Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP),
(“Sonoro” and the “Company”), reports that drilling at Cerro
Caliche continues to confirm and expand the gold and silver
mineralization within the Central Zone and at several satellite
zones previously identified by earlier drilling. Average gold
grades of intervals reported are observed to be similar to existing
heap leach mining operations in the region.
Highlights from the latest 20 holes of the Phase
Two program reported here include:
- Japoneses infill hole SCR-064 returned 1.257 g/t AuEq over
9.15m
- La Espanola scout hole SCR-068 returned 6.179 g/t AuEq over
3.05m and 1.327 g/t AuEq over 9.14m
- Guadalupe step-out hole SCR-061 returned 0.559 g/t AuEq over
15.24m
- Chinos Altos scout hole SCR-069 hole returned 1.142 g/t AuEq
over 7.6 m
- Buena Suerte step-out hole SCR-062 returned 1.064 g/t AuEq over
10.67m & 0.742 g/t AuEq over 10.67m
“With almost 90% of the 10,000-meter drill
program completed, we are pleased to report that the objectives of
the technical program at Cerro Caliche have been accomplished,”
said Kenneth MacLeod, President and CEO. “Most critically, the
program continues to outline shallow low-grade bulk tonnage gold
mineralized zones with gold grades and intervals similar to
operating heap leach mines in the region. We have
conducted sufficient infill drilling at the Central Zones
surrounding Japoneses and El Colorado to enable the commissioning
of an NI-43-101 technical report and we have identified several
highly-prospective mineralized zones within a 2 kilometer radius
from the Central Zones, which will be drilled in future programs to
confirm their economic potential.”
Two drill holes have defined gold mineralization
to the west at the Guadalupe zone. The most significant was
SCR-061 which intercepted 15.24 meters with an average grade of
0.519 g/t Au beginning at 36.58 meters. At the Espanola vein
zone, one kilometer east of the Japoneses zone, drill hole SCR-068
tested the easternmost extent of Cerro Caliche’s known
mineralization cutting multiple gold mineralized intervals of 3.05
meters with 6.131 g/t Au and 3.4 g/t Ag. In the same drill
hole are other intervals including 9.14 meters with 1.25 g/t Au and
5.4 g/t Ag.
The remaining drill holes reported are within,
or peripheral to, the Japoneses Central mineralized zone.
These include two drill holes, SCR-062 (north-end extension) and
SCR-063 (south end extension), in the Buena Suerte vein area where
SCR-062 has 10.67 meters of 0.714 g/t Au and 24.5 g/t Ag from 1.52
meters to 12.19 meters depth, followed by 10.67 meters from 16.76
to 27.43 meters with 0.675 g/t Au and 4.7 g/t Ag. SCR-063
contains 12.2 meters with 0.442 g/t Au with 4.7 g/t Ag from 32 to
44.2 meters. This developing Buena Suerte vein zone now has
about 200 meters of strike length located near the NW corner of the
Japoneses Central area.
Drill hole SCR-064 tested the northernmost
extent of the Japoneses vein zone. Beginning at 35.05 meters,
it intercepted 9.15 meters averaging 1.231 g/t Au and 1.8 g/t Ag
with other smaller intervening intervals nearer to the surface.
Approximately 150 meters directly south of SCR-064, hole SCR-065
also intercepted the zone. Beginning at 1.52 meters it
reported 27.44 meters of gold mineralization with an average grade
of 0.819 g/t Au and 9.2 g/t Ag. At the Chinos NW zone, which is
parallel to the eastern side of the centrally located Japoneses
zone, SCR-066 intercepted 6.1 meters averaging 0.503 g/t Au and 1.4
g/t Ag, beginning at 24.38 meters.
To the south of the Japoneses zone, the Chinos
Altos vein zone, which is notable for its pervasive mineralized
stockworks, was tested by holes SCR-067 through SCR-071. This
large stockwork zone contains gold in a broad area of stockwork
quartz veining and will be tested in more detail in later drilling
campaigns. These last four drill holes reported large zones
of +0.1 g/t levels of gold mineralization. SCR-067 reports
intervals of 4.58 meters and 6.09 meters with respectively 0.258
g/t Au and 0.28g/t Au beginning at 9.14 meters. SCR-069
reports 7.62 meters from 28.96 to 36.58 meters of 0.947 g/t Au with
13.6 g/t Ag. SCR-070 intercepted gold mineralization of 3.05
meters averaging 0.19 g/t Au, beginning at a depth of 18.29
meters. SCR-071 reported an interval of 6.1 meters from 9.14
to 15.24 meters with an average of 0.44 g/t Au and 6.2 g/t Ag.
