Sokoman Minerals Corporation (QB) (SICNF) 銘柄情報

Little-known fact--many of the world's richest men and women made their fortunes by investing in mining companies.

I believe the entire gold exploration market has been blown up over the past two years. Whether Sokoman can recover is yet to be seen. I hope it can but they need to show more than just drilling. JMO

The price seems to want to build a base. They have to drill out to determine the size claim.

Monthly Chart

I want this company to be successful but so far it's no more than a pin cushion. Too much drilling. JMO

Emerging Growth Conference Presentation



OBV put in a low in November.
Daily Chart

At this point, the company should refund the PPO shareholders that was completed just a few months ago. Approx. $.28 Canadien. Pretty ugly.

I have one recommendation for Tim. Hire a professional promotion company. Not a pump n dump firm but professionals. Currently, the market has no interest in Sokoman. Interviews on Rocks n Stocks are not working.

I learned and worked for a very successful and wealthy businessman (top 300 wealthiest in the world from Forbes magazine) that in order to be successful you have to surround yourself with successful people. Tim may have successful miners, geologist, operational people, etc. but I don't see any successful marketing people involved.

JMO

Anyone hearing any news birdies??

Ya, massive hit for the company!! Rocks and Stocks thinks we hit our first jewelry box. Good things to come here

Another breakthrough for the company. Huge intersection finding and many assay samples should provide more great news. Hold on for the ride!

Not sure why the market doesn't like this company anymore. It started tumbling beginning of last summer and never recovered since. Maybe once the assays return with positive results the market may respond favorably. I emailed Tim (CEO) twice but no reply. Cathy (investor relations) replied last December mentioning a turnaround beginning 2022 but that never happened. Good news happened but no market interest.

Can't seem to get a break on the share price. SP continually drops even when gold and the markets are up.

This board seems to be dead like Sokoman's pps. I tried to get a reply from a couple of emails I sent to Tim Froude, CEO but no response. I guess I will get out while I still have a few pennies profit. Very disappointed in this company's performance. I don't think the market cares about the news since the pps has tumbled 60%-70% since June. GLTA

60% drop and continues to drop despite good news. Something isn't right. Maybe there are too many junior exploration companies and the market isn't interested. Poor marketing for this company. You can't just rely on the drill. JMO

http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+USA/FEATURED1371118/Timothy+Froude+PGeo+President+and+CEO+Sokoman+Minerals+Corp+(TSXV+SIC+OTCQB+SICNF)+Discusses+Its+Portfolio+of.htm

Correction. Now over 50% drop. Tried emailing the company but no reply. Any thoughts?

Why did the stock drop 40% in the last 2-3 weeks but yet have all this great news? I'm stumped.

SOKOMAN ANNOUNCES ADDITIONAL HIGH-GRADE RESULTS FROM THE MOOSEHEAD PROJECT, CENTRAL NEWFOUNDLAND
July 6, 2021
Press
New Visible-Gold-Bearing Boulders Discovered with Values up to 14 g/t Au

St. John’s, NL, July 6, 2021 – Sokoman Minerals Corp. (TSXV:SIC) (OTCQB:SICNF) (the “Company” or “Sokoman”) is pleased to announce that ongoing Phase 6 drilling at the 100%-owned Moosehead Property in central Newfoundland has intersected additional high-grade gold mineralization at both the Eastern Trend and South Pond Zones. In addition, prospecting in an area 300 m 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.

Tim Froude, President and CEO of Sokoman, says: “We are extremely pleased with the results from the early stages of this summer exploration program at Moosehead. 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.”

The following table highlights results to date from the ongoing Phase 6 drilling program.
Moosehead Project, Central Newfoundland table of results

Core lengths – believed to be 70% to 90% of reported lengths.
** Follow-up logging and sampling was completed after priority core was logged and sampled.
Italicized text and figures denote new assays, all others are previously released.
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 mineralization.
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 mineralized 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.
Footwall Splay/Eastern Trend Main Zone
Moosehead Gold Project Newfoundland table of results 2021

Previously released uncut drilling results. Lengths are core lengths and believed to be 70-90% true thickness.
About the Moosehead Gold Project

The 100%-owned Moosehead Gold Project is located along the Trans-Canada Highway in north-central Newfoundland, on the same structural trend as the advanced Valentine Lake Project (Marathon Gold) and adjacent to New Found Gold’s Queensway Project. Both the Moosehead and Queensway projects are targeting high-grade, turbidite-hosted, Fosterville-type gold mineralization. At least five zones of significant gold-bearing mineralization have been identified to-date at Moosehead and multiple high-priority targets independent of the known zones remain to be tested. The Company has completed approximately 18,000 m of a 50,000 m drill program at Moosehead.
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.
Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland and Labrador for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire-assay methods. Total pulp metallic analysis includes: the whole sample being crushed to -10 mesh; then pulverized to 95% -150 mesh. The total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted, is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.
About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The Company’s primary focus is its portfolio of gold projects: flagship 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 northwestern Newfoundland, which is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. 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 – 1,500 sq. km), making it one of the largest landholders in Newfoundland, 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 that has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby 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 Moosehead Project through the Junior Exploration Assistance Program.

