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Sokoman Minerals to Resume Drilling at Moosehead Gold Project in Central Newfoundland
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Sokoman Minerals to Resume Drilling at Moosehead Gold Project in Central Newfoundland
Sep 12, 2025 10:26 AM

01:09 PM EDT, 09/12/2025 (MT Newswires) -- Sokoman Minerals ( SICNF ) on Friday it said it will resume diamond drilling at the 100%-owned Moosehead Gold Project in central Newfoundland.

The company said work will initially focus on a series of deep, 1,000 meter, downhole drill holes testing the Eastern Trend and Western Trend gold zones for depth extensions, and testing for undiscovered parallel zones.

"The time is right to go deeper than we have in the past, to downhole depths of 1,000 m, and armed with the knowledge we have gained over the past few years, hopefully locating continuous high-grade zones at depth," said Chief Executive Timothy Froude. "We expect to be on site in early October and anticipate a four- to five-week timeline to complete drilling."

The company said the first deep hole of the deep drilling program will be the most easterly hole drilled, testing from east to west the deep regional structures of the Eastern Trend and zones proximal to it. The second hole will be drilled from west to east, testing the footwall units below the Western Trend for 463-Zone-type veins, continuing to test the inferred 463 Zone Structure at about 650 m vertically below surface.

Shares of the company were last seen up $0.005 at $0.045 on the TSX Venture Exchange.

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