Company Data
Soma Gold Corp
Ticker
SMAGF
Current Price
$0.35
Market Cap
$32.1M
Price Target
Refer to Report
52wk Range
$0.3039 - $0.5047
Overview
Soma Gold Corp. Soma owns and operates three producing gold mines on a 29000 Ha property in Antioquia Colombia. The ore from these mines is milled at Soma two Merrill Crowe mills. Also Soma and the Government of Colombia have formalized small miners working on the property to ensure that the mined gold is milled and processed by the Company. The mills have a combined processing capacity of 675 TPD which can expand to 1400 TPD. All permits for expansion are presently in place. An extensive multi-year and fully funded exploration program has been designed to demonstrate the continuity of mineralization and increased life of the mine. A new NI 43-101 Resource Estimate is planned for later 2021.