CORPORATE PRESENTATION OCTOBER 2020
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CORPORATE PRESENTATIONOCTOBER 2020
Qualified Person / Legal Cautions
QUALIFIED PERSON:
All scientific or technical information contained in this presentation has been reviewed and approved by StephenKenwood, P.Geo., a Director of Sonoro Gold Corp., who is a “Qualified Person" as defined in National Instrument43-101 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, 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, 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
✓ Planning for commercial production in Q4-2021
✓ Highly experienced management team in resource finance, development and operations
➢ 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 TeamJohn 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, Mexico 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
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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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Pro
ject
ed F
avo
rab
le z
on
eC
err
o C
alic
he
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-01/11Multiple 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
AbejasJaponeses
Chip surf sample9.35 g/t Au170 g/t Ag
Chip surf sample19.9 g/t Au42 g/t Ag
Chip surf sample4.4 g/t Au16 g/t Ag
Hole SCR-0651.52m @ 3.42 g/t Au, 16 g/t Ag
Hole SCR-0651.52m @ 1.9 g/t Au, 23 g/t Ag
and 1.52m @ 4.2 g/t Au, 68 g/t Agand 1.53m @ 3.7 g/t Au, 1.9 g/t Agand 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 QuínceEl Colorado
Chip surf sample8.45 g/t Au, 0.5 g/t Ag
Chip surf sample2.65 g/t Au, 2 g/t Ag
Chip surf sample25.14 g/t Au, 194 g/t Ag
3.2 g/t Au, 2 g/t Ag
Hole SCR-04410.67m @ 12.8 g/t Au, 6 g/t Ag
and 4.57m @ 3.2 g/t Au, 23.2 g/t Ag
Hole SCR-0457.62m @ 1.8 g/t Au, 7 g/t Ag
Chip surf sample4 g/t Au, 2 g/t Ag
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Cerro Caliche Gold Project
✓ December 2020: Complete 4,000 m core and 7,000 m RC drilling
✓ 2020/21: Infill & step-out drilling to expand inferred resource and explore for high grade gold and silver in vein zones
✓ November 2020: Submit application for mining license
✓ December 2020: Complete metallurgical testing
✓ January 2021: Update NI 43-101 technical report on resource
✓ February 2021: Complete Preliminary Economic Assessment
✓ March/April 2021: Finalize engineering to develop mine
✓ April 2021: Projected date for receipt of mining license
✓ April 2021: Projected date for start of mine construction
✓ Q4-2021: Projected start of commercial production
2020/21 Timelines for Cerro Caliche
Photo: Cerro Caliche in background
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Capital Structure
Share Structure
CANADA……TSX.V: SGO
Trading Symbols USA…….OTCQB: SMOFF
GERMANY……FRA: 23SP
Recent Share Price $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 82.10 million
Warrants 41.71 million
Stock Options 7.88 million
Shares Fully Diluted 131.69 million
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