Moosehead Phase 6

Moosehead Phase 6
moosehead gold project phase 6 map


Moosehead Plan Map Phase 6 as of 29 Jun 2021
Moosehead plan map phase 6 2021





To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Looks like warrants are being sold causing a 20% drop in the pps over the past few days. It's time for an upside based on recent news.

SIC.V our newfoundland goldie has been an epic play....the magic ball says, more to come!!

Coming off a long base formation.

https://www.etrade.wallst.com/v1/news/marketnews/marketnews.asp?ChallengeUrl=https://idp.etrade.com/idp/SSO.saml2&reinitiate-handshake=0&AuthnContext=authenticated&env=PRD&docKey=1-SN20210518006680-006680&DMSourceID=DJNF&Source=BW&DisplayName=BusinessWire&docDate=2021-05-18%2011%3A40%3A00&headline=Sokoman%20Announces%20Additional%20High-Grade%20Results%20from%20the%20Moosehead%20Project%2C%20Central%20Newfoundland

That's the hope. Coat-tails of NFG. See what happens. I'm in just in case it blows up. GLTY.

From everything I read about this company it seems they are on the trail of a large finding. Just raised more money from a ppo that will allow them to keep on drilling. I think this one will climb fast once the assays show lots of gold. JMO

From everything I read about this company it seems they are on the trail of a large finding. Just raised more money from a ppo that will allow them to keep on drilling. I think this one will climb fast once the assays show lots of gold. JMO

Grabbed a starter today.

After viewing a recent video I think this stock will soar as soon as they prove their findings.

Up 13% today.

This chart shows where Sokoman stands with their reported intervals to other top drill programs. Pretty Impressive!

SICNF: effective Feb. 13,2019 Sokoman Iron Corp. will change to Sokoman Minerals Corp.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Sokoman Iron Closes Non-brokered Flow-Through Private Placement

St. John's, New Foundland--(Newsfile Corp. - December 31, 2018) - Sokoman Iron Corp. (TSXV: SIC) (OTCQB: SICNF) ('Sokoman' or 'the Company') is pleased to announce that the TSX Venture Exchange has accepted for filing documents to close a flow-through, non-brokered private placement (the "Placement") for total proceeds of $1,175,000 consisting of 5,875,000 Flow-Through Units (the "FT Units") at a price of $0.20 per FT Unit. Each FT Unit consists of one flow-through common share and one-half of a common share purchase warrant. Each full warrant is exercisable into one common share at a price of 35 cents per share for a period of 18 months from closing.

All securities issued pursuant to the Placement are subject to a 4-month hold period. The finder's fees associated with the transaction were $46,500. The proceeds of the financing will be used to advance the Company's flagship Moosehead Gold Project.

Tim Froude, President and CEO of Sokoman stated: "It is most gratifying to start the New Year with a top up of our treasury made possible by several flow-through funds, Mr. Eric Sprott, other insiders and some investment advisors. We have an aggressive drill program planned to begin in January once we have received, studied and press released the balance of the assays from our Phase 2 Program at our Moosehead gold property in Central Newfoundland."

The Placement was effected with insiders of the Company subscribing for 1,375,000 FT Units for aggregate subscription proceeds of $275,000, that portion of the financing a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority approval requirements set out in MI 61- 101. The Company is exempt from the formal valuation requirement of MI 61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than the 25% of the Company's market capitalization. Additionally, the Company is exempt from minority shareholder approval under sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Units nor the consideration received in respect thereof from interested party exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the transaction. Material change reports were not filed 21 days prior to the closing of the financing because insider participation had not been established at the time the financing was announced.

Eric Sprott acquired 1,250,000 FT Units pursuant to the Placement. Prior to the Placement, Mr. Sprott owned 13,350,000 common shares and 13,350,000 common share purchase warrants of the Company representing approximately 13.4% of the issued and outstanding common shares of the Company on a non-diluted basis and 23.7% on a partially diluted basis. As a result of the Placement, Mr. Sprott is the owner of 14,600,000 common shares and 13,975,000 common share purchase warrants of the Company representing approximately 14.7% of the issued and outstanding common shares of the Company on a non-diluted basis and 25.2% on a partially diluted basis. The above percentages are calculated based on 99,308,809 common shares issued and outstanding after giving effect to the Placement.

The FT Units were acquired by Mr. Sprott for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities of the Company either on the open market or through private acquisitions or sell securities of the Company either on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. A copy of Mr. Sprott's early warning report will appear on the Company's profile on SEDAR and may also be obtained by calling (416) 362-7172 (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J2).

About Sokoman Iron Corp.

Sokoman Iron Corp. (TSXV: SIC) is a discovery-focused company with projects in Newfoundland & Labrador, Canada. Sokoman's primary focus is its portfolio of gold projects in Central Newfoundland. The Company also has interests in early-stage gold, base-metal and antimony projects in Newfoundland, as well as a 100% interest in the Iron Horse (Fe/V/REE) project in Western Labrador.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tfroude@sokomaniron.com

Cathy Hume,
Investor Relations
416-868-1079
cathy@chfir.com