Sokoman Minerals Reports Strongly-Mineralized Veining in the Western Trend Bulk-Sample Trench at Moosehead Gold Project, Central Newfoundland
Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) has provided updates on its Moosehead Gold Project in central Newfoundland. The company is focusing on two bulk sample projects: a conventional sample on the Western Trend and a surgical mining technique sample with Novamera Inc. at the Footwall Splay in the Eastern Trend. Excavation is underway in Area C of the Western Trend, where a zone of quartz veining with associated mineralization has been exposed. The vein contains visible gold and abundant boulangerite and arsenopyrite. The Novamera project is in the modeling phase, with the extraction rig available in June 2025. Diamond drilling results are pending for 28 holes, and operations are on hold awaiting guidance and a structural report. The company anticipates completing the Western Trend bulk sample this year, which will provide important insights into metallurgy and gold recoveries at Moosehead.
Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ha fornito aggiornamenti sul suo Moosehead Gold Project nel centro di Terranova. L'azienda si sta concentrando su due progetti di campionamento di massa: un campione convenzionale sul Western Trend e un campione con tecnica di estrazione chirurgica con Novamera Inc. al Footwall Splay nell'Eastern Trend. L'escavazione è in corso nell'Area C del Western Trend, dove è stata esposta una zona di vene di quarzo con mineralizzazione associata. La vena contiene oro visibile e abbondante boulangerite e arsenopirite. Il progetto Novamera è nella fase di modellazione, con il rig di estrazione disponibile a giugno 2025. I risultati della perforazione diamantina sono in attesa per 28 pozzi, e le operazioni sono in pausa in attesa di indicazioni e di un rapporto strutturale. L'azienda prevede di completare il campione di massa del Western Trend quest'anno, fornendo importanti informazioni sulla metallurgia e sul recupero dell'oro a Moosehead.
Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ha proporcionado actualizaciones sobre su Moosehead Gold Project en el centro de Terranova. La compañía se está enfocando en dos proyectos de muestreo a granel: una muestra convencional en el Western Trend y una muestra con técnica de minería quirúrgica con Novamera Inc. en el Footwall Splay del Eastern Trend. La excavación está en marcha en el Área C del Western Trend, donde se ha expuesto una zona de vetas de cuarzo con mineralización asociada. La veta contiene oro visible y abundante boulangerite y arsenopirita. El proyecto de Novamera está en la fase de modelado, con la plataforma de extracción disponible en junio de 2025. Se están esperando resultados de perforación diamantina para 28 pozos, y las operaciones están en pausa a la espera de orientación y un informe estructural. La compañía anticipa completar el muestreo a granel del Western Trend este año, lo que proporcionará información importante sobre metalurgia y recuperación de oro en Moosehead.
소코만 미네랄스 Corp.(TSXV:SIC)(OTCQB:SICNF)는 중앙 뉴펀들랜드에 위치한 무스헤드 금 프로젝트에 대한 업데이트를 제공했습니다. 이 회사는 두 가지 대량 샘플 프로젝트에 집중하고 있습니다: 서부 트렌드에서의 일반 샘플과 동부 트렌드의 풋월 스플레이에서 Novamera Inc.와 협력한 외과적 채굴 기법 샘플입니다. 발굴 작업이 진행 중입니다 서부 트렌드의 C구역에서 석영 vein이 드러나면서 연관된 광물화가 노출되었습니다. 이 vein에는 가시적인 금과 풍부한 불랑제라이트 및 비소철이 포함되어 있습니다. Novamera 프로젝트는 모델링 단계에 있으며, 2025년 6월에 추출 rig가 사용 가능할 예정입니다. 다이아몬드 굴착 결과는 28개 구멍에 대해 대기 중이며, 운영은 안내 및 구조 보고서를 기다리며 보류 중입니다. 회사는 올해 서부 트렌드 대량 샘플을 완료하여 무스헤드의 금속학 및 금 회수에 대한 중요한 통찰력을 제공할 것으로 예상하고 있습니다.
Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) a fourni des mises à jour sur son Moosehead Gold Project dans le centre de Terre-Neuve. L'entreprise se concentre sur deux projets d'échantillonnage en vrac : un échantillon conventionnel sur la tendance ouest et un échantillon avec une technique de minage chirurgical à Novamera Inc. au Footwall Splay dans la tendance est. L'excavation est en cours dans la zone C de la tendance ouest, où une zone de veines de quartz avec une minéralisation associée a été exposée. La veine contient de l'or visible et une abondance de boulangerite et d'arsénopyrite. Le projet Novamera est en phase de modélisation, avec la plate-forme d'extraction disponible en juin 2025. Les résultats de forage diamanté sont en attente pour 28 trous, et les opérations sont suspendues en attente de directives et d'un rapport structurel. L'entreprise prévoit de terminer l'échantillon en vrac de la tendance ouest cette année, ce qui fournira des informations importantes sur la métallurgie et les récupérations d'or à Moosehead.
Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) hat Updates zu seinem Moosehead Gold Project im zentralen Neufundland bereitgestellt. Das Unternehmen konzentriert sich auf zwei Großprobenprojekte: eine konventionelle Probe im Western Trend und eine chirurgische Abbaumethode mit Novamera Inc. am Footwall Splay im Eastern Trend. Die Ausgrabungen sind im Gange im Gebiet C des Western Trends, wo eine Zone von Quarzadern mit zugehöriger Mineralisierung freigelegt wurde. Die Ader enthält sichtbares Gold sowie reichlich Boulangerit und Arsenopyrit. Das Novamera-Projekt befindet sich in der Modellierungsphase, mit der Entnahmebohranlage, die im Juni 2025 zur Verfügung steht. Die Ergebnisse der Diamantbohrungen für 28 Löcher stehen noch aus, und die Arbeiten liegen auf Eis, während auf Anweisungen und einen strukturellen Bericht gewartet wird. Das Unternehmen erwartet, in diesem Jahr die Großprobe des Western Trends abzuschließen, was wichtige Erkenntnisse über die Metallurgie und Goldrückgewinnung bei Moosehead liefern wird.
- Exposed quartz veining in Western Trend bulk sample trench shows visible gold and abundant mineralization
- Conventional bulk sample extraction of 1,000 cubic metres (approx. 2,700 tonnes) underway
- Partnership with Novamera Inc. for surgical mining technique bulk sample
- Lengthy lab turnaround times causing delays in receiving gold assay results
- Diamond drilling operations currently on hold
- Novamera's extraction rig not available until June 2025
ST. JOHN'S, NL / ACCESSWIRE / September 26, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to provide the following updates from the
Timothy Froude, P. Geo., President and CEO, states, "We are thrilled with the advances we've made on both bulk-sample projects and eagerly anticipate the completion of the Western Trend bulk sample this year. The exposed quartz veining is reminiscent of some of the best drill holes on the Moosehead property. This pivotal step will yield critical insights into the metallurgy and gold recoveries at Moosehead, marking a significant milestone in our project's development."
Conventional Bulk Sample - Western Trend
Three areas (labelled A, B and C on Plan Map 2) within the Western Trend were drill tested with a series of short holes to determine the best location to extract a conventional bulk sample of 1,000 cubic metres (approximately 2,700 tonnes). Area C (see Plan Map 2) was chosen, and the excavation is underway. A zone of quartz veining with associated altered and mineralized mafic dyke has been exposed in the center of the trench (see Image 1), which is believed to be linked to a 1.5 m wide quartz vein intersected in drill hole MH-24-618, which contained 25 specks of visible gold. MH-24-618 is located approximately 10 m south of the end of the exposed vein. The trench has yet to be fully excavated, with mapping and sampling to commence immediately upon completion. Preliminary examination of the exposed quartz veining has identified locally abundant boulangerite and arsenopyrite mineralization with random specks of visible gold noted in multiple locations. The final layout of the bulk sample dimensions will be completed in about two weeks once all sampling of the exposed mineralization has been done. All assays are pending.
Novamera Partnered Bulk Sample - Footwall Splay
To date, two sets of historical and Novamera drilled holes, six in total, have been surveyed by Novamera in the Footwall Splay area, and final modelling is ongoing. The objective is to define a similar-sized area to the conventional bulk sample to be extracted utilizing Novamera's surgical mining technique. Meanwhile, the Company has been informed by Novamera that the rig that will be taking the potential sample is under contract until June 2025, at which time it will be available for Sokoman's program. It is the Company's intention to use leftover material from the conventional bulk sample as ballast for the Novamera rig, saving time and cost on that program. The Company will provide further updates from Novamera as they become available.
Diamond Drilling
Recent diamond drilling has focused on outlining an area suitable for a conventional (drill and blast) bulk sample in the Western Trend. Three areas were tested with a series of short holes; to date, all assays are outstanding. The Company also anticipates results from recent drillings at the 552 Zone and several reconnaissance holes north of the Eastern Trend. Currently, gold assay turnaround times exceed six weeks, with full and partial (metallics) results pending for 28 holes shown on the drill hole plan (see Plan Map 2). Diamond-drilling operations are on hold, pending guidance from Novamera and insights from Dr. David Coller's structural report for the deep-drilling program. Dr. Coller is producing a project-scale and regional-scale structural model on which to base a deeper drilling program at Moosehead. He is integrating regional structural data from the Valentine Lake and Queensway mineralized trends and areas northeast of Moosehead, recognizing its position within a larger, complex structural domain that extends beyond our property borders. This comprehensive understanding of the regional structural history is crucial for interpreting Moosehead's structural context. We anticipate Dr. Coller's final report by late Q4 2024 or early Q1 2025.
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
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; the
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:
East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus
1% NSR)Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 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.
SOURCE: Sokoman Minerals Corp.
View the original press release on accesswire.com
FAQ
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What has been discovered in the Western Trend bulk sample trench at Moosehead?
When will Novamera's extraction rig be available for Sokoman's (SICNF) bulk sample project?
How many drill hole results is Sokoman Minerals (SICNF) currently waiting on from the Moosehead project?
