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SONORO STARTS EXPLORATION AT SAN MARCIAL IN SONORA-MOJAVE MEGASHEAR.
VANCOUVER, Canada, January 29, 2015, Sonoro Metals Corp., (“Sonoro”) (TSXV: SMO), announces the launch of surface exploration at Sonoro’s wholly-owned San Marcial gold/silver property located 20 km east of Timmins Gold’s San Francisco Mine in the prolific Sonora-Mojave Megashear geologic structure of Sonora State, Mexico. The San Marcial property includes the original mine workings of the San Marcial and Soledad mines that were active during the early 1900s. Sonoro has 100% ownership of 644 hectares at San Marcial and has an option to acquire an additional 372 hectares.
Following the completion of a thorough data compilation program on San Marcial, soil sampling was initiated to delineate anomalous zones in the structurally complex region. Soil lines have been established on north-south lines 200 meters apart and samples taken at 50 meter intervals over three lines. Seven specific mineralized structural zones were identified and crossed in the soil sampling, including the old mine prospect areas at San Marcial and Soledad. Underground workings in these two areas have characterization rock chip sample values ranging from .3 to over 4 g/t gold and 7 to over 50 g/t silver; lead values from 700 ppm to over 2 percent; with additional anomalous values of arsenic and mercury. These samples were previously collected by the former owner and analyzed at commercial laboratories, but do not represent a resource.
The ongoing sampling program is being expanded to provide fill-in grid sampling of the areas between the San Marcial and Soledad prospect areas and in hydrothermally altered areas to the north and south of both prospects. The local terrain is composed of low hills with outcropping rhyolitic meta-volcanic rock, sedimentary units of meta-calcareous shale, arkosic quartzite and porphyritic intrusive rocks which extend into low, nearly flat pediment covered areas. All rock types show strong alteration mainly of silicification with sericite and clay.
Concurrently, Sonoro’s seasoned technical team, under the direction of Hermosillo-based Chief Geologist, Melvin Herdrick, is conducting investigations into additional gold/silver projects of merit in the strategic Sonora-Mojave Megashear and the Sierra Madre Gold Belt of northwestern Mexico. Projects which demonstrate the potential for low-cost, disseminated type deposits will be selected for potential acquisition, exploration and development.
The Sonora-Mojave Megashear is a regional scale structural system measuring approximately 50 km in width and 500 km in length. Gold mines in the Megashear have produced over 10 million ounces with about 25 million ounces remaining in resources. Mines in this trend include New Gold’s Mesquite Mine near Yuma, Arizona, in addition to several mines located in the northwest corner of Sonora State, including La Herradura (Fresnillo and Newmont); El Chanate (Au Rico Gold); and San Francisco (Timmins Gold).
Stephen Kenwood, P. Geo. is a qualified person within the context of National Instrument 43-101 and has read and takes responsibility for this news release.
On behalf of the Board of SONORO METALS CORP.
Sonoro Metals Corp. is an exploration and development company with a portfolio of strategically-located projects in Sonora State, Mexico and British Columbia, Canada. Sonoro’s corporate strategy is to build value for its shareholders through the acquisition, exploration and discovery of mineral deposits suitable for future development. Sonoro’s skilled exploration team in Mexico is headed by Hermosillo-based Melvin Herdrick, a professional geologist with over 35 years exploration experience, including 9 years as the Chief Geologist for Phelps Dodge in Mexico and 5 years as Vice-President Exploration for Pediment Gold Corp. until its takeover by Argonaut Gold Inc. in 2011.
For further information, please contact:
Sonoro Metals Corp. – Tel: (604) 632-1764.
Forward-Looking Statement Cautions:
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating to, among other things, the Company's plans regarding the use of proceeds of the Offering and its other recently completed financings. Although the Company believes that such statements are reasonable, 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, or 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. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes in Mexico that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.