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Sokoman Minerals Corp. (SICNF) is a Canadian mineral exploration company focused on gold projects in Newfoundland and Labrador. With flagship projects like Moosehead, Crippleback Lake, and Fleur de Lys, Sokoman aims to discover and develop high-grade gold deposits. The company has strategic alliances with Benton Resources Inc. and recently signed an agreement with Campden Hill Holdings Pty Ltd for the Iron Horse property. Sokoman also entered into a Memorandum of Understanding with Novamera Inc. to explore bulk sample opportunities using advanced technology. Driven by a team of experts, including structural consultant Dr. David Coller, Sokoman is dedicated to advancing its projects and unlocking the full potential of its properties.
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Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) has received conditional approval for a flow-through private placement, closing the first tranche for CAD$2,462,525. The Private Placement will issue 37,885,000 flow-through share units at a price of CAD$0.065, with each unit including one common share and one half of a common share purchase warrant. The proceeds will be used for project exploration work on the Company's properties, with approximately 25% allocated to the Fleur de Lys Project and the remaining balance to the flagship Moosehead Project.
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Benton Resources Inc. (BEX) and Sokoman Minerals Corp. (SICNF) Announce Piedmont Lithium Inc.'s (PLL) Exercise of Initial Earn-In Right for Killick Lithium Inc. (Killick)
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Sokoman Minerals Corp. (SIC) announces a non-brokered private placement of flow-through units for gross proceeds of up to CAD$3,000,000. The Private Placement is priced at $0.065 per FT Unit, with each unit consisting of one flow-through common share of the Company and one-half of one common share purchase warrant. The Company intends to use the gross proceeds to incur eligible 'Canadian exploration expenses' and renounce all of the Qualifying Expenditures in favor of the subscribers of the FT Units effective December 31, 2023. The Company is well-funded to cover corporate and working capital needs for 2024 with ~$2M in cash and securities in the treasury.
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Sokoman Minerals Corp. and Benton Resources Inc., known as the Alliance, have received the 'Explorer of the Year' award at the CIM Mineral Resources Review in Newfoundland. The award is in recognition of their ongoing success at the Killick and Kraken Lithium discovery, with significant surface sampling and drill results. The Alliance also recently executed a CAD$24 million option agreement with Piedmont Lithium Inc.
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Sokoman Minerals Corp. has identified a new mineralized structure, the 552 Zone, in the ongoing drilling program at the Moosehead project. The 552 Zone is located 200 m to the east of the Eastern Trend and has an apparent east-west strike. Assays from three of the four completed holes show gold mineralization, with the best grade intersected at 1.41 g/t Au over 2.9 m. The 552 Zone remains open, and approximately 2500 m of drilling is planned to further test the area.
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Benton Resources and Sokoman Minerals announce entering into definitive agreements with Piedmont Lithium
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Sokoman Minerals Corp. discovers Golden Bull Prospect with visible gold-bearing float in Fleur de Lys, Newfoundland. Potential for significant gold deposit. Ongoing exploration reveals strongly stylolitic quartz with up to 2% disseminated pyrite and arsenopyrite. Assay results show common visible gold in veins. Additional exploration planned, including soil sampling and magnetic survey. Project area highly prospective for Dalradian-style gold deposits. Rock samples analyzed by Eastern Analytical Ltd.
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Sokoman Minerals provides update on drilling program at Moosehead gold project
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Benton Resources Inc. and Sokoman Minerals Corp. announce further results from the Phase 4 diamond drilling program at the Kraken Lithium swarm. The drilling has expanded the dyke system and intersected a new dyke called Killick East. The Phase 5 program is planned to begin in late September or early fall, 2023.
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FAQ
What is the current stock price of SOKOMAN MINERALS (SICNF)?
The current stock price of SOKOMAN MINERALS (SICNF) is $0.041 as of February 4, 2025.
What is the market cap of SOKOMAN MINERALS (SICNF)?
The market cap of SOKOMAN MINERALS (SICNF) is approximately 11.5M.
What are Sokoman Minerals Corp.'s primary projects?
Sokoman's primary projects include Moosehead, Crippleback Lake, and Fleur de Lys, all focused on gold exploration.
What strategic alliances has Sokoman Minerals Corp. formed?
The company has alliances with Benton Resources Inc. and Campden Hill Holdings Pty Ltd for various projects.
What is the recent agreement signed by Sokoman Minerals Corp.?
Sokoman recently signed a Memorandum of Understanding with Novamera Inc. to explore bulk sample opportunities using innovative technology.
Who is Dr. David Coller and what role does he play at Sokoman Minerals Corp.?
Dr. David Coller is a structural consultant assisting Sokoman in updating structural models and planning drilling activities.
What regions are the projects of Sokoman Minerals Corp. located in?
Sokoman's projects are primarily located in Newfoundland and Labrador, known for their mineral potential.
How is Sokoman Minerals Corp. contributing to the mineral exploration sector?
Sokoman is dedicated to discovering and developing high-grade gold deposits through strategic partnerships and advanced technologies.
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