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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

Comment by surething1111on Mar 23, 2022 9:16am
126 Views
Post# 34537134

RE:This could end up as big $$$$ for SIC

RE:This could end up as big $$$$ for SICKewl,  not so fast my friend,

At even a 1% LiCo2 grade, this translates into 750 usd. Per tonne rock,  into 10gpt. Gold equiv.  Given the apparent size and scope of this lithium body, I would be more inclined towards drilling it out and at the very least spinning it off into it's own entity. We are of course a mineral company after all.
Perhaps we'd best wait for the drilling assays before getting ahead of ourselves.

Lithium demand will remain strong due to 2 factors:
1) Electric vehicle production is exploding
2) Global lithium deposits remain limited

I absolutely love the Moosehead project, and is the reason I own Sokoman, but this lithium find has the potential to dwarf even that.
Fingers crossed on upcoming assays

Best longs
S
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