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Sokoman Launches Exploration Reset: Deep Drill Holes at Moosehead, Copper/Gold Porphyry Potential at Crippleback Lake and New Drill Targets at Fleur de Lys

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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.

Sokoman Minerals (OTCQB: SICNF) ha annunciato aggiornamenti significativi su tre proprietà chiave a Terranova. A Moosehead, la società ha posticipato a tempo indeterminato il campionamento di massa a causa di problemi di processo, ma prevede di avviare un nuovo programma di perforazioni con tre fori profondi 1.000 m ciascuno. A Crippleback Lake, l'esplorazione ha rivelato promettenti mineralizzazioni di rame con campioni che mostrano fino al 5,4% di rame, e la perforazione della Fase 1 suggerisce il potenziale per un sistema porfirico di rame-oro o un sistema epiterma d'oro. La proprietà è stata ampliata per coprire 300 concessioni lungo una linea di faglia prospettica di 22 km.

Presso Fleur de Lys, la società intende esplorare anomalie non ancora indagate nella parte meridionale, a seguito di scoperte come campioni di massi con valori fino a 9,04 g/t Au nell'area Golden Bull. La società ha coinvolto esperti e pianifica ulteriori indagini, scavi e perforazioni in tutte le proprietà.

Sokoman Minerals (OTCQB: SICNF) ha anunciado actualizaciones importantes en tres propiedades clave en Terranova. En Moosehead, la empresa ha pospuesto indefinidamente el muestreo a gran escala debido a dificultades en el procesamiento, pero planea implementar un nuevo programa de perforación que incluye tres pozos de 1,000 m de profundidad. En Crippleback Lake, la exploración reveló una mineralización de cobre prometedora con muestras que muestran hasta 5,4% de cobre, y la perforación de la Fase 1 sugiere potencial para un sistema de pórfido de cobre-oro o un sistema epithermal de oro. La propiedad se ha ampliado para cubrir 300 reclamos a lo largo de una línea de falla prospectiva de 22 km.

En Fleur de Lys, la empresa planea explorar anomalías no prospectadas en la parte sur, siguiendo descubrimientos que incluyen muestras de bloques con valores de hasta 9,04 g/t Au en el área Golden Bull. La empresa ha contratado expertos y planea realizar encuestas adicionales, trincheras y perforaciones en todas las propiedades.

Sokoman Minerals (OTCQB: SICNF)는 뉴펀들랜드의 세 주요 부동산에 대한 중요한 업데이트를 발표했습니다. Moosehead에서는 처리 문제로 인해 대규모 샘플링을 무기한 연기했지만, 1,000m 깊이의 구멍 3개를 포함한 새로운 시추 프로그램을 계획하고 있습니다. Crippleback Lake에서는 탐사 결과 최대 5.4% 구리 함량의 유망한 구리 광화가 확인되었으며, 1단계 시추는 포피리 구리-금 또는 에피서멀 금 시스템의 가능성을 시사합니다. 이 부동산은 22km의 잠재 단층선을 따라 300개 청구지로 확장되었습니다.

Fleur de Lys에서는 골든 불 지역에서 최대 9.04 g/t Au 값을 보인 암괴 샘플 등 발견을 바탕으로 남부 지역의 미탐사 이상체를 탐사할 계획입니다. 회사는 전문가를 고용했으며 모든 부동산에서 추가 조사, 트렌치 작업 및 시추를 계획하고 있습니다.

Sokoman Minerals (OTCQB : SICNF) a annoncé des mises à jour importantes concernant trois propriétés clés à Terre-Neuve. À Moosehead, la société a reporté indéfiniment les prélèvements en vrac en raison de difficultés de traitement, mais prévoit de lancer un nouveau programme de forage comprenant trois trous de 1 000 m de profondeur. À Crippleback Lake, l'exploration a révélé une minéralisation prometteuse en cuivre avec des échantillons affichant jusqu'à 5,4 % de cuivre, et le forage de la phase 1 suggère un potentiel pour un système porphyrique cuivre-or ou un système épithermal aurifère. La propriété a été étendue pour couvrir 300 concessions le long d'une faille prospective de 22 km.

À Fleur de Lys, la société prévoit d'explorer des anomalies non prospectées dans la partie sud, suite à des découvertes incluant des échantillons de blocs avec des valeurs allant jusqu'à 9,04 g/t Au dans la zone Golden Bull. La société a fait appel à des experts et prévoit des relevés supplémentaires, des tranchées et des forages sur toutes les propriétés.

Sokoman Minerals (OTCQB: SICNF) hat bedeutende Neuigkeiten zu drei wichtigen Grundstücken in Neufundland bekannt gegeben. Bei Moosehead hat das Unternehmen die Massenprobenahme aufgrund von Verarbeitungsproblemen auf unbestimmte Zeit verschoben, plant jedoch ein neues Bohrprogramm mit drei 1.000 m tiefen Löchern. Bei Crippleback Lake ergab die Exploration vielversprechende Kupfermineralisierung mit Proben von bis zu 5,4% Kupfer, und die Bohrungen der Phase 1 deuten auf ein Potenzial für ein porphyrisches Kupfer-Gold- oder epithermales Goldsystem hin. Das Grundstück wurde auf 300 Claims entlang einer 22 km langen potenziellen Verwerfungslinie erweitert.

Bei Fleur de Lys plant das Unternehmen, unerforschte Anomalien im südlichen Bereich zu untersuchen, nachdem Entdeckungen wie Blockproben mit Werten bis zu 9,04 g/t Au im Golden Bull-Gebiet gemacht wurden. Das Unternehmen hat Experten engagiert und plant weitere Untersuchungen, Grabenarbeiten und Bohrungen auf allen Grundstücken.

