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Sokoman to Resume Drilling at Moosehead Gold Project

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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) ha annunciato piani per riprendere le perforazioni con diamante nel suo progetto aurifero Moosehead, di proprietà al 100% e situato nel centro di Terranova. Il programma inizierà con perforazioni profonde fino a 1.000 m, con l’obiettivo di testare le zone d’oro Eastern Trend e Western Trend per estensioni in profondità.

L’azienda ha già completato 135.325 m di perforazione su core in 672 pozzi, identificando cinque importanti zone di mineralizzazione d’oro. Il nuovo programma, parte di una più ampia iniziativa di perforazione 15.000 m nel 2025, partirà con 2-3 pozzi profondi, tra cui MH-25-673 e MH-25-674, mirando a profondità precedentemente non testate e a potenziali zone parallele. Risultati notevoli precedenti includono un intercetto di 39,60 m a 12,50 g/t Au dalla zona 463.

Sokoman Minerals Corp. (OTCQB: SICNF) ha anunciado planes para reanudar las perforaciones con diamante en su Proyecto de Oro Moosehead, 100% propiedad, ubicado en el centro de Terre-Neuve. El programa comenzará con perforaciones profundas de hasta 1.000 m, con el objetivo de probar las zonas de oro Eastern Trend y Western Trend para posibles extensiones en profundidad.

La compañía ya ha completado 135.325 m de perforación con núcleo en 672 barrenos, identificando cinco zonas significativas de mineralización de oro. El nuevo programa, parte de una iniciativa de perforación de 15.000 m para 2025, empezará con 2-3 agujeros profundos, incluidos MH-25-673 y MH-25-674, buscando profundidades no probadas previamente y posibles zonas paralelas. Resultados notables anteriores incluyen un intercepto de 39,60 m a 12,50 g/t Au en la zona 463.

Sokoman Minerals Corp. (OTCQB: SICNF)은 뉴펀들랜드 중부에 위치한 100% 소유 모스헤드 골드 프로젝트의 다이아몬드 드릴링 재개 계획을 발표했습니다. 이 프로그램은 최대 깊이 1,000m의 심층 시추로 시작하며, 깊이 확장의 가능성을 가진 Eastern Trend와 Western Trend의 골드 존을 시험하는 데 초점을 맞춥니다.

회사는 이미 672개 구멍에서 코어 드릴링 135,325m를 완료했으며 다섯 개의 중요한 골드 광물화 지대를 확인했습니다. 이번 신규 프로그램은 더 큰 2025년 1만5천 m 시추 계획의 일부로, MH-25-673 및 MH-25-674를 포함한 2~3개의 심층 구멍으로 시작해 이전에 테스트되지 않은 깊이와 잠재적 평행대를 목표로 합니다. 주목할 만한 기존 결과로는 463 존에서 39.60m at 12.50 g/t Au의 교차구간이 있습니다.

Sokoman Minerals Corp. (OTCQB: SICNF) a annoncé des plans pour reprendre le forage diamants sur son projet Moosehead Gold, détenu à 100 % et situé au centre de Terre-Neuve. Le programme débutera par des forages profonds jusqu’à 1 000 m, visant à tester les zones d’or Eastern Trend et Western Trend pour des extensions en profondeur.

L’entreprise a déjà réalisé 135 325 m de forage en carottage dans 672 puits, identifiant cinq zones significatives de minéralisation aurifère. Le nouveau programme, dans le cadre d’une initiative de forage de 15 000 m pour 2025, commencera par 2-3 puits profonds, dont MH-25-673 et MH-25-674, visant des profondeurs jusqu’alors non testées et des zones parallèles potentielles. Des résultats notables précédents incluent une interception de 39,60 m à 12,50 g/t Au dans la Zone 463.

Sokoman Minerals Corp. (OTCQB: SICNF) hat Pläne bekannt gegeben, das Diamantbohren im Moosehead-Goldprojekt, das sich zu 100 % im Besitz des Unternehmens befindet, in Zentral-Neufundland wieder aufzunehmen. Das Programm beginnt mit tiefen Bohrungen bis zu einer Tiefe von 1.000 m, mit dem Schwerpunkt darauf, die Goldzonen Eastern Trend und Western Trend auf Tiefenzusammenhänge zu testen.

Das Unternehmen hat bereits 135.325 m Kernbohrung in 672 Bohrlöchern abgeschlossen und damit fünf bedeutende Zonen der Goldmineralisierung identifiziert. Das neue Programm, Teil einer größeren 15.000 m Bohrinitiative 2025, beginnt mit 2–3 Tiefbohrungen, einschließlich MH-25-673 und MH-25-674, die auf zuvor ungetestete Tiefen und potenzielle Paralleln zone abzielen. Bemerkenswerte frühere Ergebnisse umfassen ein Intercept von 39,60 m bei 12,50 g/t Au in der Zone 463.

Sokoman Minerals Corp. (OTCQB: SICNF) أعلنت عن خطط لاستئناف الحفر الماسي في مشروع Moosehead للذهب المملوك بنسبة 100% في وسط نيوفاوندلاند. سيبدأ البرنامج بالحفر العميق حتى عمق 1,000 م مع التركيز على اختبار مناطق الذهب Eastern Trend و Western Trend لربطها بعمق.

لقد أكملت الشركة بالفعل 135,325 م من الحفر النَسخي في 672 بئرًا، محددة خمس مناطق minerالذهب الهامة. البرنامج الجديد، جزء من مبادرة حفر بقيمة 15,000 م في 2025، سيبدأ باثنين إلى ثلاثة آبار عميقة، بما في ذلك MH-25-673 و MH-25-674، مستهدفًا أعماقًا لم تُختبر من قبل ومناطق موازية محتملة. نتائج سابقة ذات صلة تشمل ارتباطًا قدره 39.60 م عند 12.50 جم/طن Au من منطقة 463.

