Sokoman Minerals Reports Visible Gold in Two of the First Three Holes From 552 Zone Winter Program at the Moosehead Gold Project, Central Newfoundland

ST.JOHN'S, NL / ACCESSWIRE / February 29, 2024 / Sokoman MineralsCorp. (TSXV:SIC)(OTCQB:SICNF) is pleased to report that two of the first three holes of the winter drill program at the 552 Zone have intersected quartz veins with visible gold. All three holes (MH-24-578 to 580), drilled on the same section from the same setup, encountered the 552 structure, with the deepest hole, MH-24-580 cutting a 2.0 m zone that included two 0.30 m to 0.50 m intervals, with up to 30 specks of fine (sub-millimetre) visible gold. All assays are pending.

Timothy Froude, P.Geo., President and CEO states; "We are pleased with the progress on the winter program at the 552 Zone. We will continue the drilling as long as weather and ground conditions allow until spring breakup. The 552 Zone area has seen limited drilling along strike and to depth and it remains open. The relationship between the 552 Zone and 253 Zone, which is located 100 m to the north, is unknown and it will also be tested in the current program which is anticipated to take six to eight weeks to complete."

The three-hole section lies 30 m to the west of MH-23-574 (see news release dated February 14, 2024) that cut 2.10 m of 5.0 g/t Au with 12 specks of sub-millimetre visible gold noted. The winter diamond drilling program is planned for 2,000 m to 2,500 m of HQ drill core focusing on a 150-m strike-length to a depth of 125 m (vertically) of the 552 Zone. Drilling has defined a continuous, roughly northwest trending, two- to five-metre-wide zone of locally vuggy (epizonal), quartz veining/quartz breccia, with 2%-3% disseminated arsenopyrite, sphalerite, boulangerite and chalcopyrite, in variably sheared to undeformed sedimentary units located approximately 400 m to the east of the main Eastern Trend mineralization, and 100 m southeast of the 253 Zone.

It is thought that the 253 Zone which was drilled assuming an east-west orientation, could be a more northerly, subparallel to parallel zone to 552. Additional drilling to the north undercutting the 552 Zone will test this possibility, as well as extend the 552 Zone to depth.

Drilling is also planned to test the upper portion of the Footwall Splay where gaps exist in the geological model linking the zone to surface. The Footwall Splay has returned some of the highest grades on the property including MH-20-115 (4.60 m grading 47.20 g/t Au from 64.0 m downhole), and MH-21-163 (5.10 m grading 30.83 g/t Au from 45.0 m downhole).