Escondida Vein intercepts 4.25 g/t Au over 1.85 m at first drill

Canada NewsWire

VANCOUVER, BC , Aug. 18, 2026 /CNW/ -- Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the " Company " or " Soma ") is pleased to announce the results of the first drill hole and new underground channel sampling at the Escondida Project in Antioquia, Colombia (Figure 1). The ongoing drill program on the Escondida Vein is designed to determine the extent and tenor of gold mineralization beyond the mine's current footprint.

Highlights include the following drill intercept:

EZDDH-26-001: 4.25 g/t Au over 1.85 m, including 12.10 g/t Au over 0.65 m

Underground channel samples from the Escondida Mine include:

CHU600005: 15.40 g/t Au over 1.0 m, including 38.22 g/t Au over 0.40 m

CHU600006: 16.61 g/t Au over 1.0 m, including 36.72 g/t Au over 0.45 m

CHU600008: 19.24 g/t Au over 1.0 m, including 38.26 g/t Au over 0.5 m

EZDDH-26-001 was targeted to intercept the Escondida Vein 25 m northeast of the current mine workings at a depth of 100 m below surface or approximately level 10 (Figure 2). The drill hole intersected a 2.7 m-wide fault zone overprinted by strong clay alteration and a 0.65 m-wide quartz vein hosted in a granodiorite to diorite intrusive body. The quartz vein and associated clay alteration are similar in style to the veins and alteration observed in the mine. The interval has a composite grade of 4.25 g/t Au over 1.85 m, including 12.10 g/t Au over 0.65 m (see Table 1). The alteration package was not mineralized in this drill hole, but underground assays indicate it is variably mineralized elsewhere in the mine.

Table 1: Composited drill hole assay results from the Escondida Project

Chris Buchanan, Soma's Vice-President of Exploration, states, "The first assay results from the Escondida Mine have met our expectations and demonstrated near-mine continuity of the vein. The vein intersecti