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Bullboard - Stock Discussion Forum 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... see more

TSXV:SIC - Post Discussion

Sokoman Minerals Corp > our neighbour ! 46.53 G/T GOLD OVER 5.3 METRES
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Post by knoxt on Feb 14, 2024 10:26am

our neighbour ! 46.53 G/T GOLD OVER 5.3 METRES

CALIBRE'S ORE CONTROL DRILLING INTERSECTS HIGH-GRADE GOLD OUTSIDE OF REPORTED MINERAL RESERVES ADDING ADDITIONAL TONNES AT THE VALENTINE GOLD MINE, CANADA; RESULTS OUTSIDE MINERAL RESERVES INCLUDE 46.53 G/T GOLD OVER 5.3 METRES AND 17.16 G/T GOLD

Calibre Mining Corp. has released ore control reverse circulation (RC) drill results from its Leprechaun open pit (2022 mineral reserves of 15.1 million tonnes grading 1.73 grams per tonne gold containing 840,000 ounces), one of the three open pits in the Valentine gold mine (VGM) in Newfoundland and Labrador, Canada. The Valentine 14-year life-of-mine plan including the Leprechaun, Berry and Marathon open pits hosts mineral reserves (2022) of 51.6 Mt grading 1.62 g/t gold containing 2.7 million oz. At Leprechaun, the company completed 486 ore control RC drill holes totalling 9,168 metres, with the majority of the holes drilled on a nine-metre-by-nine-metre grid spacing. Drilling identified previously unrecognized high-grade gold mineralization outside of mineral reserves, which will lead to additional ore tonnes in the drilled area compared with the 2022 Valentine feasibility study.

Comment by geezer21 on Feb 14, 2024 10:54am
Newfound Gold has also released new high grade intercepts. These deposit are being found strung out along the faulting systems that intersect NE-SW across Newfoundland and that they are high grade close to surface. Sokoman's new 552 zone to the south of the zones already uncovered at Moosehead along the Valentine Lake fault is following the same pattern.