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Sokoman Minerals Corp. V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The company's primary focus is its portfolio of gold projects along the Central Newfoundland Gold Belt, and the district scale Fleur de Lys project in northwestern Newfoundland. The company also recently entered into a Strategic Alliance with Benton Resources Inc. through three, large-scale joint-venture properties in Newfoundland


TSXV:SIC - Post by User

Post by knoxton Jan 19, 2021 12:21pm
131 Views
Post# 32326850

Update news

Update news
Sokoman Minerals Restarts Moosehead Project Drilling Following Christmas Break

 

19 Jan 202112:18 ET  

 

12:18 PM EST, 01/19/2021 (MT Newswires) -- Sokoman Minerals (SIC.V) edged up after the company on Tuesday said it restarted its exploration-drilling program at the Moosehead gold project in Newfoundland following a Christmas break.

The company said the first of the program's two rigs has begun drilling, focusing on defining a high-grade deposit on the property. A second rig is expected to arrive next month and will focus on targets identified in 2020 geophysical surveys and sampling.

"Our goal for the first half of 2021 includes the completion of at least 20,000 m of drilling, of which at least 15,000 m will test the core areas of the Eastern and Western Trends and 3,000 to 5,000 m will be directed towards testing the multitude of targets defined outside of the known zones," chief executive Tim Froude said in a release.

Sokoman shares were last seen up C$0.007 to C$0.237 on the TSX Venture Exchange.

Price: 0.24, Change: +0.01, Percent Change: +3.26


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