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Sokoman Starts Field Program / Expands Land Position at Crippleback Lake, Central NL

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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) ha ampliato la sua proprietà Crippleback Lake a 530 concessioni (13.250 ettari) nel centro di Terranova. Il programma di perforazione di Fase 1 ha messo in luce una marcata alterazione e mineralizzazione di tipo porfirico, con nove fori diamantati completati per un totale di 1.839 metri.

I riscontri principali includono una forte alterazione argillitica in più fori; intersezioni degne di nota comprendono 146 metri di mineralizzazione in CL-24-3 con valori auriferi fino a 110 ppb e concentrazioni di rame che raggiungono lo 0,44% in alcune sezioni. Le caratteristiche della proprietà sono coerenti con sistemi porfirici rame/oro e sistemi epitermici auriferi, come confermato dall'analisi dell'esperto Dr. Stephen Piercey.

La società ha avviato il suo programma di esplorazione 2025, che prevede una survey IP di Fase 2 su 25 linee chilometriche, ulteriori campionamenti di suolo e prospezioni, con nuovi fori pianificati per il quarto trimestre del 2025.

Sokoman Minerals (OTCQB: SICNF) ha ampliado su propiedad Crippleback Lake a 530 reclamaciones (13.250 hectáreas) en el centro de Terranova. El programa de perforación de Fase 1 ha revelado una marcada alteración y mineralización de estilo porfírico, con nueve perforaciones diamantinas completadas que suman 1.839 metros.

Los hallazgos clave incluyen fuerte alteración argílica en varios pozos; intersecciones significativas incluyen 146 metros de mineralización en CL-24-3 con valores de oro de hasta 110 ppb y cobre que alcanza el 0,44% en algunas secciones. Las características del yacimiento son compatibles con sistemas porfíricos de cobre/oro y sistemas epithermales auríferos, según el análisis del experto Dr. Stephen Piercey.

La compañía ha iniciado su programa de exploración 2025, que incluye una encuesta IP de Fase 2 de 25 kilómetros de línea, muestreos de suelo adicionales y prospección, con más perforaciones previstas para el cuarto trimestre de 2025.

Sokoman Minerals (OTCQB: SICNF)는 뉴펀들랜드 중부에 있는 Crippleback Lake 광구를 530개 권리(13,250헥타르)로 확장했습니다. 1단계 시추 프로그램에서는 포르피리식 변질 및 광화가 뚜렷하게 확인되었으며, 총 1,839미터에 걸쳐 9개의 다이아몬드 시추공이 완료되었습니다.

주요 결과로는 여러 시추공에서 강한 아르질릭(점토화) 변질이 관찰되었고, 특히 CL-24-3에서 146미터의 광화 구간이 확인되었으며 금 값은 최대 110 ppb, 일부 구간의 구리 값은 0.44%에 달했습니다. 해당 광구는 포르피리 구리/금 시스템 및 에피더멀(epithermal) 금 시스템과 일치하는 특성을 보이며, 이는 전문가인 Dr. Stephen Piercey의 분석으로 확인되었습니다.

회사는 2025 탐사 프로그램을 착수했으며, 25 라인킬로미터 규모의 2단계 IP 조사, 추가 토양 시료 채취 및 답사 등을 진행하고, 2025년 4분기에 추가 시추를 계획하고 있습니다.

Sokoman Minerals (OTCQB: SICNF) a étendu sa propriété Crippleback Lake à 530 claims (13 250 hectares) dans le centre de Terre‑Neuve. Le programme de forage de phase 1 a mis en évidence une altération et une minéralisation de type porphyrique, avec neuf trous de forage diamantés totalisant 1 839 mètres.

Parmi les résultats clés, on relève une forte altération argillique dans plusieurs forages ; des intersections notables incluent 146 mètres de minéralisation dans CL‑24‑3 avec des teneurs en or atteignant 110 ppb et du cuivre culminant à 0,44% sur certains intervalles. La propriété présente des caractéristiques compatibles avec des systèmes porphyriques cuivre/or et des systèmes épithermaux aurifères, comme l'a confirmé l'analyse de l'expert Dr. Stephen Piercey.

La société a lancé son programme d'exploration 2025, comprenant une campagne IP de phase 2 couvrant 25 kilomètres de lignes, des prélèvements de sols supplémentaires et de la prospection, avec des forages complémentaires prévus au T4 2025.

Sokoman Minerals (OTCQB: SICNF) hat sein Crippleback Lake-Gebiet im zentralen Neufundland auf 530 Claims (13.250 Hektar) ausgeweitet. Das Phase‑1-Bohrprogramm zeigte deutliche porphyrische Alteration und Mineralisierung, wobei neun Diamantbohrlöcher über insgesamt 1.839 Meter abgeschlossen wurden.

