Sokoman drills high-grade near-surface gold intervals at Moosehead
(Kitco News) - Sokoman Minerals (TSX.V: SIC) (OTCQB: SICNF) announced Friday that ongoing Phase 6 drilling at the 100%-owned Moosehead property continues to intersect near-surface, high-grade gold mineralization at the recently recognized Footwall Splay that adjoins the Eastern Trend Main Zone.
According to the company’s announcement, diamond drill holes MH-20-132 and MH-20-127, drilled prior to the Christmas break, have both returned high-grade gold values, with drilling highlights include 4.0 m interval at 24.92 g/t Au, including 1.60 m at 61.68 g/t Au from 70.50 m downhole.
President and CEO Tim Froude commented, "We are very pleased to report that the high-grade Footwall Splay has been expanded by about 27 metres and now has both a strike length and a down-dip length of approximately 40 m. Mineralized zones of this nature include the high-grade Swan Zone at Fosterville in Australia which has limited strike and variable dip components in a geological setting analogous to Moosehead. A second drill rig will be mobilized in early February to test high-priority targets from the 2019/20 magnetics and till sampling programs. We expect a steady flow of results from the assays that are still outstanding to be reported in the next 3 to 4 weeks."
Sokoman Minerals is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The company's primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold's Valentine Lake project.