stage | PEA |
About Cerro Caliche Project
The Company’s flagship Cerro Caliche gold project is in the final permitting stage for an initial 12,000 tonnes per day open-pit, heap leach mining operation. The Company’s objective is to bring Cerro Caliche into production to fund ongoing exploration and mine expansion.
Mineral resource estimates
2 reported estimates, newest first. Categories are as disclosed by Sonoro Gold Corp; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Ag g/t | Ag oz | Effective |
|---|---|---|---|---|---|---|
| IndicatedNI 43-101 | 19.9 Mt | 0.44 g/t | 280 koz | 3.50 g/t | 2.23 Moz | Jan 26, 2023 |
| InferredNI 43-101 | 10.6 Mt | 0.42 g/t | 140 koz | 4.00 g/t | 1.34 Moz | Jan 26, 2023 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Preliminary economic assessment
Oct 1, 2023- NPV (5%)
- US$47.7M
- IRR
- 45%
- Payback
- 2.8 years
- Initial capex
- US$15.5M
- AISC
- US$1,395/oz
- Mine life
- 9.1 years
- Annual production
- 45,000 oz
- Gold price assumed
- US$1,800/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases63 on file
Sonoro Gold Announces Continued Expansion of Higher-Grade Mineralization at Cerro Caliche
Assay results from 26 additional drill holes at the Cerro Caliche gold project in Sonora, Mexico included 28.95m @ 2.598 g/t Au (including 13.72m @ 5.101 g/t Au) in SCR-387, 32.00m @ 1.846 g/t Au (including 4.57m @ 10.430 g/t Au) in SCR-391, and 47.24m @ 1.552 g/t Au in SCR-396. Drilling covered 14 RC holes at the newly acquired Diana concession and 12 at the La Colorada zone. Sonoro has completed
Drill resultsSonoro Gold Announces Initial 10,000 Meters Drilling Results From Ongoing Campaign at Cerro Caliche
Assay results were reported from the first 10,000 meters of an ongoing 50,000-meter drilling campaign at the Cerro Caliche gold project in Sonora, Mexico, comprising 46 reverse circulation holes in the central-western area. Highlights include SCR-340 with 18.29m @ 3.392 g/t Au and 44.3 g/t Ag, including 9.14m @ 6.438 g/t Au; SCR-348 with 9.14m @ 3.076 g/t Au; and SCR-349 with 18.29m @ 1.674 g/t Au
Drill resultsSonoro Gold Completes Acquisition of 23 Mineral Concessions to Further Expand the Cerro Caliche Gold Project
Subsidiary Minera Mar de Plata has closed the acquisition of a 100% interest in 23 mineral concessions covering 4,239.10 hectares adjacent to the Cerro Caliche gold project in Sonora, Mexico, for USD $5.17 million payable in installments over 18 months, plus assumption of roughly USD $990,000 in outstanding concession fees. It also acquired a 51% interest in five concessions over 453.91 ha for up
AcquisitionSonoro Gold Announces Closing of Oversubscribed $15.5M Private Placement
A non-brokered private placement of 62,000,000 units at $0.25 per unit closed for gross proceeds of CAD $15,500,000, each unit comprising one share and one three-year warrant exercisable at CAD $0.34. Insiders subscribed for 5,524,640 units for $1,381,160, and the company paid $87,450 in finder's fees plus 349,800 finder's warrants; securities are subject to a hold period ending October 11, 2026.
