Company Overview

Soma Gold Corp. is a publicly traded precious metals company focused on gold exploration, development, and production, operating primarily in the gold mining industry. The company’s core activities center on the acquisition, exploration, and operation of gold properties, with revenue primarily generated through gold production and sales. Soma Gold is listed on the TSX Venture Exchange and trades in the U.S. on the OTC Markets under the ticker SMAGF.

The company’s principal asset is the El Bagre Gold District in Colombia, which includes operating mines and a centralized processing facility. Soma Gold’s strategy emphasizes near-term production, district-scale resource expansion, and operational efficiencies through consolidated infrastructure. The company evolved from an exploration-focused junior miner into a small-scale producer following the acquisition and development of producing assets in Colombia, positioning itself as a regional operator with growth optionality through exploration.

Business Operations

Soma Gold’s operations are organized around its Colombian gold assets, with mining, processing, and exploration activities conducted through its local subsidiaries, including Operadora Minera S.A.S. Revenue is generated primarily from the sale of gold produced at its operating mines, processed through the company’s centralized milling infrastructure.

The company’s key operational assets include the Cordero Mine and the El Bagre Mill, which processes ore from Soma-owned mines and, at times, third-party material. Operations are supported by conventional underground mining methods, gravity and flotation processing technologies, and an established regional workforce. Soma Gold’s activities are almost entirely international, with no material operating assets in Canada beyond corporate administration.

Strategic Position & Investments

Strategically, Soma Gold focuses on increasing gold production while expanding resources across its extensive land package in the El Bagre Gold District. Growth initiatives include underground development, production optimization, and systematic exploration aimed at extending mine life and identifying new deposits within trucking distance of existing infrastructure.

The company has historically pursued growth through asset acquisitions and consolidation of mining titles in Colombia, prioritizing projects with existing permits and infrastructure. Soma Gold continues to invest in exploration drilling, mill upgrades, and operational improvements, while maintaining exposure to emerging opportunities in regional gold districts. Data inconclusive based on available public sources regarding material joint ventures or equity investments outside its core Colombian assets.

Geographic Footprint

Soma Gold’s operational footprint is concentrated in Colombia, where it holds mining titles, operates producing mines, and employs the majority of its workforce. The company’s headquarters and corporate functions are based in Canada, providing access to North American capital markets and regulatory oversight.

Within Colombia, Soma Gold maintains a strong presence in the Antioquia Department, an established mining region with historical gold production. The company does not report material operations in other continents, but its international influence is reflected through foreign direct investment, local employment, and long-term mineral development in Colombia.

Leadership & Governance

Soma Gold is led by an experienced management team with backgrounds in mining operations, finance, and Latin American resource development. Leadership emphasizes operational discipline, responsible mining practices, and incremental growth through production and exploration rather than large-scale speculative development.

Key executives include:

• Geoffrey Hampson – President & Chief Executive Officer
• Tim Cook – Chief Financial Officer
• Chris Buchanan – Chief Operating Officer

The company is governed by a board of directors responsible for strategic oversight, risk management, and compliance with public market regulations. Leadership philosophy centers on building sustainable cash flow, maintaining community relationships, and leveraging regional expertise to grow value within established mining districts.