Soho Resources Corp.

Published : June 05th, 2007

Several Corporate Events

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Keywords :   Diamond | G Mexico | Gold | Mexico | Silver |

June 04, 2007

Soho Reports Several Corporate Events

 

Concession Titles Received
Soho Resources Corp. ("Soho" or the "Company") is pleased to report that it has received official government title documents formally registering all of the additional concessions acquired by staking last year in and around the Tahuehueto Project. These concessions were staked to cover possible strike extensions to known mineralized structures as well as to cover large areas of surface alteration and possible surface expressions of district structures, as identified by the Company within the Tahuehueto District. With the formal registration of these concessions, Sacramento De La Plata S.A. de C.V. ("Sacramento"), Soho's 99.4% majority owned Mexican subsidiary, controls 9,081 hectares of prospective ground within the Tahuehueto district.

Surface Rights Agreement Completed
The Company is also pleased to report that Sacramento has recently formalized a Surface Rights Agreement with Comunidad La Bufa, the local community residents' formal legal entity. The Surface Rights Agreement has a term of ten years and is extendable for an additional five years. The agreement covers the core 2,062 original hectares of the project and allows Sacramento unrestricted access to explore, develop and mine metals within the area covered under the agreement. Sacramento will make annual payments to Comunidad La Bufa over the term of the agreement, at $20,000 USD in the first year with subsequent payments increasing from the previous year's payment by 5% annually. In addition, upon commencement of commercial production the annual payment will be increased by 50% of the previous year's payment.

Project update and summary
Soho Resources is currently conducting a core drilling program under the direction of Hall Stewart, P.Geo. to define resources at five priority zones at the Tahuehueto project in Durango State, Mexico. Exploration programs to date at the 9,081 hectare project have confirmed the presence of at least 12 mineralized zones within a structurally controlled epithermal system traced for more than six kilometres.
Two Diamond drill coring rigs, contracted from Major Drilling S.A. de C.V. are operating 24 hrs per day, 7 days per week on the project. Major Drilling has completed approximately 15,000 meters of an 18,000 meter resource definition drill program on behalf of the Company. The Company currently has delivered samples from 18 holes in the lab for the analysis with five more in transit.

The Tahuehueto project is situated within the Sierra Madre mountain range just north of the historic Topia silver mining district, which hosts a number of producing gold, silver and base metal mines, and many active exploration and development projects.

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 

 

Click Here to view the Soho Corporate Profile

CORPORATE CONTACT

Soho Resources Corp.

Ralph Shearing: 604-684-8071

Email: info@sohoresources.ca

Toll Free: 1 800-685-0576

Web: www.sohoresources.ca

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Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Soho Resources Corp.

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CODE : SOH.V
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Soho Res. is a zinc and lead exploration company based in Canada.

Soho Res. holds various exploration projects in Mexico.

Its main exploration properties are JOCUIXTITA and TAHUEHUETO in Mexico.

Soho Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.2 millions as of today (US$ 3.0 millions, € 2.2 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 1.04, and its lowest recent point on January 11, 2013 at CA$ 0.01.

Soho Res. has 213 093 000 shares outstanding.

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In the News and Medias of Soho Resources Corp.
7/2/2008Objective Capital report
Financings of Soho Resources Corp.
1/23/2012Non-Brokered Private Placement
8/11/2010Closes First Tranche of Convertible Debenture Unit Private P...
2/11/2009has closed its non-brokered private placement
12/19/2008 Announces Negotiation of $1,000,000 Private Placement
Option Grants of Soho Resources Corp.
4/19/2008Grants Incentive Stock options
Project news of Soho Resources Corp.
7/18/2011Objective Capital Updates Research Report on Soho Resources ...
5/25/2011(Jocuixtita)Reports First Assay Results From Jocuixtita Project
2/24/2011(Tahuehueto)Begins Pre-Feasibility Work for Tahuehueto Project
2/17/2011(Jocuixtita)Begins Exploration Work on Jocuixtita Silver Project in Sina...
3/8/2010(Tahuehueto)Engages Snowden Mining Industry Consuktants Inc.
11/12/2009(Tahuehueto)New Government Infrastructure Improves Mine Feasibility
10/5/2009(Tahuehueto)Soho Management Meets with Durango State Governor
8/13/2009(Tahuehueto)Drill Results Shown on Corebox.net
6/30/2009(Tahuehueto)Technical Report for its Tahuehueto Project in Durango
9/3/2008(Tahuehueto)Reports New Drill Results From Several Zones at Tahuehueto
6/19/2008(Tahuehueto)NI 43-101 Technical Report Filed on SEDARCc: ir@sohoresource...
5/9/2008(Tahuehueto)More Positive Drill Results From Several Zones At Tahuehueto
4/30/2008(Tahuehueto) Reports Initial Resource Estimate for TahuehuetoCc: ir@soho...
3/31/2008(Tahuehueto)Exploration Update
3/1/2008(Tahuehueto)Updates Program and Reports More Positive Drill Results
6/28/2007Announces Drilling Results From the Cinco De Mayo Zone and T...
5/7/2007Announces high grade results over potentially open pit minea...
Corporate news of Soho Resources Corp.
10/12/2011Retains Maxim Group
6/2/2011Progress Update in Interview with Korelin Economics Report
5/18/2011Shares Commence Trading on the U.S. OTCQX
4/27/2011Project Update
7/14/2010Announces Convertible Debenture Unit Private Placement
3/10/2010Minesite.com reports on Soho Resources Corp
2/11/2010The Melman Report on Soho Resources Corp.
12/18/2009Season's Greetings
7/17/2009has entered into two option agreements to explore and acquir...
6/4/20092009 World Resource Investment Conference
2/2/2008 Adopts Shareholder Rights Plan
2/1/2008 Exploration Update
12/12/2007 President's Letter to Shareholders
12/3/2007Reports More Positive Drill Results From Tahuehueto
10/18/2007announces results of Annual General Meeting
9/27/2007Reports Additional Results and Names New Zone at Tahuehueto ...
9/5/2007President's Letter to Shareholders
8/29/2007 Engages Genoa Management Limited and John Walter Communicat...
8/15/2007is pleased to report additional drill results from Tahuehuet...
6/5/2007Several Corporate Events
5/31/2007Reports Management Resignation
5/25/2007Increases Ownership in Tahuehueto Project
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