financetom
Business
financetom
/
Business
/
Update: Soma Gold Down 2% as Releases New Drill Results Targeting Venus Gap Zone of Cordero Mine in Colombia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Soma Gold Down 2% as Releases New Drill Results Targeting Venus Gap Zone of Cordero Mine in Colombia
Jun 11, 2025 9:37 AM

12:20 PM EDT, 06/11/2025 (MT Newswires) -- (Updates shares.)

Soma Gold ( SMAGF ) on Wednesday reported new drill results targeting the Venus Gap zone of the Cordero mine on the Bagre project in Colombia.

Highlights of the results include 1.7 meters at 9.2 grams per tonne gold; 2.1 meters at 11.9 g/t gold, and 6 meters at 7.5 g/t gold, including 0.65 meters at 9.3 g/t gold and 0.5 meters at 67.8 g/t gold.

The Cordero deposit is informally divided into five main zones: the Athenas, Cordero, Venus, Venus Gap and Victoria Ramp zones.

"Drilling in the Venus Gap Zone continues to return the broadest, high-grade intervals in the mine," said Chris Buchanan, vice president of exploration. "Extending this zone down dip adds resources to the mine plan and supports development of deeper levels of the Venus and Venus Gap veins."

Soma shares were last seen down $0.04 to $1.32 on the TSX Venture Exchange.

Price: 1.32, Change: -0.04, Percent Change: -2.94

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nexstar, Sinclair will not resume airing 'Jimmy Kimmel Live'
Nexstar, Sinclair will not resume airing 'Jimmy Kimmel Live'
Sep 23, 2025
WASHINGTON (Reuters) -Two major U.S. broadcast owners said they will not resume airing Jimmy Kimmel Live! on Tuesday on their ABC affiliates and will instead run other programming, after ABC parent Walt Disney announced on Monday that it will resume broadcasting the late-night talk show. Nexstar Media and Sinclair Broadcasting said they will not resume airing the show on their...
Major automakers call for EPA to ease tailpipe emissions rules
Major automakers call for EPA to ease tailpipe emissions rules
Sep 23, 2025
WASHINGTON (Reuters) -A group representing nearly all major automakers asked the Trump administration Tuesday to rollback aggressive vehicle emissions limits that seek to force the industry to build a rising number of electric vehicles. The Alliance for Automotive Innovation, which represents General Motors, Toyota Motor, Volkswagen, Hyundai and other major automakers, said in a filing with the Environmental Protection Agency...
Kenvue Shares Advance as Medical Experts, Groups Dispute Trump's Warning on Tylenol's Autism Risk
Kenvue Shares Advance as Medical Experts, Groups Dispute Trump's Warning on Tylenol's Autism Risk
Sep 23, 2025
12:00 PM EDT, 09/23/2025 (MT Newswires) -- Kenvue ( KVUE ) shares were up more than 3% in recent Tuesday trading after medical experts and organizations disputed US President Donald Trump's warning over Tylenol's potential links to autism when used during pregnancy. Trump on Monday urged pregnant women to avoid taking acetaminophen, also known as paracetamol and the active ingredient...
Employee Navigator Announces AI Technology Acquisition and Launch of Major AI Initiatives Ahead of Open Enrollment
Employee Navigator Announces AI Technology Acquisition and Launch of Major AI Initiatives Ahead of Open Enrollment
Sep 23, 2025
BETHESDA, Md.--(BUSINESS WIRE)-- Employee Navigator is excited to announce the acquisition of Velocity Benefits’ AI-powered plan building software. Employee Navigator is also introducing two additional major AI features designed to transform benefits administration software. Acquisition of Velocity AI Plan Building Tool Velocity Benefits, a longtime partner to brokers on Employee Navigator, has developed a proprietary AI product that extracts plan...
Copyright 2023-2026 - www.financetom.com All Rights Reserved