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Sokoman Minerals Provides Phase 3 Drilling Update at Moosehead Gold Property, Newfoundland
Initial Holes from Ice Surface Intersect Shear Zone with Visible Gold Bearing Quartz Veining...
About this update from Pirate Gold Corp
[{"type":"text","content":"Sokoman Minerals Provides Phase 3 Drilling Update at Moosehead Gold Property, NewfoundlandInitial Holes from Ice Surface Intersect Shear Zone with Visible Gold Bearing Quartz VeiningST. JOHN'S, NL / ACCESSWIRE / March 1, 2019 / Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the ''Company'' or ''Sokoman'') is pleased to announce that diamond drilling operations are ongoing with two rigs, including the proposed drilling on North Pond, which began late last week. Highlights: To date, 12 holes, totaling approximately 2,500 m, have been completed utilizing two rigs, including two holes (MH-19-52 and 53) from the surface of North Pond. MH-19-52 cut a 2.50 m* wide visible gold bearing quartz vein starting at 91 m down-hole, in a broader section of weak to moderate deformation up to 10 m* thick. MH-19-53, drilled on the same section approximately 50 m up-dip, encountered a more intense structure over a 12 m* width beginning at 28 m down-hole that carried broken and disrupted sections of visible gold bearing quartz veining up to 0.30 m thick. The rig has been moved 25 m north of MH-19-52 and 53 and will begin drilling a three-hole section through the shear zone focusing on depths between 50 and 100 m below surface and will attempt to extend northwards, the mineralization believed to have been largely missed by the section hosting MH-18-19 and 20. MH-19-50, drilled on the same section as MH-18-01, intersected approximately 5 m of quartz veining with disseminated sulphide mineralization and at least 1 speck of VG beginning at 146.50 m down-hole. MH-19-45, 46 and 48 were drilled from the East side of North Pond targeting the down dip extension of the shear zone hosting mineralization intersected in MH-18-34 and 37; all three holes intersected the east dipping shear zone with thicknesses of up to 24 m with variable amounts of quartz veining and sulphide mineralization; locally, mafic dikes have intruded along the shear zone. Two holes were also completed (MH-19-43, 44) in the vicinity of historical hole MH-04-02, 500 m south of the main Eastern Trend, where previous operators noted the presence of fine visible gold in irregular veined zones hosted by strong shear/fault zones up to 10 m in thickness (maximum assay of 0.27 m @ 2.19 g/t Au). Both holes intersected sheared and veined rock similar to 04-02 (no VG noted) and samples have been...