St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that it has received assay results for five of seven holes completed to date in the Eastern Trend, part of the Phase 2 drilling on the Moosehead Project, Central Newfoundland, and that diamond drilling is continuing with two drill rigs. Approximately 5,000 metres in 19 holes have been completed property wide thus far in Phase 2. Program highlights [...]
St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that the first of two diamond drill rigs have been mobilized to the Moosehead Gold Project and will begin core drilling immediately. The proposed program will consist of up to 10,000 metres of NQ-sized core utilizing two diamond drill rigs operating 24 hours a day with two shifts per rig. At least 50% of the proposed meterage will focus on the Eastern [...]
St. John's, Newfoundland and Labrador-- - Sokoman Iron Corp. is pleased to announce that it has awarded the Moosehead Project Phase 2 diamond drilling contract to Springdale Forest Resources of Springdale, NL, and that site preparations will begin immediately. The proposed program will consist of up to 10,000 metres of NQ-sized core utilizing two diamond drill rigs operating 24 hours a day with two shifts per rig. At [...]
St. John's, Newfoundland and Labrador-- - Sokoman Iron Corp. today announced that Mr. John Ryan has resigned as CFO and Director of the Company to pursue other opportunities, effective immediately. Mr. Ryan will stay on as a consultant to ensure the year-end audit is completed on time. The Company extends its thanks to John and wishes him well in the future. Sokoman is pleased to welcome Mr. Eric Myung as its new CFO. The [...]
St. John €™s, Newfoundland - Sokoman Iron Corp. is pleased to announce that it has received assay results from the remaining 12 holes completed at the Moosehead Project in Central Newfoundland, with holes MH-18-07 and MH-18-08 intersecting near surface, high-grade visible gold veins highlighted by MH-18-08 intersecting two vein zones assaying 1.05 m @ 207.51 g/t Au from 8.50 m downhole, and 2.28 m @ 42.36 g/t [...]
Puslinch, Ontario - Sokoman Iron Corp. is pleased to announce that the TSX Venture Exchange has accepted for filing documents to close the previously announced non-brokered private placement for total proceeds of $3,001,500 consisting of 20,010,000 units at a price of $0.15 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price [...]
Puslinch, Ontario - Sokoman Iron Corp. is pleased to announce that the first hole completed in its Phase I, program, MH-18-01, encountered a 1.35 metre quartz vein that contained a minimum of 50 specks of visible gold ranging from less than a millimetre to 2 millimetres in diameter. This new vein was encountered at a down hole depth of 115.25 m approximately 80 metres up-hole from the intended target of the drill hole [...]
Sokoman Iron is pleased to announce that the Phase II drilling program at Clarks Brook has been completed and that core logging and sampling has commenced. The three hole, 594 metre program, was designed to test for additional zones of mineralization along strike and parallel to the mineralization intersected in the first program (completed in October 2017), and to determine whether additional funds should be directed [...]
Sokoman Irontoday announced that it has commenced Phase II drilling on the Clarks Brook Gold Property, located in central Newfoundland. The road accessible Clarks Brook prospect was staked by Metals Creek Resources Corporation (MEK) in late 2016 and subsequently optioned by Sokoman in late 2017. The Clarks Brook prospect consists of a number of large (up to 1-2 m square) angular boulders from which previous operators had [...]
Sokoman Iron is pleased to provide shareholders with an exploration outlook for the first half of 2018 on its portfolio of gold projects in Central Newfoundland. The Clarks Brook Project will be the subject of a Phase 2 reconnaissance diamond drilling program, expected to start in 2 to 3 weeks. The program will focus on the coincidental magnetic and IP targets that host the known mineralization on the property, and where [...]
Sokoman Iron is pleased to announce that, following TSXV approval, it closed the previously announced non-brokered Flow-Through private placement for gross proceeds of $174,960 consisting of 2,916,000 flow-through units at a price of $0.06 per unit. The purchaser is Pavilion Flow-Through L.P.. Each flow-through unit under the Placement consists of one flow-through common share and one half warrant. Each full warrant will [...]
Sokoman Iron is pleased to announce that it has filed documents with the TSX Venture Exchange seeking approval for a non-brokered Flow-Through private placement for gross proceeds of $174,960 consisting of 2,916,000 flow-through units at a price of $0.06 per unit. The purchaser is Pavilion Flow-Through L.P. (2017). Each flow-through unit under the Placement consists of one flow-through common share and one half warrant [...]
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