Positive
  • Discovery of high-grade copper mineralization up to 5.4% at Crippleback Lake
  • Expansion of Crippleback property to 300 claims covering 22km of prospective fault line
  • Promising gold values up to 9.04 g/t Au found in boulder samples at Fleur de Lys
  • Implementation of deep drilling program at Moosehead to test zone extensions
Negative
  • Indefinite postponement of bulk sampling program at Moosehead due to processing challenges
  • Logging operations prevented planned trenching program at Crippleback in late 2024

St. John's, Newfoundland and Labrador--(Newsfile Corp. - July 24, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide the following updates on its core properties in central/north-central Newfoundland: Moosehead, Crippleback and Fleur de Lys.

Moosehead

The Company has been unable to secure a practical processing strategy for the proposed bulk sample(s) at the Moosehead Project. Therefore, the proposed bulk sampling programs have been postponed indefinitely. Active discussions will continue with processing providers.

Timothy Froude, P.Geo., President and CEO, states, "A delay in the bulk sampling program at Moosehead has opened a window of opportunity to implement recommendations stemming from Dr. Coller's structural report on the property. In addition to a robust shallow drilling program, Dr. Coller and Exploration Manager Ryan Newman have proposed three "deep holes", each 1,000 m in length, reaching a vertical depth of 800 m. These will test for extensions of the known gold zones, intersect untested structures and guide further deep drilling. Drilling is scheduled to commence later this year, contingent upon receipt of the necessary permits."

Crippleback Lake

Prospecting in the northern portion of the property in late 2023 located disseminated copper sulphide containing mineralization (chalcopyrite) with grab sample values up to 5.4% copper in outcrop along a new logging road. A small reconnaissance soil grid over the mineralized area returned a high of 402 ppm Cu (copper) and 1197 ppm Pb (lead). In 2024, a follow-up soil sampling program confirmed multiple copper, zinc, and lead anomalies in the northern area of the property.

In late 2024, logging operations prevented a planned trenching program. The Company proceeded with an IP geophysical survey and a Phase 1 diamond-drilling program (9 holes, 1,839 m) in areas not in conflict with the logging operations. The drilling intersected significant alteration and mineralization consistent with a magmatic-hydrothermal system, potentially a porphyry Cu-(Au) and/or a high sulfidation, epithermal gold system. A total of 1,405 core samples were sent for Au and 34-element ICP analysis to Eastern Analytical Ltd. ("Eastern") in Springdale, NL, with a subset of samples (285) sent for further analysis (59 elements) to Bureau Veritas in Vancouver, BC, for elements not analyzed by Eastern. The Company has engaged Dr. Stephen Piercey, a globally recognized expert in hydrothermal ore deposits, of Memorial University in St. John's, NL, to evaluate and provide an opinion on the mineralized system intersected in the Phase 1 program.

Additional key claims have been acquired in the area based on these exploration results, and the property now covers approximately 300 claims and a 22-km length of the highly prospective Valentine Lake - Cape Ray Fault, most of which has seen little previous exploration for base metals. An expanded Induced Polarization (IP) survey is planned to define and expand the alteration/mineralization identified in the drilling, with the survey expected to start later this summer. Trenching and diamond drilling will follow.

Fleur de Lys

The 2025 exploration will target unprospected till and/or geophysical anomalies in the southern portion of the property. The 2024 exploration focused on targets only in the northern half of the property. Further close-spaced trenching is needed at the Golden Bull area, where initial prospecting had located large angular boulders with values up to 9.04 g/t Au. Additional ground surveys, including prospecting, geophysics and trenching, are planned in the area near drill hole FDL-24-23, which intersected multiple pyrite-rich quartz veins resembling pyrite veins at Curraghinalt in Northern Ireland. Since FDL-24-23 lies 3 km from the next closest drill hole, further diamond drilling is warranted.

Mr. Froude further comments, "We are also excited by the exploration results from the Crippleback Lake property, as it has features consistent with porphyry copper/gold deposits and/or an epithermal gold system. With further ground exploration at Fleur de Lys, we hope that we can return with a follow-up drill program."

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects, including the 100%-owned flagship, advanced-stage Moosehead project, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland. These projects target Dalradian-type orogenic gold mineralization, similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement, please refer to the Company's press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

  • East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
  • Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260000

FAQ

What caused Sokoman Minerals (SICNF) to postpone its bulk sampling at Moosehead?

The company was unable to secure a practical processing strategy for the proposed bulk samples, leading to an indefinite postponement while discussions continue with processing providers.

What were the significant copper findings at Sokoman's Crippleback Lake property?

Prospecting revealed disseminated copper sulphide mineralization with grab samples up to 5.4% copper in outcrop, and soil sampling confirmed multiple copper, zinc, and lead anomalies.

What is the extent of Sokoman's expanded Crippleback Lake property?

The property now covers approximately 300 claims and spans a 22-kilometer length of the Valentine Lake - Cape Ray Fault.

What are the gold values discovered at Sokoman's Fleur de Lys property?

Large angular boulders were found in the Golden Bull area with values up to 9.04 g/t Au, and multiple pyrite-rich quartz veins were intersected in drilling.

What is Sokoman's new drilling strategy for the Moosehead property?

The company plans to implement three deep holes, each 1,000m in length, reaching a vertical depth of 800m to test extensions of known gold zones and intersect untested structures.
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