Sokoman Minerals Corp V.SIC

Highlights to date

[knoxt]

• The project is 100%-owned and located in north-central Newfoundland, Canada’s newest hot mining spot.
• Excellent infrastructure includes year-round road access via Trans-Canada Highway; one-hour drive to assay lab and drilling companies; abundant internal logging and drill roads; and provincial power sub-station 4 km west of property.
• The project is a high-grade orogenic lode gold with high-grade boulders (>400g/t Au) discovered in 1980’s.
• In 2018, Sokoman discovered a new high-grade zone open in all directions (Eastern Trend) 200 m east of Western Trend. Phase 1 Discovery Hole MH-18-01 (Eastern Trend) returned 11.90 m @ 44.96 g/t Au.
• Subsequent to the first successful drilling program, Sokoman has completed another 4 phases of drilling with outstanding results highlighted below:
• Phase 2:MH-18-39 returned 5.10 m @ 124.20 g/t Au, including 1.10 m @ 550.30 g/t Au
• Phase 3:MH-19-62 cut 4.8 m of 33.59 g/t Au, including 0.90 m of 124.15 g/t Au
• Phase 4:MH-19-81 cut 6.4 m of 17.34 g/t Au, including 1.45 m of 75.50 g/t Au
• Phase 5:MH-20-86 cut 4.70 m of 18.60 g/t Au, including 1.85 m of 46.99 g/t Au (from 271.80 m downhole)
• Phase 5:MH-20-82 cut 9.50 m of 5.70 g/t Au, including 1.70 m @ 29.19 g/t Au (from 206.50 m downhole)
• The ongoing Phase 6 drilling program commenced in Q3 2020 and was originally planned at 10,000 m but, with sufficient financial resources now in place, has been increased to 50,000 m. A portion of Phase 6 will address the potential of the South Pond area which will include merging the winter magnetic survey with the new float samples.

The program has reported great results from several initial holes: In November 2020

• MH-20-115 upper interval cut 4.60 m of 47.20 g/t Au (from 64.00 m downhole)
• MH-20-115 lower interval cut 8.10 m of 68.70 g/t Au (from 111.20 m downhole)
• MH-20-116 upper interval cut 1.80 m of 11.85 g/t Au (from 54.50 m downhole)
• MH-20-116 lower interval cut 4.30 m of 2.94 g/t Au including 7.57 g/t Au over 1.25 m (from 183.80 m downhole)

Recent prospecting at South Pond

• 400 m along strike to the SW of Eastern Trend, has located a cluster of angular quartz float with high-grade grab sample assay results ranging from 0.318 g/t Au to 157.04 g/t Au, as well as enriched silver values up to 36.2 g/t Ag.
• DDH MH-20-123 returned 5.0 m averaging 26.88 g/t Au, including 2.15 m at 60.59 g/t Au from 47.0 m downhole*.

On January 29, 2021 Reported Results at Eastern Trend/Footwall Splay

• MH-20-132 – 4.0 m at 24.92 g/t Au, incl. 1.60 m at 61.68 g/t Au from 70.50 m downhole
• MH-20-127 – 1.30 m at 9.23 g/t Au, incl. 0.50 m @ 22.72 g/t Au from 48.90 m downhole

On February 23, 2021 Reported South Pond Zone hole assay results:

• MH-21-141 – 4.20 m of 64 g/t Au, including 1.20 m at 223.63 g/t Au from 47.90 m downhole.
• Further drilling intersected additional near-surface, high-grade gold mineralization at the Footwall Splay and South Pond Zones, as well as discovered a new, near-surface, mineralized structure at South Pond. Visible gold-bearing quartz veins were intersected in eight recently completed drill holes at the Footwall Splay, including the following three holes.

Footwall Splay and South Pond Results reported April 28, 2021

Footwall Splay

• MH-21-157 – 3.50 m of 12.39 g/t Au, including 1.50 m of 28.57 g/t Au from 36.30 m downhole; MH-21-163 – 11.60 m of 21.07 g/t Au, including 5.10 m of 30.82 g/t Au from 44.0 m downhole; MH-21-166 – 5.10 m of 15.51 g/t Au, including 2.80 m of 27.68 g/t Au from 9.00 m downhole, (MH-21-166 collared in a visible gold-bearing quartz vein)

South Pond

• MH-21-147 – 3.05 m of 16.54 g/t Au, including 0.85 m at 58.91 g/t Au from 72.40 m downhole

Footwall Splay/Eastern Trend, and South Pond Results May 18, 2021

Footwall Splay

• MH-21-165 – 4.10 m of 21.61 g/t Au, including 2.10 m of 41.39 g/t Au from 79.70 m downhole
• MH-21-164 – 4.05 m of 22.62 g/t Au, including 20.95 m of 5.15 g/t Au from 79.95 m downhole

South Pond

• MH-21-152 – 3.00 m of 1.82 g/t Au, including 0.70 m of 3.08 g/t Au from 15.00 m downhole
• MH-21-153 – 3.00 m of 1.61 g/t Au, including 1.60 m of 2.40 g/t Au from 12.00 m downhole 

