This press release replaces the press release disseminated February 23, 2021 at 7:30:00 AM ET. The press release contained incorrect information in the figure titled, "MOOSEHEAD PROJECT CurrentDrilling - Plan Map". The corrected press release is below: 4.2 m of 64 g/t Au, including 1.2 m of 223.63 g/t Au at South Pond. Sokoman Minerals Corp. is pleased to announce that ongoing Phase 6 drilling program at the 100%-owned [...]
Sokoman Minerals Corp. is pleased to announce that ongoing Phase 6 drilling program at the 100%-owned Moosehead Property has intersected near-surface , high-grade gold mineralization in step-out drilling at South Pond, where recent high-grade intersections including 5.0 m of 26.87 g/t Au from MH-20-123 were reported. Diamond drill hole MH-21-141, drilled as a step-out 15 m to the north of MH-20-123, returned the following [...]
Sokoman Minerals Corp. is pleased to announce that a second diamond drill rig is mobilizing to the Moosehead Gold Project and will immediately begin testing high-priority targets that lie outside the known mineralized zones. Drill pads are currently being prepared to facilitate these holes. The first area to be tested is located approximately 200 m east of the main Eastern Trend and is situated within Till Anomaly B . The [...]
Sokoman Minerals Corp. is pleased to announce that ongoing Phase 6 drilling at the 100%-owned Moosehead Property continues to intersect near-surface, high-grade gold mineralization at the recently recognized Footwall Splay that adjoins the Eastern Trend Main Zone. Diamond drill holes MH-20-132 and MH-20-127, drilled prior to the Christmas break, have both returned high-grade gold values. Metallic assay results from [...]
Sokoman Minerals Corp. is pleased to announce that drilling operations have re-started with the first of two rigs at the high-grade Moosehead Gold Project in central Newfoundland. Initially the focus will be on further defining and expanding on areas of high-grade gold mineralization in the northern portion of the Eastern Trend, proximal to historical hole MH-02-38 that intersected a broad zone of gold mineralization from [...]
Sokoman Minerals Corp. is pleased to provide an update on its ongoing Phase 6 drill program at Moosehead Gold Project, in Central Newfoundland. Phase 6, which started in September 2020 and was paused for a Christmas break, will re-start with one drill rig on or around January 15, 2021, adding the second drill rig in the first week of February. Highlights of the revised program include: A second drill to be added Doubling [...]
Sokoman Minerals Corp. today announces that it has received approval from the TSX Venture Exchange to close its non-brokered private placement of flow-through shares announced on December 2, 2020. The Company will issue 15,000,000 flow-through shares at a price of $0.20 per flow-through share for aggregate gross proceeds of $3,000,000. The flow-through shares will entitle the holder to receive the tax benefits applicable [...]
Sokoman Minerals Corp. today announces that it has filed documents with the TSX Venture Exchange seeking final approval for its non-brokered private placement of flow-through units announced on December 2, 2020. On receipt of all regulatory approvals, the Company will issue 15,000,000 flow-through units at a price of $0.20 per flow-through unit, each consisting of 1 flow-through common share of the Company for aggregate [...]
Sokoman Minerals Corp. today announces that, due to high demand, the Company is increasing the maximum amount for the non-brokered private placement announced on December 2, 2020 to $3,000,000, subject to all regulatory approvals. The terms of the Placement remain the same with the closing expected on or around December 11, 2020. Tim Froude, Sokoman's President & CEO, commented: "Our priority has been to accommodate [...]
Sokoman Minerals Corp. today announces that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares. The Private Placement is expected to be filed with the Exchange on or around December 11, 2020. Sokoman intends to issue flow-through shares at a price of $0.20 per flow-through share for gross proceeds of up to $2,000,000. The flow-through shares will [...]
Sokoman Minerals today announces a stock option grant to officers, directors, employees and consultants of the Company, subject to TSX Venture Exchange approval, for up to a total of 3,000,000 common shares of the Company. These stock options are exercisable for five years at an exercise price of Cdn $0.22 which represents a 30% premium to a current share price. Sokoman Minerals Corp. is a discovery-oriented company with [...]
Sokoman Minerals Corp. is pleased to announce that ongoing drilling at the Moosehead Project has returned high-grade gold in a near-surface, newly recognized splay off of the main Eastern Trend. Drill holes MH-20-115 and MH-20-116 were collared to the south of discovery hole MH-18-01, as part of the Company's 10,000-metre Phase 6 program. Rush assay results from MH-20-115 returned two intersections* as follows: upper [...]