Sokoman Iron is pleased to report that prospecting has uncovered additional mineralized quartz float that has returned up to 1.39 g/t gold (Au) and 89.3 g/t silver (Ag) at East Alder, part of the Company’s Central Newfoundland Gold Project. Significantly, most of the mineralized material is confined to a 100 square metre area in the west central portion of the property (see attached map) where previous sampling has [...]
Metals Creek Resources and Sokoman Iron are pleased to announce that they have signed a LOI with outlining terms whereby Sokoman can earn up to 100% interest in the Clarks Brook Gold Property, located in central Newfoundland, pending TSX Venture exchange approval. Highlights of the property include; Maximum grab samples in boulders to 24.5 g/t gold; maximum in bedrock to 19.24 g/t gold; the property is fully permitted [...]
Sokoman Iron is pleased to provide the following update on continuing exploration activities at the Company’s 100% owned Central Newfoundland Gold Project, located on the Cape Ray/Valentine Lake/Alder Zone structural trend, in Central Newfoundland. The Company has received final assay results for 481 B and C horizon soil samples, 15 rock samples, and gold grain counts for 15 till samples collected over portions of the [...]
Sokoman Iron is pleased to provide the following update on exploration activities on the company’s 100% owned Central Newfoundland Gold Project, as well as recent developments at the Iron Horse Project in Labrador. The Company is pleased to announce that preliminary results from a portion of the winter geochemical program on the CNGP has returned anomalous gold values in soil, as well as anomalous gold grain counts from [...]
Sokoman Iron is pleased to announce that Catherine D. Hume and Colin Bowdidge, Ph.D., will be joining the Board of Directors effective immediately. Cathy Hume has worked in the capital markets arena since 1980, first as a stock broker and later as CEO of CHF Investor Relations specializing in corporate communications, media relations and pitching her client stories to investment professionals throughout Canada. She was a [...]
Sokoman Iron is pleased to announce that it is in the process of applying for work permits on its recently acquired Central Newfoundland Gold Property . The CNGP consists of three separate properties, namely the East Alder, Crippleback Lake, and Princess Lake properties, all straddling the gold enriched Cape Ray/Valentine Lake/Alder Zone structural trend in central and western Newfoundland. This structural zone hosts a [...]
Sokoman Iron is pleased to announce closing of a non-brokered private placement for gross proceeds of $318,000 consisting of 700,000 flow-through units for $35,000 and 5,660,000 non flow-through units for $283,000. Each FT unit will be issued at $0.05 and will consist of one (1) FT common share and one common share purchase warrant, each common share purchase warrant being exercisable at $0.08 cents for five years. FT [...]
Sokoman Iron is pleased to announce it has received gold grain counts from till samples collected from the Crippleback Lake Property on the Cape Ray/Valentine Lake/Alder Zone trend in central Newfoundland. The Crippleback Lake Property was acquired in October 2016, and lies 30 kilometers northeast of Altius Minerals’ Jigger showing (19.8 g/t Au grab sample) and 45 kilometers northeast of Altius Minerals’ Alder Zone which [...]
Sokoman Iron is pleased to announce it has signed a Letter of Intent to acquire, pending TSX-Venture exchange approval, a 100% interest in a 10 claim block (the Unity Resources claims) adjacent to Altius Minerals/Antler Gold’s Alder zone discovery in central Newfoundland. The Alder Zone has returned channel sample results as high as 49.3 g/t Au over 4.6 meters from base metal bearing quartz veins (Altius Minerals news [...]
Sokoman Iron is pleased to announce that it has signed Letters of Intent to acquire two additional properties totaling 50 claims straddling the emerging Cape Ray/Valentine Lake/Alder Zone structural corridor in central and southwestern Newfoundland. Complete terms of the acquisitions will be announced pending TSX.V exchange approval and signing of formal option agreements. Acquisition terms are summarized below;
Sokoman Iron is pleased to announce a non-brokered private placement to raise gross proceeds of up to $500,000, of which up to $225,000 will be offered as flow-through units. Each FT Unit will be issued at $0.05 and will consist of one (1) Flow through Common Share and one Common Share Purchase Warrant, each Common Share Purchase Warrant being exercisable at $0.08 cents for 5 years. Each non flow-through unit will be [...]
Sokoman Iron is pleased to announce that it has completed a Phase 1 reconnaissance prospecting and geochemical surveying on its recently acquired Crippleback Lake Property in central Newfoundland, contiguous with, and lying on the same structure as Altius Minerals recently announced Alder Zone, and Jigger gold discoveries. The property lies approximately 30 kilometers southwest of the town of Grand Falls – Windsor and is [...]
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