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 [...]
Sokoman Minerals is pleased to provide an update on the Alpha IP Resistivity / Chargeability Survey completed at Moosehead earlier this year which has outlined first, second and third-priority anomalies to both the west and east of the main mineralized trends drilled in the central portion of the property. The anomalies will be evaluated with the data merged with earlier geophysical surveys and diamond drill holes to [...]
Sokoman Minerals provides the following update on the Moosehead project, including the re-commencement of the 100,000 m+ Phase 6 diamond drilling program, proposed summer work plans, and an update on the structural model. Tim Froude, President and CEO of Sokoman says: "Several programs were active during a recent pause in drilling including re-examining a large number of earlier holes to garner more structural and [...]
Sokoman Minerals Corp. is pleased to provide an update on the planned exploration of the Fleur de Lys gold project on the Baie Verte Peninsula, in north-central Newfoundland. Company geologists and prospectors recently toured gold systems in Dalradian / Caledonian rocks in Northern Ireland which are equivalent to the Appalachian, Fleur de Lys Supergroup rocks, including mineralization in and around the world-class [...]
Sokoman Minerals provides an update on drill results at the Moosehead Gold Project completed prior to spring break-up. The delay in commencing the current diamond drilling program was to facilitate a review of the structural and vein models at Moosehead and to include input from Dr. David Coller, Ph.D., who has been assisting with the structural interpretation at Moosehead since 2019. Tim Froude, President and CEO of [...]
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