- Sokoman Minerals (TSXV:SIC) reported visible gold at its Fleur de Lys Gold Project in north-central Newfoundland
- The visible gold-bearing float, dubbed the Golden Bull Prospect, measures 300 metres in length and as yet unknown width, with numerous pieces of banded quartz weighing up to several tonnes
- Results from metallics assays of the grab samples suggest that visible gold is common in the Golden Bull Prospect’s veins with seven samples giving values from 11,131 to 148,603 ppb Au
- Sokoman Minerals last traded at $0.075 per share
Sokoman Minerals (TSXV:SIC) reported visible gold at its Fleur de Lys Gold Project in north-central Newfoundland.
The visible gold-bearing float, dubbed the Golden Bull Prospect, measures 300 metres in length and as yet unknown width, with numerous pieces of banded quartz weighing up to several tonnes.
The Golden Bull Prospect is in the northern portion of the property, four kilometres to the west of the mining town of Baie Verte.
The Golden Bull mineralization consists of strongly stylolitic (banded) quartz, with up to 2 per cent disseminated pyrite, arsenopyrite, sphalerite and minor chalcopyrite.
Results from metallics assays of the grab samples suggest that visible gold is common in the Golden Bull Prospect’s veins with seven samples giving values from 11,131 to 148,603 parts-per notation gold (ppb Au).
“The Golden Bull Prospect is an example of gold occurrences discovered using basic prospecting methods in the follow-up of our gold in till anomalies,” Sokoman’s president and CEO, Tim Froude said in a news release. “The simple mineralogy, mostly pyrite with gold, is very similar to that of the large, Curraghinalt gold deposit in Northern Ireland which lies in equivalent rocks to those at Fleur de Lys. We are carrying out a detailed B-horizon soil sampling survey in the immediate area of the Golden Bull Prospect and are also considering a high-resolution magnetic survey to identify structures that could host the Golden Bull Prospect veins.
“We are also delighted to learn that the discovery area is scheduled to be logged throughout the coming winter which will provide additional access, and possibly expose more quartz float and/or the source of the mineralized boulders, saving the company considerable exploration expense. This additional exploration is critical to help us plan an effective follow-up program including drilling.”
Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador. The company’s primary focus is its portfolio of gold projects along the Central Newfoundland Gold Belt, and the district scale Fleur de Lys project in northwestern Newfoundland.
Sokoman Minerals last traded at $0.075 per share.
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