Goldjknf wrote: ....the rainbow is on Sokoman ground.
Wow what a hole!!!!!
Gold and Lithium!!!! for only 25 cents/share what a steal.
Hey folks the sale in the Sokokam aisle will end as soon as everyone finds out!!!!
GLTA Longs!!!!
That was huge!!!!
SOKOMAN REPORTS THE THICKEST HIGH-GRADE DRILL RESULTS FROM THE LOWER EASTERN TREND TO DATE: MOOSEHEAD GOLD PROJECT, CENTRAL NEWFOUNDLAND
Sokoman Minerals Corp. has released the following assay results from the continuing 100,000-metre phase 6 program at Moosehead, including a 39.6-metre intercept (core length) grading 12.5 grams per tonne (g/t) gold and a higher-grade interval of 10.25 m grading 41.97 g/t Au from the Lower Eastern trend.
The mineralization in MH-22-463, located approximately 100 m below the limits of the modeled Eastern Trend, has a different vein style and geometry from other drill intersections in the vicinity. The intercept is thicker than any other intercept to date and includes the "typical" very high-grade vuggy-type veining with abundant visible gold and 5% - 7% accessory boulangerite and sphalerite, as well as a brecciated style of veining with specks of visible gold with minor boulangerite and sphalerite. This could suggest a changing structural setting within the Lower Eastern Trend.
The Company has re-engaged Ireland-based structural consultant, Dr. David Coller, to review and update existing structural models for the Moosehead mineralization to guide future drilling. Dr. Coller was instrumental in defining the structural concepts used to guide the initial drilling at Moosehead although his involvement has been limited due to Covid restrictions since 2020. Follow-up drilling will start once the structural review is completed.
The remaining holes reported today are largely within the main Eastern Trend, where we are expanding the mineralized shell. Limited drilling on the Western Trend was also carried out with the majority of assays pending.
Tim Froude, President and CEO of Sokoman, says: "The intersections reported today in hole MH-22-463 are significant in many respects and not just in average grade. We appear to be in an area where multiple gold-bearing structures are possibly converging, or we are looking at a new style of veining at Moosehead. We intend to step back and take a detailed look at the environment around hole MH-22-463 to better plan drilling moving forward while we still have significant meterage (~ 27,000 m) remaining. Compilation of the southern property area is going well, and we expect to have a series of holes planned to test our findings within three to four weeks. Drilling will continue at Moosehead with three drills including the barge-based rig. Less than 1,000 assays remain outstanding at the lab and represent parts or all of approximately 15 holes."
The Moosehead Project has five zones of open-ended gold mineralization focused around the Eastern Trend in the central portion of the property with mineralization defined over a 600-m strike length and to over 300 m down dip. The Company is well funded with more than $7 million in the treasury.