VANCOUVER, BC, April 10, 2025 /CNW/ - Soma Gold Corp. (TSXV:SOMA.VN) (WKN:A2P4DU) (OTC:SMAGF) (the "Company" or "Soma") is pleased to announce that it has completed the purchase of two additional mining concessions from Grupo de Bullet SAS. These concessions are contiguous to the mining concession acquired by Soma's Colombian subsidiaries on May 10, 2023. The consideration for the acquisition was US$50,000 plus a 2% NSR, which may be reduced to 1% at any time through a US$1 million payment. These concessions follow the OTU Fault, a crustal-scale fault structure that controls quartz veins and gold mineralization in the region. The acquisition of these concessions expands Soma's coverage along the main mineral-bearing structure, which extends from Aris Mining's (TSX:ARIS.TO) Segovia Mine to Mineros' (TSX:MSA.TO) alluvial concessions located 36 km to the north.
Read more at newswire.caSOMA ANNOUNCES ACQUISITION OF ADJACENT MINERAL RIGHTS IN ANTIOQUIA, COLOMBIA, INCREASING PROPERTY PACKAGE TO 41,427 Ha ALONG THE OTU FAULT
Newswire.ca - Press Release
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