Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP),
(“Sonoro” and the “Company”), reports that gold mineralization has
been encountered in all 60 holes which have been drilled and
assayed to date from the reverse circulation program at the 100%
owned Cerro Caliche gold project in Sonora, Mexico. Prior results
from the 45-hole Phase One program drilling within the Central Zone
confirmed a series of northwest trending gold-dominant structures
and outlined three shallow, bulk-tonnage, gold mineralized zones
with supergene oxidized metasedimentary and igneous rock units, all
potentially suitable for heap leaching. New results from the
initial 15 Phase Two holes described below, most of which are new
area “scout holes”, match the characteristics of the Phase One
results, thus extending the mineralized zones by over 1.25
kilometers to the northwest of the Central Zone in four new
clusters.
Two infill drill holes were also completed at El
Colorado in the southwestern part of the Central Zone to determine
possible extension of deeper parts of the epithermal vein
zones.
Highlights from the initial 15 holes of the
Phase Two program reported here include:
- Veta de Oro scout drill hole SCR-057 returned 2.728 g/t AuEq
over 10.67 m, including 4.35 g/t over 6.1 m
- Veta de Oro scout hole SCR-056 returned 5.484 g/t AuEq over
3.05 m
- El Rincon scout drill hole SCR-047 returned 0.744 g/t AuEq over
10.67 m
- El Colorado infill drill hole SCR-045 returned 0.799 g/t AuEq
over 6.1 m and 1.052 AuEq over 15.24 m
“The primary focus of this initial Phase Two
round of drilling was to test Cerro Caliche’s northwestern
anomalous gold zones by “scout drilling” targets which had been
previously identified by geochemical and surface mapping but had
not yet been drilled by the Company,” said Kenneth MacLeod,
President and CEO of Sonoro. “The successful outcome of scout
drilling in the northwestern zones and infill drilling at the El
Colorado zone supports the Company’s plan to further drill these
zones following additional analysis of the data. The balance of the
ongoing Phase Two drilling is focused on extending mineralization
at the Central Zone cluster of Japoneses-Cuervos-Abejas, prior to
preparing a virgin resource estimation.”
To view a map of the drill holes in the
northwestern zones, 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
Assays from the 15 Phase Two drill holes,
numbered SCR-045 through SCR-059 as shown in the table below,
demonstrate additional potential for gold mineralization to extend
from the previously drilled Central Zone at Japoneses, Abejas, El
Colorado and Guadalupe, as disclosed in Sonoro’s January 16, 2019
news release. These newly-drilled northwestern mineralized zones
are; El Rincon, Gloria, El Boludito, and Veta de Oro, which range
up to a distance of 1.25 kilometers from and on strike with the
Central Zone. The Chinos NW zone, located between the
northwestern and Central Zone, was also drilled for the first time
by the Company, thus confirming extension from the Japoneses
zone.
Three drill-holes at the Veta de Oro zone, which
is on-strike with the Abejas mineralized zone located approximately
200 meters to the southeast, resulted in two higher grade gold and
silver intercepts in SCR-056 and 057. Drill hole SCR-054 at
the Boludito zone intercepted stockwork-style gold mineralization
on strike from the Japoneses zone approximately 200 meters to the
southeast, indicating it is a likely an extension of this
zone. In addition, drill hole SCR-055 demonstrated a probable
300-meter extension of the Buena Suerte zone which is a developing
new zone. El Rincon and Gloria zones drill holes are located about
1.25 kilometers northwest of the Japoneses zone. At the Rincon
zone, drill hole SCR-047 cut four intervals of gold mineralization
indicating a new cluster of vein and disseminated gold
mineralization. Drilling results continue to support the
existence of a broadly mineralized low-sulphidation epithermal vein
system with continuing potential to develop a large tonnage
resource suitable for open pit mining.
A total of 1,763 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 6,367
meters. The combination of historic and current exploration
now totals more than 19,000 meters in 176 drill holes in addition
to 6,000 surface samples. An additional six holes from the Phase
Two program have been sent for assaying, with results anticipated
before the end of May.
Sonoro has also received and is processing the
digital databases for Paget Southern, a private company that
carried out historical drilling programs at Cerro Caliche in
2011. Assay data for a total of 23 core drill holes has
been received, in addition to data for a large number of surface
samples. These data are from drilling and sampling conducted
under NI 43-101 standardized methods and is useful for resolving
geology and assessing mineralized zones for future
drilling.
