Newsroom

John A 4/16/24 John A 4/16/24

Sokoman Minerals Update on Moosehead Gold Project, Central Newfoundland

Structural Consultant Dr. David Coller On-site

ST.JOHN'S, NL, April 16, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that structural consultant Dr. David Coller is on-site at the Moosehead gold property to update the structural model and to help plan for deeper drilling later this year. The Phase 6 program is winding down for spring breakup with assay results for 12 holes remaining outstanding and expected in two to three weeks. Drilling will resume once all assays have been received, compiled, and included in Dr. Coller's updated structural model.

Timothy Froude, P. Geo., President and CEO states; "We are very pleased to have Dr. Coller back and look forward to receiving his recommendations for continued drilling at Moosehead. Dr. Coller has been involved with the project since our first year and has been instrumental in guiding us to several significant high-grade discoveries. Currently, Dr. Coller and Sokoman's geological team are evaluating drill sections from the recently discovered 552 Zone to characterize the mineralization, to determine the significance of the zone and what it means for future exploration. We are also happy to have Dr. Hamish Sandeman of the Geological Survey of Newfoundland with us, to update us on the government's advanced research (with the Geological Survey of Canada) aimed at understanding the genesis of gold mineralization in Central Newfoundland and, potentially, helping to locate new gold zones. Dr. Sandeman has worked in the central Newfoundland region for many years and is considered one of the province's top geoscientists especially with regards to gold mineral deposits in Newfoundland."

Recent drill results at the 552 Zone include MH-23-574 - 2.10 m of 5.00 g/t Au, and MH-24-580 - 2.05 m of 8.31 g/t Au incl. 0.50 m of 27.79 g/t Au. Both holes had multiple specks of visible gold, a characteristic of all the high-grade zones on the property. The 552 drilling has defined a two- to five-metre-wide zone of vuggy (epizonal) quartz veining/quartz breccia, in variably sheared, to undeformed, sedimentary units located approximately 400 m to the east of the Eastern Trend mineralization in the central portion of the property. The 552 Zone has been drilled over a 150 m strike length and to 125 m vertical depth and remains open along strike and to depth.

Sokoman is completing drilling at both the 552 Zone and several short holes (30 m - 50 m depth) up dip of the Footwall Splay Zone, which has been identified as a possible bulk sample target area.

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

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.

Projects optioned with optionee fully vested:

East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program over the past few years.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 4/4/24 John A 4/4/24

Sokoman Minerals Signs LOI with Campden Hill Holdings Pty Ltd on the Iron Horse Property, Labrador

ST.JOHN'S, NL, April 4, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that pending TSX Venture approval it has agreed, pursuant to a Letter of Intent (LOI) with Australian-based, private company Campden Hill Holdings Pty Ltd (Campden Hill), to provide Campden Hill with an option to purchase the Iron Horse property (the “Property”) from Sokoman Minerals Corp. Campden Hill is controlled by an investment group with experience in mineral exploration and investment in multiple jurisdictions globally, including more than a decade in investing across various commodities in Canada.

The Property is in the eastern portion of the Labrador Trough, Canada’s most prolific iron ore producing region. The Property is host to significant iron deposits and has critical mineral showings of uranium and rare earth elements (REEs).

The Property was staked in 2011 as a joint venture between Golden Dory Resources (now Sokoman Minerals Corp.) and Metals Creek Resources (“Metals Creek”) to evaluate the uranium potential of the area. Initial prospecting identified iron ore potential, and in 2012, Sokoman acquired 100% ownership (subject to net smelter return royalties) from Metals Creek. Diamond drilling (eight holes) testing the iron ore potential intersected significant thicknesses of iron mineralization as taconite, including a 354 m intercept grading ~28% Fe. Direct Shipping Ore (DSO) potential was also noted, with assays of 53% Fe from parts of the Property. Following the extended decline in iron ore prices over the past decade, the iron ore exploration was ended and the Property was placed on care and maintenance as a non-core asset.

Timothy Froude, P. Geo., President and CEO of Sokoman, states: “We are happy to have found a quality partner for the Iron Horse project. We look forward to working with Campden Hill, including offering logistical and technical support, to evaluate and advance the Property. This transaction allows Sokoman to remain focused on its flagship gold projects at Moosehead and Fleur de Lys and continue its strategy of finding quality partners to share the risk and reward on its other holdings. This strategy follows the recent deal for the former Golden Hope Project (now Killick Lithium) and four other property deals with various partners across Newfoundland.”

James Thompson, Director of Campden Hill, states: “We are pleased to be able to work with the Sokoman team as we look to further explore and develop the Iron Horse project in conjunction with our neighbouring land package in Labrador.”

The letter agreement (the “Agreement”) describes the terms upon which Sokoman Minerals Corp. (the “Optionor” or “Sokoman”) has agreed to provide Campden Hill Holdings Pty Limited (the “Optionee”), or its permitted transferee, with an option to acquire 100% of the Iron Horse Property in Labrador, Canada, 23 claims held by Sokoman, more particularly described as follows:

Summary of Terms of Option;

Subject to the satisfaction of the terms and conditions of this Agreement, the Optionor agrees to provide the Optionee with the option to purchase, all right, title and interest in, the Property (the “Option”), subject to underlying NSR obligations. During the term of this Agreement, all expenditures and reports required to maintain the Property in good standing will be the responsibility of the Optionee.

The aggregate price to exercise the Option is three hundred thousand Canadian dollars (CAD$300,000) with potential for a future bonus payment of up to CAD$500,000 which will be payable by the Optionee to the Optionor in accordance with Section 1 as follows:

a) CAD$20,000 (Deposit) within 5 days of the date of execution of this Agreement for an exclusive three-month Due Diligence Period;

b) CAD$100,000 (the “Initial Option Exercise Payment”) in cash or shares (at election of Optionee) during the three-month period following the date of execution of this Agreement together with delivery of the Option Notice;

c) CAD$180,000 (“Year 1 Payment”) comprising CAD$30,000 in cash and CAD$150,000 in cash or shares (at election of the Optionee) on the date that is no later than twelve months following the payment of the Initial Option Exercise Payment;

d) CAD$500,000 (“Bonus Payment”) in cash or shares (at election of the Optionee) on the date that a bankable feasibility study is completed.

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals Corp.

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.

Projects optioned with optionee fully vested:

East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 3/28/24 John A 3/28/24

Sokoman Minerals Expands 552 Zone at Moosehead Gold Project, Central Newfoundland

First significant gold occurrence in volcanic rocks

ST.JOHN'S, NL, March 28, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) is pleased to report total pulp metallics assay results from the first three holes completed as part of the current drilling program at the 552 Zone. A total of 1825 m has been completed in the current program to date (12 holes) and visible gold has been intersected in five of the holes. Approximately 300 m of drilling remains in the current program including 150 m proposed in three holes in the upper portion of the Footwall Splay where gaps exist in the current geological model linking the zone to surface. The Footwall Splay has returned some of the highest grades on the Moosehead 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).

The three holes being reported today (MH-24-578 to 580), all drilled on the same section (same setup) encountered the 552 structure with the deepest hole, MH-24-580, cutting a 2.05 m zone at 53.70 m downhole that included two 0.30 to 0.50 m intervals with up to 30 specks of fine (sub-millimetre) visible gold. The intersection is highlighted by a 1.65 m interval averaging 10.21 g/t Au, including a 0.50 m section grading 27.78 g/t Au.