Zentrale Ergebnisse sind unter anderem starke argillitische Alteration in mehreren Bohrungen; bemerkenswerte Abschnitte umfassen 146 Meter Mineralisierung in CL-24-3 mit Goldgehalten bis zu 110 ppb und Kupferwerten bis zu 0,44% in einzelnen Intervallen. Die Eigenschaften des Projekts stimmen mit porphyrischen Kupfer/Gold‑ und epithermalen Goldsystemen überein, wie die Analyse des Experten Dr. Stephen Piercey bestätigt.

Das Unternehmen hat sein Explorationsprogramm 2025 gestartet, das eine Phase‑2‑IP‑Untersuchung über 25 Linienkilometer, zusätzliche Bodenprobenahmen und Prospektion umfasst; weitere Bohrungen sind für Q4 2025 geplant.

Positive
  • Property expanded to 530 claims (13,250 hectares) in strategic location
  • Strong mineralization confirmed across multiple drill holes with continuous alteration up to 301 meters
  • Expert confirmation of porphyry-style system potential by Dr. Stephen Piercey
  • Comprehensive 2025 exploration program already initiated
Negative
  • Gold values remain relatively low with best results of 434 ppb
  • Copper grades are modest with highest value of 0.44%
  • Core zone with higher-grade mineralization not yet identified

Phase 1 drilling demonstrates strong, porphyry-style alteration/mineralization.

St. John's, Newfoundland--(Newsfile Corp. - August 14, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide an update on its 100%-owned Crippleback Lake Property (the "Property"), which straddles the Valentine Lake Shear Zone midway between the Valentine Gold Mine (Equinox Gold) and the Company's Moosehead Gold Project in central Newfoundland. Recent staking and claim purchases have expanded the Property to 530 claims (13,250 hectares) covering favourable geology and structures hosting critical mineral and precious metal occurrences (Figure 1) believed to be related to a copper/gold porphyry and/or epithermal system.

The Property was originally staked by Sokoman in 2016 due to its position along the Valentine Lake Shear Zone and, strikingly similar geological environment to the Valentine Lake gold deposits, currently in pre-production development by Equinox Gold. The Property is underlain in part by the Crippleback Lake Quartz Monzonite, an equivalent, Neoproterozoic-aged igneous complex to the Valentine Lake Intrusive Complex, which hosts the Valentine Lake Gold deposit located 70 km southwest of the Property. The Rogerson Lake Conglomerate, the footwall to the Valentine Lake mineralization, also cuts through the Property. The Teck Resources, Duck Pond Mine, VMS deposits, which closed in 2015, are also located 15 km to the southwest.

(NB: Rock, core and soil assays and mineralization reported are not to be considered as indicative of mineralization over the entire Property, nor are they to be considered indicative of mineralization similar to other deposits in the region.)

Timothy Froude, P.Geo., President and CEO, states, "Our work to date, in conjunction with exploration over the past 50 years, has outlined what we believe to be a system consistent with porphyry copper/gold and/or epithermal gold systems worldwide. We are supported in this belief by Dr. Stephen Piercey, who has examined several holes from the 2024 Phase 1 diamond drilling program and states; "This area has historically been the focus for VMS exploration, but the abundance of sericite-illite alteration, coupled with local montmorillonite and vuggy silica alteration, and anomalous base metal (Zn-Pb) and pyrite mineralization associated with the latter alteration types is distinctive from VMS. This suggests that these rocks have experienced extensive magmatic hydrothermal alteration. The alteration appears to be like phyllite/quartz-sericite-pyrite and argillic alteration types found in distal portions of porphyry systems. This represents an exciting new target for this region."

Froude adds, "It is important to note that our drilling has intersected what we believe to be a portion of the alteration halo surrounding an enriched core zone. The next steps will be to define vectors that lead towards a potential higher-grade core that may exist either along strike or to depth."

Historical Work

The Crippleback Lake Property has been explored since the 1960s, almost exclusively for base metals, with the bulk of past work carried out by Noranda Exploration Company, Limited ("Noranda") in the 1970s, including geophysical, geological and geochemical surveys with limited follow-up diamond drilling. From 1974 to 1976, Noranda focused on the south side of Crippleback Lake, defining an extensive soil geochemical anomaly in zinc (92-677 ppm), lead (30-210 ppm) and copper (42-396 ppm) over a 1.6 km trend. Noranda did not report gold assays for soil samples. The strong soil geochemical anomaly was not drill tested by Noranda; however, two holes, targeting a weak geophysical (electromagnetic) anomaly, were drilled one km to the southeast, returning insignificant mineralization. Noranda's work is on file with the Department of Industry, Energy, and Technology (DIET) in St. John's, NL.