Together with the earlier drilling results
announced in Sonoro’s news releases dated November 9, 2018;
December 5, 2018; and January 16, 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. The average gold grade of
intervals reported is observed to be similar to other gold heap
leaching mining operations in the region. Mineral intercepts
presented for the Phase Two drill holes are shown in the table
below.
Drill intercepts of vein zones cross the
inclined vein zones at near perpendicular attitudes to the veins
with 45-degree angled drill holes. The steeper angle vein
true widths will vary to near 80 percent of intersected widths
crossing vein zone trends.
|
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-045 |
EL COLORADO (Infill) |
|
15.24 |
21.34 |
6.1 |
0.759 |
2.8 |
0.799 |
and |
41.15 |
45.72 |
4.57 |
0.343 |
4.3 |
0.404 |
and |
56.39 |
71.63 |
15.24 |
0.992 |
4.1 |
1.052 |
includes |
64.01 |
71.63 |
7.62 |
1.767 |
6.7 |
1.862 |
SCR-046 |
EL COLORADO (Infill) |
|
0 |
1.52 |
1.52 |
0.273 |
2.1 |
0.303 |
and |
24.38 |
25.91 |
1.53 |
0.427 |
37.3 |
0.96 |
and |
33.53 |
39.62 |
6.09 |
0.358 |
5.2 |
0.432 |
and |
59.44 |
60.96 |
1.52 |
0.185 |
4.0 |
0.242 |
and |
64.01 |
67.06 |
3.05 |
0.186 |
1.0 |
0.201 |
and |
89.92 |
91.44 |
1.52 |
0.271 |
0.6 |
0.28 |
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-047 |
EL RINCON (Scout) |
|
1.52 |
3.05 |
1.53 |
0.368 |
0.25 |
0.372 |
and |
30.48 |
33.53 |
3.05 |
0.173 |
1.5 |
0.195 |
and |
48.77 |
50.29 |
1.52 |
0.213 |
0.8 |
0.224 |
and |
53.34 |
64.01 |
10.67 |
0.714 |
2.1 |
0.744 |
includes |
53.34 |
57.91 |
4.57 |
1.255 |
2.5 |
1.291 |
and |
83.82 |
89.92 |
6.1 |
0.425 |
1.5 |
0.446 |
and |
92.96 |
94.49 |
1.53 |
0.317 |
0.9 |
0.33 |
and |
99.06 |
105.16 |
6.1 |
0.229 |
0.6 |
0.237 |
and |
109.73 |
112.78 |
3.05 |
0.361 |
0.5 |
0.368 |
SCR-048 |
EL RINCON(Scout) |
|
30.48 |
32 |
1.52 |
0.378 |
3.9 |
0.434 |
and |
94.49 |
96.01 |
1.52 |
0.643 |
0.5 |
0.65 |
SCR-049 |
EL RINCON(Scout) |
|
30.48 |
32.0 |
1.52 |
0.206 |
0.7 |
0.216 |
and |
36.58 |
38.1 |
1.52 |
0.166 |
0.25 |
0.17 |
and |
47.24 |
48.77 |
1.53 |
1.635 |
17.7 |
1.888 |
and |
59.44 |
62.48 |
3.04 |
0.845 |
1.2 |
0.861 |
and |
83.82 |
85.34 |
1.52 |
0.303 |
0.25 |
0.307 |
SCR-050 |
GLORIA(Scout) |
|
1.52 |
3.05 |
1.53 |
0.24 |
3.1 |
0.284 |
and |
6.1 |
9.14 |
3.04 |
0.361 |
1.2 |
0.378 |
and |
13.72 |
21.34 |
7.62 |
0.324 |
2.3 |
0.357 |
and |
32 |
33.53 |
1.53 |
0.157 |
1.5 |
0.178 |
and |
99.06 |
100.58 |
1.52 |
0.214 |
0.25 |
0.218 |
SCR-051 |
GLORIA(Scout) |
|
4.57 |
6.1 |
1.53 |
0.19 |
1.8 |
0.216 |
and |
73.15 |
79.25 |
6.1 |
0.391 |
4.2 |