Drilling Highlights from 552 Zone
Note: reported thicknesses are believed to be 90% of true thickness

MH-24-578 0.68 g/t Au over 0.85 m from 40.60 m downhole
MH-24-579 3.07 g/t Au over 1.25 m from 40.85 m downhole
MH-24-580 8.31 g/t Au over 2.05 m including; 10.21 g/t Au over 1.65 m,
including 27.79 g/t Au over 0.50 m from 53.70 m downhole

The three-hole section lies 30 m west of the previously reported MH-23-574 (see February 14, 2024 news release) that cut 2.10 m of 5.0 g/t Au with 12 specks of sub-millimetre visible gold noted. The current diamond drilling program (minimum 2000 m of HQ-size drill core) will focus on testing at least 150 m of strike and 125 m of depth (vertically) of the 552 Zone. Drilling to date at 552 has defined a continuous, roughly east-west trending, two- to five-metre-wide zone of locally vuggy (epizonal), quartz veining/quartz breccia, locally with 2%-3% disseminated sphalerite, boulangerite and chalcopyrite, in variably sheared to locally undeformed sedimentary units approximately 400 m east of the main Eastern Trend mineralization and 100 m southeast of the 253 Zone.

Timothy Froude, P. Geo., President and CEO states; “This is the first significant occurrence of gold in volcanic rocks we have seen on the property and will be targeted aggressively. We are pleased to see grades continuing to improve within the 552 Zone and that the Zone remains open in all directions. Of note is that at the expected depth of 58.0 m, MH-24-588 intersected a 1.3 m vein with 3 flecks of visible gold. It occurs at the contact between deformed mafic volcanics and sandstone. Previous intersections in the 552 Zone occur proximal to mafic dykes but not at the mafic volcanic contact. Its orientation is similar to that of the other 552 Zone intersections and its mineralogy of darker-brown sphalerite and elevated arsenopyrite also supports this conclusion. Given this development, MH-24-588 was deepened through the deformed mafic volcanics and intersected a 0.90 m vein at 102.20 m with up to 14 flecks of visible gold with sphalerite and arsenopyrite. The initial orientation data and mineralogy support it being related to the 552 Zone.”

**552 Zone intersection in MH-24-580 featuring brecciated upper contact in the top row (8.16 g/t Au over 0.30 m) and laminated high-grade section (27.78 g/t Au over 0.50 m) in the lower row.**

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly White Metal Resources Inc.), and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 2/29/24 John A 2/29/24

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, February 29, 2024, Sokoman Minerals Corp. (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).

**552 Zone intersection in MH-24-580 - note: brecciated upper contact in top row and laminated high-grade section in lower row**

QP
This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC
Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. All core samples are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Samples with visible gold are submitted for total pulp metallics and gravimetric finish. All other samples are analyzed by standard fire-assay methods. Total pulp metallic analysis includes the whole sample being crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.
The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program.

For more information, please contact:
Timothy Froude, P.Geo., President & CEO 
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 2/14/24 John A 2/14/24

Sokoman Resumes Diamond Drilling at the Moosehead Gold Project, Central Newfoundland

Emphasis on Emerging 552 Zone

ST. JOHN'S, NL, February 14, 2024, Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to report that the winter diamond-drilling program has begun, with a focus on extending the recently discovered 552 Zone, 400 m to the east of the main Eastern Trend. The 2,500-metre program will test a 150-metre strike length of the zone to a depth of approximately 125 metres, and will take six to eight weeks to complete. Drilling to date on the 552 Zone has defined a two- to five-metre wide zone of quartz veining and quartz breccia carrying fine free gold, sphalerite, and boulangerite. The best grade was intersected in hole MH-23-574, which returned 5.00 g/t gold over a 2.10 metre core length.

Timothy Froude, P.Geo., President and CEO states: "We are eager to get started on extending the new 552 Zone to depth and along strike. The 552 Zone is extremely important since it represents a new gold-bearing structure on the property. We are confident that the 552 Zone has the potential to host sections of significantly higher grades. Three of the five most recent drill holes carried visible gold within 50 m of the surface. It is very encouraging to see so many similarities with our other high-grade zones."

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample is crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

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.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO 
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 1/29/24 John A 1/29/24

Sokoman Minerals Corp. Provides a Corporate Update and Confirms Closing of Flow-through and Hard-Dollar Private Placements

St. John’s, NL, January 29, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) announces that it received final regulatory approval and has closed both its flow-through and non-flow-through private placement financings (together the "Financings") issuing 53,892,847 flow-through units and 3,200,000 non-flow-through units at CAD$0.065 each for aggregate gross proceeds of CAD$3,711,035.

Details of the Financings set out in the Company's December 19, 2023 news release remain unchanged.

All securities issued pursuant to the Financings are subject to a four-month and one-day hold period.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the flow-through units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on or before December 31, 2024, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the flow-through units effective December 31, 2023.

Tim Froude, President and CEO of Sokoman Minerals explained that: "The Company intends to undertake a proposed 2,500 m winter drilling program on the flagship Moosehead Gold project, which will commence in about three weeks and will focus on the recently discovered 552 Zone where improved grades and some visible gold has been seen in recent drilling. Drilling is planned to test the down-plunge extent of the 552 Zone and should also intersect any parallel structures, including extensions to the 253 Zone where previous drilling returned 1.56 g/t Au over 1.60 m. Moosehead will require about 75% of the exploration funds raised. Additional drilling will follow based on the results of the winter program. The remaining 25% of the funding will be used for additional prospecting, sampling, and drilling on the 100%-owned Fleur de Lys Gold project where a very angular, visible gold-bearing float was recently discovered at the Golden Bull prospect. A recent site visit to the property confirmed that logging activities performed by a local timber harvester are creating more and better access and a safer and improved work environment across the property, possibly exposing new gold occurrences."

Sponsorship Agreement

RocksAndStocksNews ("R&S") is a private entity owned and operated by Allan Barry Laboucan. He is based in Mexico, operating an online portal for precious metals and mining stocks. R&S distributes Sokoman's news releases along with comments and/or opinions on its YouTube channel. The sponsorship agreement extends for 12 months for a total of CAD$30,000 that expires on October 31, 2024. Mr. Laboucan did not receive shares or options as compensation. At the time of the agreement, R&S and the Company were unrelated and unaffiliated entities. No buying or selling recommendations are made, no price projections on Sokoman are given nor any financial advice. Mr. Laboucan does not own shares of Sokoman Minerals Corp.

About Sokoman Minerals Corp.

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. 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.

The Company also retains (i) a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp. (TSXV: TGOL) (formerly White Metal Resources Inc.), (ii) a 1% NSR with buyback of 0.5% for $1,000,000 to Sokoman, optioned to Canterra Minerals Corp. (TSXV: CTM). Sokoman has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO 
T: 709-765-1726 
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 1/23/24 John A 1/23/24

Sokoman Updates the Moosehead Gold Project, Central Newfoundland 552 Zone to be Focus in 2024

St. John’s, NL, January 23, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide an update on the ongoing exploration at its flagship Moosehead Gold Project. The highlight is the drilling results at the recently discovered 552 Zone, located 400 m to the east of the Eastern Trend, in the central portion of the property. Since receiving the stream crossing permit on November 28, an additional six holes (890 m) have been completed with five intersecting the zone and the sixth collaring in an extensive fault zone (believed to be the Cape Ray - Valentine Lake shear zone), which was terminated after cutting 75 m of intensely deformed volcanic and intrusive units.

The 552 drilling has defined a continuous, two- to five-metre-wide zone of quartz veining/quartz breccia, in variably deformed sedimentary units. Three holes intersected white quartz veins with specks of visible gold (MH-23-572, 574, and 575). The quartz veining is locally vuggy (epizonal type), located in a west-northwest trending, 50- to 70-degree northeast dipping structure. The veins carry trace to 5% sulphide minerals including boulangerite, sphalerite, chalcopyrite, pyrite, and arsenopyrite, the mineral assemblage common to most gold zones on the property. Drill hole MH-23-557, the fourth hole of the initial four holes on the 552 Zone (MH-23-552, 553, 556, 557 - see news release dated November 2, 2023), intersected the zone giving 1.04 g/t Au over 3.65 m (see table below).

