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 Corp. announced a non-brokered private placement of flow-through units, aiming to raise up to $5,000,000, with $4,000,000 allocated to investor Eric Sprott. The placement will issue up to 12,500,000 units at a price of $0.40 each, including common shares and warrants exercisable at $0.45 for 24 months. Proceeds will fund exploration projects and must adhere to Canadian tax regulations. The offering is subject to TSX Venture Exchange approval.
Sokoman Minerals Corp. (TSXV: SIC, OTCQB: SICNF) announced high-grade gold assays from the Moosehead Project, highlighting drill results such as MH-21-342 with 5.55 m of 56.58 g/t Au, including 3.10 m of 100 g/t Au. Additional drilling confirmed a strong high-grade zone open to surface and depth, with ongoing exploration efforts to connect mineralized zones. The Moosehead project continues to show potential for substantial mineralization, with plans for extensive drilling in winter. Assays are pending for other drilled areas, indicating further exploration success.
Sokoman Minerals Corp. (OTCQB:SICNF) and Benton Resources Inc. announced the discovery of new lithium-bearing dykes near the Kraken Pegmatite in Newfoundland. Out of 50 grab samples, 17 showed significant spodumene values ranging from 0.23% to over 2.15% Li2O. The companies plan a diamond drilling program and a regional till survey to target further exploration. This revelation follows geological parallels to major lithium deposits like those of Piedmont Lithium Inc.
Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF), based in Newfoundland and Labrador, announced that President & CEO Tim Froude will present live at VirtualInvestorConferences.com on December 9, 2021, at 2:30 PM EST. This event allows real-time investor interaction, with an archived version available later. Recent highlights include a successful drilling program at the Moosehead Gold project, showcasing high-grade gold results, and a strategic alliance with Benton Resources, leading to significant gold and lithium discoveries in Newfoundland.
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.
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