Sonoro Releases Cerro Caliche Project Development Report Potential FOR High-Grade GOLD Zones at Depth Highlighted
SONORO RELEASES CERRO CALICHE PROJECT DEVELOPMENT REPORT
POTENTIAL FOR HIGH-GRADE GOLD ZONES AT DEPTH HIGHLIGHTED
VANCOUVER, Canada, April 28, 2020, Sonoro Metals Corp., (TSXV: SMO | OTCQB: SMOFF | FRA: 23SP),
(“Sonoro” or the “Company”), announces the release of the Cerro Caliche Project Development Report.
The report summarizes the results of work to advance the Company ’s understanding of the mineralized
system which comprises Cerro Caliche, while refining the exploration model to ensure future exploration
activities are increasingly cost-effective and ultimately successful. The report also assesses regional and
property geology, the mapped zonation of the Cerro Caliche low-sulfidation epithermal system, and
related potential for significantly higher grades at depth. It also includes two grade x thickness modeling
tools, namely – longitudinal 3D sections and Isopachs, all based on drilling to date.
Sonoro ’s principal focus since July 2019, has been activities to support its proposed Heap Leach Pilot
Operation (HLPO) together with assisting the efforts of China-based EPC companies regarding the HLPO ’s
development and debt financing. The Covid-19 pandemic has delayed these activities as, in particular,
current COVID-19 related travel restrictions prevent the EPC companies from sending their technical
teams from China to visit the Cerro Caliche project in Sonora State, Mexico.
“While waiting for the travel restrictions to be lifted, we took the opportunity to further refine our
understanding of the geology at Cerro Caliche, in order to fine tune our exploration strategy,” said
Kenneth MacLeod, President and CEO of Sonoro. “This report highlights the exceptional potential for both
significantly increasing the gold resource and outlining much higher-grade gold zones as we drill deeper.”
Melvin Herdrick, P.Geo., Sonoro ’s Vice President of Exploration, and Jorge Diaz, MSc., Sonoro’s Vice
President of Operations, co-authors of the report stated, “In reviewing the data, what is remarkable is the
ubiquitous nature of the gold contained within the hundreds of parallel northwest trending quartz veins
over an area of three by four kilometers. All of the quartz veins sampled carried more than 1 g/t Au. Many
returned high grades ranging from 4 g/t Au to 25 g/t Au with one standout returning 97 g/t Au. I think it
is apparent that Cerro Caliche is sitting on top of a major gold hydrothermal system which has enriched
both the Cerro Caliche and neighboring Mercedes Mine regions.”
The report can be accessed on the Company ’s Website at:
https://sonorometals.com/wp-content/uploads/2020/04/Cerro-Caliche-Project-Development-Report-2020-21-1.pdf
Statement of Qualified Person
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 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. - Tel: (604) 632-1764
Email: [email protected]
Forward-Looking Statement Cautions: This press release cont ains 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," "estima tes,"
"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. Th e
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.