Sokoman Minerals today announces a stock option grant to officers, directors, employees and consultants of the Company, subject to TSX Venture Exchange approval, for up to a total of 3,000,000 common shares of the Company. These stock options are exercisable for five years at an exercise price of Cdn $0.22 which represents a 30% premium to a [...]
Sokoman Minerals Corp. is pleased to announce that ongoing drilling at the Moosehead Project has returned high-grade gold in a near-surface, newly recognized splay off of the main Eastern Trend. Drill holes MH-20-115 and MH-20-116 were collared to the south of discovery hole MH-18-01, as part of the Company's 10,000-metre Phase 6 program. Rush [...]
Sokoman Minerals Corp. is pleased to announce that it has received final till sampling results, including a follow-up phase of sampling, from the Moosehead Project in North Central Newfoundland. The results for the 201 total samples have identified 13 sites of anomalous gold grain counts ranging from 20 to 111 gold grains. Tim Froude, President and [...]
Sokoman Minerals Corp. is pleased to announce that it has awarded the Phase 6, 10,000 m drilling contract to Springdale Forest Resources of Springdale, Newfoundland. The contractor is presently mobilizing the first drill rig to the property and field preparations have begun, with the first core expected early next week. A second rig will be moved [...]
Sokoman Minerals Corp. is pleased to announce that it has received the necessary permits to start Phase 6 diamond drilling at the Moosehead Gold Project in Central Newfoundland and is expecting the first drill on site shortly after the Labour Day weekend. Moosehead Project The 100%-owned Moosehead Gold Project is located along the Trans-Canada [...]
Sokoman Minerals Corp. announces that it has applied to the TSX Venture Exchange to extend the expiry date on 20,010,000 share purchase warrants, issued pursuant to a Private Placement Financing in August 2018, by 1 year to August 13, 2021. The Warrants' original exercise price of $0.25 per share will not change. About Sokoman Minerals [...]
Sokoman Minerals is pleased to announce that prospecting at South Pond, 400 metres along strike to the south west of the Eastern Trend zone, has located a cluster of angular quartz float with high-grade grab sample assay results ranging from 0.318 g/t Au to 157.04 g/t Au, as well as enriched silver values up to 36.2 g/t Ag. Unusually low water [...]
Sokoman Minerals is pleased to announce drill results from the recently completed Phase 5 diamond drill program at the Company's flagship Moosehead Gold Project located in north-central Newfoundland, with the lower high-grade shoot continuing to deliver strong results. The program extended both the upper main zone and the lower high-grade shoot to [...]
Sokoman Minerals Corp. is pleased to announce that it has received final approval from the TSX Venture Exchange to close its non-brokered flow-through private placement, previously announced on June 15th, for gross proceeds of $1,482,945. The Company will issue 12,895,174 flow-through shares at a price of $0.115 per flow-through share. The private [...]
Sokoman Minerals Corp. today announces that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares . The Private Placement is expected to be filed with the Exchange on or around June 19, 2020. Sokoman intends to issue flow-through shares at a price of $0.115 per flow-through [...]
Sokoman Minerals announces that it has applied to the TSX Venture Exchange to extend the expiry date on 2,937,500 share purchase warrants, issued pursuant to a Flow-Through Private Placement Financing in December 2018, by 1 year to June 30, 2021. The Warrants' original exercise price of $0.35 per share will not change. About Sokoman Minerals [...]
Sokoman Minerals Corp. has concluded the Phase 5 drilling at the Moosehead gold property, including an additional 1,390 m in four holes, bringing the Phase 5 total to 4,619 m in 17 holes. The Phase 5 drilling was initially halted after 13 holes due to deteriorating spring field conditions and the COVID-19 pandemic. However, an extension of the [...]