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Market: TSX-V
Sector: Gold Mining
Epic: SOH
News: Latest news
Web Site: Soho Resources Corp
Other Articles: 10-05-201021-04-201012-04-2010

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Soho Resources Corp

Soho Resources Corp

Soho Resources is a Canadian-based junior resource company focused on exploring and developing the Tahuehueto gold-silver project in northwestern Durango State, Mexico.

The 9,081-hectare property covers at least 12 mineralized zones hosted within a structurally controlled epithermal system that has been traced for more than 6 km. Exploration programs have confirmed significant gold-silver mineralization with associated base metals at many of these zones.

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Monday, May 10, 2010

Khandaker issues note on Soho Resources

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Khandaker Alpha Advisors has issued an in-depth note on Soho Resources Corp (TSX-V: SOH), saying a favorable outlook for the price of gold, silver and other base metals could yield significant cash flows for this company whose first mine is likely to start production by 2013-2014.

Currently the company is focused on Mexico and holds interests in two projects with principle commodities of gold, silver, lead, zinc, and copper located in Durango State and Sinaloa State in western Mexico. Soho’s property portfolio comprises the advanced Tahuehueto project in Durango State and Jocuixtita in Sinaloa State, with the former at an advanced stage.

Soho’s highly experienced management team is ensuring that the project (Tahuehueto) progresses smoothly, Khandaker said.

It described Soho as an attractive investment prospect for investors keen on benefiting from the uptrend in precious metal prices. “Soho is laying the foundation to release both metallurgical recovery testing results and a Preliminary Economic Assessment report in the near term future and is expected to advance the Tahuehueto project towards final feasibility over the next one to two years. The company could commence production in 2013-2014 approx. with an extensive reserve and resource estimate,” the analyst said.

Due to the high likelihood of Soho adding to its resource base from future exploration there is a high probability that the mining life will be extended well past the time frame used in its current analysis. Furthermore, the company's resource base is likely to increase from exploration and development efforts at the company's newly acquired Jocuixtita project, Khandaker added.

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