Sokoman Minerals is pleased to provide an update on the Moosehead Project. The previously announced Western Trend diamond-drill program is progressing well, with 1,325 m in 19 holes completed. The drilling is testing the area of the recently completed Western Trend Trench which is the future site of the planned conventional bulk sample. Thirteen of the holes intersected visible gold-bearing quartz veins and vein swarms [...]
Sokoman Minerals announces that due to the ongoing Canada Post strike, it has postponed its Annual General Meeting set for Jan 8, 2025. The Meeting will be rescheduled after the Canada Post strike has concluded. Sokoman Minerals is a discovery-oriented company with projects in the province of Newfoundland and Labrador. The Company's primary focus is its portfolio of gold projects: the 100%-owned flagship, advanced-stage [...]
Sokoman Minerals announces a non-brokered private placement of flow-through shares for gross proceeds of up to CAD$1,500,000. The Private Placement is expected to close on or before December 16, 2024. The Private Placement is priced at CAD$0.04 per FT share, with each flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of [...]
Sokoman Minerals 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 [...]
Sokoman Minerals announces that it has filed Management Proxy Materials under its profile on sedarplus.ca for its annual and special general meeting of shareholders. The meeting is currently set to be held on January 8, 2025, in Vancouver, although the actual date is likely to change as a result of the Canadian postal strike. At the Meeting, Sokoman shareholders will be asked to approve a special resolution to reorganize [...]
Sokoman Minerals has submitted an application to the TSX Venture Exchange seeking approval to extend the term of 26,946,423 warrants for 12 months. The warrants were issued pursuant to the Company's Flow-Through Private Placement, which closed in December 2023. On receipt of Exchange approval, 18,942,500 warrants will be extended to November 29, 2025, and 8,003,923 warrants will be extended to December 20, 2025. The [...]
Sokoman Minerals provides the following update on the exploration of the 100%-owned Moosehead Gold Project. The current focus is on the Western Trend conventional bulk sample where trenching has exposed the quartz mineralized zone with 50% of mapping and channel sampling completed. A 150 kg sample, 50 kg of each of the three gold-bearing rock types, has been taken and sent to Base Met Labs in Kamloops, for scoping-level [...]
Sokoman Minerals provides an update on the maiden drilling program at the 100%-owned Fleur de Lys Property located in the mineral-rich Baie Verte Mining District of northwestern Newfoundland. To date, 1,442 metres of NQ-sized diamond core drilling has been completed in 16 holes. No assays have been received from the 465 core samples sent to Eastern Analytical Ltd. in Springdale, Newfoundland. Timothy Froude, P. Geo [...]
Sokoman Minerals is pleased to provide the following updates from the 100%-owned Moosehead Gold Project in central Newfoundland. The current focus at Moosehead is on plans to extract bulk samples. The first sample is a conventional bulk sample on the Western Trend using drill and blast methods. The second bulk sample is with Novamera Inc. at the Footwall Splay in the Eastern Trend, utilizing Novamera's proprietary [...]
Sokoman Minerals is pleased to provide the following update from the 2024 exploration program at the 100%-owned Fleur de Lys Project in Newfoundland. An earlier-than-normal melting of snow cover throughout the northern and central portions of the Baie Verte Peninsula allowed an early start to the prospecting season. Since May 1, 2024, the Company has collected and received assay results for 89 rock samples from Fleur de [...]
Sokoman Minerals is pleased to report that the second round of surveying using Novamera Inc's calibration tool has been completed at the Footwall Splay. In May 2024, Novamera surveyed three drill holes to expand the 3D modeling of the Footwall Splay 20 m to the north of the previous survey and confirm the location of the high-grade gold veins over a ~25 m strike length to 100 m depth. The data will be merged with data [...]
Sokoman Minerals is pleased to report that the Killick Lithium Property, jointly owned by the Company, Benton Resources, and Piedmont Lithium Inc. through Vinland Lithium Inc., will be collaborating in a total of $1.322 million in NSERC grants to conduct research studies on the Killick Lithium Property in southern Newfoundland. The three-year project entitled: "The origin of lithium resources in Southern Newfoundland [...]