Drill holes SCR-072, 073, and 075 through 080 are
located along the eastern edge of the Japoneses mineralized zone
into Chinos NW, an area not previously recognized as having
potential gold mineralization, but notable intercepts of stockwork
mineralization were cut as exemplified in SCR-078 with 24.38 meters
of 0.461 g/t AuEq. Drill hole SCR-074 is angled
southwest from the collar of SCR-075 cutting stockwork
mineralization with the first 24 meters being mineralized; where
part of that zone intercepted 15.24 meters averaging 0.337 g/t Au
starting from a depth of 9.14 meters. SCR-072 intersected
15.24 meters between 3.05 meters and 18.29 meters averaging 0.574
g/t Au and 3 g/t Ag. These holes were drilled for more
definition in preparation for future resource
estimations.
To view a map of all the drill holes, please
click here and to view a map of the drill holes in the Central
Zones please click here or visit the Sonoro website at
www.sonorometals.com
The Phase Two drilling program is ongoing, and
the company will report additional drill results when received and
processed. Together with the earlier drilling results
announced in Sonoro’s news releases dated November 9, 2018;
December 5, 2018; January 16, 2019; and April 28, 2019, the
combined results from the drilling program confirm shallow, low
grade, bulk tonnage, gold mineralized zones in supergene oxidized
sedimentary and igneous rock units. Subject to metallurgical
confirmation, the gold mineralized zones appear amenable to heap
leach extraction of precious metals with deep oxidation. This
Phase Two drill program further expands the Cerro Caliche’s
mineralized gold zones while showing continuity of grade and
continuing to support the existence of a broadly mineralized
low-sulphidation epithermal vein system with the potential to
develop a large tonnage resource suitable for open pit
mining. The company notes that the average gold grades of
intervals reported to date are similar to existing heap leach
mining operations in the region.
A total of 4192.6 meters has been drilled and
assayed to date in the Phase Two program, bringing the total
drilled by Sonoro for the projected 10,000-meter program to 8796.4
meters. The combination of historic and current exploration
now totals more than 20,000 meters in 196 drill holes in addition
to 6,000 surface samples.
Mineral intercepts presented for the Phase Two
drill holes are shown in the table below.
CERRO CALICHE PROJECT - HOLES COMPOSITES WITH CUTOFF 0.15
g/t Au |
Hole |
Target |
|
From |
To |
Interval |
Au |
Ag |
AuEq |
(meters) |
g/t |
g/t |
g/t |
SCR-060 |
GUADALUPE |
|
59.44 |
60.96 |
1.52 |
0.176 |
3.9 |
0.232 |
SCR-061 |
GUADALUPE |
|
36.58 |
51.82 |
15.24 |
0.519 |
2.8 |
0.559 |
and |
91.44 |
97.54 |
6.1 |
0.426 |
2.8 |
0.466 |
SCR-062 |
BUENA SUERTE |
|
1.52 |
12.19 |
10.67 |
0.714 |
24.5 |
1.064 |
and |
16.76 |
27.43 |
10.67 |
0.675 |
4.7 |
0.742 |
and |
39.62 |
44.2 |
4.58 |
0.277 |
1.9 |
0.305 |
SCR-063 |
BUENA SUERTE |
|
32 |
44.2 |
12.2 |
0.442 |
4.7 |
0.51 |
and |
50.29 |
57.91 |
7.62 |
0.227 |
4.8 |
0.295 |
and |
64.01 |
68.58 |
4.57 |
0.41 |
5.3 |
0.486 |
SCR-64 |
JAPONESES |
|
6.1 |
10.67 |
4.57 |
0.384 |
22.1 |
0.7 |
and |
13.72 |
16.76 |
3.04 |
0.639 |
22.8 |
0.964 |
and |
