Welcome to our dedicated page for Sokoman Minerals news (Ticker: SICNF), a resource for investors and traders seeking the latest updates and insights on Sokoman Minerals stock.
Sokoman Minerals Corp. (SICNF) is a discovery-focused mineral exploration company advancing high-potential gold and lithium projects in Newfoundland and Labrador. This dedicated news hub provides investors and industry observers with timely updates on exploration progress, strategic partnerships, and corporate developments.
Access official press releases and curated news covering drilling results, joint venture announcements with partners like Benton Resources and Piedmont Lithium, project milestones at flagship assets including Moosehead and Killick Lithium, and financial updates. Our repository ensures transparent tracking of Sokoman's dual focus on Dalradian-type gold systems and critical minerals exploration.
Key updates include technical reports from ongoing exploration programs, strategic financing developments, and analyses of Newfoundland mining district potential. This resource is designed for stakeholders requiring accurate, up-to-date information to monitor Sokoman's position as one of Newfoundland's largest mineral explorers.
Bookmark this page for direct access to primary source materials and expert-curated updates on Sokoman's progress in defining new mineral resources through systematic exploration and collaborative ventures.
Sokoman Minerals (TSXV: SIC / OTCQB: SICNF) announced acquisitions and an option to expand holdings along the Valentine Lake Fault on October 20, 2025. The company agreed to buy 100% of the Keats Property for a one-time cash payment of $50,000, issuance of 2,500,000 common shares and a 1.5% NSR royalty (half of which Sokoman may repurchase for $1,500,000), subject to TSXV approval.
Sokoman also took an option to acquire 100% of the Stony Lake Property by issuing 1,500,000 shares to K9 Gold and 500,000 shares to District Copper and by incurring sufficient exploration expenditures by December 1, 2025 (or making equivalent cash payments) to keep the property in good standing; upon exercise DCC will cancel existing royalties.
Update on financing: underwriters have an option to buy up to an additional 7,950,000 FT Shares (not common shares) at the FT share issue price for additional gross proceeds of $2,106,750, exercisable up to 48 hours before closing.
Sokoman Minerals (OTCQB: SICNF) announced acquisition of mineral licenses expanding its holdings along the Valentine Lake Fault to 65+ km strike and 58,775 hectares, tripling its license area. The consolidation forms the 100% owned Treasure Island Project, positioning Sokoman as the largest landholder along strike of Equinox Gold's newly producing Valentine Gold Mine (initial resource ~4 Moz, first pour Q3 2025). The Moosehead Zone remains the most advanced target with 135,000 m drilled and multiple high-grade intercepts. Consideration: 4.5M shares and $50,000 cash, subject to regulatory approval.
Sokoman Minerals (OTCQB: SICNF) has appointed Wanda Cutler to its Board of Directors. Cutler brings over 25 years of experience in investor relations, capital markets, corporate governance, and strategic advisory in the resource sector. She is the Founder and President of Cutler McCarthy Inc. and has held various leadership positions in companies including Chablis Capital Corp., Route 109 Resources, and Amex Exploration.
Additionally, the company has granted 6,000,000 stock options to directors and consultants, exercisable at $0.14 per share with immediate vesting and a five-year exercise period.
Sokoman Minerals Corp. (OTCQB: SICNF) issued a correction to its earlier press release regarding leadership appointments from September 29, 2025. The company clarified that the exercise price of stock options mentioned in the original release was incorrectly stated as $0.05. The correct exercise price is $0.055 per common share. All other details from the original announcement remain unchanged.
Sokoman Minerals Corp. (OTCQB: SICNF) has announced significant leadership changes effective September 29, 2025. Denis Laviolette has been appointed as Director, Executive Chairman, and CEO, bringing over 20 years of mining and capital markets experience. He is notably the founder of EarthLabs Inc. and former President/CEO of New Found Gold Corp.
Other key appointments include Timothy Froude transitioning to President, Gary Nassif joining as Director, and Greg Matheson becoming VP Exploration. The company has granted a total of 22 million stock options to Laviolette and Matheson, exercisable at $0.05 per share for three years.
Sokoman Minerals Corp. (OTCQB: SICNF) has announced plans to resume diamond drilling at its 100%-owned Moosehead Gold Project in central Newfoundland. The program will begin with deep drilling up to 1,000m depth, focusing on testing the Eastern Trend and Western Trend gold zones for depth extensions.
The company has already completed 135,325m of core drilling in 672 holes, identifying five significant gold mineralization zones. The new program, part of a larger 15,000m 2025 drilling initiative, will start with 2-3 deep holes, including MH-25-673 and MH-25-674, targeting previously untested depths and potential parallel zones. Notable previous results include an intercept of 39.60m at 12.50 g/t Au from the 463 Zone.
Sokoman Minerals Corp. (OTCQB: SICNF) has expanded its land position at Crippleback Lake in Central Newfoundland through two property purchase agreements. The company acquired 105 mineral claims from United Gold Inc. for $20,000 cash and 500,000 common shares, and 74 mineral claims from David Evans for $2,500 cash and 100,000 common shares, subject to a 1% NSR.
The Evans agreement includes an option for Sokoman to purchase half of the NSR for $500,000, and a $15,000 payment if the property is optioned to a third party. With these acquisitions, Sokoman now controls over 13,000 hectares at Crippleback Lake. The company plans immediate exploration activities including IP geophysical surveys, soil and rock sampling, and geological mapping.
Sokoman Minerals (OTCQB: SICNF) has expanded its Crippleback Lake Property to 530 claims (13,250 hectares) in central Newfoundland. The company's Phase 1 drilling program has revealed significant porphyry-style alteration and mineralization, with nine diamond drill holes completed across 1,839 meters.
Key findings include strong argillic alteration in multiple drill holes, with significant intersections including 146 meters of mineralization in CL-24-3 with gold values up to 110 ppb, and copper values reaching 0.44% in some sections. The property shows characteristics consistent with porphyry copper/gold and epithermal gold systems, confirmed by expert analysis from Dr. Stephen Piercey.
The company has initiated its 2025 exploration program, including a Phase 2 IP survey covering 25 line kilometers, additional soil sampling, and prospecting, with further drilling planned for Q4 2025.
Sokoman Minerals (OTCQB: SICNF) has announced significant updates across three key properties in Newfoundland. At Moosehead, the company has indefinitely postponed bulk sampling due to processing challenges, but plans to implement a new drilling program including three 1,000m deep holes. At Crippleback Lake, exploration revealed promising copper mineralization with samples showing up to 5.4% copper, and Phase 1 drilling suggests potential for a porphyry copper-gold or epithermal gold system. The property has been expanded to cover 300 claims along a 22-km prospective fault line.
At Fleur de Lys, the company plans to explore unprospected anomalies in the southern portion, following up on discoveries including boulder samples with values up to 9.04 g/t Au in the Golden Bull area. The company has engaged experts and plans additional surveys, trenching, and drilling across all properties.