FinancingSonoro Gold Closes Cad $15.5M Private Placement Highlights
An oversubscribed non-brokered private placement of 62M units at C$0.25 closed for C$15.5M, each unit comprising one share and one three-year warrant at C$0.34, with a four-month-plus-one-day hold; insiders took 5.5M units for $1.38M. Proceeds will fund a 50,000-metre drilling program and land consolidation at the Cerro Caliche gold project in Sonora, Mexico, now 9,001 hectares plus a 51% interest
FinancingSonoro Gold Announces Increase in Private Placement to $15 Million
A non-brokered private placement announced on May 20, 2026 has been increased to 60,000,000 units for gross proceeds of CAD $15,000,000 at $0.25 per unit, each unit comprising one common share and one warrant exercisable at CAD $0.34 for three years from closing. Finder's fees may be paid, securities carry a four-month plus one day hold period, and the offering is subject to TSX Venture Exchange a
FinancingSonoro Gold Announces $10 Million Private Placement
A non-brokered private placement of 40,000,000 units at CAD $0.25 per unit will raise gross proceeds of CAD $10,000,000, with each unit comprising one common share and one warrant exercisable at CAD $0.34 for three years from closing. Proceeds will fund ongoing development of the Cerro Caliche gold project in Sonora, Mexico, and general working capital. Insiders will subscribe for approximately 4,
FinancingSonoro Announces Letters of Intent To Acquire Mineral Concessions at Cerro Caliche Gold Project Highlights
Letters of intent have been signed to acquire a 100% interest in 24 mineral concessions covering 5,025.21 ha for USD $6.0 million payable over twenty months, plus approximately USD $990,000 in outstanding concession fees, and up to a 51% interest in 5 concessions over 453.91 ha by spending up to USD $9M on exploration over four years, earning 12.75% per USD $2.25M spent. The concessions adjoin Son
AcquisitionSonoro Gold Announces Letters of Intent To Acquire Adjacent Mineral Concessions To Further Expand the Cerro Caliche Gold Project
Three binding letters of intent have been signed by Sonoro's subsidiary Minera Mar de Plata to acquire a 100% interest in 24 mineral concessions covering 5,025.21 hectares adjacent to the Cerro Caliche gold project in Sonora, Mexico, for USD $6.0 million payable over twenty months plus approximately USD $990,000 in outstanding concession fees. A third LOI grants an option to earn up to 51% in five
AcquisitionSonoro Gold Commences 50,000 Meter Drilling Program
Drilling will resume at the Cerro Caliche gold project in Sonora State, Mexico on May 11, 2026 with CANMEX Perforaciones y Servicios SA de CV, as part of a two-phase, 50,000-meter reverse circulation program with soil and rock sampling. Phase I, due for completion by fall 2026, covers 25,000 meters in about 207 holes and 6,000 soil samples; Phase II runs to spring 2027 with 25,000 meters, about 22
Drill resultsSonoro GOLD CLOSES CAD $12.2M Private Placement & COMMENCES DRILLING PROGRAM Highlights
An over-subscribed, non-brokered private placement of 50.83M units at C$0.24 closed for C$12.2M, with each unit comprising one share and one three-year warrant at C$0.32; insiders took 15.65M units for $3.8M, and securities are subject to a hold expiring August 25, 2026. Proceeds fund a two-phase 50,000-metre drilling program at the Cerro Caliche gold project in Sonora, Mexico, covering infill dri
FinancingSonoro Gold Announces Closing of Oversubscribed $12.2M Private Placement
A non-brokered private placement of 50,833,334 units at $0.24 per unit closed for gross proceeds of CAD $12,200,000, with each unit including one common share and one three-year warrant exercisable at CAD $0.32. Insiders subscribed for 15,652,834 units for $3,756,680; securities are subject to a hold period ending August 25, 2026, and final TSX Venture Exchange acceptance. Net proceeds will fund a
FinancingSonoro Files Updated Preliminary Economic Assessment for the Cerro Caliche Project
An updated NI 43-101 preliminary economic assessment for the Cerro Caliche gold project in Sonora, Mexico, with an effective date of December 4, 2025, has been filed, prepared by P&E Mining Consultants. It outlines a ten-year open pit heap leach operation ramping from 12,000 tpd to 16,000 tpd, producing 459 k oz AuEq, averaging 46 k oz AuEq annually at 0.38 g/t AuEq, with 72% gold and 27% silver r
