SOMA EXTENDS THE CORDERO DEPOSIT WITH NEW VEINS 250 M SOUTH OF THE ATENAS ZONE
Highlights include the following drill intercepts:
- CVDDH-25-013: 9.4 g/t Au over 1.35 m, including 16.5 g/t Au over 0.75 m
- CVDDH-25-015: 7.7 g/t Au over 1.5 m, including 23.0 g/t Au over 0.5 m
- CVDDH-25-015: 6.6 g/t Au over 1.5 m, including 19.8 g/t Au over 0.5 m
- CVDDH-25-018: 10.3 g/t Au over 1.0 m, including 20.5 g/t Au over 0.5 m
- Drilling confirms the Cordero Deposit remains open along strike and at depth
-
Drilling at the
Cordero Viejo Zone adds 518 m of Strike Length to the Cordero Deposit
The deposit extension is hosted by the El Carmen Stock, a composite intrusion comprised of coarse-grained tonalite, diorite, and gabbroic phases, which also hosts the Cordero Deposit. The quartz veins occur as laminated fault-fill veins within a sinistral brittle-ductile shear zone and are interpreted as conjugate shears within a steeply dipping, north-striking regional shear zone. This controlling shear zone also hosts the Los Mangos Deposit, located 3.0 kilometres to the north. The quartz veins at the
The veins have undergone repeated reactivation and display three distinct phases of development: early barren quartz veins, sphalerite + galena + pyrite + gold mineralization controlled by microfractures; and brittle fracturing along vein margins filled with quartz + pyrite + tellurides + gold. Gold mineralization occurs during the latter two phases of vein development. The final stage of brittle fracturing and micro-breccia is commonly associated with pyrite and high-grade gold mineralisation. Subsequently, the veins are crosscut by aphanitic mafic dykes and late brittle faults. The brittle faults in the area generally exhibit dextral strike-slip displacement and offset the quartz veins from less than a metre to tens of metres. These late brittle faults commonly dismember the mineralized veins into short strike-length segments, making continuity difficult to discern from drill data.
Soma's Vice President of Exploration,
Table 1 presents the composited assay results from eighteen of the completed drill holes at the
Table 1: Composites from the Cordero Viejo drill program
|
Hole ID |
From |
To |
Width |
Au |
|
|
|
CVDDH-25-001 |
no significant results |
|
|
|||
|
CVDDH-25-002 |
no significant results |
|
|
|||
|
CVDDH-25-003 |
219.60 |
220.60 |
1.00 |
4.6 |
|
|
|
incl |
219.60 |
220.10 |
0.50 |
8.7 |
|
|
|
CVDDH-25-004 |
216.55 |
217.55 |
1.00 |
1.1 |
|
|
|
CVDDH-25-005 |
166.70 |
167.70 |
1.00 |
1.9 |
|
|
|
and |
191.85 |
192.90 |
1.05 |
2.1 |
|
|
|
CVDDH-25-006 |
195.30 |
196.50 |
1.20 |
1.5 |
|
|
|
CVDDH-25-007 |
193.05 |
196.00 |
2.95 |
3.9 |
|
|
|
incl |
194.45 |
195.00 |
0.55 |
14.3 |
|
|
|
and |
198.55 |
200.00 |
1.45 |
1.4 |
|
|
|
CVDDH-25-008 |
265.80 |
268.30 |
2.50 |
2.1 |
|
|
|
incl |
267.80 |
268.30 |
0.50 |
5.5 |
|
|
|
CVDDH-25-009 |
42.40 |
43.60 |
1.20 |
1.1 |
|
|
|
and |
166.65 |
169.00 |
2.35 |
6.2 |
|
|
|
incl |
167.35 |
168.00 |
0.65 |
5.3 |
|
|
|
incl |
168.00 |
169.00 |
1.00 |
9.2 |
|
|
|
CVDDH-25-010 |
192.80 |
193.90 |
1.10 |
1.9 |
|
|
|
CVDDH-25-011 |
119.75 |
120.90 |
1.15 |
1.1 |
|
|
|
and |
141.00 |
142.10 |
1.10 |
4.1 |
|
|
|
incl |
141.60 |
142.10 |
0.50 |
8.8 |
|
|
|
CVDDH-25-012 |
209.00 |
210.00 |
1.00 |
4.2 |
|
|
|
incl |
209.50 |
210.00 |
0.50 |
8.4 |
|
|
|
and |
212.30 |
213.35 |
1.05 |
5.3 |
|
|
|
incl |
212.85 |
213.35 |
0.50 |
9.3 |
|
|
|
CVDDH-25-013 |
183.70 |
185.70 |
2.00 |
3.4 |
|
|
|
incl |
185.20 |
185.70 |
0.50 |
7.8 |
|
|
|
and |
252.15 |
253.15 |
1.00 |
2.8 |
|
|
|
and |
274.90 |
276.25 |
1.35 |
9.4 |
|
|
|
incl |
274.90 |
275.65 |
0.75 |
16.5 |
|
|
|
CVDDH-25-014 |
no significant results |
|
|
|||
|
CVDDH-25-015 |
136.95 |
138.45 |
1.50 |
2.2 |
|
|
|
and |
177.65 |
178.70 |
1.05 |
4.3 |
|
|
|
incl |
177.65 |
178.15 |
0.50 |
8.1 |
|
|
|
and |
213.45 |
214.95 |
1.50 |
7.7 |
|
|
|
incl |
