Business
Sokoman Minerals Reports Final Till Sampling Results Fleur de Lys Project, North-Central Newfoundland
ST. JOHN'S, NL / ACCESSWIRE / December 21, 2022 / Sokoman MineralsCorp. (TSXV:SIC)(OTCQB:SICNF) ...
About this update from Pirate Gold Corp
[{"type":"text","content":"\nSokoman Minerals Reports Final Till Sampling Results Fleur de Lys Project, North-Central NewfoundlandST. JOHN'S, NL / ACCESSWIRE / December 21, 2022 / Sokoman MineralsCorp. (TSXV:SIC)(OTCQB:SICNF) (the \"Company\" or \"Sokoman\") is pleased to provide the final results for all 1,260 C-Horizon tills taken on the Fleur de Lys project on the Baie Verte Peninsula, in north-central Newfoundland. The results confirm the potential of the Fleur de Lys Supergroup to host significant gold mineralization similar to deposits at advanced stages of development in both Northern Ireland and Scotland in the Dalradian Supergroup. The Fleur de Lys and the Dalradian Supergroups are believed to be equivalent sequences of metamorphic rocks spatially associated with major structural breaks.The background level of gold grains in tills for the Fleur de Lys Project (the \"Project\") has been determined to be 10 grains in a 10- to 12-kilogram sample of screened till. Ottawa-based Overburden Drilling Management (ODM), who is overseeing the Project, considers a sample to be anomalous if it contains two-times background or 20 gold grains. Results indicate that of the 1,260 samples, 328, or just over 25%, have at least 20 gold grains (to a maximum of 230 grains) and are considered anomalous. Fifty-five (55) samples contain at least 60 grains (six-times background) and a number with more than 50% pristine gold grains. Gold grains described as pristine are considered to be from a local bedrock source (less than 200 m transport).In addition to the anomalous gold grains in tills, prospecting has also located anomalous gold in bedrock and float with 34 samples giving gold values >100 ppb Au (0.1 g/t Au), including 18 >500 ppb Au (0.5 g/t Au), and 10 >1000 ppb Au (>1.0 g/t Au) with a maximum of 4.6 g/t Au. The highest gold value was in outcrop in an area of strong gold-grain counts.Tim Froude, President and CEO of Sokoman, commented: \"We are extremely pleased with the success of the till program in outlining strongly-anomalous gold in tills overlying favourable rocks and structures that have given significant gold values in both float and bedrock. The property is ideally suited to cost-effective exploration with a supportive local population, operating mines, and support businesses. We are prioritizing the anomalies for continued follow-up prospectin...