St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that it now owns a 100% interest in the Moosehead Gold Property, subject to a 2% NSR, having spent a required minimum of $500,000 in exploration expenditures as operator within the first year as per its option agreement with Altius Resources Inc. Under the terms of an agreement announced on November 9, 2017 and approved by TSX Venture Exchange on March [...]
St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that it has received all outstanding assay results for drill holes completed during the Phase 2 diamond drill program on the high-grade Moosehead Gold Project in north-central Newfoundland. The results are mainly from the Western Trend and historical targets up to 1 kilometre to the north and south of the Western Trend. The results also include assays [...]
St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that James F. Adams, Ph.D., CFA has joined the Board of Directors. Based in New York, Dr. Adams has over twenty-five years of financial industry experience at J.P. Morgan serving corporate, public and not-for-profit clients across regions and businesses. In his most recent role as Managing Director in Markets & Investor Services, he led Asset Owner [...]
St. John's, New Foundland-- - Sokoman Iron Corp. is pleased to announce that the TSX Venture Exchange has accepted for filing documents to close a flow-through, non-brokered private placement for total proceeds of $1,175,000 consisting of 5,875,000 Flow-Through Units at a price of $0.20 per FT Unit. Each FT Unit consists of one flow-through common share and one-half of a common share purchase warrant. Each full warrant is [...]
St. John's, Newfoundland and Labrador-- - Sokoman Iron Corp. is pleased to announce that it has received additional assay results for diamond drill holes completed on the high-grade Moosehead Project in north-central Newfoundland. The recently received results include outstanding samples from previously announced holes, as well as results representing selected intervals from holes in the Eastern Trend . Drilling [...]
St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that it has received assay results for five of seven holes completed to date in the Eastern Trend, part of the Phase 2 drilling on the Moosehead Project, Central Newfoundland, and that diamond drilling is continuing with two drill rigs. Approximately 5,000 metres in 19 holes have been completed property wide thus far in Phase 2. Program highlights [...]
St. John's, Newfoundland-- - Sokoman Iron Corp. is pleased to announce that the first of two diamond drill rigs have been mobilized to the Moosehead Gold Project and will begin core drilling immediately. The proposed program will consist of up to 10,000 metres of NQ-sized core utilizing two diamond drill rigs operating 24 hours a day with two shifts per rig. At least 50% of the proposed meterage will focus on the Eastern [...]
St. John's, Newfoundland and Labrador-- - Sokoman Iron Corp. is pleased to announce that it has awarded the Moosehead Project Phase 2 diamond drilling contract to Springdale Forest Resources of Springdale, NL, and that site preparations will begin immediately. The proposed program will consist of up to 10,000 metres of NQ-sized core utilizing two diamond drill rigs operating 24 hours a day with two shifts per rig. At [...]
St. John's, Newfoundland and Labrador-- - Sokoman Iron Corp. today announced that Mr. John Ryan has resigned as CFO and Director of the Company to pursue other opportunities, effective immediately. Mr. Ryan will stay on as a consultant to ensure the year-end audit is completed on time. The Company extends its thanks to John and wishes him well in the future. Sokoman is pleased to welcome Mr. Eric Myung as its new CFO. The [...]
St. John €™s, Newfoundland - Sokoman Iron Corp. is pleased to announce that it has received assay results from the remaining 12 holes completed at the Moosehead Project in Central Newfoundland, with holes MH-18-07 and MH-18-08 intersecting near surface, high-grade visible gold veins highlighted by MH-18-08 intersecting two vein zones assaying 1.05 m @ 207.51 g/t Au from 8.50 m downhole, and 2.28 m @ 42.36 g/t [...]
Puslinch, Ontario - Sokoman Iron Corp. is pleased to announce that the TSX Venture Exchange has accepted for filing documents to close the previously announced non-brokered private placement for total proceeds of $3,001,500 consisting of 20,010,000 units at a price of $0.15 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into one common share at a price [...]
Puslinch, Ontario - Sokoman Iron Corp. is pleased to announce that the first hole completed in its Phase I, program, MH-18-01, encountered a 1.35 metre quartz vein that contained a minimum of 50 specks of visible gold ranging from less than a millimetre to 2 millimetres in diameter. This new vein was encountered at a down hole depth of 115.25 m approximately 80 metres up-hole from the intended target of the drill hole [...]