Sokoman Minerals is pleased to report metallic pulp gold assay results from winter drilling at the 552 Zone, as well as assays from a section of the Footwall Splay. These drill holes were targeted as a possible bulk sample location, linked to the recently signed Memorandum of Understanding with Novamera Inc. The MOU is focused on modeling the near-surface portion of the Footwall Splay Zone for a possible bulk sample using [...]
Sokoman Minerals is pleased to report that structural consultant Dr. David Coller is on-site at the Moosehead gold property to update the structural model and to help plan for deeper drilling later this year. The Phase 6 program is winding down for spring breakup with assay results for 12 holes remaining outstanding and expected in two to three weeks. Drilling will resume once all assays have been received, compiled, and [...]
Sokoman Minerals is pleased to report that pending TSX Venture approval it has agreed, pursuant to a Letter of Intent with Australian-based, private company Campden Hill Holdings, to provide Campden Hill with an option to purchase the Iron Horse property from Sokoman Minerals Corp. Campden Hill is controlled by an investment group with experience in mineral exploration and investment in multiple jurisdictions globally [...]
Sokoman Minerals Corp. is pleased to report total pulp metallics assay results from the first three holes completed as part of the current drilling program at the 552 Zone. A total of 1825 m has been completed in the current program to date and visible gold has been intersected in five of the holes. Approximately 300 m of drilling remains in the current program including 150 m proposed in three holes in the upper portion [...]
Sokoman MineralsCorp. is pleased to report that two of the first three holes of the winter drill program at the 552 Zone have intersected quartz veins with visible gold. All three holes, drilled on the same section from the same setup, encountered the 552 structure, with the deepest hole, MH-24-580 cutting a 2.0 m zone that included two 0.30 m to 0.50 m intervals, with up to 30 specks of fine visible gold. All assays are [...]
Sokoman Minerals is pleased to report that the winter diamond-drilling program has begun, with a focus on extending the recently discovered 552 Zone, 400 m to the east of the main Eastern Trend. The 2,500-metre program will test a 150-metre strike length of the zone to a depth of approximately 125 metres, and will take six to eight weeks to complete. Drilling to date on the 552 Zone has defined a two- to five-metre wide [...]
Sokoman Minerals announces that it received final regulatory approval and has closed both its flow-through and non-flow-through private placement financings issuing 53,892,847 flow-through units and 3,200,000 non-flow-through units at CAD$0.065 each for aggregate gross proceeds of CAD$3,711,035. Details of the Financings set out in the Company's Dec 19, 2023 news release remain unchanged. All securities issued pursuant to [...]
Sokoman Minerals is pleased to provide an update on the ongoing exploration at its flagship Moosehead Gold Project. The highlight is the drilling results at the recently discovered 552 Zone, located 400 m to the east of the Eastern Trend, in the central portion of the property. Since receiving the stream crossing permit on November 28, an additional six holes have been completed with five intersecting the zone and the [...]
Sokoman Minerals announces that, further to its Nov 29, 2023 and December 6, 2023 news releases, it has filed documents with the TSXV seeking final approval to close their private placement financing. The Financing consists of 53,892,847 $0.065 flow-through units and 3,200,000 $0.065 non flow-through units for aggregate gross proceeds of $3,711,035. Each FT Unit consists of one flow-through common share of the Company [...]
Sokoman Minerals announces that further to its November 29, 2023, news release, due to overwhelming demand the Company is increasing its flow-through private placement financing by CAD$483,525 to total aggregate gross proceeds of CAD$3,483,525. The FT Financing consists of CAD$0.065 units , each FT Unit consisting of one flow-through common share of the Company entitling the holder to receive the tax benefits applicable [...]
Sokoman Minerals announces that, further to its Nov 21, 2023 news release, it has received conditional approval from the TSXV for its flow-through private placement, for aggregate gross proceeds of up to CAD$3 million. The Company has now closed the first tranche of the Private Placement and will issue 37,885,000 flow-through share units at a price of CAD$0.065 for aggregate gross proceeds of CAD$2,462,525. Each FT Unit [...]
Sokoman Minerals announces a non-brokered private placement of flow-through units for gross proceeds of up to CAD$3,000,000. The Private Placement is expected to close on or before Nov 30, 2023. The Private Placement is priced at $0.065 per FT Unit, each FT Unit consisting of one flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with [...]
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