- Sokoman Minerals Corp. (SIC) and Benton Resources Inc. (BEX) confirmed a cesium discovery at the co-owned Hydra Zone
- The zone is on the Golden Hope Project in Newfoundland
- Results showed that the outcropping pegmatite dyke was strongly enriched in several critical minerals
- An additional 17 saw-cut samples are still pending
- Sokoman Minerals Corp. (SIC) is up 9.61 per cent trading at $0.28 per share as of 3:16 p.m. EST
- Benton Resources Inc. (BEX) is up 11.54 per cent, trading at $0.14 per share as of 3:17 p.m. EST
Sokoman Minerals (SIC) and Benton Resources (BEX) confirmed a significant high-grade cesium discovery at the Hydra Zone on the Golden Hope Project.
The co-owned project is located in Newfoundland.
Results from saw-cut channel samples and two bulk grab samples showed that the outcropping pegmatite dyke was strongly enriched in several critical minerals.
Three samples were consecutive 0.40-metre-long channel cuts which averaged 8.75 per cent lithium oxide, 0.025 per cent tantalum oxide, and 0.33 per cent rubidium oxide over a total of 1.20 metres.
Tim Froude, President and CEO of Sokoman, stated,
“Grades of this magnitude are rare… Once able, we intend to clean off as much of the dyke as we can, and the terrain should allow for sufficient stripping to occur.
An additional 17 saw-cut samples are still pending.
The cesium-rich dyke is approximately six metres wide and has been traced for approximately 100 metres along strike to where it disappears under overburden in both directions. The dyke is just northeast of the known Kraken pegmatite discovery.
The companies also announced that phase three drilling has started at the Kraken Lithium Prospect, and the initial three out of 20 drill holes have made a new discovery of spodumene-rich dykes.
Sokoman Minerals Corp. (SIC) is up 9.61 per cent trading at $0.28 per share as of 3:16 p.m. EST.
Benton Resources Inc. (BEX) is up 11.54 per cent, trading at $0.14 per share as of 3:17 p.m. EST.