Sokoman Minerals Reports Final Till Sampling Results Fleur de Lys Project, North-Central Newfoundland
Sokoman Minerals Reports Final Till Sampling Results
Fleur de Lys Project, North-Central Newfoundland
St. John’s, NL, December 21, 2022: – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (the
“Company” or “Sokoman”) is pleased to provide the final results for all 1,260 C-Horizon tills taken
on the Fleur de Lys project on the Baie Verte Peninsula, in north-central Newfoundland. The results
confirm the potential of the Fleur de Lys Su pergroup to host significant gold mineralization similar
to deposits at advanced stages of development in both Northern Ireland and Scotland in the Dalradian
Supergroup. The Fleur de Lys and the Dalradian Supergroups are believed to be equivalent sequences
of metamorphic rocks spatially associated with major structural breaks.
The background level of gold grains in tills for the Fleur de Lys Project (the “Project”) has been
determined to be 10 grains in a 10- to 12-kilogram sample of screened till. Ottawa-based Overburden
Drilling Management (ODM), who is overseeing the Project, considers a sample to be anomalous if
it contains two-times background or 20 gold grains. Results indicate that of the 1,260 samples, 328,
or just over 25%, have at least 20 gold grains (to a maximum of 230 grains) and are considered
anomalous. Fifty-five (55) samples contain at least 60 grains (six-times background) and a number
with more than 50% pristine gold grains. Gold grains described as pristine are considered to be from
a local bedrock source (less than 200 m transport).
In addition to the anomalous gold grains in tills, prospecting has also located anomalous gold in
bedrock and float with 34 samples giving gold values >100 ppb Au (0.1 g/t Au), including 18 >500
ppb Au (0.5 g/t Au), and 10 >1000 ppb Au (>1.0 g/t Au) with a maximum of 4.6 g/t Au. The highest
gold value was in outcrop in an area of strong gold-grain counts.
Tim Froude, President and CEO of Sokoman, commented: “We are extremely pleased with the
success of the till program in outlining strongly-anomalous gold in tills overlying favourable rocks
and structures that have given significant gold values in both float and bedrock. The property is ideally
suited to cost-effective exploration with a supportive local population, operating mines, and support
businesses. We are prioritizing the anomalies for continued follow-up prospecting, trenching, and or
fast-tracking to the diamond drill stage. Planning will include a review of data by O DM with input
from our field crews. A preliminary interpretation of the till results by ODM defines a target area of
30-km strike-length, within which better-defined anomalies are found.”
The Fleur de Lys Supergroup, which underlies the Project, are equivalent rocks to the Dalradian
Fleur de Lys Phase 1 C - Horizon Tills - Gold Grain Counts
20 grains + 40 grains + 60 grains + 80 grains + 100 grains +
328 100 35 12 8
Supergroup in the UK, where three si gnificant gold deposits , including the Curraghinalt and
Cavanacaw deposits in Northern Ireland, and Cononish in Scotland are found. Dalradian-type gold
deposits occur in moderate - to high-grade metamorphic terranes and are typically high grade ( the
Curraghinalt deposit has >6 million ounces of NI 43 -101 compliant gold resources including 6.3
million tonnes at 14.95 grams per tonne (Measured and Indicated) for 3.06 million ounces; and 7.72
million tonnes at 12.24 grams per tonne gold (Inferred) for 3.03 million ounces {2018 Mineral
Resource Statement, Curraghinalt Gold Project, Northern Ireland, SRK Consulting (Canada)}.
About the Fleur de Lys Gold Project
The 100%-owned Fleur de Lys Gold Project is located on the west side of the Baie Verte Peninsula
in north -central Newfoundland. The Project is highly prospective for Dalradian -style (e.g.,
Curraghinalt) orogenic vein -hosted gold deposits and as such, represents a readily accessible yet
underexplored, district-scale, gold target in the Newfoundlan d Appalachians. The property has seen
little modern exploration, with some areas remaining completely unexplored although historical grab
sample values of 3.3 g/t Au to 25.5 g/t Au are reported from several locations (note: historical assays
have not been verified by the Company and should not be relied upon).
QP
This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person"
under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.
