Sokoman Minerals Corp. is pleased to announce the appointment of Daniel Lee to the position of Vice President Exploration. His career spans over 30 years focused on base and precious metals projects in Newfoundland and Labrador beginning with Noranda in the late 1980's, working on VMS properties in central NL, notably the delineation of the Duck Pond Deposit. After joining Archean Resources in 1996, Dan was a key member [...]
Sokoman Minerals Corp. is pleased to announce that, further to its March 19, 2021 and March 30, 2021 news releases, it has received approval from the TSX Venture Exchange to close its non-brokered $0.26 Unit private placement financing for gross proceeds of $5,519,646. The participants of the Financing are strategic, long-term investors including Eric Sprott and Robert Moriarty. The Company will now issue 21,229,408 units [...]
Sokoman Minerals Corp. today announces that it is partially restructuring its non-brokered private placement of units for gross proceeds of $6,500,000 announced on March 19, 2021. Eric Sprott, the Company's largest shareholder to date, proposed to subscribe for $5,000,000 worth of units, which, together with his previous investments into Sokoman, would have taken his position above 20% of the Company's stock ownership [...]
Sokoman Minerals Corp. today announces that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of units for gross proceeds of $6,500,000 with a lead order of $5,000,000 from Eric Sprott. The Company expects to file documents for approval with the TSX Venture Exchange next week. Subject to receipt of all regulatory approvals, Sokoman intends to issue units at a price of [...]
Sokoman Minerals Corp. is pleased to announce that it has acquired, through staking and option agreements, a total of 1,891 claims , the Fleur de Lys Project, on the Baie Verte Peninsula of northwestern Newfoundland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210304005295/en/ Fleur de Lys Project Fleur de Lys Project Highlights: Geological equivalent to the [...]
This press release replaces the press release disseminated February 23, 2021 at 7:30:00 AM ET. The press release contained incorrect information in the figure titled, "MOOSEHEAD PROJECT CurrentDrilling - Plan Map". The corrected press release is below: 4.2 m of 64 g/t Au, including 1.2 m of 223.63 g/t Au at South Pond. Sokoman Minerals Corp. is pleased to announce that ongoing Phase 6 drilling program at the 100%-owned [...]
Sokoman Minerals Corp. is pleased to announce that ongoing Phase 6 drilling program at the 100%-owned Moosehead Property has intersected near-surface , high-grade gold mineralization in step-out drilling at South Pond, where recent high-grade intersections including 5.0 m of 26.87 g/t Au from MH-20-123 were reported. Diamond drill hole MH-21-141, drilled as a step-out 15 m to the north of MH-20-123, returned the following [...]
Sokoman Minerals Corp. is pleased to announce that a second diamond drill rig is mobilizing to the Moosehead Gold Project and will immediately begin testing high-priority targets that lie outside the known mineralized zones. Drill pads are currently being prepared to facilitate these holes. The first area to be tested is located approximately 200 m east of the main Eastern Trend and is situated within Till Anomaly B . The [...]
Sokoman Minerals Corp. is pleased to announce that ongoing Phase 6 drilling at the 100%-owned Moosehead Property continues to intersect near-surface, high-grade gold mineralization at the recently recognized Footwall Splay that adjoins the Eastern Trend Main Zone. Diamond drill holes MH-20-132 and MH-20-127, drilled prior to the Christmas break, have both returned high-grade gold values. Metallic assay results from [...]
Sokoman Minerals Corp. is pleased to announce that drilling operations have re-started with the first of two rigs at the high-grade Moosehead Gold Project in central Newfoundland. Initially the focus will be on further defining and expanding on areas of high-grade gold mineralization in the northern portion of the Eastern Trend, proximal to historical hole MH-02-38 that intersected a broad zone of gold mineralization from [...]
Sokoman Minerals Corp. is pleased to provide an update on its ongoing Phase 6 drill program at Moosehead Gold Project, in Central Newfoundland. Phase 6, which started in September 2020 and was paused for a Christmas break, will re-start with one drill rig on or around January 15, 2021, adding the second drill rig in the first week of February. Highlights of the revised program include: A second drill to be added Doubling [...]
Sokoman Minerals Corp. today announces that it has received approval from the TSX Venture Exchange to close its non-brokered private placement of flow-through shares announced on December 2, 2020. The Company will issue 15,000,000 flow-through shares at a price of $0.20 per flow-through share for aggregate gross proceeds of $3,000,000. The flow-through shares will entitle the holder to receive the tax benefits applicable [...]