Other completed holes on the property include:

Three reconnaissance holes (MH-23-564, 566, 567) were drilled in the southern portion of the property, testing magnetic features believed to represent favourable structures. None of the holes intersected significant mineralization.
Three reconnaissance holes (MH-23-558, 559, 563) were drilled testing Alpha IP targets located to the east of North Pond. All holes intersected unmineralized structures.
Three holes (MH-23-565, 568, 569) were drilled adjacent to hole MH-96-05, drilled by Royal Oak Mines in 1996, which returned 259 g/t Au from a 10 cm quartz vein. MH-23-565 and 569 did not intersect significant mineralization, while MH-23-568 intersected a shear structure with pyritic quartz. Results are pending for MH-23-568 and 569.
Two holes (MH-23-570, 571) were drilled to test quartz veining in drill hole MH-19-103, where two specks of visible gold were reported in 2019. Weakly mineralized quartz veining with trace to 2% disseminated pyrite, sphalerite, and arsenopyrite was intersected.
Two holes drilled to the northeast of North Pond testing a possible East-West structure defined by magnetics did not intersect significant mineralization.

Table 1 - Assay Results

*Core length - true widths are estimated to be approximately half the core length

MH-23-574 featuring 552 Zone veining - 5.00 g/t Au over 2.10 m (64.55-66.65 m)

Timothy Froude, P. Geo., President, and CEO states; "The 552 Zone is extremely significant as it represents an entirely new gold-bearing structure on the Moosehead property. We are already seeing signs of potentially high-grade mineralization with three of the five most recent holes carrying visible gold all within 50 m of surface. Of significance, is the presence of mineralized float located near the 552 Zone that returned 10.3 g/t Au and is believed to be derived from the 552 Zone. The 552 Zone is 400 m to the east of the main Eastern Trend, and it remains open. The closest mineralization is at the 253 Zone located 150 m north of 552, which is poorly understood and requires additional drilling, and which may represent a parallel zone. Drilling planned to test the down-plunge extent of the 552 Zone in 2024 should also intersect any parallel structures, including extensions to the 253 Zone where previous drilling returned 1.56 g/t Au over 1.60 m. We look forward to testing the 552 Zone in Q1 2024 as any structure with gold has the potential for high-grade gold values as we have seen in every zone on the property. Phase 6 drilling completed now sits at 101,519 m including 20,519 m in 70 holes in 2023. A proposed 2,500 m winter program will commence in about two to three weeks and will focus on the 552 Zone where we are starting to see improved grades and some visible gold."

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

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.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO 
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 12/19/23 John A 12/19/23

Sokoman Minerals Corp. Closes Financing

St. John’s, NL, December 19, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) today announces that, further to its November 29, 2023 and December 6, 2023 news releases, it has filed documents with the TSX Venture Exchange seeking final approval to close their private placement financing (the “Financing”). The Financing consists of 53,892,847 $0.065 flow-through units (the “FT Units”) and 3,200,000 $0.065 non flow-through units (the “NFT Units”) for aggregate gross proceeds of $3,711,035.

Each FT Unit consists of one flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada), and one-half of a common share purchase warrant (a “Warrant”), each full Warrant being exercisable for one additional common share of the Company, each of which will not qualify as a flow-through share, at an exercise price of $0.13 for 12 months from the date of issue. Each NFT Unit consists of 1 common share of the Company and 1 common share purchase warrant (the “NFT Warrants”), each NFT Warrant being exercisable for an additional common share of the Company at an exercise price of $0.13 for 24 months from the date of issuance.

Three (3) insiders have subscribed for $29,500 or 453,846 FT Units, that portion of the Private Placement a “related party transaction” as such term is defined under MI-61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI-61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company’s market capitalization.

All securities issued pursuant to the FT Financing and the NFT Financing (together the “Financings”) will be subject to a four-month and one-day hold period.

In connection with the Financings, the Company is paying finders’ fees in cash and broker warrants as permitted by the policies of the TSX Venture Exchange (the “Exchange”) as follows:

GloRes Securities Inc.: $54,795.30 and 841,620 broker warrants, exercisable at $0.10 for 12 months
Marquest Asset Management Inc.: $12,675 and 195,000 broker warrants, exercisable at $0.10 for 12 months
Castlewood Capital Corporation: $24,000.60 and 369,240 broker warrants, exercisable at $0.10 for 12 months
Stonegate Securities Ltd.: $24,000.60 and 369,240 broker warrants, exercisable at $0.10 for 12 months
Haywood Securities Inc.: $780 and 12,000 broker warrants, exercisable at $0.10 for 12 months
CIBC Private Wealth Management: $1,170 and 18,000 broker warrants, exercisable at $0.10 for 12 months
KJ Harrison Partners Inc.: $1,560 and 24,000 broker warrants, exercisable at $0.10 for 12 months
Accilent Capital Management: $4,500.60 and 69,240 broker warrants, exercisable at $0.10 for 12 months
RedPlug Inc.: $49,920 and 768,000 broker warrants, exercisable at $0.10 for 12 months
BMO Nesbitt Burns: $5,850

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) on or before December 31, 2024, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2023.

The Company intends to spend approximately 25% of the gross proceeds on the Fleur de Lys Gold project, and the remaining balance on its flagship Moosehead Gold project.

About Sokoman Minerals Corp.

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.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 12/6/23 John A 12/6/23

Sokoman Minerals Corp. Increases Flow-through Private Placement, Announces Hard-Dollar Financing

St. John’s, NL, December 6, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) today announces that further to its November 29, 2023, news release, due to overwhelming demand the Company is increasing its flow-through private placement financing by CAD$483,525 to total aggregate gross proceeds of CAD$3,483,525 (the "FT Financing"). The FT Financing consists of CAD$0.065 units (the "FT Units"), each FT Unit consisting of one flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada), and one-half of a common share purchase warrant (a "Warrant"), each full Warrant being exercisable for one additional common share of the Company, each of which will not qualify as a flow-through share, at an exercise price of CAD$0.13 for 12 months from the date of issue.

The Company is also pleased to announce a non-flow-through CAD$0.065 unit financing (the "NFT Financing") for aggregate gross proceeds of CAD$208,000. The NFT Financing consists of CAD$0.065 units (the NFT Units"), each NFT Unit consisting of one common share of the Company and one common share purchase warrant (the "NFT Warrants"), each NFT Warrant being exercisable for an additional common share of the Company at an exercise price of CAD$0.13 for 24 months from the date of issuance.

All securities issued pursuant to the FT Financing and the NFT Financing (together the "Financings") will be subject to a four-month and one-day hold period.

In connection with the Financings, the Company may pay finders' fees in cash and broker warrants as permitted by the policies of the TSX Venture Exchange (the "Exchange"). The Financings are subject to Exchange approval.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on or before December 31, 2024, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2023.

The Company intends to spend approximately 25% of the gross proceeds on the Fleur de Lys gold project, and the remaining balance on its flagship Moosehead gold project.

Tim Froude, CEO of Sokoman commented: "We are grateful that our exploration plans for 2024, which entails diamond drilling on both the Moosehead and Fleur de Lys gold projects will be fully funded. A warm thank you to all our shareholders and investors for their unwavering support."

About Sokoman Minerals Corp.

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.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead Project through the Junior Exploration Assistance Program.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 11/29/23 John A 11/29/23

Sokoman Minerals Corp. Closes First Tranche of Non-Broker Flow-through Private Placement

St. John’s, NL, November 29, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") today announces that, further to its November 21, 2023 news release, it has received conditional approval from the TSX Venture Exchange (the “Exchange”) for its flow-through private placement (the “Private Placement”), for aggregate gross proceeds of up to CAD$3 million.

