Sokoman Minerals Reports Highest Gold Grain Counts to Date in Till Fleur de Lys Project, North-Central Newfoundland District-scale Gold Anomaly Emerges
Sokoman Minerals Reports Highest Gold Grain Counts to Date in Till
Fleur de Lys Project, North-Central Newfoundland
District-scale Gold Anomaly Emerges
ST. JOHN'S, NL / ACCESSWIRE / April 8, 2022 / Sokoman MineralsCorp.
(TSX.V:SIC)(OTCQB:SICNF) (the "Company" or "Sokoman") is pleased to provide an updated
summary of the results from Phase 1, C Horizon Till survey at the Fleur de Lys Gold Project. This
update also summarizes pertinent assay data from 167 rocks (grab samples from float and outcrop),
out of a total of 330 samples collected during prospecting prior to and during the till sampling.
A total of 968 till samples were collected in 2021, mainly on lines spaced 1.5 km to 2 km apart, with
sample spacing along the lines of 250 m. Approximately 100 till samples of that total were collected
as infill samples, in areas of anomalous gold grain counts. To date, 880 till samples have been
processed by Ottawa-based Overburden Drilling Management (ODM), that is overseeing the
project. Sokoman has previously provided a summary of results for the first 400 of these samples
(October 6, 2021, news release). Today's release summarizes results for 480 additional samples.
The following table summarizes the results for all 880 samples processed by ODM to date.
Based on discussions with ODM, background gold grain counts are herein determined to be 10
grains per sample, whereas an anomalous sample contains at least two times background or 20 gold
grains. Of the 880 results, 190 samples have at least 20 gold grains and are considered anomalous.
The till data have outlined a district-scale, prospective corridor of approximately 30 km strike
length. The two highest values were total gold grain counts of 200 and 230, with 94 and 41 pristine
grains respectively, suggesting a local source (less than 200 metres) for some of the anomaly
clusters within the prospective corridor.
A total of 282 rock samples have been acquired, prior to and during the till survey, with results
received for 167 samples to date. Thirty-four (34) samples returned values >100 ppb Au (0.1 g/t
Au); 18 returned values >500 ppb Au (0.5 g/t Au); and ten (10) returned values >1000 ppb Au (>1.0
g/t Au), with a maximum value of 4.60 g/t Au. Follow-up prospecting and continued infill till
sampling will commence as soon as possible, upon suitable snowmelt.
Tim Froude, President, and CEO of Sokoman, says: "We are impressed with the number and
quality of anomalous till values on the property. Our geochemical exploration is defining a
potentially significant bedrock source for the gold in tills in areas with little or no previous
exploration. We are also finding significant gold values in both float and bedrock confirming that in
situ gold mineralization exists in Dalradian-equivalent rocks in Newfoundland, with several of the
strongly anomalous till areas unrelated to any known mineralization. Interpretation of the till results
by Overburden Drilling Management estimates the gross target area to be a 30 km strike length,
within which a number of better-defined anomalies are found, a priority for detailed follow up."
The Fleur de Lys Supergroup, which underlies the project, are equivalent rocks to the Dalradian
Supergroup in the Appalachian-Caledonian belt in the United Kingdom. In the latter area, three
significant gold deposits are known: the Curraghinalt and Cavanacaw deposits in Northern Ireland,
and Cononish in Scotland. Dalradian-type gold deposits occur in moderate- to high-grade
metamorphic terranes and are typically high grade (the Curraghinalt deposit has in excess of 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 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 Newfoundland 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.
COVID-19 Protocols
To ensure a working environment that protects the health and safety of the staff and contractors,
Sokoman is operating under federally and provincially mandated and recommended guidelines
during the current COVID-19 alert level.
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 kg - 12 kg sieved
sample (8 mesh) placed in a clear plastic sample bag 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 g-
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, irrespective 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
the 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 indicator 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) was completed at Eastern Analytical Ltd. (Eastern), in
Springdale NL. Samples were delivered in sealed bags directly to the lab by Sokoman personnel.
Eastern is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Eastern
routinely inserts industry-accepted standards and blanks in all sample runs performed as well as
completing random duplicate analyses.
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; flagship, advanced-stage Moosehead, Crippleback Lake (optioned to Trans Canada Gold
Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland
Gold Belt, and the district-scale Fleur de Lys project 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 recently 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 the 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 Gold Project through the Junior Exploration Assistance Program.
To learn more, please contact:
Timothy Froude, P.Geo.,
President & CEO
Cathy Hume, Director,
Investor Relations
Website:
www.sokomanmineralscorp.com
709-765-1726 416-868-1079 x 251 Twitter: @SokomanMinerals
[email protected] [email protected] Facebook: @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 potential 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.
SOURCE: Sokoman Minerals Corp.