Sokoman Provides Project Update, Moosehead Gold Project, Central Newfoundland
Sokoman Minerals (TSXV:SIC)(OTCQB:SICNF) has provided an update on its Moosehead Gold Project. The company completed 1,325m of drilling across 19 holes at the Western Trend, with 13 holes intersecting visible gold-bearing quartz veins. The drilling program tested 100m of strike to 80m down dip, with the zone remaining open.
Metallurgical testing results showed impressive gold recoveries, with bulk gravity testing of quartz vein samples yielding 82.0-83.0% recovery, and subsequent leaching of gravity tailings achieving 95.0-96.6% recovery. The company plans a conventional bulk sample collection in Q2 2025, pending final permits.
Sokoman Minerals (TSXV:SIC)(OTCQB:SICNF) ha fornito un aggiornamento sul suo Progetto Oro Moosehead. L'azienda ha completato 1.325m di perforazioni su 19 fori nella Tendenza Occidentale, con 13 fori che hanno intersecato vene di quarzo contenenti oro visibile. Il programma di perforazione ha testato 100m di estensione fino a 80m in profondità, con la zona che rimane aperta.
I risultati dei test metallurgici hanno mostrato recuperi di oro impressionanti, con prove di gravità bulk sui campioni di vene di quarzo che hanno fornito recuperi tra l'82.0% e l'83.0%, e la successiva lisciviazione dei residui di gravità ha raggiunto recuperi del 95.0-96.6%. L'azienda prevede una raccolta convenzionale di campioni bulk nel secondo trimestre del 2025, in attesa dei permessi finali.
Sokoman Minerals (TSXV:SIC)(OTCQB:SICNF) ha proporcionado una actualización sobre su Proyecto de Oro Moosehead. La empresa completó 1,325m de perforaciones en 19 agujeros en la Tendencia Occidental, con 13 agujeros que intersectaron vetas de cuarzo que contienen oro visible. El programa de perforación probó 100m de extensión a 80m de profundidad, con la zona permaneciendo abierta.
Los resultados de las pruebas metalúrgicas mostraron recuperaciones de oro impresionantes, con pruebas de gravedad en masa de muestras de vetas de cuarzo que arrojaron recuperaciones del 82.0-83.0%, y la posterior lixiviación de los residuos de gravedad logrando recuperaciones del 95.0-96.6%. La empresa planea una recolección convencional de muestras a granel en el segundo trimestre de 2025, a la espera de permisos finales.
소코맨 광물(Sokoman Minerals) (TSXV:SIC)(OTCQB:SICNF)은 무스헤드 금 프로젝트에 대한 업데이트를 제공했습니다. 이 회사는 서부 트렌드에서 19개의 구멍에 걸쳐 1,325m의 시추 작업을 완료했으며, 그 중 13개의 구멍에서 금이 포함된 석영 정맥을 발견했습니다. 시추 프로그램은 100m의 범위에서 80m의 깊이까지 테스트되었으며, 이 구역은 여전히 열려 있습니다.
금속 공학 테스트 결과는 인상적인 금 회수율을 보여주었으며, 석영 정맥 샘플에 대한 대량 중력 테스트에서 82.0-83.0% 회수율을 기록했으며, 이후의 중력 잔여물 리칭에서 95.0-96.6% 회수율을 달성했습니다. 이 회사는 최종 허가가 나오는 대로 2025년 2분기에 일반 대량 샘플 수집을 계획하고 있습니다.
Sokoman Minerals (TSXV:SIC)(OTCQB:SICNF) a fourni une mise à jour sur son projet aurifère Moosehead. L'entreprise a réalisé 1 325 m de forage à travers 19 trous dans la Tendance Ouest, avec 13 trous intersectant des filons de quartz porteurs d'or visibles. Le programme de forage a testé 100 m de portée jusqu'à 80 m de profondeur, avec la zone restant ouverte.