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Figure 1: Property Location Map

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Property Exploration

From 2016 to 2019, Sokoman's exploration included: C-horizon tills, B-horizon soil sampling and prospecting over the initial 111 claim property targeting Valentine Lake-style (intrusion-hosted) gold mineralization along the Valentine Lake Shear Zone (VLSZ). Prospecting in the southwest of the property, along the interpreted shear zone, gave grab rock sample Au values from <5 ppb (DL) to a high of 1.7 g/t Au from a quartz-veined boulder proximal to the highest C-horizon till sample that returned 57 gold grains with 43 pristine gold grains, suggesting a nearby source.

In 2021, the Property was optioned to Trans Canada Gold Corp, which flew a high-resolution magnetic survey and carried out limited prospecting but then returned the Property to Sokoman in 2022.

In 2023, Sokoman's prospecting along a "refurbished" logging road in the northern portion of the Property discovered disseminated copper (chalcopyrite) with zinc, lead and fluorite mineralization in roadside outcrops. Grab samples gave values from <20 ppm to 5.4% copper (Cu) and a reconnaissance soil grid of 30 B-horizon samples over the mineralized area gave values from 6 to 70 ppm Cu, 9 to 391 ppm lead (Pb), 35 to 368 ppm zinc (Zn), and <5 to 21 ppb gold (Au). This led to an expanded soil program in 2024, which focused on verifying the results of the 1975 Noranda survey and extended the survey along strike to the southwest. Results confirmed Noranda's strong copper/lead/zinc soil anomaly, as well as a strong coincidental gold anomaly, with results including: 6 - 402 ppm Cu, 5 - 1197 ppm Pb, 5 - 1373 ppm Zn, and <5 - 55 ppb Au.

In late 2024, logging operations prevented a trenching program, so a six-line, reconnaissance IP, geophysical survey and a Phase 1 diamond drilling program (nine holes / 1,839 m) was carried out in areas not in conflict with the logging operations.

2024 Phase 1 Drilling

The drilling (Figure 2) targeted multiple soil, rock and geophysical anomalies, both historical (1970s) and recent (2023/24) discoveries by Sokoman. Nine diamond drill holes were completed in a 1.5 km by 1 km area in the north-central portion of the Property along the contact between the Crippleback Lake Monzonite and related (coeval) volcanic rocks.

The most significant and impressive argillic (clay) alteration observed from core logging, confirmed by hyperspectral scanning (Terraspec) by the Geological Survey of Newfoundland, was intersected in drill holes CL-24-3, 7, 8, and 9. Significantly, holes CL-24-3 (301 m total length) and CL-24-9 (220 m total length), collared into and remained in alteration/mineralization until both were shut down for logistical reasons, still in strong alteration with sulphide mineralization. Holes CL-24-7, 8, and 9 comprise a three-hole section in the strongest portion of Noranda's 1975 soil geochemical anomaly, verified by follow-up by Sokoman in 2024. CL-24-3 was drilled approximately 1 km SW of, and along strike from, CL-24-7, 8, and 9, and cut 301 m of continuous alteration with disseminated and stringer sulphide mineralization. Two holes (CL-24-1 and 2) were drilled to test copper/fluorite mineralization in the Main Road and Tower Road occurrences, with CL-24-4,5, and 6 drilled approximately 500 m south of CL-24-3 to test for copper/zinc/lead mineralization in outcrop on Colin's Road. All holes intersected variable and locally strong clay alteration +/- sulphide (pyrite, chalcopyrite, sphalerite, galena, stibnite, and arsenopyrite) mineralization.

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 CL-24-9 - Strong clay alteration in Crippleback Lake Monzonite with stringer sulphide mineralization 

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Figure 2: 2024 Diamond Drill Holes / 2025 IP Survey Area

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A total of 1,405 saw-cut, core samples ranging from 0.15 m to 3 m long (average length of 0.82 m) were sent for Au and 34 element ICP analysis at Eastern Analytical Ltd. in Springdale, NL with a random subset of 285 samples sent for MA 250 Ultra trace ICP-MS analysis for 59 elements at Bureau Veritas (BV) in Vancouver, BC. The BV analyses included porphyry copper and epithermal gold pathfinder elements such as selenium and tellurium.

Most of the drill holes intersected significant alteration/mineralization consistent with a magmatic-hydrothermal system, potentially a porphyry Cu-(Au) and/or a high sulfidation, epithermal gold system, including locally intense clay alteration with associated base and precious metal enrichment. To better understand the style and significance of the alteration/mineralization intersected at the Crippleback Lake Property, the Company has engaged Dr. Stephen J. Piercey, PhD, P.Geo., FGC of Memorial University and Piercey Geosciences Inc. in St. John's, NL, to evaluate the mineralized system. Dr. Piercey is an expert in hydrothermal ore deposits and has undertaken research and consulting for various clients globally. Dr. Piercey has already examined in detail several of the Crippleback Lake Property drill holes.