The Company has now closed the first tranche of the Private Placement and will issue 37,885,000 flow-through share units (“FT Units”) at a price of CAD$0.065 for aggregate gross proceeds of CAD$2,462,525. Each FT Unit consists of one (1) common share of the Company and one half (1/2) of one common share purchase warrant (the “FT Warrant”), with each full FT Warrant entitling the holder to purchase one non-flow-through common share of the Company at a price of CAD$0.13 for a period of 12 months from the date of issuance. The FT Units will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada). 

All securities issued pursuant to this financing will be subject to a four-month plus one-day hold, expiring March 30, 2024.  

The first tranche of the Private Placement includes one (1) insider, subscribing for CAD$6,500 or 100,000 FT Units, that portion of the Private Placement a “related party transaction” as such term is defined under MI 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company’s market capitalization.

In connection with the Private Placement, the Company is paying finders’ fees as permitted by the policies of the TSX Venture Exchange.   

The net proceeds of the flow-through will be used for project exploration work on the Company’s properties that it controls that will qualify for Canadian Exploration Expenses under the Income Tax Act (Canada). The Company intends to spend approximately 25% of the gross proceeds on the Fleur de Lys Project, and the remaining balance on its flagship Moosehead Project.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The Company's primary focus is the 100% owned, advanced-stage Moosehead Project and the district-scale Fleur de Lys Project near Baie Verte in northwestern Newfoundland, which is targeting Dalradian-type orogenic gold mineralization. The Company also has a strategic alliance with Benton Resources Inc. (“Benton”) on three, large-scale, joint-venture gold properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland. Sokoman is one of the largest landholders in Newfoundland.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc. (“Piedmont”) allowing Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly the Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in 3 stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of newly created Vinland Lithium Inc. that 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 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 and the right of first refusal on 100% offtake rights to the lithium concentrates.

The Company also retains interests in the Crippleback Lake and East Alder projects along the Central Newfoundland Gold Belt, a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, and the Company has a 100% interest in the Iron Horse (Fe) project in Labrador.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead Project through the Junior Exploration Assistance Program.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO 
T: 709-765-1726 
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 11/23/23 John A 11/23/23

Piedmont Lithium Exercises Initial Earn-In Right For Interest in Killick Lithium; Issues $1 Million in Shares Each to Sokoman and Benton

St. Johns, NL, November 23, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman”) and, Benton Resources Inc. (TSXV: BEX) (“Benton”), together (the "Alliance") are pleased to announce that further to their respective press releases issued on October 11, 2023, Piedmont Lithium Inc. (NASDAQ: PLL) (ASX: PLL) ("Piedmont") provided formal notice to exercise its Initial Earn-In Right to acquire a 16.35% voting and participating interest in Killick Lithium Inc. ("Killick") (the "Initial Interest"). Pursuant to this exercise notice, Piedmont issued to each of Benton and Sokoman, shares of its common stock having an aggregate subscription price of CAD$2.0M based on Piedmont's ten-day volume weighted average price ("VWAP") up to the date of the Initial Interest exercise notice, amounting to 26,099 Piedmont shares issued to each company. In addition, as part of its Initial Earn-In Right, Piedmont will fund work expenditures in the aggregate amount of at least CAD$6.0M (the "Initial Earn-In Amount") within the 30-month period following the Initial Earn-In Right exercise notice. Upon exercise of the Initial Earn-In Right by Piedmont, Piedmont's combined direct and indirect (through Vinland Lithium Inc.) ownership interest in Killick will be equal to approximately 33%.

Piedmont transaction highlights:

Piedmont is one of North America's leading lithium companies
Newfoundland is ranked in the top jurisdictions to explore and develop mineral potential
Benton and Sokoman incorporated Vinland Lithium Inc. ("Vinland") and its wholly-owned subsidiary Killick Lithium Inc. ("Killick"), into which they transferred the Golden Hope Project
Piedmont has vast technical and geological knowledge in similar geology to that of Killick pegmatites
Piedmont financed Vinland CAD$2.0M @ CAD$1.00 per share to hold 19.9%
Piedmont will have the option to earn up to a 62.5% direct interest in Killick by spending an aggregate CAD$12.0M in exploration and development during the option period
Upon Piedmont completing all earn-in options, Piedmont will have paid Benton and Sokoman up to a total of CAD$10.0M in Piedmont shares
Benton and Sokoman to retain a 2% royalty on the net returns of precious metals and the value of lithium received from Killick

**Figure 1: Killick Lithium Project relative to Piedmont's asset portfolio**
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/188553_1198d132b4b11afd_003full.jpg

About Sokoman Minerals Corp.

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% flagship, advanced-stage Moosehead, as well as the Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, 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 also recently 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 now controls, independently and through the Benton alliance, over 150,000 hectares (>6,000 claims – 1500 sq. km), making it 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 3 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.

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly White Metal Resources Inc.), and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

About Benton Resources Inc.

Benton Resources Inc. (TSXV: BEX) is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio of Gold, Silver, Nickel, Copper, Platinum Group Elements, and most recently Lithium and Cesium assets. In addition, it currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow. Benton entered into a 50/50 strategic alliance with Sokoman Minerals Inc. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland.

For further information, please contact:

Sokoman Minerals Corp.
Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 ext 251
Email: cathy@chfir.com

Benton Resources Inc.
Stephen Stares, President & CEO
Phone: 807-474-9020
Email: sstares@bentonresources.ca

Website: www.sokomanmineralscorp.com, www.bentonresources.ca
Twitter: @SokomanMinerals, @BentonResources
Facebook: @SokomanMinerals, @BentonResourcesBEX
LinkedIn: @SokomanMinerals, @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation including statements regarding exploration and development activities; plans for mineral projects; strategy; and expectations regarding future expenditures. Such forward-looking statements involve substantial and known and unknown risks, uncertainties and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance or achievements expressed or implied by the forward-looking statements. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and exploration; the potential for delays in exploration or development activities or the completion of feasibility studies; risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions the uncertainty of profitability); risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays; uncertainties inherent in the estimation of lithium resources; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies; changes in the market prices of lithium and lithium products; and other risks and uncertainties related to Benton's and Sokoman's respective prospects, properties and businesses detailed elsewhere in each of their respective disclosure records. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and Benton and Sokoman do not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from Benton's and Sokoman's respective expectations or projections.

John A 11/21/23 John A 11/21/23

Sokoman Announces Non-Brokered Flow-Through Private Placement For Gross Proceeds of Up To CAD$3M

St. John’s, NL, November 21, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") announces a non-brokered private placement of flow-through (“FT”) units (the “Private Placement”) for gross proceeds of up to CAD$3,000,000. The Private Placement is expected to close on or before November 30, 2023.

The Private Placement is priced at $0.065 per FT Unit, each FT Unit consisting of one flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada), and one-half of one common share purchase warrant (a “Warrant”), each full Warrant being exercisable for one additional common share of the Company, each of which will not qualify as a flow-through share, at an exercise price of $0.13 for 12 months from the date of issue.

All securities issued pursuant to the Private Placement will be subject to a four-month and one-day hold period.

In connection with the Private Placement, the Company may pay finders’ fees in cash as permitted by the policies of the TSX Venture Exchange. The Private Placement is subject to approval by the TSX Venture Exchange.

The Company intends to spend approximately 25% of the gross proceeds on the Fleur de Lys Gold project, and the remaining balance on its flagship Moosehead Gold project.

The Company is well-funded to cover corporate and working capital needs for 2024 with ~$2M in cash and securities in the treasury.

About Sokoman Minerals Corp.

