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Pirate Gold Corp. (OTCQB: SICNF), formerly Sokoman Minerals Corp., issues frequent news updates as it advances its gold exploration strategy in Newfoundland. Company releases focus on its position along the Valentine Lake Fault Zone and on the progression of its 100% owned, district-scale Treasure Island Gold Project, anchored by the advanced Moosehead Zone.
News items cover drilling programs, including the launch of a 50,000 metre diamond drilling campaign at Treasure Island and detailed visual observations from drill holes testing the Moosehead Eastern and Western trends and regional geophysical targets. These updates describe structural zones, quartz veining, sulphide mineralization, and visible gold, while emphasizing that assay results are pending laboratory analysis and that visible gold alone does not guarantee high grades.
Other announcements highlight claim acquisitions and project consolidation that expand the company’s mineral licence holdings along the Valentine Lake Fault Zone, as well as agreements to acquire additional licences and associated royalty terms. Corporate news also includes leadership changes, board appointments, and the transition from the Sokoman Minerals name to Pirate Gold Corp. with the new TSXV ticker YARR.
Investors following SICNF news can also track the company’s communication initiatives, such as the Pirate Gold Treasure Hunters video series, which provides behind-the-scenes footage from site visits, drilling campaigns, and the evolving district-scale exploration model. For those monitoring early-stage gold exploration in Newfoundland, the Pirate Gold news feed offers ongoing context on technical programs, corporate developments, and the company’s efforts to build a district-scale gold project at Treasure Island.
Sokoman Minerals Corp. (TSXV: SIC) has doubled its Phase 6 drill program to 100,000 meters at the Moosehead Project in Newfoundland. Initial drill results from North Pond show promising gold intersections, including 4.95 m of 27.70 g/t Au and 4.20 m of 14.72 g/t Au. The drilling, highlighting high-grade gold-bearing veins, suggests significant growth potential in mineralized corridors. CEO Tim Froude expressed satisfaction with the progress, emphasizing continued drilling until winter conditions set in. The company controls over 150,000 hectares across key projects in Newfoundland.
Sokoman Minerals Corp. and Benton Resources Inc. report significant findings from the Kraken pegmatite field at the Golden Hope Joint Venture Project in Newfoundland. Grab samples yield lithium values up to 1.93% Li2O, with 11 samples above 0.5% and six exceeding 1%. The dyke swarm now extends over 2200 metres, indicating substantial mineralization potential. A recent LiDAR survey has been completed over 8.4 km2 to enhance exploration efforts. The companies express optimism about transitioning to a Phase 1 drilling program to further develop this discovery.
Sokoman Minerals Corp. and Benton Resources Inc. announced the expansion of the Kraken Pegmatite Swarm, now measuring 2.2 km long by 0.85 km wide, indicating a significant lithium discovery in Newfoundland. The prospecting identified fine-grained spodumene in multiple areas, with some samples grading up to 2.37% Li2O. Upcoming geological mapping and a drone survey aim to enhance exploration efforts. The companies aim to commence drilling soon, following positive assay results expected in the coming weeks.
Sokoman Minerals Corp. (OTCQB:SICNF) has completed Phase 1 of the C-Horizon till sampling program at the Fleur de Lys Gold Project, collecting 823 samples. Preliminary results indicate multiple gold anomalies, with 109 samples showing at least 20 gold grains, suggesting nearby sources. The highest counts recorded were 111 and 116 grains, with a significant proportion being pristine. A follow-up program will commence immediately, while over 60 rock samples are pending assays. The company anticipates further exploration until late fall, enhancing the potential for gold resources in Newfoundland.
Sokoman Minerals Corp. announced a stock option grant subject to TSX Venture Exchange approval for up to 4,450,000 common shares. Each option is exercisable for CAD$0.44, which is 20% above the previous closing share price. The company's projects include advanced-stage Moosehead and others in Newfoundland and Labrador, covering over 150,000 hectares. They have entered a strategic alliance with Benton Resources Inc. for joint properties. The company received financial support from the Newfoundland and Labrador government for the Moosehead Project.
Sokoman Minerals Corp. (TSXV: SIC, OTCQB: SICNF) has announced high-grade gold intersections at the Moosehead Property in Newfoundland, particularly in the 75 Zone and Eastern Trend. Recent drill results include highlights such as 30.59 g/t Au over 2.75 m from the 75 Zone. Ongoing drilling aims to connect the 75 Zone with the Eastern Trend, with plans for approximately 19,000 meters to be drilled this year. The exploration is supported by a new structure, the 253 Zone, found 300 m east of North Pond. Four drills are currently operational at the site.
Sokoman Minerals Corp. (TSXV: SIC, OTCQB: SICNF) and Benton Resources Inc. have reported high-grade gold assays from the Grey River Joint Venture in Newfoundland, with visible gold found up to 134.46 g/t Au. Sampling focused on a 500 m by 300 m area near Gulch Cove, where historical values reached 225 g/t Au. New drilling permits have been received, aiming for an October start. Recent geophysical surveys will refine drilling targets, as the project targets vein-hosted gold similar to the Pogo Mine in Alaska, which has produced over 4 million ounces of gold.
Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) has received a Water Resources Permit from the Government of Newfoundland and Labrador to commence barge-based drilling at its 100%-owned Moosehead Gold Project. The drilling will focus on high-priority targets within the Upper Eastern Trend and Footwall Splay, estimating 5,000 m to 10,000 m of drilling. The project is strategically located near other advanced gold projects. Previously, Sokoman completed 23,378 m of drilling across multiple phases and aims for a 50,000 m program in Phase 6.
Sokoman Minerals (TSXV: SIC, OTCQB: SICNF) announced the arrival of a third drill rig at its 100%-owned Moosehead Gold Project in Newfoundland, set to target high-priority areas like the 75 Zone and Eastern Trend. The current drilling phase still has 27,000 metres left from a 50,000-metre program, with strong intersections reported including up to 68.25 g/t Au. The company is also securing a fourth drill rig. The Moosehead Project is strategically located along the Trans-Canada Highway, showing potential for significant gold mineralization.
Sokoman Minerals Corp. announced significant progress in its ongoing Phase 6 drilling at the 100% owned Moosehead Property in Newfoundland. Multiple holes have intersected high-grade gold mineralization, confirming the presence of visible gold across various zones. The drilling has extended the interpreted high-grade shoots within a 700 m strike area, with plans to continue explorations using two rigs. Notable results include previous holes returning grades of 13.67 g/t Au and 6.93 g/t Au. The Moosehead Gold Project's total drilling has reached 22,326 m in Phase 6, with more assessments planned.