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TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU

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.
TSXV:SOMA OTC:SMAGF WKN:A2P4DU

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:

Q3 Financials Highlight Progress in Gold Mining and Exploration

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced its financial and operational results for the third quarter. Learn more about the latest financial highlights and operational updates driving future growth.
Tags: Gold

Striking Gold as New Drill Results Uncover High-Grade Extensions at Cordero Mine

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced positive initial results from its 2024 diamond drill program targeting the "Venus Gap" at the Cordero Mine in Colombia. Read more to discover how these findings extend the Venus Vein's strike length, revealing high-grade intervals and significant exploration potential.
Tags: Gold

High-Grade Gold Discovery Sparks Investor Interest Amid Record Prices

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has reported new high-grade channel sampling results from its Colossa Mine. See why the company's VP of exploration is saying there is "significant potential for gold exploration" in the area.
Tags: Gold

New Drilling Initiatives Uncover High-Grade Potential in Colombia

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has initiated the mobilization of a surface diamond drill rig to its El Limon Mine in Zaragoza, Antioquia, Colombia. Read why the exploration team is so excited about these results and future prospects.
Tags: Gold

Cordero Mine Delivers High-Grade Gold with 68-Meter Vein Extension

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced the successful extension of the strike length of the high-grade quartz veins at Level 1 of its Cordero Mine by 68 meters to the south. See why analysts are praising the company's potential for further exploration.
Tags: Gold

A Compelling Speculation in the Junior Gold Market

Contributed Opinion
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John Newell of John Newell & Associates explains why Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) offers a unique value proposition as both a gold producer and an exploration company.
Tags: Gold

More Articles


Expert Comments:

SADIF Investment Analytics

(3/26/24)
"Soma Gold Corp. is a high quality company. . .with a good business rating, Soma has fair financials and reasonable earnings quality. . .its stock has been upgraded to Good from Above Average."

Experts Following This Company

Clive Maund – CliveMaund.com

Company News 

11/29/2024 – SOMA GOLD REPORTS THIRD QUARTER AND YEAR-TO-DATE EBITDA(1) OF $9.1 MILLION AND $22.7 MILLION

11/26/2024 – SOMA GOLD CORP. PROVIDES UPDATE ON VOTING AT THE COMPANY'S 2024 ANNUAL GENERAL MEETING

11/12/2024 – SOMA GOLD EXTENDS VENUS VEIN WITH DRILLING INTERSECTS OF 13.9 g/t Au OVER 7.55m, INCLUDING 48.6 g/t Au OVER 1.45m AND 24.7 g/t Au OVER 1.3m, AT THE CORDERO MINE, EL BAGRE, ANTIOQUIA, COLOMBIA

10/24/2024 – SOMA GOLD ANNOUNCES CHANNEL SAMPLE RESULTS OF 1m @ 29.83 g/t AU FROM THE COLOSSA MINE ON THE MACHUCA PROJECT, ANTIOQUIA, COLOMBIA

9/26/2024 – SOMA GOLD MOBILIZES SURFACE DRILL RIG TO THE EL LIMON MINE, ZARAGOZA, ANTIOQUIA, COLOMBIA

9/19/2024 – SOMA GOLD CORP. EXTENDS THE STRIKE LENGTH OF LEVEL 1 BY 68M WITH HIGH-GRADE DRILL INTERCEPTS AT THE CORDERO MINE, EL BAGRE, ANTIOQUIA, COLOMBIA

9/17/2024 – SOMA GOLD APPOINTS HECTOR MELENDEZ AS COLOMBIA COUNTRY MANAGER

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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streetwise book logoStreetwise - Soma Gold Corp. Ownership Overview*

Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU)

*Share Structure as of 9/3/2024
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
Q4
2024
Exploration results at Machuca Mine. YE financial statements
Q1
2025
Target gold production increase to 40,500 ounces Au in 2024 and 47,000 ounces Au in 2025
Soma Gold Corp. Content