CORPORATE PRESENTATION SEPTEMBER 2020 Qualified Person / Legal - - PowerPoint PPT Presentation

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CORPORATE PRESENTATION SEPTEMBER 2020 Qualified Person / Legal - - PowerPoint PPT Presentation

CORPORATE PRESENTATION SEPTEMBER 2020 Qualified Person / Legal Cautions QUALIFIED PERSON: All scientific or technical information contained in this presentation has been reviewed and approved by Stephen Kenwood, P.Geo., a Director of Sonoro


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CORPORATE PRESENTATION SEPTEMBER 2020

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Qualified Person / Legal Cautions

QUALIFIED PERSON: All scientific or technical information contained in this presentation has been reviewed and approved by Stephen Kenwood, P.Geo., a Director of Sonoro Gold Corp., who is a “Qualified Person" as defined in National Instrument 43-101 of the Canadian Securities Administrators.

FORWARD-LOOKING STATEMENT CAUTIONS:

This presentation contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to, among other things, the Company's plans for 50,000 meters of drilling of the Cerro Caliche Concessions, located in the municipality of Cucurpe, Sonora, Mexico, the Company’s future exploration plans for those properties, the development of a heap leach pilot operation, and the need for future financing to support the Company’s operations. Although the Company believes that such statements are reasonable based on current circumstances, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions,

  • r that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer

to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties, including the possibility of unfavourable interim exploration results, the lack of sufficient future financing to carry out exploration plans, and unanticipated changes in the legal, regulatory and permitting requirements for the Company’s exploration programs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review the Company’s complete public disclosure record on SEDAR at www.sedar.com.

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Company Overview

Highlights

 Canadian junior publicly listed exploration and development company  Highly experienced management team in resource finance & development

  • Asia Pacific Resources
  • Western GeoPower Corp.
  • Crew Development Corp.

 Highly experienced exploration team with proven track record in mineral discovery

  • La Colorada (Pediment-Argonaut)
  • San Antonio (Pediment-Argonaut)
  • Chipriona (Sonoro-Agnico Eagle)

 Owns precious metals properties in the major mining districts of Sonora, Mexico

  • Cerro Caliche Gold Project
  • San Marcial Gold & Silver Project

Management Team

John Darch, Chairman & Director:

35 years experience in the identification, funding, exploration and development of mining and energy projects worldwide.

Kenneth MacLeod, President, CEO & Director:

35 years experience as an entrepreneur, financier and executive officer in the resource sector worldwide.

Melvin Herdrick, P.Geo, VP Exploration:

45 years experience, including Chief Geologist for Phelps Dodge & VP Exploration for Pediment Gold Corp.

Jorge Diaz, Operations Manager, Mexico:

49 years experience as a mining engineer in Mexico, including construction of the Mulatos Mine and La Colorada Mine.

Steve Kenwood, P.Geo, Director & Qualified Person:

25 years mineral exploration experience with Cominco; Prime Exploration and Adrian Resources.

Salil Dhaumya, CPA, CMA, Chief Financial Officer:

20 years financial and administrative experiences with public exploration companies and international subsidiaries.

Neil Maedel, Executive Director, Corporate Finance:

Over 30 years experience in international venture capital financing for the natural resource sector.

James Taylor, Director:

Over 35 years experience as an investment advisor; financing expertise in the natural resource sector and with venture companies.

Curtis Turner, Director:

Over 15 years experience in business and finance; mergers and acquisitions, public reporting and operations, community and government relations.

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Sonora State, Mexico

Sonora State

 500 Years of Mining History  Low Political Risk Jurisdiction  Excellent Infrastructure  Mining friendly – rapid permitting  Hermosillo: Technological center with Ford auto assembly plant

Sonora State Production 2018*

 38% of Mexico’s Gold Output  1.9 Moz. Gold Production  9% of Mexico’s Silver Production  21 Moz. Silver Production Cerro Caliche and San Marcial Locations

*Source: INEGI, SGM

Mexico

 8th Global Gold Producer  1st Global Silver Producer

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Cerro Caliche Gold Project

Concession

100% interest in 1,400 ha. within private ranch

Mineralized structures cover entire concession

23,000 m of drilling completed to 2019

50,000 m core & RC drill program launched Sept 2020

17 high-priority mineralized structural vein zones at surface

Potential for open pit, heap-leach, low-strip ratio gold mine

Location

 3 hrs north of Hermosillo  3 hrs south of Tucson, AZ

Gold Mining District

 Premier Gold’s Mercedes gold mine  Goldgroup’s Cerro Prieto open-pit gold mine  Agnico Eagle’s Santa Gertrudis gold project

Geology

 Large area of low sulfidation epithermal mineralization

Sonora State, Mexico 5

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Cerro Caliche Gold Project

Aeromagnetic Survey: Cerro Caliche & Mercedes Mine*

Outline of Saracachi Batholith

  • A calc-alkaline intrusive ranging from

granodiorite to granite porphyry igneous batholith with reduced character having higher ilmenite in place of magnetite resulting in lowered magnetic intensity intrusives but still enough to show from the survey the inferred outline of that batholith with the thick dark purple line.

