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Sokoman Provides Drilling Update - Moosehead Gold Project, Central Newfoundland
ST JOHNS, NL / ACCESSWIRE / September 14, 2023 / Sokoman MineralsCorp. (TSXV:SIC)(OTCQB:SICNF) (...
About this update from Pirate Gold Corp
[{"type":"text","content":"Sokoman Provides Drilling Update - Moosehead Gold Project, Central NewfoundlandST JOHNS, NL / ACCESSWIRE / September 14, 2023 / Sokoman MineralsCorp. (TSXV:SIC)(OTCQB:SICNF) (\"Sokoman\" or the \"Company\") is pleased to provide the following update on the ongoing drilling program at the 100%-owned Moosehead gold project. Diamond drilling in the 463 Zone and adjoining footwall environment has intersected gold mineralization which helps to determine the plunge of the favourable structure hosting the 463 Zone and other proximal parallel mineralized zones in the footwall under the main Eastern Trend. The best intersections from the drill holes reported today are MH-23-536 and 542, which targeted the down-plunge extension of the 463 Zone which has an earlier intercept of 39.60 m grading 12.50 g/t Au including 10.5 m @ 41.97 g/t Au (see the December 15, 2022 news release).Tim Froude, President and CEO of Sokoman, says: \"Drilling will continue at Moosehead with two rigs, focused mainly on testing the Alpha IP targets outlined last winter. We have also begun trenching near-surface IP anomalies and soil geochemical anomalies. We are also defining a deeper target, below 500 metres, using our understanding of the structural geology of the main Eastern Trend from consultant, Dr. David Coller. We expect to be drilling until the Christmas break.\"The table below gives the drill results for the 463, South Pond, and 75 Zones and also several reconnaissance holes.*80-90% true thicknessDrill Plan MapDrill holes MH-23-536 and 542 were drilled to follow up a 1.4 m intersection of visible gold-bearing quartz veins that gave 12.41 g/t Au from 409.75 m downhole (see the April 13, 2023 news release) an 80 m step-out, 56 m down plunge, from MH-22-463 in the 463 Zone. Results indicate that the zone remains open down-plunge. Other holes testing the 463 Zone area returned only anomalous results.The South Pond drilling focused on the down-plunge extension of drill holes MH-20-123 - 5.00 m @ 26.87 g/t Au and MH-20-141 - 4.20 m @ 64.00 g/t Au (see the July 20, 2021 news release). Multiple zones of lower-grade gold mineralization were intersected suggesting the zone remains open to depth.The 75 Zone was tested with three holes with only one hole (MH-23-529) giving significant mineralization. Additional drilling is planned to try to extend the high-grade mine...