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 [...]
Sokoman Minerals Corp. and Benton Resources Inc. together, are pleased to announce that the Alliance has received the "Explorer of the Year" award at the annual CIM Mineral Resources Review in Newfoundland. The award was presented by the Newfoundland and Labrador branch of the Canadian Institute of Mining, Metallurgy and Petroleum. The award is presented to a prospector, exploration team, or company that has made a recent [...]
Sokoman Minerals Corp. is pleased to provide an update on the ongoing drilling program at the 100%-owned Moosehead project. Diamond drilling has identified a new mineralized structure 200 m to the east of the Eastern Trend, the furthest east of any mineralization located to date. Dubbed the 552 Zone, after the first hole that cut it, it has an apparent east-west strike, making it close to perpendicular to the Eastern [...]
Sokoman Minerals is pleased to announce that ongoing exploration at Fleur de Lys has outlined an area of very angular, visible gold-bearing float dubbed the Golden Bull Prospect, measuring 300 m in length and as yet unknown width, with numerous pieces of banded quartz weighing up to several tonnes. The Golden Bull Prospect is located in the northern portion of the property, four km to the west of the mining town of Baie [...]
Sokoman MineralsCorp. is pleased to provide the following update on the ongoing drilling program at the 100%-owned Moosehead gold project. Diamond drilling in the 463 Zone and adjoining footwall environment has intersected gold mineralization which helps to determine the plunge of the favourable structure hosting the 463 Zone and other proximal parallel mineralized zones in the footwall under the main Eastern Trend. The [...]
Sokoman Minerals is pleased to announce that a two-day scouting trip to Fleur de Lys has located the highest-grade rock sample values since staking the property in 2020. Grab sampling in an area that gave values up to 3.2 g/t Au in 1987 has not only verified the original showing but returned substantially higher grades, including the highest-grade value located by Sokoman - 13.96 g/t Au, from a 1- to 2-metre-wide shear [...]