DRILLING AT SONORO’S MONROE PROPERTY TO CONTINUE FOLLOWING ONGOING REVIEW


VANCOUVER, Canada, February 4, 2014, Sonoro Metals Corp., (“Sonoro” or the “Company”) (TSXV: SMO), announces that the resumption of drilling at the Company’s Monroe Property located in southeastern British Columbia has been delayed to enable Sonoro’s geological team to finalize an examination of technical data from several exploration holes which had previously been drilled in the vicinity of the project and to compare the earlier data with data from the current hole. The information derived from the regional review will be utilized in the final design of the current hole and for planning additional holes, if warranted.

Drilling at the Monroe Property was temporarily halted in December, 2014, as a result of the drill rods becoming stuck at a depth of 854 meters. While the drill rods were recovered and the hole prepared for continued drilling to a target depth of 1,200 meters, constraints on the part of the driller delayed the resumption of drilling until the New Year, thus enabling Sonoro to conduct the ongoing technical review. Concurrently, negotiations are underway with respect to driller selection for the remainder of the hole.

Prior to the stoppage, drilling had progressed through the first of two specific stratigraphic intervals within the sub-basin, namely the Sullivan Time interval. Upon exiting the gabbro sill where drilling is currently paused, the drill hole should be located stratigraphically above the laterally extensive “Sullivan footwall type” alteration located approximately 600 meters to the west on a property currently held by PJX Resources Inc. The balance of drilling will target the Sullivan Footwall Quartzite interval.

“A 3.6 meter wide zone of extremely intense alteration consisting of albite, sericite and thulite was encountered at a depth of 818 meters and is present as a screen of sediment within a gabbro sill,” said Monroe technical advisor, Gordon Leask, P.Eng. “Such alteration is extremely rare but was also encountered in the adjacent Fors massive sulphide vent complex located approximately 1 km to the west of the current drill hole and is believed to be related.”

The 1,282 hectare Monroe Property is located approximately 20 km south of Cranbrook, British Columbia and 40 km south of the former giant class Sullivan Zinc-Lead-Silver mine. Cominco Ltd. operated the Sullivan mine continuously from 1900 to 2001, yielding 160 million tons of ore grading 6.5% lead, 5.6% zinc and 2 oz/ton silver.

The Monroe Property is situated at the intersection of two major Proterozoic aged crustal structures, specifically the Moyie Fault and the Sullivan Corridor. The property hosts a large volume of Sullivan-type alteration and a gabbro sill-dyke complex fringing a third-order basin, which is developed at the Sullivan Time interval. The depocentre is a 1 km-by-1 km sub-basin which has not been previously evaluated by drilling. The Sullivan deposit is hosted in a similar geologic setting. Past work on the Monroe project dates from the discovery of the adjacent Fors Zinc-Lead-Silver massive sulphide prospect in 1966 by Cominco Ltd. The most recent investigation comprised a major drill campaign in 1997.

The property is held under an option agreement with Eagle Putt Ventures Inc. (“Eagle Putt”) whereby Sonoro can earn a 50% interest through exploration and development expenditures of $2,500,000 over 4 years and pay Eagle Putt $400,000 in staged option payments over that same 4-year period (the “Option”). Following exercise of the Option, the parties anticipate that they will enter into a 50/50 joint venture to further advance the exploration and development of the Monroe Property.

Stephen Kenwood, P. Geo. is a qualified person within the context of National Instrument 43-101 and has read and takes responsibility for this news release.

On behalf of the Board of SONORO METALS CORP.

Per: “Kenneth MacLeod”

KENNETH MACLEOD, President & CEO

Forward-Looking Statement Cautions:
This press release contains certain “forward-looking statements” within the meaning of Canadian securities legislation, including statements regarding the completion of a proposed Offering and the use of the Offering proceeds to further explore the Company’s Cerro Caliche project. Although the Company believes that such statements are reasonable, 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. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the inability of the Company to secure sufficient subscriptions to complete the Offering, the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company’s exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects


THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Gold: $1,467.90 USD/OZ
Silver: $16.93 USD/OZ

Follow Us:

Join For Email Updates:

Join

Subscribe to our Email List