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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:

Robust Q1 Performance Highlights Increased Production and Revenue

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has released its financial and operational results for the first quarter of 2024. Read on for these results and what they mean for Soma Gold's stability and future prospects.
Tags: Gold

Experts Continue To Predict Blue Skies for Gold

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After rising to a new all-time last month, the price of gold has settled some, but experts' predictions of a lasting gold bull market have not. One investment bank says a structural shift in the foundation of the gold market could be shifting levels higher.
Tags: Gold

Significant Growth Projected for Gold Producer with Positive Analyst Insights

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Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced its financial results and operating highlights for the first quarter of 2024. See what this report means for the company's present and future plans.
Tags: Gold

New Funding Secured to Boost Gold Exploration and Production in 2024

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Soma Gold Corp. (TSXV: SOMA) has secured US$3 Million to enhance the 2024 exploration budget and advance development at the Aurora Mine.
Tags: Gold

Gold Stock Announces Rich Intersect at Columbian Mine

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Canadian company Soma Gold Corp. has just announced a significant discovery following a drill program at its La Aurora mine in Machuca, Antioquia, Colombia.
Tags:  Gold

Gold Co. With Expanding Production Has 'Bright' Future

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While Soma Gold Corp.'s stock took a hit after its CEO stepped down temporarily, with expanding production numbers and gold set to rise this year the company's future "could scarcely be brighter," one analyst noted.
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
Sadif Research – Sadif Research

Company News 

7/10/2024 – SOMA GOLD ANNOUNCES SUCCESSFUL RESOLUTION AND THE LIFTING OF THE BLOCKADE AT THE CORDERO MINE AND EL BAGRE GOLD COMPLEX

7/8/2024 – SOMA GOLD CORP. ANNOUNCES Q2 GOLD PRODUCTION AND BLOCKADE AT THE CORDERO MINE AND EL BAGRE GOLD COMPLEX

6/3/2024 – SOMA GOLD REPORTS FIRST-QUARTER FINANCIAL RESULTS AND OPERATING HIGHLIGHTS

5/22/2024 – Goldlogic Corp. Announces Amendment to Offtake Agreement with Soma Gold Corp. to Support 2024 Exploration and Development Initiatives

5/21/2024 – SOMA GOLD AMENDS GOLD LOAN WITH SUN VALLEY GROUP TO INCREASE 2024 EXPLORATION BUDGET

4/30/2024 – SOMA GOLD REPORTS YEAR-END FINANCIAL RESULTS AND OPERATING HIGHLIGHTS

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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2024/7/14 16:18:12

(TSXV:SOMA - OTC:SMAGF - WKN:A2P4DU)

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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 5/24/2024
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
Q1
2024
Expand milling capacity to 650 TPD in H1 2024
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