0.451 |
and |
111.25 |
114.3 |
3.05 |
0.185 |
0.9 |
0.198 |
SCR-052 |
GLORIA(Scout) |
|
21.34 |
22.86 |
1.52 |
0.676 |
0.25 |
0.68 |
and |
51.82 |
53.34 |
1.52 |
0.195 |
0.25 |
0.199 |
and |
56.39 |
57.91 |
1.52 |
0.426 |
2.8 |
0.466 |
and |
86.87 |
88.39 |
1.52 |
0.229 |
0.9 |
0.242 |
and |
115.82 |
117.35 |
1.53 |
0.17 |
0.9 |
0.183 |
SCR-053 |
GLORIA(Scout) |
|
39.62 |
42.67 |
3.05 |
0.642 |
3.6 |
0.694 |
and |
51.82 |
57.91 |
6.09 |
0.262 |
1.3 |
0.28 |
and |
65.53 |
67.06 |
1.53 |
0.159 |
0.5 |
0.166 |
and |
68.58 |
73.15 |
4.57 |
0.177 |
0.3 |
0.18 |
and |
91.44 |
92.96 |
1.52 |
0.751 |
0.25 |
0.755 |
and |
96.01 |
97.54 |
1.53 |
0.159 |
0.25 |
0.163 |
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-054 |
El BOLUDITO(Scout) |
|
13.72 |
16.76 |
3.04 |
0.435 |
26 |
0.806 |
and |
25.91 |
38.1 |
12.19 |
0.266 |
2.7 |
0.305 |
and |
41.15 |
44.2 |
3.05 |
0.263 |
7 |
0.364 |
and |
80.77 |
82.3 |
1.53 |
0.308 |
0.8 |
0.319 |
SCR-055 |
BUENA SUERTA(Scout) |
|
13.72 |
16.76 |
3.04 |
0.164 |
5.9 |
0.248 |
and |
19.81 |
45.72 |
25.91 |
0.265 |
1.5 |
0.286 |
and |
50.29 |
57.91 |
7.62 |
0.249 |
2.1 |
0.28 |
and |
68.58 |
73.15 |
4.57 |
0.568 |
3.1 |
0.613 |
and |
115.82 |
117.35 |
1.53 |
0.159 |
1.2 |
0.176 |
and |
121.92 |
134.11 |
12.19 |
0.446 |
1.6 |
0.468 |
SCR-056 |
VETA DE ORO(Scout) |
|
35.05 |
36.58 |
1.53 |
0.34 |
22.7 |
0.664 |
and |
67.06 |
76.2 |
9.14 |
1.755 |
23.7 |
2.094 |
includes |
68.58 |
71.63 |
3.05 |
4.666 |
57.3 |
5.484 |
and |
79.25 |
80.77 |
1.52 |
0.215 |
3.6 |
0.266 |
SCR-057 |
VETA DE ORO(Scout) |
|
54.86 |
65.53 |
10.67 |
1.519 |
84.6 |
2.728 |
includes |
56.39 |
62.48 |
6.09 |
2.456 |
132.6 |
4.35 |
and |
68.58 |
76.2 |
7.62 |
0.373 |
2.9 |
0.415 |
and |
82.3 |
83.82 |
1.52 |
0.185 |
0.7 |
0.195 |
and |
86.87 |
88.39 |
1.52 |
0.552 |
1.6 |
0.575 |
SCR-058 |
VETA DE ORO(Scout) |
|
56.39 |
64.01 |
7.62 |
0.447 |
2.7 |
0.486 |
and |
67.06 |
73.15 |
6.09 |
0.189 |
1.4 |
0.208 |
and |
77.72 |
79.25 |
1.53 |
1.415 |
1.4 |
1.435 |
and |
112.78 |
115.82 |
3.04 |
0.607 |
2.8 |
0.647 |
SCR-059 |
CHINOS NW(Scout) |
|
22.86 |
24.38 |
1.52 |
0.242 |
6.9 |
0.341 |
and |
27.43 |
28.96 |
1.53 |
1.17 |
2.2 |
1.201 |
and |
41.15 |
51.82 |
10.67 |
0.459 |
2 |
0.488 |
includes |
45.72 |
48.77 |
3.05 |
1.007 |
2.1 |
1.037 |
and |
57.91 |
60.96 |
3.05 |
0.481 |
5.9 |
0.566 |
and |
71.63 |
73.15 |
1.52 |
0.715 |
1.4 |
0.735 |
|
|
|
|
|
|
|
|
|
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 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.
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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