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Sokoman Iron Drills 5.10 m of 124.20 g/t Au Including 1.10 m of 550.30 g/t Au at Eastern Trend, Moosehead Project, NL
St. John's, Newfoundland and Labrador--(Newsfile Corp. - December 14, 2018) - Sokoman Iron Co...
About this update from Pirate Gold Corp
[{"type":"text","content":"Sokoman Iron Drills 5.10 m of 124.20 g/t Au Including 1.10 m of 550.30 g/t Au at Eastern Trend, Moosehead Project, NL St. John's, Newfoundland and Labrador--(Newsfile Corp. - December 14, 2018) - Sokoman Iron Corp. (TSXV: SIC) ('Sokoman' or 'the Company')  is pleased to announce that it has received additional assay results for diamond drill holes completed on the high-grade Moosehead Project in north-central Newfoundland. The recently received results include outstanding samples from previously announced holes, as well as results (generally rush assays) representing selected intervals from holes in the Eastern Trend (see table below). Drilling operations have been suspended for the holiday period and until all outstanding assays have been received, compiled and interpreted.Drill hole MH-18-39 returned a 5.10 m (core thickness) intercept averaging 124.20 g/t Au, including a 1.10 m* visible gold bearing quartz vein averaging 550.30 g/t Au. This intercept lies 35 m up-dip (above) drill hole MH-18-01 that returned 11.90 m averaging 44.96 g/t Au, including a high-grade vein that averaged 385.85 g/t Au over 1.35 m (true thickness of vein is believed to be 90% of core length). The 5.10 m interval, beginning at a down-hole depth of 79.40 m (50 m vertically), includes two 1.0 m samples above the high-grade vein that averaged 2.89 g/t Au, as well as two 1.0 m samples below the vein which averaged 11.15 g/t Au. Assays are pending for 12.80 metres of core up-hole and 4.50 metres of core down-hole from the reported 5.10 m interval. The high-grade vein included a 0.60 m core length sample that assayed 199.99 g/t Au and a lower, 0.50 m core length sample that assayed 970.69 g/t Au. (*Note: vein true thickness estimated to be 95% of reported thickness) Other Phase 2 program highlights include:Eastern Trend mineralization extended by 34 m up-dip and at least 45 m north and 15 m south of the discovery hole MH-18-01, and remains open; MH-18-34 returned 12.40 m core length grading 2.76 g/t Au including 9.84 g/t Au over a core length of 2.25 m in a 15 m step-out to the south of MH-18-01; Gold mineralization in the Eastern Trend has now been traced to a vertical depth of 230 m and remains open;MH-18-41, drilled 25 m behind historical hole MH-02-34, intersected sulphide bearing quartz vein zones with 4 specks of visible gold and assays are pendi...