• The project is 100%-owned and located in north-central Newfoundland, Canada’s newest hot mining spot.
• Excellent infrastructure includes year-round road access via Trans-Canada Highway; one-hour drive to assay lab and drilling companies; abundant internal logging and drill roads; and provincial power sub-station 4 km west of property.
• The project is a high-grade orogenic lode gold with high-grade boulders (>400g/t Au) discovered in 1980’s.
• In 2018, Sokoman discovered a new high-grade zone open in all directions (Eastern Trend) 200 m east of Western Trend. Phase 1 Discovery Hole MH-18-01 (Eastern Trend) returned 11.90 m @ 44.96 g/t Au.
• Subsequent to the first successful drilling program, Sokoman has completed another 4 phases of drilling with outstanding results highlighted below:
• Phase 2:MH-18-39 returned 5.10 m @ 124.20 g/t Au, including 1.10 m @ 550.30 g/t Au
• Phase 3:MH-19-62 cut 4.8 m of 33.59 g/t Au, including 0.90 m of 124.15 g/t Au
• Phase 4:MH-19-81 cut 6.4 m of 17.34 g/t Au, including 1.45 m of 75.50 g/t Au
• Phase 5:MH-20-86 cut 4.70 m of 18.60 g/t Au, including 1.85 m of 46.99 g/t Au (from 271.80 m downhole)
• Phase 5:MH-20-82 cut 9.50 m of 5.70 g/t Au, including 1.70 m @ 29.19 g/t Au (from 206.50 m downhole)
• The ongoing Phase 6 drilling program commenced in Q3 2020 and was originally planned at 10,000 m but, with sufficient financial resources now in place, has been increased to 50,000 m. A portion of Phase 6 will address the potential of the South Pond area which will include merging the winter magnetic survey with the new float samples.

The program has reported great results from several initial holes: In November 2020

• MH-20-115 upper interval cut 4.60 m of 47.20 g/t Au (from 64.00 m downhole)
• MH-20-115 lower interval cut 8.10 m of 68.70 g/t Au (from 111.20 m downhole)
• MH-20-116 upper interval cut 1.80 m of 11.85 g/t Au (from 54.50 m downhole)
• MH-20-116 lower interval cut 4.30 m of 2.94 g/t Au including 7.57 g/t Au over 1.25 m (from 183.80 m downhole)

Recent prospecting at South Pond

• 400 m along strike to the SW of Eastern Trend, has located a cluster of angular quartz float with high-grade grab sample assay results ranging from 0.318 g/t Au to 157.04 g/t Au, as well as enriched silver values up to 36.2 g/t Ag.
• DDH MH-20-123 returned 5.0 m averaging 26.88 g/t Au, including 2.15 m at 60.59 g/t Au from 47.0 m downhole*.

On January 29, 2021 Reported Results at Eastern Trend/Footwall Splay

• MH-20-132 – 4.0 m at 24.92 g/t Au, incl. 1.60 m at 61.68 g/t Au from 70.50 m downhole
• MH-20-127 – 1.30 m at 9.23 g/t Au, incl. 0.50 m @ 22.72 g/t Au from 48.90 m downhole

On February 23, 2021 Reported South Pond Zone hole assay results:

• MH-21-141 – 4.20 m of 64 g/t Au, including 1.20 m at 223.63 g/t Au from 47.90 m downhole.
• Further drilling intersected additional near-surface, high-grade gold mineralization at the Footwall Splay and South Pond Zones, as well as discovered a new, near-surface, mineralized structure at South Pond. Visible gold-bearing quartz veins were intersected in eight recently completed drill holes at the Footwall Splay, including the following three holes.

Footwall Splay and South Pond Results reported April 28, 2021

Footwall Splay

• MH-21-157 – 3.50 m of 12.39 g/t Au, including 1.50 m of 28.57 g/t Au from 36.30 m downhole; MH-21-163 – 11.60 m of 21.07 g/t Au, including 5.10 m of 30.82 g/t Au from 44.0 m downhole; MH-21-166 – 5.10 m of 15.51 g/t Au, including 2.80 m of 27.68 g/t Au from 9.00 m downhole, (MH-21-166 collared in a visible gold-bearing quartz vein)

South Pond

• MH-21-147 – 3.05 m of 16.54 g/t Au, including 0.85 m at 58.91 g/t Au from 72.40 m downhole

Footwall Splay/Eastern Trend, and South Pond Results May 18, 2021

Footwall Splay

• MH-21-165 – 4.10 m of 21.61 g/t Au, including 2.10 m of 41.39 g/t Au from 79.70 m downhole
• MH-21-164 – 4.05 m of 22.62 g/t Au, including 20.95 m of 5.15 g/t Au from 79.95 m downhole

South Pond

• MH-21-152 – 3.00 m of 1.82 g/t Au, including 0.70 m of 3.08 g/t Au from 15.00 m downhole
• MH-21-153 – 3.00 m of 1.61 g/t Au, including 1.60 m of 2.40 g/t Au from 12.00 m downhole  

[guy491]

2 weeks ago  :  The alliance is planning detailed geological mapping and a high-resolution drone survey that will include imagery, lidar and magnetic data sets to assist in the mapping and targeting the dike system for drilling, which will commence shortly.