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Sokoman Starts Field Program / Expands Land Position at Crippleback Lake, Central NL
Phase 1 drilling demonstrates strong, porphyry-style alteration/mineralization. St. John's, Newf...
About this update from Pirate Gold Corp
[{"type":"text","content":"Sokoman Starts Field Program / Expands Land Position at Crippleback Lake, Central NLPhase 1 drilling demonstrates strong, porphyry-style alteration/mineralization.St. John's, Newfoundland--(Newsfile Corp. - August 14, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (\"Sokoman\" or the \"Company\") is pleased to provide an update on its 100%-owned Crippleback Lake Property (the \"Property\"), which straddles the Valentine Lake Shear Zone midway between the Valentine Gold Mine (Equinox Gold) and the Company's Moosehead Gold Project in central Newfoundland. Recent staking and claim purchases have expanded the Property to 530 claims (13,250 hectares) covering favourable geology and structures hosting critical mineral and precious metal occurrences (Figure 1) believed to be related to a copper/gold porphyry and/or epithermal system. The Property was originally staked by Sokoman in 2016 due to its position along the Valentine Lake Shear Zone and, strikingly similar geological environment to the Valentine Lake gold deposits, currently in pre-production development by Equinox Gold. The Property is underlain in part by the Crippleback Lake Quartz Monzonite, an equivalent, Neoproterozoic-aged igneous complex to the Valentine Lake Intrusive Complex, which hosts the Valentine Lake Gold deposit located 70 km southwest of the Property. The Rogerson Lake Conglomerate, the footwall to the Valentine Lake mineralization, also cuts through the Property. The Teck Resources, Duck Pond Mine, VMS deposits, which closed in 2015, are also located 15 km to the southwest. (NB: Rock, core and soil assays and mineralization reported are not to be considered as indicative of mineralization over the entire Property, nor are they to be considered indicative of mineralization similar to other deposits in the region.)Timothy Froude, P.Geo., President and CEO, states, \"Our work to date, in conjunction with exploration over the past 50 years, has outlined what we believe to be a system consistent with porphyry copper/gold and/or epithermal gold systems worldwide. We are supported in this belief by Dr. Stephen Piercey, who has examined several holes from the 2024 Phase 1 diamond drilling program and states; \"This area has historically been the focus for VMS exploration, but the abundance of sericite-illite alteration, coupled with local montmorillonite ...