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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.
Pirate Gold (OTCQB: SICNF) reports diamond drilling at Crippleback Lake has confirmed a large advanced argillic alteration system measuring about 1,700 m by 700 m and extending >400 m vertically, open in multiple directions. Three holes (PGC-26-058, -064, -068) expanded the 2024 footprint; assays pending.
Alteration assemblages include kaolinite, montmorillonite, pyrophyllite, muscovite and vuggy silica; sulphides (pyrite, chalcopyrite) correlate with an electromagnetic conductive/resistivity low. Drilling continues to test depth and strike.
Pirate Gold (OTCQB: SICNF) filed an amending agreement with the TSXV dated April 29, 2026, reworking consideration for its acquisition of four mineral licences from Paradigm Minerals, Ian Farrell and Katie Lewis. The total consideration is unchanged but reallocated: a one-time cash payment of $11,960 to Paradigm and $400 to Ian Farrell, plus issuance of 280,000 common shares to Paradigm and 20,000 common shares to Ian Farrell. All other terms remain unchanged.
Pirate Gold (OTCQB: SICNF) announced the discovery of the Rib Vein at the Moosehead Zone with high-grade assays, including 65.1 g/t Au over 3.25m (including 309.5 g/t Au over 0.65m).
Sixteen holes define ~150m strike and ~90m depth of continuity; three diamond drills remain active at the Treasure Island project. The company cautions true widths are unknown and assays are pending for additional holes.
Pirate Gold (OTCQB: SICNF) reports ongoing drilling at the Crippleback Lake target, with two rigs testing an argillic alteration envelope that now spans about 1,700m by 700m to vertical depths exceeding 400m. Vuggy silicification and widespread pyrite were logged; assays have been submitted to the laboratory. The company released Episode 8 of Treasure Hunters on April 2, 2026, and appointed Natalia Samartseva as CFO effective April 1, 2026. Qualified Person Greg Matheson, P.Geo., reviewed the technical information.
Pirate Gold (OTCQB: SICNF) has begun drilling at the Crippleback target within its 78,600-hectare Treasure Island Project (92 km strike) on March 20, 2026. Initial hole PGC-26-058 encountered 55m of strong clay alteration in quartz monzonite with 5–8% pyrite.
The company released Episode 7 of its Treasure Hunters series and a technical presentation by VP Exploration Greg Matheson outlining multi-deposit potential (orogenic gold, copper-gold porphyry, epithermal).
Pirate Gold (OTCQB: SICNF) reported initial high-grade drill results from the Moosehead Zone and a new discovery at Treasure Island on February 27, 2026. Five of six Moosehead holes returned high-grade gold, with assays ranging up to 51.20 g/t Au over 0.50 m. A regional hole, PGC-25-006, intersected multiple intervals including 1.14 g/t Au over 8.10 m, representing a new zone and open for follow-up drilling.
The program continues with shallow expansion and district-scale targeting across >50 km of prospective strike.
Pirate Gold (OTCQB: SICNF) initiated two project-scale airborne geophysical surveys at Treasure Island, covering ~69,500 ha (magnetic) and ~54,500 ha (EM/magnetic). Two diamond rigs are active in a 50,000m drill program with visible gold in multiple holes. The company received drill permits for Crippleback Lake (up to 50 holes) and Stony Lake (up to 40 holes), added six claims (150 ha) via agreement, and disclosed a one-year advertising contract for $160,000.
Assays are pending; all intervals are downhole depths and true widths are unknown.
Pirate Gold (OTCQB:SICNF) expanded its Treasure Island Project to over 90 km of strike by acquiring 113 mineral claims along the Valentine Lake Fault Zone and advanced a planned 50,000m drill program. Two diamond drills are active with a third expected in early 2026; eight holes (PGC-25-001 to PGC-25-008) report visual mineralization including visible gold in multiple Moosehead holes. Assays are pending and all intervals are downhole depths; the company disclosed specific cash, share and NSR royalty consideration for recent claim acquisitions.
Pirate Gold (OTCQB: SICNF) on December 9, 2025 appointed Dr. Richard J. Goldfarb as a Strategic Advisor to support targeting and district-scale modelling at the Treasure Island project along the Valentine Lake Fault Zone. Dr. Goldfarb brings 36 years at the US Geological Survey, 350+ publications, 350 invited talks, and major industry honours.
The company also released Season 1, Episode 1 of its "Pirate Gold Treasure Hunters" video series showcasing the first site visit and early exploration storyline, and granted 250,000 stock options to a consultant exercisable at $0.25 per share for five years, vesting immediately.
Pirate Gold (OTCQB: SICNF) has started a 50,000 metre diamond drilling program at its wholly owned Treasure Island Project in central Newfoundland, with two drills active and a third rig scheduled to mobilize in early 2026. The program is expected to run throughout 2026 and will focus on expanding the high-grade Moosehead zone and testing new regional targets across the project's 80+ km strike along the Valentine Lake fault zone. Pirate Gold also launched a new investor video series, beginning with a teaser released today, to provide on-site drilling updates, core reviews, structural walkthroughs, and technical commentary to bring shareholders "into the hunt."