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SONORA GOLD CORPORATION (SGGFF) RSS Feed

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SONORA GOLD CORPORATION COMPANY WEBSITE http://www.sonoragold.ca/index.htm COMPANY TICKER SYMBOL SGGFF.PK (American) SGG.V (Canadian) COMPANY PROFILE Sonora Gold Corporation is a junior resource exploration company, based in Vancouver, British Columbia, Canada. The Company’s portfolio includes; a Joint Venture Copper/Moly/Gold exploration project with Teck Cominco in Sonora State, Mexico (San Enrique), a Copper/Gold porphyry with skarn exploration project in northwestern British Columbia, Canada (RHG), and a Massive Sulphide prospect in southwestern British Columbia (Tantalus). The summer looks to be an active one for Sonora Gold, with significant drill programs planned for both the San Enrique and RHG properties, as well as additional prospective ground work on the Tantalus prospect. PROJECTS Canadian Exploration Sonora Gold is excited about the prospects of its two British Columbia based mineral properties: The RHG Copper/Gold and the Tantalus Massive Sulphide prospects. Both properties host favorable geological conditions to potentially host large tonnage mineral deposits, with the RHG project’s summer drill program being the Company’s first priority in Canada. Supported by a stable and predictable political environment, adequate funding for the summer/fall drilling & prospecting programs, as well as experienced mining exploration and development management locally, Sonora Gold’s Canadian exploration programs are well positioned for success. RHG Gold/Copper Project Location The 10,964 hectare RHG porphyry copper gold property is located approximately 35 kilometers northwest of Telegraph Creek, northcentral British Columbia, in the prolific copper belt hosting the Galore Creek/Copper Canyon deposits. Sonora Gold owns 100% of the RHG claims. The only intensively studied similar deposit setting within the mineral belt is Galore Creek, some 80 km to the South. The RHG claims are accessed via helicopter from the telegraph airstrip. A mining access road to the Golden Bear deposit passes within 10 kilometers to the northeast of the property. Several small lakes and creeks, as well as the Tahltan River, are suitable to support exploration activities, including drilling. (continue reading a comprehensive description of this project) http://www.sonoragold.ca/canadian/rhg.htm Tantalus Massive Sulphide Prospect The Squamish area massive sulphide project is comprised of 494 contiguous mineral claim units that encompass an area of 12,350 hectares (28,000 acres) with multiple showings and styles of mineralization. Located 65 kilometers northwest of Vancouver, British Columbia in the Tantalus Mountain Range, the property is ocean accessible via barge or water taxi to Clowhom Falls, at the head of Salmon Inlet. A network of excellent logging roads access portions of the project area year round. Alternative access may be gained by helicopter from nearby Squamish, Sechelt or Vancouver. (continue reading a comprehensive description of this project) http://www.sonoragold.ca/canadian/tantalus.htm Mexican Exploration Sonora Gold’s Mexican operations are located in the Santa Teresa District, northeast Sonora, Mexico, approximately 40 kilometers east of the town of Magdalena de Kino and 170 kilometers south of Tuscon, Arizona. Teck Cominco is currently spending on the San Enrique Option Lands to earn in on Sonora Gold’s 100% interest. Sonora also has an option on warrants in Sonora Copper LLC from the sale of the Santa Gertrudis past producing Gold property, which will close soon. The warrants are a potential bonus to Sonora’s recent sale of the Santa Gertrudis property, and the Teck Cominco Copper/Moly/Gold joint venture project carries the potential to uncover a large tonnage mineral deposit, operated by one of the best companies in the business. SAN ENRIQUE TECK COMINCO JOINT VENTURE PROJECT In the fall of 2005 and in January 2006, Teck Cominco Minera and Sonora Gold Corp. signed joint venture agreements on the San Enrique Option Lands, a Copper/Molybdenum/Gold prospect in Sonora State, Mexico. Teck Cominco has the right to earn up to a 70% interest in this 8,500 hectare prospect by spending up to US $7 million on the property under various terms and conditions. Sonora Gold currently owns a 100% interest in the San Enrique Option Lands. All costs associated with the property are covered by Teck Cominco, the project operator. To date 3200 meters of exploration drilling has been completed on the property; 2000 meters previously undertaken by Sonora Gold and approximately 1200 meters undertaken by Teck Cominco since December 2005. Teck Cominco is currently working on surveying, sampling, and geophysical analysis of the entire 8500 hectare area, with the objective of outlining a comprehensive exploratory drill program slated to commence early this summer. Continuing preparatory work on these San Enrique Option Lands has identified a minimum of 5 anomalous areas of interest which are currently being assessed for drill targets. Teck Cominco commenced working on the San Enrique Option Lands in late 2005. In 2005, Sonora Gold undertook a 16 hole drill program to test the potential of the San Enrique. The program included ore grade copper, molybdenum and silver intercepts including 27.6 meters grading 0.148% Mo, 0.0308% Cu, and 6.7gpt Silver. Within this interval, 5.3 meters graded 0.454% Mo, 0.92% Cu and 21.3 gpt Silver. (continue reading a comprehensive description of this project) http://www.sonoragold.ca/mexican/sanenrique.htm Santa Gertrudis Asset (continue reading a comprehensive description of this project) http://www.sonoragold.ca/mexican/santagertrudis.htm NI 43-101 TECHNICAL REPORT ON SANTA GERTRUDIS PROPERTY (This link goes directly to this Technical Report) http://www.sonoragold.ca/reports/mexico/SGG43-101.pdf ADDRESS HEAD OFFICE 620 – 800 West Pender Street Vancouver, British Columbia V6C 2V6 Toll free: 1.888.685.5851 MANAGEMENT (This link goes direcly to SGGFF's Management Bio's) http://www.sonoragold.ca/corporate.htm DAVE MCMILLAN President & Chief Executive Officer, Member of Audit Committee DAVE MCMILLAN President & Chief Executive Officer, Member of Audit Committee CRAIG ROBSON Director & Chairman of the Audit Committee HAROLD FORZLEY, CA Director, Chief Financial Officer and a member of the Audit Committee J. FRANK CALLAGHAN Director and a Member of the Audit Committee GEOLOGICAL CONSULTING/PROJECT MANAGEMENT (WESTERN CANADA) Nicholson & Associates Geological Consultants #302 – 675 West Hastings Street V6B 1N2 (604) 682-1845 NEWS (This link goes directy to SFFGG's News and Press Releases) http://www.sonoragold.ca/press.htm COMPANY STOCKCHART http://stockcharts.com/c-sc/sc?s=SGG.V&p=D&yr=0&mn=6&dy=0&id=p98209470351&r=.... SHARE STRUCTURE Shares Outstanding: approx. 47 million Fully Diluted: approx. 69 million FINANCIALS and SEC FILINGS (This link goes directly to SGGFF's SEC Filings) http://www.sec.gov/cgi-bin/browse-edgar?company=sonora+gold+&CIK=&filenum=&State=&SI.... INVESTOR RELATIONS Toll Free: 1.888.685.5851 Guidelines for this board: - Please keep your messages to SGGFF.PK/SGG.V. - Off topic posts will be deleted at the Moderators discernment. - Posts will be deleted not considered relevant to the DD of the Company. Those include promotional newsletters from companies that are promoting SGGFF.PK/SGG.V.
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