Resumes Phase 6 Drill Programme In Newfoundland
Sokoman Minerals Corp. (TSXV: SIC) has re-started drilling operations 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 mineralisation in the northern portion of the Eastern Trend, proximal to historical hole MH-02-38 that intersected a broad zone of gold mineralization from 76.38 m to 88.22 m, highlighted by a 2.02 m intercept grading 111.96 g/t Au from 83.82 m downhole.
MH-02-38 lies approximately 300 m north of hole MH-20-115 which returned two zones of high-grade gold including 4.60 m @ 47.20 g/t Au, now known as the Footwall Splay, as well as a slightly deeper intersection from the Main Eastern Trend that returned 8.10 m @ 68.25 g/t Au.
President and CEO, Tim Froude, said modelling suggests that the intersection in MH-02-38 could represent a splay off the main Eastern Trend similar to the upper intersection in MH-20-115. The rig will be coring HQ size core (63.5 mm diameter core versus 47.6 mm for NQ core) to maximise capture of free gold in the high-grade vein zones.
Rig 2 is expected to be mobilised in the first week of February and will focus on exploration targets generated by till and magnetic surveys completed in 2020.
“Our goal for the first half of 2021 includes the completion of at least 20,000 m of drilling, of which at least 15,000 m will test the core areas of the Eastern and Western Trends and 3,000 to 5,000 m will be directed towards testing the multitude of targets defined outside of the known zones,” Mr Froude said.
“Key amongst these is the gold in till anomalies to the east of North and South Ponds, Anomalies B and D respectively, in areas with no previous drilling where the glacial history indicates the gold in the tills is derived from undiscovered bedrock mineralization.
“Many assays from holes drilled prior to Christmas are expected in the coming days and will be reported once all have been received. Portions of three holes remain to be logged in detail with sampling of mineralized sections expected to be completed in the next few weeks.
“We have received permits for drilling on the ice of North Pond, to begin once ice conditions allow.”
To date in the Phase 6 drill programme, Sokoman has logged and sampled 22 holes totalling 6,650 m. The Phase 6 drilling has given excellent results including MH-20-115 that returned two discreet, high-grade zones including the newly recognized Footwall Splay of 4.60 m @ 47.20 g/t Au, as well as a slightly deeper intersection in the Main Eastern Trend that returned 8.10 m @ 68.25 g/t Au.
Drilling at South Pond, 240 m south of the Western Trend, returned high-grade results of 5.0 m @ 26.88 g/t Au, including 2.15 m @ 60.59 g/t Au.
The intersection in MH-20-123 is the in-situ source of the high-grade boulder cluster reported in July 2020 that averaged 36 g/t Au, indicating that the system comes to surface.
These intersections, and many other previously reported, are similar in style and grade to the world-class Fosterville Mine in Victoria, Australia, and establish Moosehead as a Fosterville lookalike, fully supported by geological and structural criteria.