New Visible-Gold-Bearing Boulders Discovered with Values up to 14 g/t Au
ST. JOHN’S, Newfoundland, July 06, 2021--(BUSINESS WIRE)--Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (the "Company" or "Sokoman") is pleased to announce that ongoing Phase 6 drilling at the 100%-owned Moosehead Property in central Newfoundland has intersected additional high-grade gold mineralization at both the Eastern Trend and South Pond Zones. In addition, prospecting in an area 300 m to the east of North Pond, an area with minimal drilling, has located visible-gold-bearing quartz float returning 9.2 and 14.3 g/t Au from total pulp metallics assays with additional assays pending.
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Moosehead Plan Map Phase 6 as of 29 Jun 2021 (Graphic: Business Wire)
Tim Froude, President and CEO of Sokoman, says: "We are extremely pleased with the results from the early stages of this summer exploration program at Moosehead. The discovery of a new high-grade boulder train at the limits of our drilling suggests that other mineralized zones are likely to be found at Moosehead. Our experience to-date with boulders is that they are generally close to the source, given the average thickness of overburden. Drilling will continue and we are expecting the barge to arrive on the property in four-five weeks, permits are pending. Our drill results at the Lower Eastern Trend demonstrate good continuity and grade, and our most recent success in MH-21-191 at 165 m vertical is a great beginning as we infill the down-dip portion of the Eastern Trend. At South Pond, we have extended the near-surface, high-grade mineralization and are working our way to the north towards the Western Trend where this 250 m corridor has had minimal drilling, and we look forward to connecting these zones. Field work has also begun on all three JV projects with Benton Resources, and updates on all of them will be provided in the coming weeks."