35.05 |
44.2 |
9.15 |
1.231 |
1.8 |
1.257 |
includes |
35.05 |
41.15 |
6.1 |
1.759 |
2.5 |
1.796 |
and |
53.34 |
59.44 |
6.1 |
0.275 |
0.9 |
0.288 |
SCR-065 |
JAPONESES |
|
1.52 |
28.96 |
27.44 |
0.819 |
9.2 |
0.95 |
and |
36.58 |
39.62 |
3.04 |
1.852 |
17.9 |
2.107 |
and |
47.24 |
53.34 |
6.1 |
0.209 |
1.2 |
0.226 |
and |
59.44 |
64.01 |
4.57 |
0.231 |
0.7 |
0.241 |
and |
89.92 |
118.87 |
28.95 |
0.378 |
2.3 |
0.411 |
SCR-066 |
CHINOS NW |
|
0 |
6.1 |
6.1 |
0.495 |
4.7 |
0.562 |
and |
24.38 |
30.48 |
6.1 |
0.503 |
1.4 |
0.522 |
SCR-067 |
CHINOS ALTOS |
|
9.14 |
13.72 |
4.58 |
0.258 |
0.7 |
0.269 |
and |
21.34 |
27.43 |
6.09 |
0.282 |
2.3 |
0.315 |
SCR-068 |
LA ESPANOLA |
|
15.24 |
18.29 |
3.05 |
6.131 |
3.4 |
6.179 |
and |
36.58 |
42.67 |
6.09 |
0.192 |
1 |
0.207 |
and |
60.96 |
65.53 |
4.57 |
0.517 |
1.8 |
0.543 |
and |
83.82 |
92.96 |
9.14 |
1.250 |
5.4 |
1.327 |
and |
99.06 |
103.63 |
4.57 |
0.494 |
1.4 |
0.515 |
SCR-069 |
CHINOS ALTOS |
|
28.96 |
36.58 |
7.62 |
0.947 |
13.6 |
1.142 |
SCR-070 |
CHINOS ALTOS |
|
18.29 |
21.34 |
3.05 |
0.193 |
0 |
0.193 |
SCR-071 |
CHINOS ALTOS |
|
9.14 |
15.24 |
6.1 |
0.44 |
6.2 |
0.53 |
SCR-072 |
JAPONESES |
|
3.05 |
18.29 |
15.24 |
0.574 |
3 |
0.616 |
and |
22.86 |
30.48 |
7.62 |
0.316 |
1 |
0.33 |
and |
42.67 |
45.72 |
3.05 |
0.214 |
0.5 |
0.222 |
and |
64.01 |
68.58 |
4.57 |
0.206 |
0.3 |
0.21 |
SCR-073 |
JAPONESES |
|
33.53 |
35.05 |
1.52 |
0.235 |
0.9 |
0.248 |
SCR-074 |
JAPONESES |
|
0 |
6.1 |
6.1 |
0.23 |
1.3 |
0.249 |
and |
9.14 |
24.38 |
15.24 |
0.337 |
2.8 |
0.377 |
and |
120.4 |
137.16 |
16.76 |
0.268 |
2 |
0.297 |
and |
146.26 |
163.07 |
19.81 |
0.363 |
1.4 |
0.383 |
SCR-075 |
JAPONESES |
|
24.38 |
41.15 |
16.77 |
0.215 |
1.3 |
0.233 |
and |
53.34 |
57.91 |
4.57 |
0.345 |
0.8 |
0.356 |
and |
88.39 |
91.44 |
3.05 |
0.368 |
0.3 |
0.372 |
SCR-076 |
JAPONESES |
|
9.14 |
30.48 |
21.34 |
0.311 |
6.3 |
0.401 |
and |
39.62 |
44.2 |
4.58 |
0.643 |
1.9 |
0.67 |
and |
51.82 |
56.39 |
4.57 |
0.535 |
4.1 |
0.594 |
and |
108.2 |
114.3 |
6.1 |
0.614 |
1.7 |
0.638 |
SCR-077 |
CHINOS NW |
|
10.67 |
13.72 |
3.05 |
0.185 |
3 |
0.228 |
and |
18.29 |
22.86 |
4.57 |
0.346 |
3.6 |
0.397 |
and |
77.72 |
79.25 |
1.53 |
0.429 |
0.9 |
0.442 |
SCR-078 |
CHINOS NW |
|
0 |
24.38 |
24.38 |
0.344 |
8.2 |
0.461 |
SCR-079 |
CHINOS NW |
|
10.67 |
12.19 |
1.52 |
0.185 |
7.3 |
0.289 |
and |
16.76 |
22.86 |
6.1 |
0.311 |
7.5 |
0.418 |
and |
27.43 |
39.62 |
12.19 |
0.442 |
3.6 |
0.494 |
and |
44.2 |
45.72 |
1.52 |
0.209 |
0.6 |
0.218 |
and |
51.82 |
54.86 |
3.04 |
0.292 |
1 |
0.305 |
and |
57.91 |
59.44 |
1.53 |
0.237 |
0.9 |
0.25 |
and |
65.53 |
70.1 |
4.57 |
0.21 |
1.7 |
0.234 |
SCR-080 |
CHINOS NW |
|
1.52 |
4.57 |
3.05 |
0.221 |
3 |
0.264 |
and |
9.14 |
16.76 |
7.62 |
0.355 |
6.1 |
0.443 |
and |
19.81 |
22.86 |
3.05 |
0.197 |
0.9 |
0.21 |
and |
41.15 |
42.67 |
1.52 |
0.794 |
1.1 |
0.81 |
All drill holes completed are RC type drill
holes with 45 degrees inclination to either the southwest or
northeast within vertical section planes with north 60 degrees east
orientation. True drill intercept widths are considered near the
reported drill widths ranging to 75% of drilled widths unless noted
otherwise. Most vein zones have a north 30 west trends with 45 to
70 dips to the northeast.