213.45 |
213.95 |
0.50 |
23 |
|
|
|
and |
269.35 |
270.85 |
1.50 |
6.6 |
|
|
|
incl |
269.35 |
269.85 |
0.50 |
19.8 |
|
|
|
CVDDH-25-016 |
204.85 |
205.85 |
1.00 |
1.1 |
|
|
|
CVDDH-25-017 |
92.45 |
94.45 |
2.00 |
2.5 |
|
|
|
and |
144.75 |
146.55 |
1.80 |
1.5 |
|
|
|
and |
186.10 |
187.60 |
1.50 |
5.7 |
|
|
|
incl |
186.10 |
187.10 |
1.00 |
7 |
|
|
|
CVDDH-25-018 |
136.25 |
137.25 |
1.00 |
10.3 |
|
|
|
incl |
136.25 |
136.75 |
0.50 |
20.5 |
|
|
|
and |
140.90 |
142.40 |
1.50 |
3.2 |
|
|
|
and |
179.65 |
180.65 |
1.00 |
2.1 |
|
|
|
CVDDH-25-019 |
results pending |
|
|
|||
|
Note: Intervals are composited to a 1m minium stope width for |
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A long section of the drill intercepts is presented in Figure 3. The quartz veins form in multiple segments due to their geometry, cross-cutting faults, and late mafic dykes. Underground drilling is ongoing in this area to continue exploring for vein segments down dip from the current mine workings. CDVDDH-25-015 was targeted to test the down plunge extent of what appears to be a south-southeast plunging high-grade ore shoot. The hole intersected three 1.0 to 1.5 m wide quartz veins with high-grade gold values. The widest quartz vein intercept in the hole is 6.6 g/t Au over 1.5 m, including an individual sample of 19.8 g/t Au at a depth of 269.3 m (Plate 1). The true width of this vein is approximately 1.3 m. The extent of the vein segment discovered in this drill hole is currently unknown and will be the target of 2026 infill drilling as the ore shoot is delineated with additional drilling.
The Company intends to continue drilling the
In addition to supporting mining operations at
Soma also continues to work with the local communities across the entire property package as part of its ongoing ESG program.
The Otú fault system ("Otú Fault") extends for over 100 km, from Aris's Segovia-Remedios mines (TSX:ARIS) in the south to Nechi in the north, where it is buried beneath younger sedimentary overlap sequences. Soma's property holdings now cover more than 56 km of this regional structure. High-grade gold mineralization occurs in late-stage brittle-ductile to brittle quartz veins along the entire strike length of the Otú Fault. These quartz veins formed during the latest stages of deformation along the Otú Fault. Across the district, quartz veins typically display orientation patterns that suggest they formed in conjugate faults associated with brittle faulting on the Otú Fault. Notable deposits along this trend include: Segovia-Remedios, La Aurora,
QA/QC Statement
Soma follows a comprehensive QA/QC program to ensure the reliability of assay data collected from its exploration programs. All samples are sawn, or split in half, with one half being returned to the core box for storage. The second half-core is placed in a labelled plastic bag with a tag, document, and sealed for shipment. Batches of samples are shipped to Actlabs Colombia SAS (Actlabs) in
Pulps of each sample are prepared in
A comprehensive QA/QC program has been implemented to monitor the reliability of assay data collected during exploration programs. The program includes the regular insertion of certified blanks, duplicates, and certified OREAS standards. Assays of the QA/QC samples are automatically compared to the certified value and standard deviations in the database.
Qualified Person Statement
Mr.
ABOUT
With a solid commitment to sustainability and community engagement,
The Company also owns an exploration property near Tucuma, Para State,
On behalf of the Board of Directors
"Geoff Hampson"
Chief Executive Officer and Chairman
Neither the
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", "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 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.
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