SOKOMAN MINERALS CORP - SICNF STOCK NEWS

Sokoman Minerals Corp. (OTCQB:SICNF) and Benton Resources Inc. announced the discovery of new lithium-bearing dykes near the Kraken Pegmatite in Newfoundland. Out of 50 grab samples, 17 showed significant spodumene values ranging from 0.23% to over 2.15% Li₂O. The companies plan a diamond drilling program and a regional till survey to target further exploration. This revelation follows geological parallels to major lithium deposits like those of Piedmont Lithium Inc.

Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF), based in Newfoundland and Labrador, announced that President & CEO Tim Froude will present live at VirtualInvestorConferences.com on December 9, 2021, at 2:30 PM EST. This event allows real-time investor interaction, with an archived version available later. Recent highlights include a successful drilling program at the Moosehead Gold project, showcasing high-grade gold results, and a strategic alliance with Benton Resources, leading to significant gold and lithium discoveries in Newfoundland.

Sokoman Minerals Corp. (TSXV: SIC) has doubled its Phase 6 drill program to 100,000 meters at the Moosehead Project in Newfoundland. Initial drill results from North Pond show promising gold intersections, including 4.95 m of 27.70 g/t Au and 4.20 m of 14.72 g/t Au. The drilling, highlighting high-grade gold-bearing veins, suggests significant growth potential in mineralized corridors. CEO Tim Froude expressed satisfaction with the progress, emphasizing continued drilling until winter conditions set in. The company controls over 150,000 hectares across key projects in Newfoundland.

Sokoman Minerals Corp. and Benton Resources Inc. report significant findings from the Kraken pegmatite field at the Golden Hope Joint Venture Project in Newfoundland. Grab samples yield lithium values up to 1.93% Li₂O, with 11 samples above 0.5% and six exceeding 1%. The dyke swarm now extends over 2200 metres, indicating substantial mineralization potential. A recent LiDAR survey has been completed over 8.4 km² to enhance exploration efforts. The companies express optimism about transitioning to a Phase 1 drilling program to further develop this discovery.

Sokoman Minerals Corp. and Benton Resources Inc. announced the expansion of the Kraken Pegmatite Swarm, now measuring 2.2 km long by 0.85 km wide, indicating a significant lithium discovery in Newfoundland. The prospecting identified fine-grained spodumene in multiple areas, with some samples grading up to 2.37% Li₂O. Upcoming geological mapping and a drone survey aim to enhance exploration efforts. The companies aim to commence drilling soon, following positive assay results expected in the coming weeks.

Sokoman Minerals Corp. (OTCQB:SICNF) has completed Phase 1 of the C-Horizon till sampling program at the Fleur de Lys Gold Project, collecting 823 samples. Preliminary results indicate multiple gold anomalies, with 109 samples showing at least 20 gold grains, suggesting nearby sources. The highest counts recorded were 111 and 116 grains, with a significant proportion being pristine. A follow-up program will commence immediately, while over 60 rock samples are pending assays. The company anticipates further exploration until late fall, enhancing the potential for gold resources in Newfoundland.

Sokoman Minerals Corp. announced a stock option grant subject to TSX Venture Exchange approval for up to 4,450,000 common shares. Each option is exercisable for CAD$0.44, which is 20% above the previous closing share price. The company's projects include advanced-stage Moosehead and others in Newfoundland and Labrador, covering over 150,000 hectares. They have entered a strategic alliance with Benton Resources Inc. for joint properties. The company received financial support from the Newfoundland and Labrador government for the Moosehead Project.

Sokoman Minerals Corp. (TSXV: SIC, OTCQB: SICNF) has announced high-grade gold intersections at the Moosehead Property in Newfoundland, particularly in the 75 Zone and Eastern Trend. Recent drill results include highlights such as 30.59 g/t Au over 2.75 m from the 75 Zone. Ongoing drilling aims to connect the 75 Zone with the Eastern Trend, with plans for approximately 19,000 meters to be drilled this year. The exploration is supported by a new structure, the 253 Zone, found 300 m east of North Pond. Four drills are currently operational at the site.

Sokoman Minerals Corp. (TSXV: SIC, OTCQB: SICNF) and Benton Resources Inc. have reported high-grade gold assays from the Grey River Joint Venture in Newfoundland, with visible gold found up to 134.46 g/t Au. Sampling focused on a 500 m by 300 m area near Gulch Cove, where historical values reached 225 g/t Au. New drilling permits have been received, aiming for an October start. Recent geophysical surveys will refine drilling targets, as the project targets vein-hosted gold similar to the Pogo Mine in Alaska, which has produced over 4 million ounces of gold.