Sokoman Minerals Reports Visible Gold at Fleur de Lys Gold Project North-Central Newfoundland

Newly Discovered Golden Bull Prospect Reports 9.02 g/t Au

ST. JOHN'S, NL / ACCESSWIRE / October 4, 2023 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the "Company" or "Sokoman") is pleased to announce that ongoing exploration at Fleur de Lys has outlined an area of very angular, visible gold-bearing float dubbed the Golden Bull Prospect, measuring 300 m in length and as yet unknown width, with numerous pieces of banded quartz weighing up to several tonnes (see Photo 1). The Golden Bull Prospect is located in the northern portion of the property, four km to the west of the mining town of Baie Verte.

In 1988, Noranda Exploration reported gold from two bedrock occurrences (Castor Pond and Castor Pond North) with grab samples to 7.46 g/t Au, and channel samples to 8.49 g/t Au over 0.40 m, approximately 500 m to the southwest of the Prospect. Noranda drilled a single hole (CP-88-01) at the Castor Pond occurrence, with only anomalous values intersected including 0.42 g/t Au over 0.20 m and 0.30 g/t Au over 0.30 m. Mineralization described in the core log for CP-88-01 (a quartz breccia) does not resemble the Golden Bull Prospect mineralization. No other drilling has been carried out on the property.

Tim Froude, President and CEO of Sokoman, commented: "We see increasing potential for a significant gold deposit with every round of work we do. 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. 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.