SOMA ANNOUNCES AN AIRBORNE GEOPHYSICAL SURVEY
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VANCOUVER, BC, Feb. 6, 2025 /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma") is pleased to announce it has commissioned an airborne magnetic and radiometric geophysical survey over five key exploration projects along the Otu Fault. Soma's exploration team is confident that the higher-resolution geophysics, achieved through 100 metres spaced lines, will enhance the structural interpretation of the Otu Fault and its associated higher-order faults that control gold-bearing quartz veins across the property.
The five blocks were identified based on early prospecting success in identifying gold-bearing quartz veins and soil anomalies. These targets include Psyche 1, La Aurora, El Limon, on-strike extensions of the Cordero deposit, and the Nechi Project. The survey will total 2,515 line-km covering 22,494 hectares, representing 55% of the total Soma's property package. It is scheduled to start in mid-March 2025, with a final report expected in early April.
Soma also confirms that five diamond drill rigs are currently active on the Company's property, producing approximately 2,200 meters of drill core per month. To date, over 300,000 meters have been drilled over Company's properties in Colombia.
Chris Buchanan, Vice-President of Exploration for Soma, states, "We look forward to correlating the airborne geophysical data with our soil sampling, mapping, and drilling results to refine our understanding of the structural geology associated with the mineralization along the Otu Fault. This survey will provide a comprehensive structural interpretation and help identify drill targets for our ongoing exploration program."
ABOUT SOMA GOLD
Soma Gold Corp. (TSXV: SOMA) is a mining company focused on gold production and exploration. The Company owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. (Permitted for 1,400 tpd). The El Bagre Mill is currently operating and producing. Internally generated funds are being used to finance a regional exploration program.
With a solid commitment to sustainability and community engagement, Soma Gold Corp. is dedicated to achieving excellence in all aspects of its operations.
The Company also owns an exploration property near Tucuma, Para State, Brazil that is currently under option to Ero Copper Corp.
On behalf of the Board of Directors
"Geoff Hampson"
Chief Executive Officer and President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements, analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "target", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management, contractors and consultants at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on forward-looking statements.
SOURCE Soma Gold Corp.
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