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Cross Section Through CL-24-7, 8, 9 

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The diamond drilling has:

1) Confirmed the copper/silver/fluorite-bearing mineralized exposures along the Main and Tower Roads Cl-24-1, 2, and 3

2) Confirmed copper/lead/zinc/silver mineralization in the Colin's Road area (CL-24-4, 5, and 6) along with a silver/gold/antimony zone in CL-24-6

3) Confirmed Noranda's strong 1975 soil geochemical anomaly along the Noranda Road in CL-24-7, 8, and 9

4) Broad enrichment in gold in argillic alteration zone in holes CL-24-3, 7, 8 and 9

Overall, the drilling defined variable, but consistent, clay (argillic) alteration with associated Au, Cu, Pb and Zn enrichments in most holes, including locally elevated pathfinder metals selenium (Se), which ranged from 0.03 to 43.90 ppm Se, and tellurium (Te), which ranged from 0.12 to 23.12 ppm Te. (Analysis for Se and Te were completed at Bureau Veritas Labs in Vancouver, BC, from a subset of samples from the complete set of samples analyzed at Eastern Analytical Ltd. in Springdale, NL.) Selected highlights from the complete set of assays are as follows:

Crippleback Lake Phase 1 Drilling - Selected Highlights Table

DDH #From ToLength
Au ppbAg ppmCu ppmCu %Pb ppmPb %Zn ppmZn %Sb ppm
CL-24-149.8059.009.20
<52.5514340.146920.075480.05
incl55.3559.003.65
<54.2026070.2613050.137410.07














CL-24-29.6719.910.23
<51.003140.033170.031330.01
incl9.6711.92.23
<52.5010800.1111240.111320.01














CL-24-3107.00253.00146.00
351.00900.016750.0612900.13
incl173.00253.0080.00
521.491470.0111000.1120720.20
incl238.70253.0014.30
1102.932230.0112650.1225800.25














CL-24-463.0079.4016.40
<52.007470.0816740.1620210.20
incl63.0067.804.80
<55.466180.0644020.4454140.50
and96.3599.302.95
<51.2944000.444050.048550.08














CL-24-6195.25199.003.75
43411.510100.104010.0417620.17665














CL-24-73.0020.0017.00
361.531250.0110360.109260.09














CL-24-812.0052.0040.00
521.064960.05700.0073160.03














CL-24-931.00123.8092.80
50tr910.009320.0032070.02

Click here to view the complete Phase 1 drilling assay data for Crippleback Lake.

2025 Exploration Program

The 2025 exploration program, consisting of a Phase 2 IP survey, additional soil sampling along and across strike, prospecting and rock sampling, has begun. The 25 line km IP survey is planned to define/expand coverage over the area of alteration/mineralization in all directions around the 2024 drilling. Future work would include additional geophysics and, if warranted, diamond drilling and/or trenching to test targets. The bulk of this work would take place in Q4 2025.

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.

Analytical Techniques / QA/QC

All core, rock and soil samples are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for ICP 34 analysis as well as gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel, with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples to be assayed for gold are analyzed by standard fire assay methods. Industry-approved standards and blanks are included in each batch, as well as random duplicates, as part of Eastern Analytical Ltd.'s internal policies. In addition, a selected batch of pulps (approximately 20% of total samples) from the Phase 1 drilling were forwarded by Eastern Analytical to Bureau Veritas Labs in Vancouver, BC, for additional analysis, specifically the MA 250 procedure consisting of a four acid digestion with Ultra Trace ICP-MS analysis for 59 elements. Bureau Veritas is also an ISO/IEC 17025 accredited lab and adheres to the required policies and procedures.

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)

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/262534

FAQ

What are the main findings from Sokoman's Phase 1 drilling at Crippleback Lake?

The Phase 1 drilling revealed significant porphyry-style alteration with continuous mineralization up to 301 meters, including gold values up to 110 ppb and copper values reaching 0.44%.

How large is SICNF's Crippleback Lake Property after recent expansion?

The property now comprises 530 claims covering 13,250 hectares in central Newfoundland.

What are the highlights of Sokoman's 2025 exploration plans for Crippleback Lake?

The 2025 program includes a 25-line kilometer Phase 2 IP survey, additional soil sampling, prospecting, and potential diamond drilling in Q4 2025.

What type of mineralization system has been identified at Crippleback Lake?

The property shows characteristics consistent with a porphyry copper/gold and/or high sulfidation epithermal gold system, confirmed by expert Dr. Stephen Piercey.

Where is SICNF's Crippleback Lake Property located relative to other mines?

The property is located 70 km northeast of the Valentine Lake Gold deposit and 15 km northeast of the former Duck Pond Mine in central Newfoundland.
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