Sokoman Minerals Corp. (TSXV: SIC)(OTCQB: SICNF) will soon be receiving assay results for 89 rock samples taken from its Fleur de Lys property in Newfoundland.
The company said on Thursday that it collected most samples from the northern part of the property, where winter logging has opened a large area of prospective ground. This includes several target areas over a six to eight square kilometer area, and the Golden Bull Prospect originally discovered in late 2023.
This brings Sokoman’s total samples to 124 since it started collecting in late 2023. Thirty-four of which returned gold values greater than 500 parts per billion (ppb) and up to a maximum of 9,020 ppb gold (9.02 g/t Au). More than half of the samples collected over the broader Golden Bull target area since 2023 have shown gold values greater than 100 ppb, indicating the potential for more undiscovered gold zones at Fleur de Lys.
The team collected and assayed 89 samples of quartz vein float and quartz vein bedrock, with 37 samples returning gold assays greater than 100 ppb gold (0.1 g/t Au). Twelve samples showed gold assays greater than 1,000 ppb gold (1.0 g/t Au), reaching a maximum of 5,472 ppb gold (5.47 g/t Au).
Five of these samples, with gold values greater than 1.0 g/t Au, were from bedrock grabs. With multiple high-priority drill targets now confirmed, preparations are underway for the upcoming Phase 1 drill program, which will focus on the Golden Bull target area. Additionally, four other areas will also be drill tested.
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Golden Bull samples reach 9.02 grams per ton of gold
Late last year Sokoman identified the Golden Bull Prospect and collected 35 rock grab samples, which returned assays up to 9.02 g/t Au. Out of the 35 samples, 17 showed assays greater than 500 ppb (0.50 g/t Au), reaching a maximum of 9,020 ppb (9.02 g/t Au).
“We are currently evaluating the bids from multiple diamond-drilling contractors while we continue to sharpen drill targets based on our 2024 (and 2023) rock sampling programs,” said Timothy Froude, president and CEO of Sokoman Minerals.
“We have received all but one of the required permits and expect the final (water-crossing) permit in the coming weeks.”
The Golden Bull Prospect is situated within a larger area of anomalous till and soil geochemistry that Sokoman has outlined since 2023, along with geochemical and geophysical (VLF-EM) anomalies identified by Noranda Inc.’s historical work in the late 1980s.
The Fleur de Lys Project is a district-scale initiative targeting gold mineralization that draws comparisons to the Curraghinalt and Cavanacaw deposits in Northern Ireland.
This project is in proximity to several significant mining endeavours.
Nearby, Calibre Mining (TSX: CXB) (OTCQX: CXBMF) is advancing the Valentine Gold Project, which has the largest undeveloped gold resource in Atlantic Canada. It has a measured and indicated resource of 3.96 million ounces (64.62 million tonnes at 1.90 g/t Au) and an inferred resource of 1.10 million ounces (20.75 million tonnes at 1.65 g/t Au). Additionally, New Found Gold Corp. (TSXV: NFG) (NYSE: NFGC) is making strides with its Queensway Project, known for its high-grade gold discoveries.
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