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Sokoman Provides Exploration Update at Moosehead Gold Project, Central Newfoundland
Drilling resumes with rigs at the South Pond and 463 Zone target areas ST. JOHN'S, NL / ACCES...
About this update from Pirate Gold Corp
[{"type":"text","content":"Sokoman Provides Exploration Update at Moosehead Gold Project, Central NewfoundlandDrilling resumes with rigs at the South Pond and 463 Zone target areasST. JOHN'S, NL / ACCESSWIRE / July 10, 2023 / Sokoman MineralsCorp. (TSXV:SIC)(OTCQB:SICNF) (\"Sokoman\" or the \"Company\") today provides the following update on the Moosehead project, including the re-commencement of the 100,000 m+ Phase 6 diamond drilling program, proposed summer work plans, and an update on the structural model.Tim Froude, President and CEO of Sokoman says: \"Several programs were active during a recent pause in drilling including re-examining a large number of earlier holes to garner more structural and mineralization details; re-visiting the structural model with Dr. Coller (ongoing); and reconnaissance-level soil sampling over relatively unexplored areas of the property. We have also commenced a review of historical geophysical surveys to pull additional targeting information from, as well as consideration of possibly completing additional geophysics at Moosehead. We are truly excited by the ongoing work of Dr. Coller who has defined the footwall environment as a prime target area for high-grade vein zones similar to MH-22-463. This also explains several other historical \"isolated\" hits in the footwall that could never really be properly explained or fit in with the model at the time.\"The summer diamond drilling program started on June 12 with two drill rigs.Targets for the first drill include testing a potential extension of a high-grade shoot that plunges north from the 75 Zone to where hole MH-21-263 intersected 4.80 m @12.86 g/t Au from 184.10 m. Three holes are planned for this section and then the rig will move to South Pond, following up on previously reported drilling including intersections in MH-20-123 (5.00 m @ 26.87 g/t Au) and MH-20-141 (4.20 m @ 64.00 g/t Au). The South Pond Zone remains open to depth. Recent re-modeling of mineralized zones at Moosehead suggests that the intersection in MH-21-344 (previously reported 2.27 g/t Au over 4.0 m including 9.70 g/t Au over 0.50 m), may be linked to the South Pond Zone at depth. The intersection in MH-21-344 is 200 m down plunge from the current modeled South Pond Zone. At least six holes totaling 1500 m -1800 m are proposed for the South Pond drilling.Targets for the second drill rig include t...