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 3 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.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead Project through the Junior Exploration Assistance Program.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 11/2/23 John A 11/2/23

Sokoman and Benton Receive Explorer of the Year Award for the Killick Kraken Lithium Project from the Canadian Institute of Mining, Metallurgy and Petroleum Newfoundland and Labrador Branch

St. John’s, NL, November 2, 2023 – Sokoman Minerals Corp. TSXV:SIC)(OTCQB:SICNF) ("Sokoman") and Benton Resources Inc. (TSXV:BEX) ("Benton") together, (the "Alliance") are pleased to announce that the Alliance has received the "Explorer of the Year" award at the annual CIM Mineral Resources Review in Newfoundland. The award was presented by the Newfoundland and Labrador branch of the Canadian Institute of Mining, Metallurgy and Petroleum. The award is presented to a prospector, exploration team, or company that has made a recent and significant mineral discovery; or significantly enhanced a prospect or deposit; or identified a previously unrecognized prospective geological environment in Newfoundland and Labrador. The Alliance has received the award due to the ongoing success at its Killick and Kraken Lithium discovery (formerly the Golden Hope Property) which has produced significant surface sampling and drill results up to 1.04% Li2O over 15.23 m in GH-22-27, 1.08% Li2O over 9.50 m in GH-22-26, 1.22% Li2O over 13.37 m in GH-23-45, 0.81% Li2O over 21.00 m, and 0.99% Li2O over 10.16 m in GH-23-46. In addition, the Alliance recently executed a CAD$24 million option agreement with Piedmont Lithium Inc. further endorsing the potential of this prospective lithium project. (see news release dated October 11, 2023).

After the presentation of the award, Tim Froude President and CEO of Sokoman stated: "We are deeply honoured to have been chosen to receive this prestigious award for a second time. We truly thank the CIM in Newfoundland and Labrador who have chosen to recognize us for doing the work we love to do! We are extremely excited about the potential of the amazing Killick Lithium Project as we assist Vinland Lithium Inc. in taking it to the next level."

**From Left: Stephen Stares (Benton Resources Inc.), Timothy Froude (Sokoman Minerals Corp.), Amy Copeland (CIM NL Branch)**

Piedmont transaction highlights:

Piedmont is one of North America's leading lithium companies
Newfoundland is ranked in the top jurisdictions to explore and develop mineral potential
Sokoman and Benton incorporated Vinland Lithium Inc. ("Vinland") and its wholly-owned subsidiary Killick Lithium Inc. ("Killick"), into which they transferred the Golden Hope Project
Piedmont has vast technical and geological knowledge in similar geology to that of the Killick pegmatites
Piedmont financed Vinland CAD$2.0M @ CAD$1.00 per share to hold 19.9%
Piedmont will have the option to earn up to a 62.5% direct interest in Killick by spending an aggregate CAD$12.0M in exploration and development during the option period
Upon Piedmont completing all earn-in options, Piedmont will have paid Sokoman and Benton up to a total of CAD$10.0M in Piedmont shares
Sokoman and Benton to retain a 2% royalty on the net returns of precious metals and the value of lithium received from Killick

**Figure 1: Killick Lithium Project relative to Piedmont's asset portfolio**

QP

Timothy Froude (P.Geo.), President and CEO of Sokoman Resources Corp., the 'Qualified Person' under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

About Sokoman Minerals Corp.

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 the 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 CAD$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.

Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 11/2/23 John A 11/2/23

Sokoman Minerals Drilling Update - Moosehead Gold Project, Central Newfoundland

A New Mineralized Structure, the 552 Zone, Intersected in Four Holes; Remains Open

St. John’s, NL, November 2, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide an update on the ongoing drilling program at the 100%-owned Moosehead project. Diamond drilling has identified a new mineralized structure 200 m to the east of the Eastern Trend, the furthest east of any mineralization located to date. Dubbed the 552 Zone, after the first hole that cut it, it has an apparent east-west strike, making it close to perpendicular to the Eastern Trend, suggesting that it lies in a similar structural setting as the 463 Zone but above the Eastern Trend, in the hanging wall, whereas the 463 Zone lies in the footwall of the Eastern Trend.

Tim Froude, President and CEO of Sokoman, says: "While not exhibiting high grade to date, the fact that the 552 Zone structure has gold in it is good news as we know we can get variable grades interspersed with higher grades in all zones at Moosehead. On this property, we drill first for structure and then seek out the grade. I am extremely pleased with this development since we see sulphide minerals, commonly associated with the higher-grade Au, including boulangerite and sphalerite and we are looking forward to evaluating this new zone. The presence of gold-bearing structures in MH-23-555 is also very significant as it is a wide step-out hole and confirms the presence of mineralizing fluids in this area and extends the Eastern Trend to the east. We expect to go over the 100,000 m mark in the ongoing Phase 6 program sometime this month and look forward to continued drilling at Moosehead."

The mineralized quartz 552 Zone has been intersected in all four holes (552, 553, 556, and 557) completed, with assays received for three of the four. Boulangerite and sphalerite, minerals associated with Au on the Moosehead property, are noted. The best grade intersected to date is 1.41 g/t Au over 2.9 m in DDH 553 with 1.15 g/t over 2.95 m in DDH 552. The 552 Zone has been tested by two sections of two holes each drilled from the same setup giving a 10-m strike-length, over a vertical range of approximately 25 m. The drilling tested a resistivity high noted in the winter Alpha IP survey with several second-order targets also identified in the general area. A Noranda float sample from the late 1980s, that assayed 10.3 g/t Au, is located close to the 552 Zone. The 552 Zone remains open with approximately 2500 m of drilling planned to test along strike and to depth.

Results include three holes in the Eastern Trend footwall, testing for near surface mineralization in the same orientation as the vein set in the deeper 463 Zone. The 463 Zone returned an earlier intercept of 39.60 m grading 12.50 g/t Au, including 10.5 m @ 41.97 g/t Au (see December 15, 2022 press release). The best results, from MH-23-548, gave 4.89 g/t Au over 3.55 m from 185.75 m downhole (see Table 1 below) ~250 m NW of, and 150 m vertically above, the 463 Zone with a second zone intersected in DDH 548, giving 0.95 g/t Au over 4.20 m. Drilling will continue to test the footwall environment which remains very prospective for additional gold-bearing structures.

Table 1 - Assay Results

Plan view of recent drilling

Reconnaissance holes MH-23-547, 549, 550, and 554 were drilled to test IP targets. Hole MH-23-555 was a 100 m step-out testing the down-plunge projection of the Eastern Trend to the north. There are several zones of deformation in the hole with the strongest structure occurring from 586.4 m - 592.7 m. Here strongly deformed and broken quartz veins and vein fragments occur within a pyritized and broken, light-grey sediment. A second zone of weak deformation occurs from 464.4 m - 475.8 m with upwards of 20% stockwork and stylolitic textured quartz veins. This zone contains anomalous gold with occasional traces of pyrite, sphalerite, and arsenopyrite with a best assay of 0.93 g/t Au over 0.40 m. The presence of multiple structures with mineralogy similar to high-grade zones elsewhere on the property is significant, additional drilling will be recommended for this area.

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes the whole sample being crushed to -10 mesh, and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

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% flagship, advanced-stage Moosehead, as well as the Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, 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 also recently 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 now controls, independently and through the Benton alliance, over 150,000 hectares (>6,000 claims - 1500 sq. km), making it 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 3 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.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead Project through the Junior Exploration Assistance Program.

For further information, please contact:

Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 10/11/23 John A 10/11/23

Piedmont Lithium Inc. Enters into Definitive Agreements with Sokoman and Benton to Acquire an Interest in the Killick Lithium Project

St. John’s, NL, October 11, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman”) and Benton Resources Inc. (TSXV: BEX) (“Benton”) are pleased to announce the entering into of the Definitive Agreements (as defined below) with Piedmont Lithium Inc. (NASDAQ: PLL) (ASX: PLL) and its subsidiaries ("Piedmont"), enabling Piedmont to earn up to a 70% direct and indirect ownership interest in the area and lands comprising the Golden Hope project (the "Golden Hope Project") to be renamed the Killick Lithium Project, located in southwestern Newfoundland (the "Transaction").

