Corporate Overview

TSX-V: SIC 

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada.

Focus

The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting the 4.2-million-ounce Valentine Lake gold project 150 km southwest of the Company’s high-grade Moosehead gold project. In the summer of 2018, four months after acquiring the Moosehead Project, the company announced the discovery of a new zone of high-grade gold mineralization in its first hole which returned 11.90 m @ 44.96 g/t Au in what is now known as the Eastern Trend. Subsequent drilling returned impressive intercepts of 24.90 m @ 33.56 g/t Au and 5.10 m @ 124.2 g/t Au. 5 Phases of diamond drilling have been completed on multiple zones at the project. The Phase 6 Drilling program is now planned to reach 100,000m and will be pausing over the year end and then will continue into 2022.

Exploration work has commenced on the Fleur de Lys project to follow up on several promising gold bearing trends, and gold in till anomalies.

Activity is ramping up on the Joint Venture properties with Benton Resources (the Alliance). Airbourne surveys and geochemical sampling have been carried out, and some initial drilling as well. New mineralized zones for gold and other in demand commodities have been discovered. Follow-up work is being planned for these properties.

Vision

Sokoman Minerals Corp. Gold Properties NL Newfoundland and Labrador Canada
“Big Structures. Big Gold”
Operating in Canada’s newest emerging gold district, Central Newfoundland, Sokoman Minerals stands by its “Big Structures. Big Gold” motto. We are strategically positioned with multiple quality projects along underexplored ~150-km long trend, where gold is associated with regional scale structures.


Message From CEO

“Our exploration efforts are truly beginning to rock “the Rock”, as we go from hit, to hit, to new discovery.

Drilling continues to confirm high-grade gold at the Flagship Moosehead project and provide further insights into the complex geological controls of the high-grade mineralization. A methodical approach is paying off as we continue to intersect and extend the interpreted high-grade shoots that lie within the larger envelope of gold mineralization. With high-grade gold existing in all known zones within an area at least 700 m in strike, up to 200 m in width, and at least 250 m vertical, the potential to link these zones as well as expand the footprint of the Moosehead system is high. The current +100,000 m Phase 6 drilling program will continue through 2022 into 2023 with +20,000m remaining to be drilled.

Results from the North Pond, barge-based drilling of 20 holes, testing both the Upper Eastern Trend and the Footwall Splay zones have provided important information and raised our confidence level. Gold-mineralized veins have been encountered in the majority of the holes completed to date.

The mineralization intersected by drillhole MH-22-463, located approximately 100 m below the limits of the modeled Eastern Trend, has a different vein style and geometry from other drill intersections in the vicinity. The intercept is thicker than any other intercept to date and includes the “typical” very-high-grade, vuggy-type veining with abundant visible gold and 5% - 7% accessory boulangerite and sphalerite, as well as a brecciated style of veining with specks of visible gold with minor boulangerite and sphalerite. This could suggest a changing structural setting within the Lower Eastern Trend.

The Company has re-engaged Ireland-based structural consultant, Dr. David Coller, to review and update existing structural models for the Moosehead mineralization to guide future drilling. Dr. Coller was instrumental in defining the structural concepts used to guide the initial drilling at Moosehead.

At Fleur de Lys progress focus on defining drill targets on the 480 sq. km property where Phase 1 exploration, completed in late 2021, identified a 30 km long, gold in till, anomaly. Pristine gold grains, suggesting a short distance of transport from source, have been returned from multiple sites, and grab samples of rocks taken during the till sampling, have given Au values up to 4.6 g/t. Drill targets are expected to be defined by the fourth quarter with a pre-drilling budget of $600,000. The rocks of the Fleur de Lys Supergroup are equivalent to the Dalradian Supergroup in the United Kingdom where several major gold deposits, including the six-million-ounce Curraghinalt deposit, are located.

On the Sokoman/Benton JV Alliance properties, potential seems unlimited with new discoveries, as we continue testing the known gold-bearing structures and growing the opportunity in the Lithium-Cesium-Tantalum (LCT) pegmatite field.

The mineralization on the Grey River property is associated with large zones of silica associated with disseminated and stringer pyrite (from 2% - 20% pyrite) within the >10 km-long quartz/silica body. The large silica system is currently being tested by drilling. This current campaign is a 20-hole program intended to follow up on the successful five-hole 2021 program that saw significant gold mineralization intersected in all holes spread over a five km strike length The size of the system is impressive, and we hope to determine regional controls on the gold mineralization as we move forward with the program.

At Golden Hope, the results from our first drilling program at the Kraken Pegmatite Field have confirmed our objectives, with lithium grades reported comparing favourably to many global lithium projects currently known. Drilling at Kraken’s East Dyke Swarm has delivered multiple significant intersections of spodumene-rich pegmatite with multiple targets remaining to be tested.

Soil sampling along trend and to the north of the known zones has identified multiple, strong “lithium in soil” anomalies now prioritized for prospecting, including a new discovery of a Lepidolite dyke, 12 km NE of Kraken, with tremendous potential between and along the granite-sediment contact. Given the effectiveness of geochemistry, the Alliance has launched an extensive and systematic lithium soil survey over the 60 km long favourable structural trend.

The most recent discovery is a cesium-rich dyke, located approximately 12 km northeast of the Kraken lithium discovery, with surface grab samples assaying up to 1.56% Cs2O (cesium oxide), 0.4% Li2O (lithium oxide), 0.022% Ta2O5 (tantalum oxide), and 0.30% Rb2O (rubidium oxide). This is the first cesium mineralization discovery recorded in Newfoundland. The new dyke is approximately 5 m - 6 m wide and has so far been traced for approximately 100 m along strike.

The Kepenkeck property is located in east-central Newfoundland directly on-trend to the northeast of Canstar Resources’ Golden Baie property where drill results of 9.6 g/t Au over 7.7 m have been reported.

At present, it remains an early-stage project, where limited prospecting in the fall of 2021 located a 5.46 g/t Au rock grab sample, while targeting structurally-controlled, orogenic gold mineralization. A program of 200 m to 300 m spaced soil lines with samples at 25 m spacing across prospective structures identified from airborne magnetics, with concurrent prospecting, is planned.

We expect the rest of 2022 and forward into 2023 to be very exciting for Sokoman with drilling ongoing at Moosehead and further exploration planned for multiple gold projects, as well as the further testing of our Lithium discoveries and further evaluating the new Cesium discovery at Golden Hope."
Sokoman Minerals Corp. Gold Properties NL Newfoundland and Labrador Canada
Timothy Froude
PRESIDENT, CEO & DIRECTOR

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