Sokoman Iron Corp. Commences Diamond Drilling at Clarks Brook, Central Newfoundland
NEWS RELEASE
Sokoman Iron Corp. Commences Diamond Drilling at Clarks Brook, Central Newfoundland
September 28, 2017 – Sokoman Iron Corp., TSX-V SIC (the “Company”) is pleased to announce the
start of the Phase 1 diamond drilling program at the recently acquired Clarks Brook property in central
Newfoundland. The property is highlighted by signi ficant gold grades in both float and bedrock
samples including a maximum of 24.5 g/t Au in float and a maximum of 19.24 g/t Au in bedrock.
The Clarks Brook prospect was staked by vendor Metals Creek (MEK) after a review of past work and
initial due diligence sampling performed on the s howing. The gold mineralization outlined on the
property consists of silicified an d disseminated pyrite/arsenopyrite be aring siltstone boulders up to 3
meters in size initially discovered by Altius Mine rals Corporation in 2004, and from which assays
ranging from 2.98 to 24.5 g/t Au were reported. In 2009, Altius completed Induced Polarization (IP)
and Magnetic geophysical surveys outlining severa l targets but no follow up drilling took place.
Subsequent field work by the vendor (MEK) resulted in the discovery in bedrock of similar style
mineralization to that of the boulders returning a grab sample assay of 19.24 g/t Au. In addition,
thirteen (13) of the large angular blocks were sampled and yielded assays ranging from 0.24 to 10.4 g/t
Au. (Note: all samples reported are grab samples and not necessarily representative of mineralization
on the property.)
The Company intends to drill up to 500 meters in 4-5 holes to test for mineralization at depths down to
50 meters vertically below surface. The program is expected to be completed by mid-October.
Timothy Froude, P. Geo., Interim CEO states, “We ar e very anxious to get underway at Clarks Brook
as the work done to date, as well as observations of the mineralizat ion, suggest a potentially broad
target. This represents the first ever drilling on the property and we are fortunate to have this
opportunity. The project also qualifies for funding a ssistance from the Province and we are grateful
for that.”
Sokoman Iron Corp. is a discovery-focused comp any with projects in Newfoundland & Labrador,
Canada. The Company’s primary focus is the Central Newfoundland Gold Project (CNGP) which
comprises the Crippleback Lake, Princess Lake and East Alder properties all straddling the emerging
Cape Ray/Valentine Lake/Alder structural zone which hosts the 2.1 M oz Valentine Lake project
(Marathon Gold MOZ-T); and the recently announced hi gh grade Wilding Lake Project (Antler Gold
ANTL-V). The company also has a 100% interest in the Iron Horse Pr oject in the eastern Labrador
Trough, and an early stage antimony (Sb) property in central Newfoundland.
This news release has been reviewed and approv ed by Timothy Froude, P. Geo., a "Qualified Person"
under National Instrument 43-101 a nd Interim CEO for Sokoman Iron Corp. For further information
please contact Timothy Froude at 709-765-1726, or by email at [email protected]
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Neither the TSX Venture Exchange nor its Regulation Serv ices Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this
release.
Investors are cautioned that trading in the securities of the Corporation should be considered highly
speculative. The TSX Venture Exchange Inc. has ne ither approved nor disapproved the contents of
this press release. Except for historical informa tion contained herein, this news release contains
forward-looking statements that involve risks and uncertainties . Actual results may differ
materially. Sokoman Iron Corp. will not update thes e forward-looking statemen ts to reflect events
or circumstances after the date hereof. More detailed information about potential factors that could
affect financial results is included in the documen ts filed from time to time with the Canadian
securities regulatory authorities by Sokoman Iron Corp.