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Sokoman Reports Additional High-Grade Gold at Eastern Trend Moosehead Gold Project, Central Newfoundland

MH-22-505 cuts 21.35 m of 9.75 g/t Au from Eastern Trend; New Zone intersected at South Pond ...

articlePirate Gold CorpFebruary 8, 20235/company/pirate-gold-corp/news/sokoman-reports-additional-high-grade-gold-at-eastern-trend-moosehead-gold-project-central-newfoundland
Sokoman Reports Additional High-Grade Gold at Eastern Trend Moosehead Gold Project, Central Newfoundland

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[{"type":"text","content":"Sokoman Reports Additional High-Grade Gold at Eastern Trend Moosehead Gold Project, Central NewfoundlandMH-22-505 cuts 21.35 m of 9.75 g/t Au from Eastern Trend; New Zone intersected at South PondST. JOHNS, NL / ACCESSWIRE / February 8, 2023 / SokomanMinerals Corp. (TSXV:SIC)(OTCQB:SICNF) (\"Sokoman\" or the \"Company\") is pleased to report significant gold mineralization intersected in the main Eastern Trend (MH-22-505) approximately 200 m up hole from the targeted 463 Zone. Hole MH-22-505 cut 21.35 m averaging 9.75 g/t Au including 7.75 m averaging 21.82 g/t Au from 199.05 m downhole. The hole deviated slightly and passed above the targeted 463 Zone. Multiple narrow quartz veins, with specks of visible gold, were intersected in the portion of MH-22-505 closest to the 463 Zone (Figure 2 and summarized in accompanying table). The veins occur at high angles to core axis, are oblique to the Eastern Trend and are north-northeast trending - points which validate the current 463 Zone model.As was reported on December 15, 2022, the 463 Zone is a significant departure in vein style/geometry from earlier drill intersections in the vicinity. The \"463\" intercept is thicker than any other to date and includes the \"typical\" high-grade vuggy-type veins with abundant VG with 5%-7% accessory boulangerite as well as brecciated veining with occasional specks of VG with minor boulangerite and sphalerite. Preliminary conclusions are that the 463 Zone is the hinge zone of a folded footwall splay vein off the lower Eastern Trend (Figure 2) with the geometry inferred to be a flat structure with a north-south trend. Initial assay results from the 463 Zone were released on September 6, 2022. The results included a 39.6 m intercept (core length) at 12.50 g/t Au (from 295.30 m downhole) including a higher-grade interval of 10.25 m at 41.97 g/t Au (from 312.35 m downhole).A second hole, MH-22-512, targeting the 463 Zone, has been collared from the west side of North Pond to be used as a pilot hole to wedge additional holes. These drill holes will test for additional folded splays unrecognized to date with the heavy bias of drilling the, moderately east-dipping, Eastern Trend from west to east.New Zone at South PondThe new 511 Zone has been intersected in two holes testing an IP response under South Pond. The intersections are 250 m south of the South...

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