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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

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Post by knoxt on Nov 27, 2024 9:00am

up date

Sokoman Provides Project Update, Moosehead Gold Project, Central Newfoundland
Accesswire - Nov 27, 2024 9:30 AM AST

Channel sample results received / 1,500 m drilling program initiated at the Western Trend.

ST. JOHN'S, NL / ACCESSWIRE / November 27, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to announce that a minimum 1,500 m diamond drill program has begun to test the Western Trend gold zone based on information gained in the trenching program. Drilling will consist of 20 to 30 diamond drill holes testing along strike / down dip of the newly discovered, east-west trending, gold-bearing vein network exposed in the Western Trend trench, a splay off of the main, north-trending vein system similar to the Footwall Splay trend off of the main Eastern Trend. The trenching was initiated as a first step towards a conventional (drill and blast) bulk sample from the Western Trend.

The Company also reports the results for the remaining channel samples from the Western Trend trench and preliminary results for the metallurgical samples from Base Met Labs in Kamloops, B.C., for scoping-level, metallurgical testing of the Western Trend gold mineralization.

Timothy Froude, P.Geo., President and CEO, states, "We are excited about the next few months at Moosehead, as we will not only be receiving the first metallurgical test results for the property, we are also beginning a drilling program based on the results of the trenching program at the Western Trend, the first step towards a bulk sample at Moosehead. All three programs are intertwined since the drilling will influence the bulk sample extraction, and the metallurgical work will strongly influence how and possibly where the sample is processed. The final assay results for channel samples in the Western Trend trench confirm the significance of the newly recognized East-West trend of high-grade mineralization, justifying the 1,500 m drill program. Dr. Coller's recent visit to the property, focused on the Western Trend trench exposure, will help him determine the structural setting at Moosehead and ultimately lead to recommendations for deep drilling at Moosehead."

Western Trend Channel Sample Results

The remaining channel sample results, 21 samples from channels 8 to 15, from the Western Trend trench (see channel sample location map) confirm that an east-west trending, high-grade vein system (the East-West Splay) occurs in the Western Trend. It is highlighted by channel #8, which returned 8.10 m of 7.09 g/t Au, including 3.20 m of 14.29 g/t Au. A total of 41.2 m, representing 57 separate samples, ranging from 0.15 to 1.10 m (with a median length of 0.73 m), returned an average weighted grade of 5.79 g/t Au with all samples analyzed by total pulp metallic assaying at Eastern Analytical Ltd. in Springdale, NL.

Channel Sample Location Map
 
 
 
 

Western Trend Diamond Drilling

Based on observations from the Western Trend trench, a minimum 1,500 m diamond drill program is planned to extend the main vein trend and the newly recognized East-West Splay by up to 200 m along strike and 80 m vertically. To date, four drill holes have been completed with all intersecting visible gold-bearing quartz vein zones. The program is expected to continue to the Christmas Break, on or about December 19, 2024. All analyses are pending.

Bulk Sampling

The proposed 1,000 m3 (approximately 2,700 tonnes) conventional bulk sample from the Western Trend trench area is in the permitting stage. It will await the metallurgical testing results on the 242 kg sample (split between the three types of mineralization) at Base Met Labs in Kamloops, B.C., and the results of the diamond drill program. The Company is in discussion with several groups regarding bulk sample processing. Also, the Company expects a report on progress on the Footwall Splay bulk sample from Novamera Inc. later this quarter, including plans for the next stage of the bulk sample program.

 
 
 
 

Metallurgical Testing

The 242 kg metallurgical sample (split between the three types of mineralization) is being tested at Base Met Labs in Kamloops, B.C. The first stage work involved establishing the head grade for all three samples, with the results summarized below:

  • Quartz veins

 

- 58.8 g/t Au grade

  • Wallrock (sediment)

 

- 0.84 g/t Au grade

  • Wallrock (altered dyke)

 

- 2.46 g/t Au grade

Other studies, including gravity recoveries, leaching, etc., are ongoing and expected before year end.

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Comment by PTBailey on Nov 27, 2024 4:13pm
What does it all mean?
Comment by Stockpicks96 on Nov 27, 2024 7:31pm
It means that through trenching the property, specifically the western trend, they have revealed lots of high grade golf near surface on what appears to be a new trend. They are immediately going to target this new trend with a drilling program and see what kind of results it yields.
Comment by smallcinvestor on Nov 27, 2024 9:19pm
It also  means  that  if on the  surface  exposed  by  trenching, its  close to surface  and  short  holes...  1500  M  = quite a few  holes.  Key  points: Sokoman Minerals Corp.'s minimum 1,500-metre diamond drill program has begun to test the Western trend gold zone based on information gained in the ...more  
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