40% increase from last year
Soma Gold Corp. is pleased to announce 2023 AuEq production of 32,340 ounces at its el Bagre Gold Complex. The Company achieved 96.5% of the 2023 forecasted production of 33,500 AuEq ounces, a 40% increase over the previous year's production. The deviation from anticipated production levels was due to two unscheduled and temporary suspensions during the year. The first, a two-week suspension in March 2023, was a result of labor unrest in the region. The second, in Q4, was due to a maintenance issue with the primary ball mill at the el Bagre Gold Complex. Following a routine inspection, excessive wear was identified, prompting a temporary repair. When operations resumed, the mill was run at a slightly reduced rate. The shutdown also caused a tempora...