23:01:45 EDT Mon 08 Jun 2026
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Soma Gold Corp
Symbol SOMA
Shares Issued 118,453,241
Close 2026-06-08 C$ 0.83
Market Cap C$ 98,316,190
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Soma Gold begins mined material shipments to El Bagre

2026-06-08 20:14 ET - News Release

Mr. Geoff Hampson reports

SOMA GOLD ANNOUNCES PRODUCTION AND DELIVERY FROM THE ESCONDIDA MINE IN COLOMBIA

Soma Gold Corp. has commenced shipments of mined material from the Escondida mine to El Bagre gold complex.

The Escondida mine resumed production following completion of the first phase of underground rehabilitation. The second portal also sustained damage during recent flooding, and repair work is continuing. Initial production has commenced at 10 tonnes per day and is expected to increase to 20 tpd in the second half of 2026. Further development work is required to reach the permitted capacity of 40 tpd, which is targeted for first quarter 2027. The mining licence may be increased further pending results of the previously announced drilling program, which is under way on the property. Completion of access road repairs has enabled haul trucks to reach the mine site, with mined material being delivered directly to El Bagre gold complex.

Geoff Hampson, Soma's chief executive officer, stated: "The commencement of deliveries from Escondida, combined with improved grades at the Cordero mine, will bring gold production at El Bagre to the levels we had been anticipating for Q1. Over the coming months, shipment volumes and frequency will increase further, and we expect deliveries from the Aurora mine to commence within weeks. Together, these developments position Soma for a strong second half of 2026. We continue to source feed material from Lemoncito Norte, El Limon, Diamantina, and other formalized and legal mining operations in the region."

About Soma Gold Corp.

Soma Gold is a profitable gold mining company focused on production and exploration in Colombia. The company holds over 430 square kilometres of mineral concessions along the prolific Otu fault in Antioquia, and operates two fully permitted mills located within 25 kilometres of each other, with a combined milling capacity of 675 tpd and permitted expansion capacity of 1,400 tpd. El Bagre mill operates at 450 tpd, and El Limon mill resumed operations in third quarter 2025. The company finances its regional exploration program through internally generated funds.

With a solid commitment to sustainability and community engagement, Soma is dedicated to achieving excellence in all aspects of its operations.

The company also owns an exploration property near Tucuma, Para state, Brazil, that is currently under option to Ero Copper Corp.

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