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SOKOMAN MINERALS CORP - SICNF STOCK NEWS

Welcome to our dedicated page for SOKOMAN MINERALS news (Ticker: SICNF), a resource for investors and traders seeking the latest updates and insights on SOKOMAN MINERALS stock.

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.

Rhea-AI Summary
Sokoman Minerals Corp. provides an update on the Alpha IP Resistivity/Chargeability Survey completed at Moosehead. Multiple anomalies have been identified to both the west and east of the main mineralized trends, indicating high-priority targets for further exploration.
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Sokoman Minerals Corp. has reported encouraging progress at its Moosehead Gold Project with diamond drilling at the 463 Zone. Notable results include drill hole MH-23-519, which intersected a 1.4 metre-wide zone of visible gold-bearing quartz veining returning 12.41 g/t Au from 409.75 m downhole, extending the zone 68 m down-plunge. The drilling indicates a potential new plumbing system for gold mineralization, separate from the main Eastern Trend. CEO Tim Froude expressed optimism about encountering high-grade gold around the 511 Zone. The company is well-funded with over $6 million in treasury, anticipating continued drilling by late May. The Moosehead Project remains a key focus, with substantial landholdings in Newfoundland.

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Sokoman Minerals Corp. (TSXV:SIC, OTCQB:SICNF) announces its participation in the Emerging Growth Conference on March 22, 2023, at 10:15 AM EST. The event offers shareholders and the investment community a chance to engage with President & CEO Tim Froude for project updates, including the Moosehead Gold and Kraken Lithium projects. Questions can be submitted in advance via email. Registration is required to attend, with a recorded archive available post-event. The conference aims to highlight growth companies and innovative products to a wide audience of investors.

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Sokoman Minerals Corp. (TSXV:SIC) and Benton Resources Inc. (TSXV:BEX) report promising results from their Phase 3 drill program at the Golden Hope Joint Venture. Completed in December 2022, the drilling encompassed 1,607 m across 11 holes, revealing significant lithium mineralization. Notably, hole GH-22-27 intersected 15.23 m at 1.04% Li2O. The Killick Zone shows potential for further expansion, remaining open in all directions. Additionally, soil sampling indicates a potential extension of lithium-enriched dykes by 2,000 m. A Phase 4 drill program of at least 5,000 m is set for early spring 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.
SOKOMAN MINERALS CORP

OTC:SICNF

SICNF Rankings

SICNF Stock Data

11.46M
259.99M
19.64%
Gold
Basic Materials
Link
United States of America
Toronto