Sokoman Minerals announces that, due to high demand, the Company is increasing the maximum amount for the flow-through private placement announced on December 8, 2022 from $3,000,000 to $4,142,752 On receipt of TSX Venture Exchange approval, the Company will issue 14,795,544 flow-through shares units at a price of $0.28 for gross proceeds of $4,142,752. Each FT Unit consists of one common share of the Company and one half [...]
Sokoman Minerals is pleased to provide the final results for all 1,260 C-Horizon tills taken on the Fleur de Lys project on the Baie Verte Peninsula, in north-central Newfoundland. The results confirm the potential of the Fleur de Lys Supergroup to host significant gold mineralization similar to deposits at advanced stages of development in both Northern Ireland and Scotland in the Dalradian Supergroup. The Fleur de Lys [...]
Sokoman Minerals Corp. is pleased to provide an update on the structural analysis of hole MH-22-463 as well as an update on diamond drilling in the immediate area. MH-22-463 intersected a 39.60 m intercept of 12.50 g/t Au including a higher-grade interval of 10.25 m grading 41.97 g/t Au from what is now termed the "463 Zone". MH-22-505 was collared on the western shore of North Pond to provide the proper angle to test the [...]
Sokoman Minerals Corp. today announced the non-brokered private placement of flow-through units for gross proceeds of up to $3,000,000. The Private Placement is expected to close on or before December 28, 2022. The Private Placement is priced at $0.28 per FT Unit. Each FT Unit consists of one common share of the Company and one-half of one common share purchase warrant , each full Warrant being exercisable for one [...]
Sokoman Minerals Corp. and Benton Resources Inc. together, are pleased to announce that recent channel sampling at the cesium dyke prospect has confirmed a potentially significant high-grade cesium discovery dubbed the Hydra Zone, on the Golden Hope Project in southwestern Newfoundland. Results from saw-cut channel samples ranging from 0.4 m to 0.7 m long, and two bulk grab samples, confirm that the outcropping pegmatite [...]
Sokoman Minerals Corp. is pleased to report the following assay results from the ongoing 100,000 m Phase 6 program at Moosehead, as well as update on exploration in the vicinity of MH-22-463 which returned a 39.6 m intercept grading 12.50 g/t Au, including a higher-grade interval of 10.25 m grading 41.97 g/t Au from the Lower Eastern Trend. The mineralized zone in MH-22-463 is located approximately 100 m below the [...]
Sokoman Minerals and Benton Resources together, are pleased to announce the discovery of a high-grade cesium-rich dyke with grab samples assaying up to 1.56% Cs2O, 0.4% Li2O, 0.022% Ta2O5, and 0.30% Rb2O. This is the first high-grade cesium mineralization recorded on the Island of Newfoundland. The cesium-rich dyke is approximately 5 m - 6 m wide and has been traced for approximately 100 m along strike to where it [...]
Sokoman Minerals Corp. is pleased to report the following assay results from the ongoing 100,000 m Phase 6 program at Moosehead, including a 39.6 m intercept grading 12.50 g/t Au and a higher-grade interval of 10.25 m grading 41.97 g/t Au from the Lower Eastern Trend. The mineralization in MH-22-463, located approximately 100 m below the limits of the modeled Eastern Trend, has a different vein style and geometry from [...]
Sokoman Minerals and Benton Resources together, are pleased to update shareholders on the drilling progress at both the Kraken Lithium and Grey River Gold projects in southwest Newfoundland. Early in 2022, the Alliance completed the first-ever drill campaign for lithium on the Island of Newfoundland at the Kraken Lithium discovery on the Golden Hope JV Project. Six diamond drill holes tested the original Kraken [...]
Sokoman Minerals Corp. is pleased to report additional high-grade assays from the Moosehead Gold Project and the recognition of a potential new gold zone adjacent to the lower portion of the main Eastern Trend. Drill hole MH-22-418 has intersected the deepest drill intersection with visible gold on the property to date, below the mineralization in the Eastern Trend. In addition, hole MH-22-422, drilled from the barge as [...]
Sokoman Minerals Corp. and Benton Resources Inc. and, together today announced that the Alliance has initiated drilling on the Grey River Gold Project, located in southern Newfoundland. In addition, the Alliance has nearly completed the camp construction at the Kraken Lithium discovery, located in southwest Newfoundland near the village of Burgeo, and the drill rig is on-site ready to start drilling. At the Grey River [...]
Sokoman Minerals is pleased to report additional high-grade assays from the Moosehead Project including multiple holes from the expanding 75 Zone which has now been essentially linked with the main Eastern Trend/Footwall Splay mineralization. In addition, MH-22-418, completed this week has intersected the deepest occurrence of visible gold to date on the property at a downhole depth of 352 m in a step-out below the [...]
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