Piedmont transaction highlights:

Piedmont is one of North America's leading lithium companies
Newfoundland is ranked in the top jurisdictions to explore and develop mineral potential
Benton and Sokoman incorporated Vinland Lithium Inc. ("Vinland") and its wholly-owned subsidiary Killick Lithium Inc. ("Killick"), into which they transferred the Golden Hope Project
Piedmont has vast technical and geological knowledge in similar geology to that of Killick pegmatites
Piedmont financed Vinland CAD$2.0M @ CAD$1.00 per share to hold 19.9%
Piedmont will have the option to earn up to a 62.5% direct interest in Killick by spending an aggregate CAD$12.0M in exploration and development during the option period
Upon Piedmont completing all earn-in options, Piedmont will have paid Benton and Sokoman up to a total of CAD$10.0M in Piedmont shares
Benton and Sokoman to retain a 2% royalty on the net returns of precious metals and the value of lithium received from Killick

Pursuant to the terms of the Transaction, (i) each of Benton and Sokoman assigned all of its rights and interests to the Golden Hope Project (the "Golden Hope Project Rights") to Vinland, a newly incorporated British Columbia corporation, in exchange for all of the issued and outstanding shares in the capital of Vinland, held by each in equal proportions, and, in turn, Vinland assigned the Golden Hope Project Rights to its newly incorporated, wholly-owned subsidiary, Killick (the "Reorganization"). Upon the completion of the Reorganization, Vinland and Piedmont, entered into (i) a subscription agreement (the "Subscription Agreement") pursuant to which Piedmont subscribed for a 19.9% ownership interest in Vinland for an aggregate subscription amount of CAD$2.0M (the "Subscription"); and (ii) a shareholders' agreement (the "Vinland SHA") with Benton and Sokoman setting forth the framework for the governance of Vinland and for the holding, disposal and subsequent issuances of interests in Vinland.

Upon the completion of the Subscription, Killick and Piedmont entered into (i) an earn-in agreement, pursuant to which Piedmont was granted the option to acquire up to a direct 62.5% ownership interest in the Golden Hope Project (the "Earn-In Agreement"), (ii) a royalty agreement pursuant to which Benton and Sokoman were granted an aggregate 2% royalty on the net returns of precious metals and the value of lithium received from the Golden Hope Project (the "Royalty Agreement"), and (iii) a marketing agreement pursuant to which Piedmont was granted the exclusive marketing rights for the promotion and sale of lithium products produced from the Golden Hope Project, including the right to purchase any uncommitted project production on commercially reasonable arm's length terms, the whole as further set forth below (collectively with the Subscription Agreement, the Vinland SHA, the Earn-In Agreement and the Royalty Agreement, the "Definitive Agreements"). Upon the acquisition of the Initial Interest (as defined below), Vinland, Killick, and Piedmont shall enter into a shareholders' agreement (the "Killick SHA") pursuant to which the parties thereto set forth the framework for the governance of Killick and for the holding, disposal, and subsequent issuances of interests in Killick.

Transaction Details

Pursuant to the Earn-In Agreement, Piedmont was granted the option (the "Initial Earn-In Right"), exercisable by notice, to acquire a 16.35% voting and participating interest in Killick (the "Initial Interest") in consideration of (i) the issuance by Piedmont to each of Benton and Sokoman of shares of its common stock having an aggregate subscription price of CAD$2.0M based on Piedmont's ten-day volume weighted average price ("VWAP") up to the date of the Initial Interest exercise notice, and (ii) payment of work expenditures in the aggregate amount of at least CAD$6.0M (the "Initial Earn-In Amount") within the 30-month period following the Initial Earn-In Right exercise notice.Upon exercise of the Initial Earn-In Right by Piedmont, Piedmont's combined direct and indirect (through Vinland) ownership interest in Killick will be equal to approximately 33%.

Within 60 days following the funding of the Initial Earn-In Amount, Piedmont shall have the option (the "First Additional Earn-In Right"), exercisable by notice, to acquire an additional 21.65% (totaling 38%) voting and participating interest in Killick (the "First Additional Interest") in consideration of (i) the issuance by Piedmont to each of Sokoman and Benton of shares of its common stock having an aggregate subscription price of CAD$2.0M based on Piedmont's ten-day VWAP up to the date of the First Additional Earn-In Right exercise notice, and (ii) payment of work expenditures in the aggregate amount of at least CAD$3.0M (the "First Additional Earn-In Amount") within the 12-month period following the First Additional Earn-In Right exercise notice. Upon exercise of the First Additional Earn-In Right by Piedmont, Piedmont's combined direct and indirect (through Vinland) ownership interest in Killick will be equal to approximately 50%.

Within 60 days following the funding of the First Additional Earn-In Amount, Piedmont shall have the option (the "Second Additional Earn-In Right"), exercisable by notice, to acquire an additional 24.5% (totaling 62.5%) voting and participating interest in Killick (the "Second Additional Interest") in consideration of (i) the issuance by Piedmont to each of Benton and Sokoman of shares of its common stock having an aggregate subscription price of CAD$6.0M based on Piedmont's ten-day VWAP up to the date of the Second Additional Earn-In Right exercise notice, and (ii) payment of work expenditures in the aggregate amount of at least CAD$3.0M (the "Second Additional Earn-In Amount") within the 12-month period following the Second Additional Earn-In Right exercise notice. Upon exercise of the Second Additional Earn-In Right by Piedmont, Piedmont's combined direct and indirect (through Vinland) ownership interest in Killick will be equal to approximately 70%.

Royalty Agreement

Concurrently with the entering into the Earn-In Agreement, Killick shall grant an aggregate 2% royalty on the net returns of precious metals and the value of lithium received from the Golden Hope Project to Benton and Sokoman; provided, however, that Killick, Piedmont or any of their successors shall have the right to repurchase 50% of such royalty (1%) in consideration for an aggregate cash payment of CAD$2.0M to Benton and Sokoman (CAD$1.0M to each).

Marketing and Purchase Rights

As part of the Transaction, Killick and Piedmont entered into a marketing rights agreement granting Piedmont 100% marketing rights and the right to purchase, under a right of first offer, any uncommitted lithium concentrate produced by the Golden Hope Project on commercially reasonable arm's length terms.

Timothy Froude, P.Geo., President and CEO of Sokoman Minerals states: "This agreement solidifies many positives for the project, and for the Sokoman-Benton alliance, as it delivers credibility to Golden Hope as a potentially significant Critical Minerals exploration play, and it lends strong support to our exploration efforts at Golden Hope to date. The markets are challenging at this time and to be able to partner with a company the calibre of Piedmont Lithium Inc., with the financial and technical strengths it carries, is very significant."

President and CEO Stephen Stares of Benton comments: "We are extremely pleased to be partnering with such a high-profile and professional team as Piedmont. Through our due diligence period, we've learned that the Golden Hope Project will benefit tremendously from the combined knowledge of both teams. We believe this new alliance will be beneficial for all involved, as we continue to unlock Newfoundland's lithium potential."

About Sokoman Minerals Corp.

Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake (available for option) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, 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, and Cononish in Scotland. The company also entered into a strategic alliance with Benton Resources Inc. through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland. Sokoman now controls independently and through the Benton alliance over 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly-emerging gold districts. The company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly White Metal Resources Inc.), and in Labrador, Sokoman has a 100% interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

About Benton Resources Inc.