Quality Assurance/Quality Control
(“QA/QC”) Measures and Analytical ProceduresDrill samples
are collected with an airstream cyclone and passed into a splitter
that divides each sample into quarters. The quartered samples
are then bagged and sealed with double identification. The sample
group has blanks, standards and duplicates inserted into the sample
stream. ALS-Chemex collects the samples and transports them
directly to the preparation laboratory in Hermosillo, Sonora.
At the laboratory, part of each sample is
reduced through crushing, splitting and pulverization from which
200 grams is sent to the ALS-Chemex assay laboratory in Vancouver.
Thirty grams undergoes fire assay for gold with the resulting
concentrated button of material produced is dissolved in acids, and
the gold is determined by atomic absorption. Another quantity
of the sample is dissolved in four acids for an ICP multi-element
analysis. Standards are also inserted into the groups for
analyses by ALS-Chemex.
Geologic DescriptionCerro
Caliche is located 45 kilometers east southeast of Magdalena de
Kino in the Cucurpe-Sonora Mega-district of Sonora, Mexico.
Multiple historic underground mines were developed in the
concession including Cabeza Blanca, Los Cuervos, Japoneses, Las
Abejas, Boluditos, El Colorado, Veta de Oro and Espanola.
Mineralization types of the Cucurpe-Sonora Mega-district include
variants of epithermal low sulfidation veins and related
mineralized dikes and associated volcanic domes. Local altered
felsic dikes cut the mineralized meta-sedimentary rock units and
may be associated with mineralization both in the dikes and
meta-sedimentary rocks. The Cucurpe-Sonora Mega-district has
historically been regarded as vein dominated, but recently, open
pit mining operations have been developed on disseminated and
stockwork style gold mineralization.
Host rocks include Jurassic-Cretaceous
meta-sedimentary rock units including argillite, shale, quartzite,
limestone, quartz pebble conglomerate and andesite. Younger
intrusive rock consisting of medium coarse-grained
granodiorite-granite is present in the westerly parts of the
concessions near the historic Cabeza Blanca mine. It is apparent
that veining cuts and pervasively alters the intrusive
stock. Rhyolite occurs in irregular bodies distributed
in higher elevations in the northerly part of the concession,
including the Rincon area, where it occurs as flows, sills, dikes
and rhyolite domes. Part of the rhyolite is mineralized and appears
to be related to epithermal gold mineralization throughout the
property.
Stephen Kenwood, P. Geo., a director of Sonoro,
is a Qualified Person within the context of National Instrument
43-101 and has read and approved this news release. Readers are
cautioned that the presence of mineralization on historic mines
adjacent to or on Cerro Caliche is not necessarily indicative of
gold mineralization in the concessions held by the company.
About Sonoro Metals Corp.Sonoro
Metals Corp. is a publicly listed exploration and development
company with two exploration stage precious metal properties in
Sonora State, Mexico. The company has highly experienced
operational and management teams with proven track records for the
discovery and development of natural resource deposits.
On behalf of the Board of SONORO METALS
CORP.Per: “Kenneth MacLeod”
KENNETH MACLEOD President & CEO
For further information, please contact:Sonoro
Metals Corp. - Corporate Communications: Bill Campbell – Tel: (604)
565-5609Email: bill@sonorometals.com
Forward-Looking Statement
Cautions: This press release contains certain
"forward-looking statements" within the meaning of Canadian
securities legislation, relating to, among other things, the
Company's plans for the drilling of the above-described Cerro
Caliche Concessions, located in the municipality of Cucurpe,
Sonora, Mexico, and the Company’s future exploration plans for
those properties. Although the Company believes that such
statements are reasonable based on current circumstances, it can
give no assurance that such expectations will prove to be correct.
Forward-looking statements are statements that are not historical
facts; they are generally, but not always, identified by the words
"expects," "plans," "anticipates," "believes," "intends,"
"estimates," "projects," "aims," "potential," "goal," "objective,"
"prospective," and similar expressions, or that events or
conditions "will," "would," "may," "can," "could" or "should"
occur, or are those statements, which, by their nature, refer to
future events. The Company cautions that forward-looking statements
are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made and they involve a
number of risks and uncertainties, including the possibility of
unfavourable interim exploration results, the lack of sufficient
future financing to carry out exploration plans, and unanticipated
changes in the legal, regulatory and permitting requirements for
the Company’s exploration programs. There can be no assurance that
such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law or the policies of the TSX
Venture Exchange. Readers are encouraged to review the Company’s
complete public disclosure record on SEDAR at www.sedar.com.
THIS PRESS RELEASE DOES NOT CONSTITUTE
AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL
THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY JURISDICTION
IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR
TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY
SUCH JURISDICTION.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this release.
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