Study resultsSonoro Gold Announces Further Expansion of Cerro Caliche Gold Property
A 100% interest in the 51-hectare Diana mineral concession, adjacent to the central-eastern boundary of the Cerro Caliche gold project in Sonora, Mexico, has been acquired by subsidiary Minera Mar de Plata for a one-time payment of US$600,000 to four arm's-length Sonora residents, with no securities or royalty granted. Cerro Caliche now comprises 26 contiguous concessions covering 3,975.97 hectare
NewsSonoro Gold Announces Fully-Committed $11 Million Private Placement & 50,000 Meter Drilling Program
A fully-committed non-brokered private placement of 45,833,333 units at CAD $0.24 per unit will raise gross proceeds of CAD $11,000,000, with each unit including one share and one three-year warrant exercisable at CAD $0.32. Insiders will subscribe for 15,833,333 units for $3,800,000, and closing is expected on or about April 30, 2026. Proceeds will fund a two-phase 50,000-meter reverse circulatio
FinancingSonoro Announces Updated Mineral Resource Estimate and Robust Updated PEA for Cerro Caliche Gold Project: After-Tax NPV of USD $224 Million and After-Tax IRR Of 50%
An updated PEA for the Cerro Caliche gold project in Sonora State, Mexico shows an after-tax NPV8 of $224 million and after-tax IRR of 50% at $3,500/oz gold and $48/oz silver, with initial capex of $83 million, AISC of $1,902/oz AuEq, a 1.7-year payback and a 10-year open pit heap leach life producing 459 koz AuEq. The updated resource, effective December 4, 2025, totals 51,752 kt at 0.39 g/t AuEq
Resource updateSonoro Gold to Participate in PDAC 2026
Sonoro Gold will attend PDAC 2026 at the Metro Toronto Convention Centre from Sunday, March 1 to Wednesday, March 4, 2026, hosting Booth 2330 in the Investor Exchange in the MTCC South building. President and CEO Kenneth MacLeod will present the Cerro Caliche gold project in Sonora, Mexico at the Gold 1 Corporate Presentations for Investors series on March 2 at 3:45pm, and will be a panelist at th
CorporateSonoro Gold Announces Expansion of Cerro Caliche Gold Property
Ten mineral concessions totalling 2,574.16 hectares adjacent to the Cerro Caliche gold project in Sonora, Mexico will be acquired at 100% interest via Assignment of Rights Agreements with two arm's-length Sonora residents, for USD $4.0 million payable in USD $1.0 million annual installments over four years, plus assumption of roughly USD $570,000 in outstanding concession fees, with no securities
NewsSonoro Gold Announces Closing of Oversubscribed $4.9M Private Placement
A non-brokered private placement of 24,500,000 units at $0.20 per unit closed for gross proceeds of CAD $4,900,000, with each unit comprising one common share and one three-year warrant exercisable at CAD $0.28. Insiders subscribed for 2,215,000 units for $443,000, and the securities are subject to a hold period ending May 1, 2026, with final TSX Venture Exchange acceptance pending. Proceeds will
FinancingSonoro Gold Announces fully-committed $4 Million Private Placement
A fully-committed non-brokered private placement of 20,000,000 units at CAD $0.20 per unit will raise gross proceeds of CAD $4,000,000. Each unit comprises one common share and one warrant exercisable at CAD $0.28 for three years from closing, expected on or about December 22, 2025, with no finder's fees and a 4-month plus one day hold period, subject to TSX Venture Exchange acceptance. Proceeds w
FinancingSonoro Gold Completes Final Concession Payment and Provides Corporate Update
A final installment of US $919,907.71 was paid on October 29, 2025 to acquire 100% of the El Rosario mineral concessions, which comprise 30% of the Cerro Caliche gold project in Sonora, Mexico, for total consideration of US $1.79M. The vendor receives a 2% NSR royalty, purchasable at US $1,000,000 per one percent. All 15 concessions covering 1,350.10 ha, optioned for US $5.18M total, are now assig
CorporateSonoro Gold Announces Closing of Oversubscribed $4 Million Private Placement
A non-brokered private placement of 20,500,000 units at $0.20 per unit closed for gross proceeds of CAD $4,100,000, each unit comprising one share and one three-year warrant exercisable at CAD $0.28. Insiders subscribed for 2,007,297 units for $401,459.40; securities are subject to a hold period ending February 23, 2026, with final TSX Venture Exchange acceptance pending. Proceeds will fund an upd