Benton Resources Inc. (TSXV: BEX) is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio of Gold, Silver, Nickel, Copper, Platinum Group Elements, and most recently Lithium and Cesium assets. In addition, it currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow. Benton entered into a 50/50 strategic alliance with Sokoman Minerals Inc. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland.

For further information, please contact:

Sokoman Minerals Corp.
Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 ext 251
Email: cathy@chfir.com

Benton Resources Inc.
Stephen Stares, President & CEO
Phone: 807-475-7474
Email: sstares@bentonresources.ca

Website: www.sokomanmineralscorp.com , www.bentonresources.ca
Twitter: @SokomanMinerals , @BentonResources
Facebook: @SokomanMinerals , @BentonResourcesBEX
LinkedIn: @SokomanMinerals, @BentonResources

John A 10/4/23 John A 10/4/23

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, October 4, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") 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.

The Golden Bull mineralization consists of strongly stylolitic (banded) quartz, with up to 2% disseminated pyrite, arsenopyrite, sphalerite, and minor chalcopyrite. Visible gold is noted (see sample 717819 in Photo 2). Assay results from metallics assays of the grab samples suggest that visible gold is common in the Golden Bull Prospect veins based on the amount of gold reporting to the coarse fraction (+ 150 mesh) with seven samples giving values from 11,131 to 148,603 ppb Au (see table following).

**Note: All rock samples from Fleur de Lys are being assayed by the Total Pulp Metallic Analysis method at Eastern Analytical Ltd. in Springdale, NL.**

**Photo 1: Large, angular, stylolitic quartz float - Golden Bull Prospect**

Photo 2: Visible gold from the Golden Bull Prospect - Sample 717819
Note: The mineralization pictured is not representative of the quartz/pyrite mineralization.

The Fleur de Lys Gold Project

The 100%-owned project is located on the west side of the Baie Verte Peninsula in north-central Newfoundland, an area that has a long history of base metal and gold production dating back to the 1860s. The project area is highly prospective for Dalradian-style (e.g., Curraghinalt*) orogenic, vein-hosted, gold deposits and as such, it is a readily accessible, yet underexplored, district-scale, gold target in the Newfoundland Appalachians. The Fleur de Lys Supergroup, which underlies the project, includes equivalent rocks to the Dalradian Supergroup in the UK, where three significant gold deposits, the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland, are found. The Dalradian, vein-hosted, gold deposits occur in moderate to high-grade metamorphic terranes and are typically high grade.

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Rock Sample Analysis

Rock sample analysis (gold by fire assay) completed at Eastern Analytical Ltd., in Springdale NL. Samples were delivered in sealed bags directly to the lab by Sokoman's personnel. Eastern Analytical Ltd. ("Eastern") is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Eastern routinely inserts industry-accepted standards and blanks in all sample runs performed as well as completing random duplicate analysis. All core samples submitted for assay were saw cut by Sokoman's personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman's personnel. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. Total pulp metallic analysis includes the whole sample being crushed to -10 mesh and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. All reported assays are uncut.

About Sokoman Minerals Corp.

Sokoman now controls, independently and through the Benton Alliance, over 150,000 hectares (>6,000 claims - 1500 sq. km), making it one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts. The Company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly White Metal Resources Inc.), and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby and/or referenced properties is not necessarily indicative of mineralization hosted on the Company's property.

*The Curraghinalt deposit has >6 million ounces of NI 43-101 compliant gold resources including 6.34 million tonnes at 15.01 grams per tonne (Measured and Indicated) for 3.06 million ounces; and 7.72 million tonnes at 12.24 grams per tonne gold (Inferred) for 3.03 million ounces {2018 Mineral Resource Statement, Curraghinalt Gold Project, Northern Ireland, SRK Consulting (Canada)}.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Fleur de Lys project through the Junior Exploration Assistance Program.

For further information, please contact:

Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 9/14/23 John A 9/14/23

Sokoman Provides Drilling Update - Moosehead Gold Project, Central Newfoundland

St. John’s, NL, September 14, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide the following update on the ongoing drilling program at the 100%-owned Moosehead gold project. Diamond drilling in the 463 Zone and adjoining footwall environment has intersected gold mineralization which helps to determine the plunge of the favourable structure hosting the 463 Zone and other proximal parallel mineralized zones in the footwall under the main Eastern Trend. The best intersections from the drill holes reported today are MH-23-536 and 542, which targeted the down-plunge extension of the 463 Zone which has an earlier intercept of 39.60 m grading 12.50 g/t Au including 10.5 m @ 41.97 g/t Au (see the December 15, 2022 news release).

Tim Froude, President and CEO of Sokoman, says: "Drilling will continue at Moosehead with two rigs, focused mainly on testing the Alpha IP targets outlined last winter. We have also begun trenching near-surface IP anomalies and soil geochemical anomalies. We are also defining a deeper target, below 500 metres, using our understanding of the structural geology of the main Eastern Trend from consultant, Dr. David Coller. We expect to be drilling until the Christmas break."

The table below gives the drill results for the 463, South Pond, and 75 Zones and also several reconnaissance holes.

Drill Plan Map

Drill holes MH-23-536 and 542 were drilled to follow up a 1.4 m intersection of visible gold-bearing quartz veins that gave 12.41 g/t Au from 409.75 m downhole (see the April 13, 2023 news release) an 80 m step-out, 56 m down plunge, from MH-22-463 in the 463 Zone. Results indicate that the zone remains open down-plunge. Other holes testing the 463 Zone area returned only anomalous results.

The South Pond drilling focused on the down-plunge extension of drill holes MH-20-123 - 5.00 m @ 26.87 g/t Au and MH-20-141 - 4.20 m @ 64.00 g/t Au (see the July 20, 2021 news release). Multiple zones of lower-grade gold mineralization were intersected suggesting the zone remains open to depth.

The 75 Zone was tested with three holes with only one hole (MH-23-529) giving significant mineralization. Additional drilling is planned to try to extend the high-grade mineralization intersected in MH-21-263 that gave 4.80 m @ 12.86 g/t Au.

Reconnaissance holes include MH-23-538, 539, 541, 543, and 544 drilled near the Bowtie area to the north of North Pond, with MH-23-545 drilled near the northeastern property boundary testing a mag high. Only one hole, MH-23-539, returned anomalous gold values.

The Company has started testing IP targets defined by the winter Alpha IP survey that defined several first- and second-priority targets below and to the west of the Western Trend as well as targets in the 253 Zone, 200 m to the east of the main Eastern Trend. Results of the first two holes MH-23-547 and 549, testing the Western Trend area, are pending.

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead Project through the Junior Exploration Assistance Program.

For further information, please contact:

Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

John A 9/6/23 John A 9/6/23

Sokoman and Benton Report Latest Results at Golden Hope JV - Southwestern Newfoundland

St. John’s, NL, September 6, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman”) and Benton Resources Inc. (TSXV: BEX) (“Benton”) together, (the “Alliance”) is pleased to announce that it has received further results from the Phase 4 diamond drilling program completed at the Kraken Lithium swarm. To date, a total of 10,095 m of drilling has been completed in four phases at the main discovery areas, as well as an additional 522 m in six holes at the Hydra Dyke, 10 km to the northeast. Most of the Phase 4 drilling was completed in the East Dyke and Killick Dyke areas where the Alliance previously announced 2022 and 2023 drilling returned up to 1.04% Li2O over 15.23 m in GH-22-27, 1.08% Li2O over 9.50 m in GH-22-26, 1.22% Li2O over 13.37 m in GH-23-45, 0.81% Li2O over 21.00 m, and 0.99% Li2O over 10.16 m in GH-23-46. The latest drill program has expanded the dyke system to the south and has intersected a new dyke to the east of Killick, which requires further testing. Referred to as Killick East, this new dyke was intersected in drill holes GH-23-47, GH-23-56, and GH-23-59 over a 100 m strike length and returned values up to 1.54 m @ 0.68% Li2O in hole GH-23-56. The Killick Dyke system remains open to the north and at depth. The Alliance is currently planning a Phase 5 program to begin in late September or early fall, 2023. The Phase 5 program will test numerous new targets generated from current mapping and channel sampling as well as the main Kraken Dyke swarm area (including Kraken West and Kraken North) and drilling to expand the East Dyke and Killick Dyke areas.

