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Sokoman Minerals Corp.
Summary
| Project: | Moosehead | |
|---|---|---|
| Deposit: | Eastern Trend | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/14/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-12-2018: Sokoman Minerals Corp. announces an Exploration/Drilling Update report for its Eastern Trend deposit at the Moosehead project. Drilling results incl. 5.10m @ 124.20g/t Au from 79.40m. St. John’s, NL; December 14, 2018 - Sokoman Iron Corp. (‘So | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Timothy Froude (Internal) | |
| ABSTRACT: | St. John’s, NL; December 14, 2018 - Sokoman Iron Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC) is pleased to announce that it has received additional assay results for diamond drill holes completed on the high-grade Moosehead Project in north-central Newfoundland. The recently received results include outstanding samples from previously announced holes, as well as results (generally rush assays) representing selected intervals from holes in the Eastern Trend (see table below). Drilling operations have been suspended for the holiday period and until all outstanding assays have been received, compiled and interpreted. Drill hole MH-18-39 returned a 5.10 m (core thickness) intercept averaging 124.20 g/t Au, including a 1.10 m* visible gold bearing quartz vein averaging 550.30 g/t Au. This intercept lies 35 m up-dip (above) drill hole MH-18-01 that returned 11.90 m averaging 44.96 g/t Au, including a highgrade vein that averaged 385.85 g/t Au over 1.35 m (true thickness of vein is believed to be 90% of core length). The 5.10 m interval, beginning at a down-hole depth of 79.40 m (50 m vertically), includes two 1.0 m samples above the high-grade vein that averaged 2.89 g/t Au, as well as two 1.0 m samples below the vein which averaged 11.15 g/t Au. Assays are pending for 12.80 metres of core uphole and 4.50 metres of core down-hole from the reported 5.10 m interval. The high-grade vein included a 0.60 m core length sample that assayed 199.99 g/t Au and a lower, 0.50 m core length sample that assayed 970.69 g/t Au. (*Note: vein true thickness estimated to be 95% of reported thickness) | |
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