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Sokoman Minerals Outlines Proposed 2nd and 3rd Quarter 2022 Exploration on Newfoundland Projects
Drilling expected to be ongoing on three projects by end of Q2, 2022 ST. JOHN'S, NL / ACCESSWIRE / May 11, 2022 / Sokoman Minerals Corp. (TSXV:SIC) (OTCQB:SICNF
About this update from Pirate Gold Corp
[{"type":"text","content":" Drilling expected to be ongoing on three projects by end of Q2, 2022 ST. JOHN'S, NL / ACCESSWIRE / May 11, 2022 / Sokoman Minerals Corp. (TSXV:SIC) (OTCQB:SICNF) (\"Sokoman\" or the \"Company\") is pleased to provide an outline of planned activities on the Company's core holdings at the Moosehead and Fleur de Lys properties, and on the strategic alliance (\"Alliance\") of three Joint Venture properties with Benton Resources Inc. (\"Benton\"). With $13M in its treasury, Sokoman has sufficient funds to undertake all the exploration activities planned for 2022. Moosehead Project At the flagship Moosehead project in Central Newfoundland, which is targeting high-grade, Fosterville-type, epizonal gold mineralization, diamond drilling is ongoing with three rigs, including a barge-based drill program launched this week after an earlier than expected spring melt. The barge drilling will focus on extending the Eastern Trend mineralization reported in MH-21-345 - 4.75 m of 20.75 g/t Au incl. 2.25 m of 39.57 g/t Au (see the January 20, 2022 press release), to the north. Approximately 48,000 metres remain to be completed in the current 100,000 m drill program that is expected to continue into the fourth quarter of 2022. Efforts will be focused on expanding the Eastern Trend to depth below the currently defined 225 m level, and on-trend to the north where the zone remains open. Drilling to infill/connect the Eastern Trend/75 Zone and the South Pond areas above the 200 m level is expected to be completed in the second quarter. Assay results for portions, or all of 50 drill holes in these areas, remain pending. Drilling will also continue in the southern half of the property where multiple till (gold grain) geochemistry and coincidental structural targets remain untested. In late March 2022, a five-hole fence targeted a combined magnetic and C horizon till anomaly (54 gold grains) 1.0 km southwest of the South Pond Zone, intersecting the assumed main Valentine Lake Shear Zone system. All five holes collared in Laurenceton Formation mafic volcanics, flows, and breccias with significant shearing, multi-stage quartz veining, and up to 5% disseminated pyrite and arsenopyrite mineralization. Assay results remain pending. Additional drilling will also test the 253 Zone where a subparallel structure carrying quartz veining and disseminated pyrite + a...