Drills are spinning again at Moosehead! Sokoman Minerals is resuming drilling to unlock more high-grade gold potential at its flagship Newfoundland project. $SIC $SICNF #Newfoundland #Newfoundlandgold #gold #juniorexploration Read here: https://lnkd.in/gH9vVct6
Sokoman Minerals Corp.
Mining
Toronto, Ontario 2,029 followers
Newfoundland and Labrador based junior exploration company focused on exploration for world-class mineral deposits.
About us
Sokoman Minerals Corp. is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered into a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts. In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.
- Website
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https://sokomanmineralscorp.com/
External link for Sokoman Minerals Corp.
- Industry
- Mining
- Company size
- 2-10 employees
- Headquarters
- Toronto, Ontario
- Type
- Public Company
- Founded
- 2006
- Specialties
- Junior Mining Exploration, Gold, Newfoundland, and High-grade
Locations
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Primary
Get directions
82 Richmond Street East
Toronto, Ontario M5C 1P1, CA
Employees at Sokoman Minerals Corp.
Updates
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Sokoman Minerals Corp. Expands Land Position at Crippleback Lake $SIC $SICNF #Newfoundland #Newfoundlandgold #gold #mining Read here: https://lnkd.in/gNankbC3
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Sokoman Minerals Corp. (TSXV: $SIC) (OTCQB: $SICNF) has provided an update on its 100%-owned Crippleback Lake Property #Newfoundland #Newfoundlandgold #gold #mining Watch here: https://lnkd.in/gDDxYAfR
Sokoman Minerals Corp. has provided an update on its 100%-owned Crippleback Lake Property
https://www.youtube.com/
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Sokoman Starts Field Program / Expands Land Position at Crippleback Lake, Central NL Phase 1 drilling demonstrates strong, porphyry-style alteration/mineralization $SIC $SICNF #Newfoundland #Newfoundlandgold #gold #mining Read here: https://lnkd.in/gUThDfFg
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Sokoman Minerals Corp. Files for Final Approval of Non-Brokered Flow-Through Private-Placement Financing $SIC $SICNF #Newfoundland, #Newfoundlandgold, #gold #mining Read here: https://lnkd.in/gfxHEW8M
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Crux Investor Video Interview: Sokoman Minerals and Precipitate Gold On Unlocking Value in 2025 $SIC $SICNF #Newfoundland, #Newfoundlandgold, #gold #mining Watch here: https://lnkd.in/eifXfe5s
Gold Juniors Rethink the Playbook: Sokoman Minerals and Precipitate Gold On Unlocking Value in 2025
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Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private Placement $SIC $SICNF #Newfoundland, #Newfoundlandgold, #gold #mining Read here: https://lnkd.in/gyasKVYr
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Sokoman Minerals Corp. Files for Conditional Approval, Closes First Tranche of Non-Brokered Flow-Through Private-Placement Financing $SIC $SICNF #Newfoundland, #Newfoundlandgold, #gold #mining Read here: https://lnkd.in/gHgGKV_E
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Sokoman Minerals Updates Shareholders on Vinland Shares Spin-Out Read here: https://lnkd.in/gEUUBMhD