FinancingSonoro GOLD Announces increase in Private Placement to $4 million
The non-brokered private placement announced on October 2, 2025 has been increased to 20,000,000 units for gross proceeds of CAD $4,000,000, priced at $0.20 per unit, with each unit comprising one common share and one warrant exercisable at CAD $0.28 for three years from closing. Finder's fees may be paid, securities carry a four-month plus one-day hold, and the Offering is subject to TSX Venture
FinancingSonoro Gold Announces Fully Subscribed $3 Million Private Placement
A fully-subscribed non-brokered private placement of 15,000,000 units at CAD $0.20 per unit will raise gross proceeds of CAD $3,000,000, with each unit comprising one common share and one three-year warrant exercisable at CAD $0.28. Proceeds will fund an updated Preliminary Economic Assessment for the Cerro Caliche gold project in Sonora, Mexico, the final payment under the Rosario option agreemen
FinancingSonoro Gold Announces Closing of Oversubscribed Private Placement
A non-brokered private placement of 13,350,000 units at $0.15 per unit closed for gross proceeds of CAD $2,002,500, with each unit comprising one share and one two-year warrant exercisable at CAD $0.22. Finder's fees of $47,502.69 and 316,685 finder's warrants were issued; securities are subject to a hold period ending January 11, 2026, and insiders subscribed for 906,667 units for $136,000. Proce
FinancingSONORO GOLD ANNOUNCES INCREASE IN PRIVATE PLACEMENT
The non-brokered private placement announced August 20, 2025 has been increased to 10,000,000 units for gross proceeds of CAD $1,500,000, at an unchanged price of $0.15 per unit. Each unit includes one common share and one warrant exercisable at CAD $0.22 for two years from closing. Net proceeds will fund ongoing development of the Cerro Caliche gold project in Sonora, Mexico and working capital;
FinancingSONORO GOLD ANNOUNCES $525,000 PRIVATE PLACEMENT
A non-brokered private placement of 3,500,000 units at CAD $0.15 per unit for gross proceeds of CAD $525,000 has been launched, with each unit comprising one common share and one warrant exercisable at CAD $0.22 for two years from closing. Finder's fees may be paid, securities carry a four-month plus one-day hold period, and the Offering is subject to TSX Venture Exchange acceptance. Net proceeds
FinancingSONORO GOLD PROVIDES SURFACE RIGHTS UPDATE FOR THE CERRO CALICHE GOLD PROJECT
Final TSX Venture Exchange acceptance has been received for the surface rights lease agreement covering the Cerro Caliche gold project in Sonora, Mexico, giving Sonoro 100% of the surface and mineral rights, under a lease term of up to 25 years (initial 12.5 years plus a 12.5-year renewal option). The company paid US$3,125,000 to the lessor to satisfy year-1 obligations and will issue 5.0 million
CorporateSONORO GOLD PROVIDES AN UPDATE ON THE ENVIRONMENTAL PERMIT (MIA) FOR THE CERRO CALICHE GOLD PROJECT
A revised Environmental Impact Statement (MIA) for the Cerro Caliche gold project in Sonora, Mexico has been submitted to SEMARNAT, initially filed in February 2025, superseding the prior MIA submitted in May 2022, with an enhanced mine plan, additional environmental baseline studies and socio-economic assessments. The MIA describes an open-pit, heap leach operation as proposed in the August 28, 2
CorporateSONORO GOLD SECURES ALL SURFACE RIGHTS FOR THE PROPOSED CERRO CALICHE MINING OPERATION
A lease agreement secures all surface rights needed for the Cerro Caliche gold project in Sonora, Mexico, covering the 3,908-hectare Rancho El Cerro Prieto property including the 15 contiguous concessions (1,350 hectares), expanding to 5,007 hectares on September 1, 2028. The initial 12.5-year term requires payments of US$3,125,000 in year 1 plus 5.0 million shares, and US$6,250,000 in years 2 and
NewsSONORO GOLD CLOSES C$500,000 PRIVATE PLACEMENT
A non-brokered private placement of 5,555,556 units at C$0.09 per unit closed for gross proceeds of C$500,000, with each unit comprising one common share and one two-year warrant exercisable at C$0.14. Insiders subscribed for 1,668,906 units for C$150,202; finder's fees of $6,160 and 68,446 finder's warrants were issued, and securities are subject to a hold period ending January 26, 2025. Proceeds