Till Sampling QA/QC
The till samples were collected by Sokoman personnel using field collection techniques provided by
ODM. All samples were hand dug to the desired depth (C -Horizon Till) with a 10 - to 12-kg sieved
sample (8 mesh) placed in a clear plastic sample ba g and sealed. Samples were shipped in plastic
pails by bonded courier to the ODM lab in Ottawa, Ontario. The till samples are processed using
procedures designed to progressively concentrate the heavy minerals, expose the gold grains and
prepare a split of the heavy mineral concentrate (“HMC”) suitable for geochemical analysis if
requested. The sample is wet screened at 2 mm with a preliminary concentrate extracted from the -2
mm fraction by tabling. Geological observations on the character of the sample are made during both
the screening and tabling operations. The table concentrate is purposely large (typically 300 -400 g)
and of low grade (10 %-25% heavy minerals) in order to achieve a high, 80 % to 90% recovery rate
for all desired heavy minerals irrespecti ve of their grain size or relative specific gravity. The gold
grains, more than 95% of which are normally silt-sized (Averill 2001), are observed at this stage with
the aid of micro-panning and are counted, measured and classified as to degree of wear (ie distance
of glacial transport), then returned to the table concentrate. The pyrite content of the pan concentrate
is estimated and the number of grains of heavier, visually distinctive indicator minerals such as
arsenopyrite, galena, scheelite, cinnabar, etc. is recorded.
Quality Control and Quality Assurance Measures
In addition to using field duplicates to monitor the quality of the indicator mineral data obtained from
specific projects, ODM performs blind tests to ensure that the recovery rates for all targeted minerals
are consistently in the 80% to 90% range. Furthermore, both the quality of the mineral separation and
the overall mineralogy of the concentrate are visible at every stage of the concentration process,
minimizing the potential for sample mix-ups, indicator mineral carryover between samples, and other
potential contamination issues. For example, gold grains, which are the most important indicator
mineral on many surveys, are more susceptible to inter -sample carryover than any other indic ator
mineral due to their very small size, but these grains are physically observed during the first stage of
mineral concentration, tabling, and, if anomalous concentrations are present, blank samples are tabled
and carefully inspected for gold grains before the next project sample is processed.
Rock Sample Analysis
Rock sample analysis (gold by fire assay) completed at Eastern Analytical Ltd., in Springdale NL.
Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Eastern
Analytical is an accredited assay lab that conforms to requir ements of ISO/IEC 17025. Eastern
routinely inserts industry accepted standards and blanks in all sample runs performed as well as
completing random duplicate analysis.
About Sokoman Minerals Corp.
Sokoman Minerals Corp. is a discovery-oriented company with projects in the province of Newfoundland and
Labrador, Canada. The Company's primary focus is its portfolio of gold projects; the 100% flagship, advanced-
stage Moosehead, as well as Crippleback Lake; and East Alder (optioned to Canterra Minerals Corpor ation)
along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte in north-
central Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt
and Cavanacaw deposits in Northern Ireland. The Company also entered into a strategic alliance with Benton
Resources Inc. through three, large -scale, joint-venture properties including Grey River, Golden Hope, and
Kepenkeck in Newfoundland.
Sokoman now controls , independently and through the Benton alliance , over 150,000 hectares
(>6,000 claims – 1500 sq. km), making it one of the largest landholders in Newfoundland, in Canada’s
newest and rapidly-emerging gold districts. The Company also retains an interest in an early -stage
antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in
Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping
Ore (DSO) potential.
Mineralization hosted on adjacent and/or nearby and/or referenced properties is not necessarily
indicative of mineralization hosted on the Company's property.
The Company would like to thank the Government of Newfoundland and Labrador for financial
support of the Fleur de Lys Project through the Junior Exploration Assistance Program.
For further information, please contact:
Sokoman Minerals
Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: [email protected]
Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: [email protected]
CHF Capital Markets
Thomas Do, IR Manager
Phone: 416-868-1079 x 232
Email: [email protected]
Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Investors are cautioned that trading in the securities of the Corporation should be considered highly
speculative. Except for historical information contained herein, this news release contains forward- looking
statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals
Corp. will not update these forward -looking statements to reflect events or circumstances after the date
hereof. More detailed information about potenti al factors that could affect financial results is included in
the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman
Minerals Corp.