Sokoman Iron is pleased to announce that it is in the process of applying for work permits on its recently acquired Central Newfoundland Gold Property . The CNGP consists of three separate properties, namely the East Alder, Crippleback Lake, and Princess Lake properties, all straddling the gold enriched Cape Ray/Valentine Lake/Alder Zone structural trend in central and western Newfoundland. This structural zone hosts a [...]
Sokoman Iron is pleased to announce closing of a non-brokered private placement for gross proceeds of $318,000 consisting of 700,000 flow-through units for $35,000 and 5,660,000 non flow-through units for $283,000. Each FT unit will be issued at $0.05 and will consist of one (1) FT common share and one common share purchase warrant, each common share purchase warrant being exercisable at $0.08 cents for five years. FT [...]
Sokoman Iron is pleased to announce it has received gold grain counts from till samples collected from the Crippleback Lake Property on the Cape Ray/Valentine Lake/Alder Zone trend in central Newfoundland. The Crippleback Lake Property was acquired in October 2016, and lies 30 kilometers northeast of Altius Minerals’ Jigger showing (19.8 g/t Au grab sample) and 45 kilometers northeast of Altius Minerals’ Alder Zone which [...]
Sokoman Iron is pleased to announce it has signed a Letter of Intent to acquire, pending TSX-Venture exchange approval, a 100% interest in a 10 claim block (the Unity Resources claims) adjacent to Altius Minerals/Antler Gold’s Alder zone discovery in central Newfoundland. The Alder Zone has returned channel sample results as high as 49.3 g/t Au over 4.6 meters from base metal bearing quartz veins (Altius Minerals news [...]
Sokoman Iron is pleased to announce that it has signed Letters of Intent to acquire two additional properties totaling 50 claims straddling the emerging Cape Ray/Valentine Lake/Alder Zone structural corridor in central and southwestern Newfoundland. Complete terms of the acquisitions will be announced pending TSX.V exchange approval and signing of formal option agreements. Acquisition terms are summarized below;
Sokoman Iron is pleased to announce a non-brokered private placement to raise gross proceeds of up to $500,000, of which up to $225,000 will be offered as flow-through units. Each FT Unit will be issued at $0.05 and will consist of one (1) Flow through Common Share and one Common Share Purchase Warrant, each Common Share Purchase Warrant being exercisable at $0.08 cents for 5 years. Each non flow-through unit will be [...]
Sokoman Iron is pleased to announce that it has completed a Phase 1 reconnaissance prospecting and geochemical surveying on its recently acquired Crippleback Lake Property in central Newfoundland, contiguous with, and lying on the same structure as Altius Minerals recently announced Alder Zone, and Jigger gold discoveries. The property lies approximately 30 kilometers southwest of the town of Grand Falls – Windsor and is [...]
Sokoman Iron is pleased to announce that it has started follow up prospecting and geochemical surveying on its recently acquired Crippleback Lake Property in central Newfoundland, contiguous with, and lying on the same structure as Altius Minerals recently announced Alder Zone, and Jigger gold discovery. The property lies approximately 30 kilometers southwest of the town of Grand Falls – Windsor and is easily accessed by [...]
Sokoman Iron 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 [...]
Sokoman Iron is pleased to provide the following update on recent and proposed exploration activities. The company is pleased to report that it was successful in closing its recent placement and that the offering was fully subscribed. The funds will be used to advance its 100% owned Startrek Antimony (Sb) project in central Newfoundland, 20 kilometers southeast of Gander and 70 road kilometers northeast of the idle [...]
Sokoman Iron is pleased to announce closing of a non-brokered private placement for gross proceeds of $100,000. In connection with the closing of the private placement, the Company has issued 5,000,000 million units at a price of $0.02 per Unit with each Unit consisting of one common share and one full warrant to acquire one additional common share of the Company at $0.05 per share for a period of five years from the date [...]
Sokoman Iron is pleased to announce a private placement of up to 5,000,000 million Units of common shares and warrants for gross proceeds of $100,000. Each Unit consists of one common share at $0.02 per common share and one full warrant to acquire one additional common share of the Company at $0.05 per share for a period of five years from the date of closing. The terms of the private placement are according to the TSX [...]
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