Soma Gold Corp. Soma is pleased to announce that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated November 4, 2024, were approved by the requisite majority of votes with 64.49% of eligible votes cast at the Company's Annual General Meeting held on Monday [...]
Revenue for the quarter was $22.4 million and $64.4 million for the nine months ended September 30, 2024 EBITDA for the quarter was $9.1 million and $22.7 million for the nine months ended September 30, 2024 Soma sold 6,612 AuEq ounces in Q3-2024 and 20,845 AuEq ounces in the nine months ended Total cash costs per ounce of gold sold were US$1,256 [...]
Soma Gold Corp. advises shareholders to cast their votes online or via telephone for the Company's upcoming Annual General Meeting, scheduled for December 9, 2024. Due to the ongoing postal strike in Canada, and with the proxy cut-off deadline set for December 5, 2024, the Company encourages shareholders to utilize digital or telephonic voting [...]
Soma Gold Corp. is pleased to announce the appointment of Terry Krepiakevich, FCPA, FCA, ICD.D, to its Board of Directors, effective immediately. Mr. Krepiakevich brings a wealth of experience in financial oversight, corporate governance, and strategic leadership that will significantly strengthen Soma's Board as the Company continues to grow its [...]
Soma Gold is pleased to announce initial results from the 2024 diamond drill program targeting the "Venus Gap" at the Cordero Mine on the Bagre Project. Ten diamond drill holes, totaling 1,476m of underground drilling, were targeted to infill a gap in the historic drilling north of the Venus Vein. Previously, mining on the Venus Vein encountered a [...]
Soma Gold is pleased to announce the initial results from its ongoing exploration program at the Colossa Mine, a small artisanal mine on the Machuca Project. A total of five channel samples across four levels of the mine during the initial reconnaissance visit to the informal underground mine. The channel sample results and exploration plans for [...]
Soma Gold Corp. is pleased to announce that one of the Company's diamond drill rigs is being mobilized to its El Limon Mine in Zaragoza, Antioquia, Colombia . A review of historical data from the mine and diamond drilling has revealed the presence of high-grade gold intercepts in the hanging wall and footwall of the mine. The 2024 drill program [...]
Soma Gold Corp. is pleased to announce updated results from its 2024 diamond drill program at the Cordero Mine on the Bagre Project in central Colombia . Results from the first nineteen diamond drill holes in this program were previously reported , with geochemical analysis pending for the remaining seven holes. This release includes the results [...]
Soma Gold Corp. is pleased to announce the appointment of Hector Manuel Melendez Gomez as the Company's new Country Manager. Mr. Melendez joined Soma's management team on September 1, 2024, and will be responsible for the Company's operations in Colombia. Mr. Melendez, a Mining Metallurgist graduate from the National Autonomous University of [...]
Soma sold 7,209 AuEq ounces in Q2-2024 and 14,233 AuEq ounces in the six months ended June 30, 2024 . Revenue for the quarter was up $22.7 million, with $42.0 million for the six months ended June 30, 2024 . EBITDA for the quarter stood at $7.5 million and $13.6 million for the six months ended June 30, 2024 . Total cash costs per ounce of gold [...]
Soma Gold Corp. is pleased to announce initial results from the 2024 diamond drill program at the Cordero Mine on the Bagre Project. Nineteen diamond drill holes, totalling 2,759m of drilling, were completed by underground and surface drill rigs. The drilling to date has targeted the up-dip extension of gold-bearing quartz veins commonly referred [...]
Soma Gold Corp. is pleased to announce that, in cooperation with the Mayor and Municipality of Zaragoza and the local community, the issues pertaining to the paving of a local road have been resolved, and the blockade has now been lifted. The Company's workers will return to work for the Wednesday morning shift, and regular production is expected [...]
