Soma Gold Corp. announces that the union representing employees at the Company's Operadora Minera SAS subsidiary and the Company have successfully completed negotiations and entered a new contract. Regular work hours will resume on September 29th, 2022. Javier Cordova, President and CEO, states, "Our team worked diligently with the union [...]
Soma Gold Corp. announces that the unionized employees at the Company's Operadora Minera SAS subsidiary have elected to go on strike, effective immediately. Work at the site stopped on Friday, September 16th, 2022. Negotiations continue, and both parties have expressed hope that a resolution can be found quickly. The Colombian Ministry of Labor is [...]
Soma Gold Corp. is pleased to announce that the Company's second quarter Financial Statements and MD&A have been filed on SEDAR and are available at the following link: https://bit.ly/3nVdVXv Highlights of the quarter Gold equivalent ounce sold rose to 7,583 ounces - an increase of 79% from the prior quarter and 99% from Q2-2021. Income from mining [...]
73% INCREASE OVER Q2 2021 98.98% of $0.25 WARRANTS EXERCISED Soma Gold Corp. is pleased to announce that its El Bagre, Colombia, gold mining operation produced 6,952 AuEq ounces and sold 7,740 AuEq ounces in Q2 of 2022. Year-to-date production for the first half is 12,054 AuEq ounces, 11% ahead of the 2022 plan of 10,845 ounces. Soma also announces [...]
Soma Gold Corp. and C. Geoffrey Hampson of Vancouver, B.C., announce that Hampson has acquired Shares of the Company pursuant to various private transactions. On January 14, 2022, Hampson acquired 1,620,000 Shares at a price of $0.25 per share for aggregate consideration of $405,000. On May 13, 2022, Hampson acquired ownership and control over [...]
INSIDERS EXERCISE WARRANTS Soma Gold Corp. is pleased to announce that gold production at the Company's El Bagre, Colombia, gold mine has set a new monthly record with 2,383 AuEq ounces produced and sold during May. Year-to-date 2022 production through the end of May is 9% ahead of the 2022 plan and 33% ahead of 2021 production. The Company also [...]
Soma Gold Corp. is pleased to announce that the Company's first quarter Financial Statements and MD&A have been filed on SEDAR. Highlights of the quarter Gold production rose to 5,005 ounces - an increase of 6% from the prior quarter and 15% from Q1-2021. Income from mining operations was $4.2 million for the quarter compared to $2.6 million in the [...]
Soma Gold Corp. is pleased to announce new drilling results from the ongoing exploration program at the Estrella-Diamantina mineralized trend within the Company's Zara property in Antioquia. Highlights Drilling and channel sampling has defined a mineralized zone over 500m in strike length and 250m down-dip centered around the historic artisanal [...]
Soma Gold Corp. is pleased to announce that the Company's 2021 Financial Statements and MD&A have been filed on SEDAR. 2021 Financial Highlights 73% increase in gross revenues from the same period in 2020 to $40 million. Income from mining operations was $12.5 million for the year compared to $8.4 million in 2020. Adjusted EBITDA was $11.3 million [...]
Soma Gold Corp. is pleased to announce that it has entered into a Property Option Agreement with Angra Metals Mineração Ltda. and Ero Copper Corp. pursuant to which the Optionors agreed to grant to Ero an option to purchase 100% of the legal and beneficial interest in the Tucumã Properties, located in the Carajás province in the State of Pará [...]
Soma Gold Corp. is pleased to provide a Corporate Update. HIGHLIGHTS 1. Phase 2 of the 5-year exploration plan conducted in 2022 at the Company's properties in Antioquia, Colombia has been approved as follows: 20,000 meters of drilling, fully funded from cash flow. Systematic soil and stream sediment sampling program covering an area of 4,500Ha of [...]
Soma Gold Corp. announces, subject to regulatory approval, the grant of a total of 1,662,000 stock options to directors of the Company to purchase common shares of the Company in accordance with its Equity Incentive Plan. The options vest immediately and are issued at an exercise price of 35 cents per common share and expire five years from the [...]