Sokoman Minerals Corp. (OTCQB: SICNF) 已宣布计划在其100%拥有的 Moosehead 金矿项目(位于纽芬兰中部)恢复钻石钻探。该计划将以深部钻探,深度可达1,000米为起点,聚焦测试东部趋势和西部趋势金矿带的深部延伸。

公司已完成672口井共计135,325米的芯钻,识别出五个重要的金矿化区。新的钻探计划是更大规模的2025年1.5万米钻探计划的一部分,将以2-3口深井开端,包括 MH-25-673 和 MH-25-674,目标为此前未测试的深度及潜在的平行区。此前值得注意的结果包括在463区的39.60米,金品位12.50 g/t Au的截距。

Positive
  • None.
Negative
  • Most gold zones remain open for expansion, indicating undefined resource boundaries
  • Deep drilling program carries increased operational costs and technical challenges
  • Previous drilling limited to average depth of only 300m vertically

Program to start with a series of deep (1,000 m) holes

St. John's, Newfoundland--(Newsfile Corp. - September 12, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce that diamond drilling will resume at the 100%-owned Moosehead Gold Project in central Newfoundland. The initial focus will be a series of deep, 1,000 m depth, downhole drill holes testing the Eastern Trend and Western Trend gold zones for depth extensions, as well as testing for undiscovered parallel zones. Since 2018, a total of 135,325 m of core in 672 drill holes, across the property, have resulted in the definition of five significant zones of gold mineralization and several smaller, less defined zones, with most remaining open for expansion. All the main gold zones have high-grade intersections of at least 100-gram metres of gold to a maximum of 636.12-gram metres from MH-18-39. Please see the table of Moosehead's Top 25 Holes below.

Timothy Froude, P.Geo., President and CEO, states, "We are extremely excited to be back drilling at Moosehead, given the significance of the deep holes and the impact they could have on the mineralization on the property. Drilling to date has focused on the near surface, to an average depth of about 300 m vertically, where we have been extremely successful in defining high-grade mineralization in five previously unknown zones. The time is right to go deeper than we have in the past, to downhole depths of 1,000 m, and armed with the knowledge we have gained over the past few years, hopefully locating continuous high-grade zones at depth. We expect to be on site in early October and anticipate a four- to five-week timeline to complete drilling."

Deep Drilling Program

The deep drilling program will start with two to three holes, each at least 1,000 m in length, positioned to establish key geological, mineralogical and structural information at depths never before tested, critical for planning future deep drilling. This drilling is part of a larger 2025 program of up to 15,000 m, including multiple holes to expand the Western Trend, the 75 and 552 Zones, as well as reconnaissance drilling on the remainder of the property, testing high-priority regional targets.

The first deep hole, MH-25-673, will be the most easterly hole drilled, testing from east to west the deep regional structures of the Eastern Trend and zones proximal to it. The drill hole will test the full width of what is believed to be the Valentine Lake shear zone, and will extend through the inferred southeastern projection of the Eastern Trend at a planned vertical depth of 650 m. The initial 200 m to 300 m will test ground with no previous drilling, where an unsourced 1988 float sample assayed 10 g/t Au.

The second hole, MH-25-674, will be drilled, from west to east, testing the footwall units below the Western Trend for 463-Zone-type veins, continuing to test the inferred 463 Zone Structure at ~650 m vertically below surface. The 463 Zone is around 250 m to 300 m vertically below ground, giving a drill intercept of 39.60 m at 12.50 g/t Au, from 295.30 m downhole, including 10.25 m at 41.97 g/t Au, from 312.35 m downhole (see the December 15, 2022, news release). This 463 Zone is unique in that it lies in the footwall and is nearly perpendicular to the trend of the adjoining Eastern Trend Zone, possibly representing a feeder conduit.

The third proposed hole is a 500 m step out to the south of the first deep hole (MH-25-673) to get a better understanding of the regional structures and their trend at depth.

See the plan view and cross-section view of the proposed deep drilling below.

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Figure 1: Plan View - Deep Drilling

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Figure 2: Cross Section - Deep Holes MH-25-673 and 674

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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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for 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 with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh, and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au, with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6079/266188_28f1fe1784fd2b7b_004.jpg

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6079/266188_28f1fe1784fd2b7b_004full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266188

FAQ

What is the scope of Sokoman's (SICNF) new drilling program at Moosehead Gold Project?

The program includes 2-3 initial deep holes of 1,000m depth each, as part of a larger 15,000m 2025 drilling program, targeting the Eastern Trend and Western Trend gold zones.

What are the previous drilling results at Sokoman's Moosehead Gold Project?

Previous drilling totaled 135,325m in 672 holes, identifying five significant gold mineralization zones, with notable intercepts including 39.60m at 12.50 g/t Au from the 463 Zone.

When will Sokoman (SICNF) begin the new drilling program at Moosehead?

The company expects to be on site in early October 2025, with an anticipated timeline of four to five weeks to complete the drilling.

What is the significance of the 463 Zone at Sokoman's Moosehead Project?

The 463 Zone is unique as it lies in the footwall and runs nearly perpendicular to the Eastern Trend Zone, possibly representing a feeder conduit, with significant intercepts including 10.25m at 41.97 g/t Au.

How deep has Sokoman previously drilled at the Moosehead Gold Project?

Previous drilling focused on near-surface exploration to an average depth of about 300m vertically, while the new program will test depths up to 1,000m.
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