  • This type of intrusive is capable of producing

multiple large gold deposits.

*Source: SGM Servicio Geologico Mexicano 1997 Saracachi H12-B72

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Projected Favorable zone Cerro Caliche

El Colorado, El Boludito, La Española Cabeza Blanca, Buena Suerte Veta de Oro, Gloria, Chinos Altos El Rincón, Reyna de Plata, El Bellotozo Japoneses, Cuervos, Abejas, Abel El Desprecio Magdalena, Diana, El Puerto El Quínce, San Quintín, La Ventana

Conceptual Epithermal Model

1,100 1,200 1,300 1,400 1,500 1,600 1,700 1,000 masl

Modificado de Buchanan (1981), Corbett & Leach (1996) y otros.

Projected Mineral Zoning in Veins

Undetermined…

Cerro Caliche Gold Project

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Cerro Caliche Gold Project

Core Holes DD-01/11 Multiple Mineralized Zones

Red Bordered Zone:

  • Japoneses Zone
  • Location of most of the

200,000 oz inferred resource grading 0.545 g/t AuEq*

Black Bordered Zones:

  • 8+ partially drilled zones
  • Similar grades to Japoneses

Zone

  • Tighten drill spacing to

determine resource

Yellow Highlights

  • Proposed drill traces for first

11 core holes to test high- grade mineralization at 200/300 m depth

* 11,5 Mt at avg 0.5 g/t Au + 4.3 g/t Ag containing 200,000 oz at 0.545 g/t AuEq. Source: NI 43- 101 Technical Report on Cerro Caliche dated July 26, 2019

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Cerro Caliche Gold Project

COREX 2008

Chinos NW

DD-02

Length 400 m

(1080 msnl)

Buena Suerte Abejas Japoneses

Chip surf sample 9.35 g/t Au 170 g/t Ag Chip surf sample 19.9 g/t Au 42 g/t Ag Chip surf sample 4.4 g/t Au 16 g/t Ag Hole SCR-065 1.52m @ 3.42 g/t Au, 16 g/t Ag Hole SCR-065 1.52m @ 1.9 g/t Au, 23 g/t Ag and 1.52m @ 4.2 g/t Au, 68 g/t Ag and 1.53m @ 3.7 g/t Au, 1.9 g/t Ag and 1.52m @ 3.4 g/t Au, 24 g/t Ag

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Cerro Caliche Gold Project

COREX 2008 DD-05

Length 200 m

(1100 msnl)

El Quínce El Colorado

Chip surf sample 8.45 g/t Au, 0.5 g/t Ag Chip surf sample 2.65 g/t Au, 2 g/t Ag Chip surf sample 25.14 g/t Au, 194 g/t Ag 3.2 g/t Au, 2 g/t Ag Hole SCR-044 10.67m @ 12.8 g/t Au, 6 g/t Ag and 4.57m @ 3.2 g/t Au, 23.2 g/t Ag Hole SCR-045 7.62m @ 1.8 g/t Au, 7 g/t Ag Chip surf sample 4 g/t Au, 2 g/t Ag

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Cerro Caliche Gold Project

 December 2020: Complete 5,000 m core and 7,500 m RC drilling  Define potential for high-grade mineralization at 200/300 m depth  Infill and step-out drilling to expand initial resource  January 2021: Update NI 43-101 technical report on resource  January 2021: Complete metallurgical testing  February 2021: Complete Preliminary Economic Assessment  March 2021: Implement plans to design and develop pilot plant  January to December 2021: Continue drilling programs

2020/21 Priorities for Cerro Caliche

Photo: Cerro Caliche in background 11

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Capital Structure

Share Structure

CANADA……TSX.V: SGO Trading Symbols USA…….OTCQB: SMOFF GERMANY……FRA: 23SP Share Price 30-day average $0.30 Year-High $0.34 Year-Low $0.12 Average 6-month Volume 1.75 million Market Capitalization $24.6 million Current Issued & Outstanding 82.07 million Warrants 41.74 million Stock Options 7.88 million Shares Fully Diluted 131.69 million

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Suite 408, 470 Granville Street Vancouver, BC V6C 1V5 Tel: 604.632.1764 www.sonorogold.com info@sonorogold.com

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