Ongoing Drilling Programme Underway At Moosehead
Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) has a wide range of exploration activities underway at its 100%-owned projects as well as Joint Venture Projects with Benton Resources Inc. (TSXV: BEX) in Newfoundland.
Highlights:
- Moosehead: close to 20,000m completed with two drill rigs; third drill rig expected in two to three weeks for the barge-based programme; testing Footwall Splay/ Eastern Trend, South Pond and the new 75 Zone.
- Fleur de Lys: ongoing till sampling programme; multiple samples submitted for gold grain and heavy mineral analysis with initial results expected in two to three weeks.
- Grey River JV: sampling in the vicinity of the historical 225 g/t Au sample site resulted in the identification of visible gold in a portion of the mineralized zone; samples submitted for assays; high-resolution airborne geophysical survey to begin shortly.
- Golden Hope JV: initial reconnaissance mission completed; rock samples, stream sediment and C-horizon till samples submitted for assays; in the process of completing high-resolution airborne geophysical survey.
- Kepenkeck JV: completed a high-resolution airborne geophysical survey; a prospecting programme has begun; a detailed soil sampling program to commence shortly; first assay results from sampling deemed very encouraging.
Moosehead Project
A Phase 6 drilling programme is ongoing at Moosehead with two rigs. While there has been a delay in getting a third drill rig on-site due to the current shortage of the drill crew. The third rig will now be designated for the barge-based program which is awaiting final approval from the Department of Environment. The company is looking at adding a fourth drill rig as soon as possible and will keep investors posted on the progress made in that regard.
Once the third rig is on site, Sokoman plans to be alternating the initial two drills in order to test regional targets that could easily lead to other discoveries in addition to extending currently known zones.
Multiple strong intersections have been reported from this phase including:
MH-21-115 (Footwall Splay – Eastern Trend) – 4.60 m @ 47.20 g/t Au; and 8.10 m @ 68.25 g/t Au
MH-21-163 (Footwall Splay – Eastern Trend) – 18.90 m @ 13.09 g/t Au
MH-21-141 (South Pond Zone 1) – 4.20 m @ 64.00 g/t Au
MH-21-123 (South Pond Zone 1) – 5.00 m @ 26.87 g/t Au
The barge program,e could entail as much as 5,000 to 10,000m, depending on success and depths, to target the Footwall Splay and as much of the Eastern Trend that can be accessed.
Drilling will continue at the South Pond target as well as on the nearby 75 Zone, which is an open-ended mineralized block lying 100m northeast of the South Pond target, approximately halfway to the Eastern Trend, and which delivered MH-19-75 (5.80 m of 6.93 g/t Au, including a VG bearing vein grading 32.99 g/t Au over 0.80 m) and remains open. The 75 Zone drilling will help determine whether it is linked to any known zone or is a new splay. Currently a four-to-six-hole programme is focused on this area. Once completed, the drill will be assigned to test some of the high-priority geochemical and geophysical targets elsewhere on the property while awaiting assays.
Fleur de Lys Project
The property-scale till sampling programme is approximately 40% complete with 357 samples submitted for gold grain and heavy mineral analysis at Overburden Drilling Management (ODM) in Ottawa. The sample collection is being supervised by ODM utilising contract crews. Prospecting has been ongoing concurrent with the till sampling, and approximately 40 rock samples have been submitted for assay, many with disseminated pyrite and chalcopyrite, minerals linked to several gold-enriched deposits in the UK, including the six-million-ounce Curraghinalt deposit in Northern Ireland, with which the Fleur de Lys project shares many characteristics.
Grey River Sokoman/ Benton JV Project
Airborne geophysical surveying totalling 1,099 line-kilometres is about to begin at the 324-claim (8,100 hectares – 81 sq km) Grey River JV in southern Newfoundland and will consist of a Heliborne High-Resolution Magnetic and Matrix Digital VLF-EM Survey flown by Terraquest Ltd. The results of the survey will help define structural targets that may be associated with the gold mineralization at Grey River. The property is targeting high-grade gold mineralization similar to that currently being mined at Pogo, Alaska with published reserves of 6.9 million ounces at 9.4 g/t Au, as well as other styles of gold mineralisation including shear zone and intrusion-related gold.
For further information please visit: https://sokomanmineralscorp.com/
