Sokoman Minerals Hits High-Grades At Moosehead Project
Mining investment news, insights and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home News

Sokoman Minerals Hits High-Grades At Moosehead Project

byThe Assay
2 years ago
Reading Time: 3 mins read
Sokoman Minerals Hits High-Grades At Moosehead Project

Demonstrates Continuity Of Eastern Trend Mineralisation In Central Newfoundland

Sokoman Minerals Corp. (TSXV:SIC) has intersected additional high-grade gold with multiple holes reporting visible gold mineralisation in ongoing Phase 6 drilling at the 100% owned Moosehead Property in central Newfoundland.

“Drilling continues to confirm high-grade gold at Moosehead and provide insights into the complex geological controls on the high-grade mineralisation,” President, Tim Froude said.

“Our methodical approach is paying off as we continue to intersect and extend the interpreted high-grade shoots that lie within the larger envelope of gold mineralisation.
“With high-grade gold existing in all known zones within an area at least 700 m in strike, up to 200 m in width, and at least 250 m vertical: the potential to link these zones as well as expand the footprint of the Moosehead system is high.

“Drilling will continue with two rigs and arrival of the barge rig on the property is expected to be two – three weeks.

“The barge is ready and will be mobilised immediately on receipt of the Water Resources permit, which is the only permit outstanding. We will be posting all Phase 6 drill hole summaries on our website as soon as compilation and updating of sections and plans are complete.”

75 Zone

While waiting on assays for South Pond the drill was relocated to the 75 Zone to assess the southern extension of the Eastern Trend.

Borehole MH-19-75 was originally drilled in the fall of 2019 and returned a 5.80 m intersection (core length) grading 6.93 g/t Au starting at 87.50 m downhole, including two visible gold-bearing veins that assayed 30.42 g/t Au over 0.30 m (from 88.95 m), and 32.99 g/t Au over 0.80 m (from 92.50 m).

The initial follow-up programme around MH-19-75 was based on 25 m step outs which the Company has determined to be less than ideal for evaluating these complex shear systems. MH-21-203 returned 13.67 g/t Au over 2.85 m from 98.15 m downhole – a 10 m step out to the south from MH-19-75. MH-21-205 – a 15 m step out from MH-19-75 (and up-dip from MH-21-203) intersected four veins with visible gold, returning 2.88 g/t Au over 4.25 m including 7.89 g/t Au over 1.25 m. Given these results the drill will continue at the 75 Zone.

South Pond

At South Pond, ongoing drilling has defined a steeply-plunging, high-grade core within the moderately to steeply east-northeast dipping mineralized zone. Modelling of the area suggests that South Pond is possibly a splay off the Eastern Trend structure to the east, with many similar characteristics to the original

Footwall Splay at North Pond. This interpretation bodes well for continued exploration between South Pond and Western Trend (approximately 250 m corridor) not only for gold mineralization on the main structures but for repeating splays as well.

Eastern Trend

Drill holes MH-21-193, 198 and 200 all focused on the Lower Eastern Trend between vertical depths of 150 to 200 m and were follow-up to previous drilled holes MH-19-62 (7.20 m @ 22.35 g/t Au and MH-19-81 (6.40 m @ 17.34 g/t Au). The results have confirmed continuity of gold mineralisation in the Lower Eastern Trend and drilling will continue in this area for the foreseeable future.

Previous drilling in the Eastern Trend intersected gold mineralization on structures both above and below the main mineralised envelope. Ongoing close-spaced drilling of the Lower Eastern Trend indicates that there is more regularity and predictability to these intersections. The upcoming barge-based programme will be key to assessing the up-plunge potential and whether these structures prove to be additional high-grade splays and or parallel structures.

For further information please visit: https://sokomanmineralscorp.com/

Tags: ExplorationGoldNewfoundlandTSXV:SIC
TweetShareSend
Previous Post

CANEX Metals Ready For Third Drill Programme At Gold Range Project

Next Post

Benchmark Begins Drilling At Marmot Gold-Silver Target

Related Posts

Adavale Resources Expands Uranium Footprint, SA
News

Adavale Resources Expands Uranium Footprint, SA

byEleanor Laurence - Content Writer, The Assay
27 September, 2023
Odessa Minerals Maps Over 56,000m Strike Length of Pegmatites
News

Odessa Minerals Maps Over 56,000m Strike of Pegmatites

byEleanor Laurence - Content Writer, The Assay
26 September, 2023
Wallbridge Mining Further Expands Mineralization At Martinière
News

Wallbridge Mining Further Expands Mineralization At Martinière

bySarah Vega - Content Writer, The Assay
26 September, 2023
Good as Gold —An Insider’s Perspective on Precious Metals Investment
Opinion

Cape Fear: Gold and the Stability of the Global Financial System

byDr. Torsten Dennin, Professor of Economics and a member of Berlin Institute of Finance, Innovation and Digitization
25 September, 2023
Sky Metals Exercises Option to Purchase Iron Duke Project
News

Sky Metals Exercises Option to Purchase Iron Duke Project

bySarah Vega - Content Writer, The Assay
25 September, 2023
PGMs Uncovered:An In-depth Conversation about Platinum Group Metals
In Discussion

PGMs Uncovered:An In-depth Conversation about Platinum Group Metals

byAmy Rotman, Editor, The Assay
21 September, 2023
Next Post
Benchmark Begins Drilling At Marmot Gold-Silver Target

Benchmark Begins Drilling At Marmot Gold-Silver Target

Popular Articles

  • Mixed Forecasts for 2023 Copper Price Levels

    Mixed Forecasts for 2023 Copper Price Levels

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • Silver: On its Way to Cyclical Highs Through Choppy Waters

    0 shares
    Share 0 Tweet 0
  • US Department of Energy Recognizes Copper as a Critical Mineral for Clean Energy Technologies

    0 shares
    Share 0 Tweet 0
  • OzAurum Resources Acquires Lithium Project, Brazil

    0 shares
    Share 0 Tweet 0
  • The Assay’s Guide to Manganese Mining and Production

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Iron Ore

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2023 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
    • All Articles
    • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Notice
Cookies
Hong Kong Residents Privacy Statement

© 2023 The Assay