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Sokoman Reports Additional High-Grade Gold Assay Results at Moosehead Project, Central Newfoundland: 4.0 m at 24.92 g/t Au, Including 1.60 m at 61.68 g/t Au from Footwall Splay Zone
ST. JOHN'S, NL / ACCESSWIRE / January 29, 2021 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SIC...
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[{"type":"text","content":"Sokoman Reports Additional High-Grade Gold Assay Results at Moosehead Project, Central Newfoundland: 4.0 m at 24.92 g/t Au, Including 1.60 m at 61.68 g/t Au from Footwall Splay ZoneST. JOHN'S, NL / ACCESSWIRE / January 29, 2021 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the \"Company\" or \"Sokoman\") is pleased to announce that ongoing Phase 6 drilling at the 100%-owned Moosehead Property continues to intersect near-surface, high-grade gold mineralization at the recently recognized Footwall Splay that adjoins the Eastern Trend Main Zone. Diamond drill holes MH-20-132 and MH-20-127, drilled prior to the Christmas break, have both returned high-grade gold values.Metallic assay results (rush priority analysis) from MH-20-132 and MH-2-127 returned the following:1) MH-20-132 - 4.0 m at 24.92 g/t Au, incl. 1.60 m at 61.68 g/t Au from 70.50 m downhole2) MH-20-127 - 1.30 m at 9.23 g/t Au, incl. 0.50 m @ 22.72 g/t Au from 48.90 m downhole*reported lengths are core lengths and are believed to be 70% to 85% of true thickness In addition to the Footwall Splay mineralization, MH-20-132 also cut a lower zone of mineralization (possibly the Eastern Trend Main Zone) over 22.10 m (core length) averaging 1.65 g/t Au, including higher grade zones of up to 2.80 m of 4.36 g/t Au starting at 96.90 m downhole. This zone remains open and will receive further testing.Tim Froude, President and CEO of Sokoman, says: \"We are very pleased to report that the high-grade Footwall Splay has been expanded by about 27 metres and now has both a strike length and a down-dip length of approximately 40 m (the zone is largely flat-lying). The splay has been intersected in at least 5 drill holes - MH-18-01, MH-20-115, MH-20-116 - and now also MH-20-127 and MH-20-132 (see plan map for intersections). The mineralization in MH-20-132 and 127 extends the zone at least 27 m and remains open to the north, south and west. It is believed that the Splay merges with the adjacent Main Zone located immediately to the east. Mineralized zones of this nature include the high-grade Swan Zone at Fosterville in Australia which has limited strike and variable dip components in a geological setting analogous to Moosehead. A second drill rig will be mobilized in early February to test high-priority targets from the 2019/20 magnetics and till sampling programs. We expect a steady f...