GUADALUPE, MEXICO, Dec 13, 2011 (MARKETWIRE via COMTEX) — Sonora Resources Corp. (“Sonora” or the “Company”), a mineral exploration and development Company focused on the acquisition of international silver and gold mining properties, is pleased to advise that recent activities in Mexico have resulted in the completion of a preliminary NI 43-101 report regarding the Los Amoles project in the State of Sonora.
The National Instrument (NI) 43-101 report was prepared by Derrick Strickland, P. Geo a consulting geologist and qualified person under the terms of NI 43-101. The primary purpose of the Technical Report was to summarize the historical exploration activities on the 2,464.74 hectare Los Amoles property located approximately 150 kilometers northeast of Hermosillo, Mexico.
In the report, the author notes that there are several regional operating open pit, bulk tonnage mines in production including: La Herradura (owned by Penoles & Newmont); Piedras Verdes (Frontera Copper); Mulatos (Alamos Gold); El Chanate (AuRico Gold); Santa Elena (SilverCrest Mines); San Francisco (Timmins Gold); La Caridad (Grupo Mexico); Cananea (Grupo Mexico); Milpillas (Penoles); Cerro Colorado (Goldgroup); and Alamo Dorado (Pan American Silver). All of these mines and their surrounding areas have histories of prior mining and exploration of often high grade vein systems such as those sought at Los Amoles.*
The report concludes that the historic regional fieldwork has confirmed the presence of multiple quartz veins, breccias and quartz stockwork altered volcaniclastic sequence. The known and sought after mineralization’s consists of a network of gold and silver bearing epithermal veins. The primary target consists of a 1,100-metre wide zone that contains at least 20 historic workings within the Mina Rosales area. The geophysical results will be used for direct or indirect recognition of silver-gold bearing veins and/or identification of geological and structural features which could present a favorable setting.
Based on the grade and tonnage of other low sulphidation epithermal deposits worldwide, it is clear that these types of deposits have good economic potential, and therefore this area which has potential to host such deposits, requires further exploration. Deposit examples of this low sulphidation type elsewhere in the world include the Comstock Lode in Nevada, as well as other Mexican deposits such as Tayoltita and Guanajuato. Of the 41 similar deposits studied by Mosier et al. (1992), sizes ranged between 65,000 tonnes and 9.1 million tonnes with gold grades ranging from 2.0 to 27.0 g/t Au therefore illustrating the potential for these deposits. Low sulphidation deposits occur in the region at Santa Elena (Sonora state) a 6.5 million tonnes @ 1.6 g/t gold and 57 g/t silver and at Palmarejo (Chihuahua) a 9.8 million tonnes @ 2.4 g/t gold & 198 g/t silver.*
This report is based on information and samples collected by the writer during a site visit performed August 27 to August 28, 2011 and includes information gleaned from reports produced during two investigations in 2010 which encompassed sampling and mapping by Minera Alta Vista S.A. de C.V. As a result, the author recommends an extensive exploration program including semi-detailed mapping and geochemical surface sampling focusing on known areas of mineralization be undertaken. The existing old pits, adits and trenches on the Property should be identified, systematically re-sampled and remediated where possible and a work plan has been identified and recommended.
Additional details regarding the Company, its business and agreements are filed as part of the Company’s continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database.
*Cautionary statement: Investors are cautioned that the potential quantity indicated above, which the author has been unable to verify is not necessarily indicative of the mineralization on the property that is the subject of the technical report, nor does it comply with the current NI 43-101 standard. It has been provided only for illustrative purposes. At this time, there is insufficient public information to verify the information.
About Sonora Resources Corp. The Company is focused on the acquisition and exploration of international silver and gold mining properties located in regions that enjoy stable politics, sound economies and friendly business environments. Additional information about the Company may be found at www.sonoraresources.com .
Notice Regarding Forward-Looking Statements Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include: that the company believes that geographic scope of mining concessions makes for encouraging gold and silver potential for the project; that the property is interpreted to be within a porphyry system; and that Mexico is stable and business friendly. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data; we may not locate or agree to terms with potential partners, we may not be able to acquire equipment or labor as needed; we may not be able to raise sufficient funds to complete our intended exploration or carry on operations; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Nearby mineral resources is no indication of resources on our property. In addition, Mexico may undergo political or social change which would create additional geopolitical risks. Readers should refer to the risk disclosures outlined in the periodic reports filed by other junior mineral exploration companies with the Securities and Exchange Commission.
For additional information contact:
Investor Relations
Oceanview IR Services, Inc.
Tel. 1-877-513-7873 (SURE)
Email: [email protected]www.sonoraresources.com
