Sokoman Iron Corp. Commences Diamond Drilling at Startrek

Puslinch, Ontario (FSCwire) - Sokoman Iron Corp. TSX-V SIC (the “Company”) is pleased to announce that it has commenced its 2016 Phase 1 diamond drilling program at 100% owned Startrek Antimony (Sb) project in central Newfoundland, 20 kilometers southeast of Gander and 70 road kilometers northeast of the idle Beaver Brook Antimony Mine.  The Beaver Brook Mine is currently under care and maintenance and owned by China’s Hunan Nonferrous Metals Corporation Limited, a subsidiary of China Minmetals Corporation.

The Phase 1, minimum 300 meter program, will focus on the Red Fox Zone, where channel sampling in late 2015 returned 1.45% Sb over 3.25 meters, including 3.10% Sb over 1.25 meters.  Mineralization observed in the trench consists of thin stringers and bands of semi-massive to massive stibnite/pyrite/arsenopyrite ranging from 1 mm to several centimeters in thickness over a 4 meter wide zone at the extreme western end of the trench.  The mineralization is hosted within black, carbonaceous shale.  In addition to the Red Fox Zone, the company plans to test a historical showing named Cliff Hanger where previous workers report grab sampling results of up to 1.25 grams per tonne gold and 3.8% Sb (antimony).

Timothy Froude, P. Geo., Interim CEO states; “The recent run up in the spot price of antimony ($7,000/tonne as of July, 2016) is very positive and the targets that will be tested are robust.  The opportunity to define a significant zone of mineralization at Startrek is quite good.  Our goal of defining a new antimony deposit in central Newfoundland has been given a strong boost by this discovery and we are encouraged by the recent rise in the price of antimony”

The Startrek Project is host to several previously known antimony and gold occurrences the majority of which have never been drill tested. 

This news release has been reviewed and approved by Timothy Froude, P. Geo., a "Qualified Person" under National Instrument 43-101 and Interim CEO for Sokoman Iron Corp.  For further information please contact Timothy Froude at 709-765-1726, or by email at   tfroude@sokomaniron.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties.  Actual results may differ materially.  Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof.  More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.

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