In this interview, Kenneth MacLeod, President & CEO of Sonoro Gold Corp (TSXV: SGO), provides insights into the gold market, Mexican mining policy, and his company’s development plans.
MacLeod begins by discussing the current gold market and Mexico’s evolving mining landscape under President Sheinbaum, setting the context for Sonoro’s operations. This changing regulatory environment could have significant implications for mining companies operating in Mexico.
The conversation focuses on Sonoro’s Cerro Caliche project, where MacLeod highlights impressive numbers: 440,000 ounces within pit shells and the potential to grow to 2 million ounces.
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Looking ahead, MacLeod outlines a clear timeline to production. With environmental permits expected in early 2024, the company aims to transition from developer to producer within 12 months of approval.
FULL DISCLOSURE: Sonoro Gold Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Sonoro Gold Corp. The author has been compensated to cover Sonoro Gold Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
