Soma Gold Corp.

Soma Gold Corp. owns 100% of the El Bagre mine located on a 41,000 Ha property in Antioquia, Colombia. Soma owns two Merrill Crowe mills on the property, a 450 TPD operating mill and a 275 TPD mill set to restart operations in Q1 of 2024. The two mills can be expanded to 1,400 TPD with all permits currently in place.
Soma also owns an exploration and development property in Tucuma, Para State, Brazil, that is currently optioned to Ero Copper of Vancouver, BC.

Soma Gold Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Despite Rate Cut Delay, Brighter Days Ahead for Gold?

Even as the gold market continues to hover seemingly without finding any traction above US$2,000 an ounce, and the Fed signals it's in no hurry to cut interest rates, some analysts continue to see bright skies ahead this year for the precious metal.
Tags:  Gold

Temporary Dip in Gold Mining Stock Presents Buying Opportunity

Contributed Opinion
Technical Analyst Clive Maund takes a look at Soma Gold Corp.'s 6-year, 18-month, and 6-month charts to explain where he believes it is headed.
Tags:  Gold

Gold Co. Has Shown Great Relative Strength

Contributed Opinion
Technical Analyst Clive Maund reviews Soma Gold Corp.'s 6-month and 10-year charts to tell you why he believes it is a Buy.
Tags:  Gold

Gold Mining Co. Reports 47% Increase In Gold Production

Recently, Soma Gold Corp. reported gold production results for the year. Read to see why the company is confident and what its plans are for the next couple of years.
Tags:  Gold

Experts Following This Company

Clive Maund – CliveMaund.com
Sadif Research – Sadif Research

Important Disclosures
Soma Gold Corp. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

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2024/3/3 16:40:35


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streetwise book logoStreetwise - Soma Gold Corp. Ownership Overview*


*Share Structure as of 2/28/2024
Investing Highlights
Soma is enhancing resources through exploration and strategic acquisitions.
Systematically reducing corporate debt, targeting zero debt by 2025.
Planning for growth, aiming to reach 85k - 100k ounces of AuEq per year by 2028, contingent on justified resource expansion.
catalyst Calendar
Expand milling capacity to 650 TPD in H1 2024
Exploration results at Machuca Mine. YE financial statements
Target gold production increase to 40,500 ounces Au in 2024 and 47,000 ounces Au in 2025
Soma Gold Corp. Content