Additional High-Grade Results In Central Newfoundland
Sokoman Minerals Corp. (TSXV:SIC) has intersected additional high-grade gold mineralisation at both the Eastern Trend and South Pond Zones in ongoing Phase 6 drilling at the 100%-owned Moosehead Property in central Newfoundland.
President and CEO, Tim Froude, revealed that in addition, prospecting in an area 300m to the east of North Pond, an area with minimal drilling, has located visible-gold-bearing quartz float returning 9.2 and 14.3 g/t Au from total pulp metallics assays with additional assays pending.
“We are extremely pleased with the results from the early stages of this summer exploration program at Moosehead,” Mr Froude said.
“The discovery of a new high-grade boulder train at the limits of our drilling suggests that other mineralized zones are likely to be found at Moosehead. Our experience to-date with boulders is that they are generally close to the source, given the average thickness of overburden.
“Drilling will continue and we are expecting the barge to arrive on the property in four-five weeks, permits are pending. Our drill results at the Lower Eastern Trend demonstrate good continuity and grade, and our most recent success in MH-21-191 at 165 m vertical is a great beginning as we infill the down-dip portion of the Eastern Trend.
“At South Pond, we have extended the near-surface, high-grade mineralization and are working our way to the north towards the Western Trend where this 250 m corridor has had minimal drilling, and we look forward to connecting these zones. Field work has also begun on all three JV projects with Benton Resources, and updates on all of them will be provided in the coming weeks.”
South Pond
The recent drilling has extended the mineralized zones up and down dip. DDH MH-21-190 extended the “high-grade” intersection in MH-21-123 (5 m of 26.87 g/t Au) 11 m up dip, while DDH MH-21-184 extended the new near-surface mineralized zone, discovered in MH-21-152 (3.0 m of 1.82 g/t) 15 m down dip. The style of veining and mineral assemblage (boulangerite, arsenopyrite and sphalerite) in these holes is similar to the “high-grade” zones in MH-21-190. To date, the South Pond Zone has been traced 65 m along strike and from surface to 95 m down dip, remaining open both along strike and down dip.
Footwall Splay / Eastern Trend
Drilling of the Footwall Splay and Upper Eastern Trend reflects infill and step-out results. MH-21-167 collared in a visible-gold-bearing vein returning 2.94 g/t Au over 1.2 m, extending the Footwall Splay 27 m to the south from MH-21-157, which returned 12.39 g/t Au over 3.5 m including 28.57 g/t Au over 1.50 m from 36.3 m downhole.
The Footwall Splay currently has a 175 m N-S strike length over a minimum width of 25 m. MH-21-178 tested the Upper Eastern Trend returning 4.72 g/t Au over 1.10 m from 30.20 m downhole, 25 m vertically below surface.
Additional drilling will be carried out using a barge-based program on North Pond with the drill contractor modifying the barge to accommodate the drill. Sokoman anticipates starting this program in 4-6 weeks.
The Lower Eastern Trend was tested by MH-21-191, which returned 21.86 g/t Au over 3.60 m including 43.47 g/t Au over 1.80 m at a downhole depth of 244 m, a 9 m step-out from MH-16-62, which returned 22.35 g/t Au over 7.20 m including 33.59 g/t Au over 4.80 m.
Holes MH-21-163 and 165 both report shoulder and infill sampling, which enhances previously released results, including additional zones of mineralisation.
High-Grade Boulders
Prospecting in the fall of 2020 discovered a cluster of angular quartz boulders 300 m to the east of North Pond with trace pyrite and arsenopyrite assaying <1 g/t Au. Recent follow-up prospecting, taking advantage of low water levels, located quartz boulders 20 m ESE of the original cluster. The new boulders carry arsenopyrite and lesser boulangerite and sphalerite, with multiple sights of fine visible gold.
Two samples submitted for total pulp metallics and gravimetric finish analysis gave 14.81 g/t Au and 9.36 g/t Au. Prospecting along nearby brooks has located similar mineralised boulders with visible gold 250 m to the northeast, assays are pending.
The boulders occur along a prominent northeast-trending structural lineament in the east-central portion of the property coinciding with strong linear magnetic and possibly associated VLF-EM anomalies.
Three widely-spaced drill holes, completed earlier this year in the general area, did not adequately test this near-surface target. Additional drilling is planned.
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