FinancingSONORO GOLD ANNOUNCES $500,000 PRIVATE PLACEMENT
A non-brokered private placement of 5,555,556 units at CAD $0.09 per unit for gross proceeds of CAD $500,000 has been launched, with each unit comprising one common share and one warrant exercisable at CAD $0.14 for two years from closing. Finder's fees may be paid, securities carry a four-month plus one-day hold period, and the Offering is subject to TSX Venture Exchange acceptance. Net proceeds
FinancingSONORO GOLD COMPLETES CONCESSION PAYMENT AND PROVIDES CORPORATE UPDATE
A final installment of US $250,000 was paid on November 8, 2024 under a January 2018 option agreement, giving Sonoro a 100% interest in the Cerro Caliche Group of Concessions in Sonora, Mexico for total consideration of US $2.98M, representing 67% of the project's surface area. The vendor receives a 2% NSR, purchasable for US $1,000,000 per percent after year four of production. Remaining concessi
CorporateSONORO GOLD CLOSES OVER-SUBSCRIBED PRIVATE PLACEMENT
An over-subscribed non-brokered private placement of 17,500,000 units at C$0.05 per unit closed for gross proceeds of C$875,000, with each unit including one share and one three-year warrant exercisable at C$0.07. Finder's fees of $6,720 and 134,400 finder's warrants were issued; securities are subject to a hold period ending January 26, 2025, pending final TSX Venture Exchange acceptance. Proceed
FinancingSONORO GOLD ANNOUNCES FULLY-COMMITTED $700,000 PRIVATE PLACEMENT
A fully committed, non-brokered private placement of 14,000,000 units at C$0.05 per unit will raise gross proceeds of C$700,000. Each unit includes one common share and one warrant exercisable at C$0.07 per share for three years from closing. Proceeds will fund ongoing development of the Cerro Caliche gold project in Sonora, Mexico and working capital; the offering is subject to TSX Venture Exchan
FinancingSONORO GOLD CORRECTS DISCLOSURES RELATED TO ITS CERRO CALICHE PROJECT IN MEXICO
Following a British Columbia Securities Commission review, corrective disclosure was issued regarding potentially misleading and unbalanced statements in corporate presentations, fact sheets and investor emails about the Cerro Caliche project in Cucurpe, Sonora, Mexico. The July 1 and July 10 presentations and July fact sheet have been amended to add downside cases and NI 43-101 section 2.3 cautio
CorporateSONORO GOLD CLOSES OVER-SUBSCRIBED $1 MILLION NON-BROKERED PRIVATE PLACEMENT
The final tranche of an oversubscribed non-brokered private placement closed for gross proceeds of C$616,079, bringing the total offering to 23,350,009 units at C$0.05 per unit for C$1,167,500. Each unit includes one common share and one three-year warrant exercisable at C$0.07. Proceeds will fund development of the Cerro Caliche gold project in Sonora, Mexico. Directors and officers subscribed fo
FinancingSONORO GOLD ANNOUNCES CLOSING OF FIRST TRANCHE OF $1 MILLION NON-BROKERED PRIVATE PLACEMENT
The first tranche of a previously announced C$1,000,000 non-brokered private placement closed with the issuance of 11,028,429 units at C$0.05 per unit for gross proceeds of C$551,421, each unit comprising one common share and one three-year warrant exercisable at C$0.07. Directors and officers subscribed for 4,281,763 units for $214,088. Finder's fees of $3,500 and 70,000 finder's warrants were pa
FinancingSONORO GOLD ANNOUNCES REVISED $1 MILLION PRIVATE PLACEMENT
Pricing of a previously announced non-brokered private placement has been revised to up to 20,000,000 units at C$0.05 per unit for gross proceeds of up to C$1,000,000. Each unit includes one common share and one warrant exercisable at C$0.07 for three years from closing, with finder's fees payable and a four-month plus one-day hold period; the offering is subject to TSX Venture Exchange acceptance
FinancingSONORO GOLD ANNOUNCES $1 MILLION PRIVATE PLACEMENT
A non-brokered private placement of up to 22,222,222 units at C$0.045 per unit for gross proceeds of up to C$1,000,000 has been launched, with each unit comprising one common share and one three-year warrant exercisable at C$0.07. Finder's fees may be paid, securities carry a four-month plus one-day hold period, and the offering is subject to TSX Venture Exchange acceptance. Net proceeds will fund
Financing