Les résultats des tests métallurgiques ont montré des récupérations d'or impressionnantes, avec des tests de gravité en vrac sur des échantillons de filons de quartz affichant un taux de récupération de 82,0 à 83,0 %, et l'ensuite lixiviation des résidus de gravité atteignant un taux de récupération de 95,0 à 96,6 %. L'entreprise prévoit une collecte conventionnelle d'échantillons en vrac au deuxième trimestre 2025, en attendant les permis finaux.
Sokoman Minerals (TSXV:SIC)(OTCQB:SICNF) hat ein Update zu seinem Moosehead Gold-Projekt bereitgestellt. Das Unternehmen hat 1.325 m Bohrungen in 19 Löchern im Western Trend abgeschlossen, wobei 13 Löcher sichtbare goldhaltige Quarzader durchbohrt haben. Das Bohrprogramm testete 100 m Streichen bis zu 80 m in der Tiefe, wobei die Zone weiterhin offen bleibt.
Die Ergebnisse der metallurgischen Tests zeigten beeindruckende Goldgewinne, mit einer großflächigen Schwerkraftprüfung von Quarzadern mit einer Rückgewinnung von 82,0-83,0 % und einer anschließenden Laugung der Schwerkraftrückstände mit einer Rückgewinnung von 95,0-96,6 %. Das Unternehmen plant im zweiten Quartal 2025 eine konventionelle Sammlung von Baulosen, vorbehaltlich der endgültigen Genehmigungen.
- 13 out of 19 drill holes intersected visible gold-bearing quartz veins
- High gold recovery rates: 82-83% from gravity testing and 95-96.6% after leaching
- Zone remains open for potential expansion
- All assay results are pending until Q1 2025
- Drilling program paused for Christmas break (Dec 19, 2024 to mid-Jan 2025)
13 of 19 holes at the Western Trend intersect gold-bearing quartz veins
ST. JOHN'S, NL / ACCESSWIRE / December 12, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to provide an update on the Moosehead Project. The previously announced (see press release dated November 27, 2024) Western Trend diamond-drill program is progressing well, with 1,325 m in 19 holes completed. The drilling is testing the area of the recently completed Western Trend Trench (Figure 1) which is the future site of the planned conventional (drill and blast) bulk sample. Thirteen (13) of the holes intersected visible gold-bearing quartz veins and vein swarms (Photos 1 and 2), similar to the exposures in the trench. All assays are pending and expected early in Q1 2025. Drilling will continue until the Christmas break (December 19, 2024, to mid-January 2025).
The drilling program is testing the strike/dip extents of the newly discovered, east-west trending, gold-bearing vein network, which is a splay off the main north-trending vein system in the trench. Drilling to date has tested 100 m of the strike to 80 m down dip with the zone remaining open. The deeper holes target the potential high-grade plunge of the intersection point between the east-west trending splay and the main north-trending vein system. The new vein system setting is similar to the high-grade Footwall Splay trending off the main Eastern Trend approximately 200 m to the east. The trenching was initiated for a conventional (drill and blast) bulk sample from the Western Trend, with final permits expected soon, and bulk-sample collection is planned for Q2 2025.
The Company is also pleased to report additional Phase 1 metallurgical results from Base Met Labs in Kamloops, B.C., for scoping-level, metallurgical tests of the Western Trend gold mineralization. Gold recoveries from the bulk gravity testing of the quartz vein sample returned
Timothy Froude, P.Geo., President and CEO, states, "With the drilling program largely complete at the Western Trend, we expect to have a sample plan in hand early in Q1 2025 with collection of the bulk sample following once all permits have been received. We are evaluating several options for the sample processing, with the aim of deciding by mid-to-late Q1 2025. We also look forward to continued good gold intersections in the Western Trend drilling program, where we have had excellent success. The metallurgical work on the quartz vein portion of the planned bulk sample has yielded excellent recoveries. We are expecting a formal proposal from Novamera on the planned Footwall Splay Zone bulk sample to be taken later in 2025 using its proprietary technology. It looks like 2025 will be a great year for the Moosehead Project and indeed for Sokoman as a whole."
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 with projects in the province of Newfoundland and Labrador, Canada. 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. The agreement provides for Piedmont to earn up to
Projects optioned with optionee fully vested are:
East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus
1% NSR)Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus
1% NSR)
The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.
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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