TGI.H-New players area-out just nowTrue Grit to acquire property near Moosehead project 2018-08-08 13:28 ET - News Release Mr. Byron Coulthard reports TRUE GRIT RESOURCES OPTIONS A LARGE PROSPECTIVE PROPERTY CLOSE TO SOKOMAN IRON CORPORATION'S MOOSEHEAD HIGH GRADE GOLD PROJECT IN NEWFOUNDLAND True Grit has optioned a large property package approximately 6.7 southeast of Sokoman Iron Corp.'s flagship Moosehead high-grade gold project in Newfoundland. The property is two kilometres long by two km wide and roughly on trend with the gold-mineralized mesothermal orogenic quartz vein system that is Sokoman's exploration diamond drilling program. Sokoman reports in its July 30, 2018, news release, that its first drill hole (MH-18-01) produced an 11.9-metre intersection (109.0 m to 120.9 m depth) that contains 44.96 grams per tonne gold. True Grit has signed an option to acquire 100 per cent in the property by completing a share issuance and cash payment to the vendor of $15,000 in cash consideration and the issuance of 2.5 million common shares of the company upon exchange approval. About True Grit Resources Ltd. True Grit is engaged in the business of acquiring, exploring and developing highly prospective mineral properties in North America. True Grit's portfolio includes lithium, cobalt and gold. We seek Safe Harbor.