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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 and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys project of 1,891 claims on the Baie Verte Peninsula of NW. Grey River property in southern Newfoundland includes 324 claims in seven licenses, centered on the community of Grey River. Kepenkeck gold project, located in central Newfoundland. Killick Lithium Project is in southwestern Newfoundland. Crippleback Lake Gold Project is in proximity to the Trans-Canada Highway in north-central Newfoundland. Startrek Property is located 20 kilometers (km) east of the town of Gander, Newfoundland and Labrador, Canada. Iron Horse project is located over 120 km northeast of Labrador City, Labrador.


TSXV:SIC - Post by User

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Post by birdie22on Apr 22, 2020 8:25am
147 Views
Post# 30937847

Sokoman Minerals to Initiate a Short Follow-Up Drill Program

Sokoman Minerals to Initiate a Short Follow-Up Drill Program

Sokoman Minerals to Initiate a Short Follow-Up Drill Program at Moosehead, Central NewfoundlandSokoman Minerals to Initiate a Short Follow-Up Drill Program at Moosehead, Central Newfoundland

ST. JOHN'S, NL / ACCESSWIRE / April 22, 2020 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the "Company" or "Sokoman") today announced that it has made a strategic decision to follow-up on the recently completed Phase 5 drill program at Moosehead Gold Project with a short program to make use of the currently favourable weather conditions. The program is aimed at testing the northern extension of the lower high-grade shoot, where the Company has encountered some of its highest gold gram-metre results including MH-19-62 (7.2m @ 22.35 g/t Au) and MH-19-81 (6.4 m @17.34 g/t Au). The new holes will test, in 25 m step-outs, the northerly projection of the lower zone at about 200 m vertical depth.

The drill rig, which remained on the property after completion of the Phase 5 program, will be utilized to drill 3 to 4 holes, each to a do wn hole depth of 275-300m (~200m vertical), with a total of 800-1,000m proposed.

Tim Froude, President and CEO of Sokoman, said: "While hundreds of assays remain in the assay lab from the recently completed Phase 5 program, we see an opportunity to drill during the cold snap we are experiencing in Central Newfoundland. Sokoman will be taking additional precautions with respect to Covid-19 and maintaining social distancing during operations as required. The holes will be drilled from the east side of North Pond and should take two weeks to complete unless field conditions become unfavourable."

The Phase 5 program, initiated in February and terminated in late March, consisted of 13 drill holes totaling 3,229 metres. Seven holes were drilled from the ice on North Pond testing the extension of the upper, high-grade, shoots of the Eastern Trend. Visible gold bearing quartz veins and mineralized host rock were intersected on all four sections over core intervals ranging from less than a metre to approximately 9.5 metres (true thickness estimated at 75-90% of core intervals).

Sokoman is in the planning stage for the remainder of 2020 at Moosehead, including ground follow-up on the results of the C-horizon till program, where, although only approximately 50% of the samples have been processed, three sites with 54, 62 and 63 grains of gold have been found, against a background of less than 10 grains. The geological model is also being updated to allow for a better planning of future diamond drill programs.

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