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Sokoman Minerals Cuts Two High-Grade Intervals at Eastern Trend, Moosehead Project, Central Newfoundland: 4.6 m at 47.2 g/t Au and 8.1 m at 68.7 g/t Au
Near-Surface, High-Grade Splay Identified at Eastern Trend ST. JOHN'S, NL / ACCESSWIRE ...
About this update from Pirate Gold Corp
[{"type":"text","content":"Sokoman Minerals Cuts Two High-Grade Intervals at Eastern Trend, Moosehead Project, Central Newfoundland: 4.6 m at 47.2 g/t Au and 8.1 m at 68.7 g/t AuNear-Surface, High-Grade Splay Identified at Eastern Trend ST. JOHN'S, NL / ACCESSWIRE / November 19, 2020 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the \"Company\" or \"Sokoman\") 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 assay results (metallics) from MH-20-115 returned two intersections* as follows:upper interval of 47.20 g/t Au over 4.60 m from 64.00 m downholelower interval of 68.70 g/t Au over 8.10 m from 111.20 m downhole*reported lengths are core lengths and are believed to be 60 to 70% true thicknessRush assays for MH-20-116, located 10 m further south of MH-20-115, also intersected 2 zones, including an upper interval of 11.85 g/t Au over 1.80 m from 54.50 m downhole, and a lower interval of 2.94 g/t Au over 4.30 m, including 7.57 g/t Au over 1.25 m, from 183.80 m downhole. Tim Froude, President and CEO of Sokoman, says: \"The drill results continue to demonstrate the high-grade nature of the gold mineralization at the Moosehead Project. They also reinforce the importance of tighter drill hole spacing in these Fosterville style gold systems which provide key insights into high-grade gold variability and orientation. The Phase 6 program is continuing with one drill due to limited equipment availability given the high level of exploration in the province. As a result, we will be testing high-priority targets defined by till and magnetic surveys while we wait for all the pending assay results. We expect the drilling to continue into 2021, since several targets require winter conditions to allow access and we are also applying for permits for ice-based drilling in the winter.\"The upper intervals in MH-20-115 and 116 are interpreted to occur in a footwall splay off of the upper levels of the main Eastern Trend and correlate with an intercept in MH-18-01 (located ten metres to the north) that assayed 7.11 g/t Au over 1.25 m. MH-18-01 also included a higher-grade subinterval of a visible gold b...