Steve Stares, President and CEO of Benton Resources Inc. said: “Lithium-rich pegmatite dykes are highly variable and complex, but our approach of using multiple exploration techniques continues to expand the target zone of this massive, still early-stage pegmatite field. Prospecting, soil sampling, trenching, channel sampling, and diamond drilling all continue to provide essential data and encourage us to continue to the next phase of the work, including some excellent drill targets for the Phase 5 program.”

Table 1 – Phase 4 Diamond Drill Results

Hydra Prospect Drilling

The Alliance is also pleased to announce that it has received significant results from the six-hole (522 m) reconnaissance diamond drilling program recently completed on the Hydra (cesium/lithium/tantalum) target 10 km northeast of the Killick Dyke.

Initial drilling on the Hydra Dyke was successful in intersecting cesium-lithium-rubidium-tantalum mineralization in four of the six holes completed. The drilling has confirmed the continuation of mineralization at depth and along strike to the north for approximately 100 m. Highlights of the Phase 1 drilling include:

13.55 m grading 0.14% Cs2O from 4.85-18.4 m including 1.22 m grading 0.51% Cs2O from 13.45 m - 14.17 m (Hole HY-23-01)

Additional work completed on the Hydra Dyke includes detailed channel sampling at the discovery outcrop (44 samples) and geological mapping. The sections sampled are mineralogically similar to the previous surface sampling and in recent drilling. The best results from channel sampling in 2022 at Hydra averaged 8.76% Cs2O, 0.41% Li2O, 0.025% Ta2O5, and 0.33% Rb2O over a 1.2 m channel cut (see news release December 1, 2022). Additional results will be reported as received and after compilation in the coming weeks. The Alliance is planning further follow-up work including deeper drilling and testing the dyke along strike to the south. To date, the Hydra Dyke has only been tested to the north of the discovery outcrop.

Table 2 - Phase 1 Diamond Drill Results - Hydra Prospect

Kraken Area Channel Sampling

The Alliance has completed a series of channel cut samples across numerous newly discovered, as well as known, dykes exposed during previous and ongoing prospecting and trenching activities at Golden Hope. The most significant are newly exposed dykes to the west and north of the Kraken Discovery area. A number of these exposures have yet to be drill tested and will be tested as part of the upcoming Phase 5 diamond drilling program later this fall. In addition, channel sampling was carried out over known dykes trenched earlier this year or late 2022. All channel results are pending.

A total of 186 channel samples have been collected and most are currently being analyzed as sampling continues. Most samples were channeled across well-mineralized spodumene-bearing pegmatite dykes and sample lengths range from 0.35 m to 1.0 m, with an average of approximately 0.8 m. Channel samples were collected (from west to east) from the following areas:

1% Trench - 10 channel samples ranging from 0.6 m to 1.0 m in length were collected where 2022 prospecting sampling returned a grab sample assaying 1.11% Li2O to the west of the Kraken Discovery area. All pegmatite dyke channel samples contained significant spodumene and the dyke will be drill tested in the Phase 5 program.
Colin's Turn Trench - 13 channel samples ranging from 0.5 m to 1.0 m in length were collected on the west end of the Kraken North Dyke as currently exposed. Two continuous channel cuts sampled spodumene mineralization over 2.0 m in width and are similar to that in the dyke further east. Drilling is planned for this location in the Phase 5 program.
Kraken North - 58 channel samples ranging from 0.35 m to 1.0 m in length were collected in four separate trenched exposures of the Kraken North Dyke over a strike length of 150 m. All areas contain spodumene-bearing pegmatite dykes that assayed up to 2.17% Li2O in earlier grab sampling. Only one drill hole has tested one part of this dyke system with assays of 16.2 m @ 0.43% Li2O including 1.8 m @ 1.10% Li2O in hole GH-22-05. Several drill holes are planned for this target in the Phase 5 program.
·Kraken Northeast - 38 channel samples ranging from 0.6 m to 1.0 m in length were collected from a new trench excavated near the site of drillhole GH-22-06 where assays demonstrated 1.5 m @ 0.32% Li2O from 3.5 to 5.0 m down the hole before it was lost at 38 m. Recent mapping and channel sampling indicate spodumene mineralization present in multiple exposures at the new trench. Additional drilling is warranted and is planned for the Phase 5 program.
East Dyke - 13 channel samples ranging from 0.45 m to 1.0 m in length were collected at the East Dyke surface exposure. Pegmatite samples contained significant medium- to coarse-grained spodumene similar to that encountered in drilling (e.g., 1.00% Li2O over 5.5 m in hole GH-22-08). This channel sampling will assist in the 3D interpretation of the East Dyke and Killick Dyke zones.
Hockey Stick Trench - 19 channel samples ranging from 0.70 m to 1.0 m in length were collected at the Hockey Stick Trench. The pegmatite dyke exposed in the trench is mineralogically similar to other lithium-bearing dykes nearby and along strike. Sample analysis will assist staff in vectoring toward lithium-rich parts of the dyke system.
·Northeast Dyke - 48 channel samples ranging from 0.55 m to 1.0 m in length were collected in two separate trenches in this area. Pegmatite dykes sampled contained spodumene in several sections of the exposures. Two drill holes GH-22-23 and GH-22-24 were completed here in 2022 and yielded anomalous Li2O. Further evaluation of the dykes is warranted.

Soil Sampling

The Alliance is continuing to outline significant lithium in soil targets as part of its property-scale program covering the greater than 20 km corridor of prospective geology to the NE and SW. Line spacing ranges from 200 m to 500 m in recon areas to 100 m in detailed areas adjacent to known prospective dykes (see Map 3 below). Results continue to match those received from the initial discovery area where lithium values ranged from 75 to 200 ppm (Li) and are considered significant. These targets will be subject to field follow-up work including prospecting and till sampling, and where warranted, diamond drilling this fall. To date in 2023, a total of 2856, B-Horizon soil samples have been collected and processed at Eastern Analytical Ltd. in Springdale NL for lithium, tantalum, rubidium, and tin analysis. The results for approximately 900 soils remain pending and include lines completed to the west of all known lithium occurrences to date, lines to the northeast of the main dyke swarm, and lines completed at the Hydra Dyke area (detailed below):

Kraken West - Data from 15 lines at 100 m spacing have been compiled at Kraken West extending soil coverage 1.6 km west of previously known spodumene pegmatite dykes. Several anomaly clusters are evident in the new soil data, which will be subject to immediate follow-up evaluation.
Kraken Northeast - Data from eight, 100 m - 200 m spaced lines have been received from the Killick East Dyke to the Northeast Dyke areas. These lines provided infill sampling with positive results near known spodumene dykes, confirming the effectiveness of the soil sampling, in addition to extending anomalous Li in soils 450 m to the northeast of known spodumene dykes.
Triangle Pond - 13 soil lines spaced 200 m - 500 m apart have now been received from the Triangle Pond to Grandy's Brook area that outline at least two significant parallel NE-SW trending Li-Ta anomalies over 4.5 km in length. Initial observations confirm the presence of multiple pegmatite dykes in the areas of the soil anomalies with work ongoing to help vector within the system toward lithium-bearing phases. Top Pond Ridge - eight soil lines spaced 500 m apart have been completed with data received for the Top Pond Ridge area. Lithium in soil anomalies is evident on six of these lines and exhibits broad multi-station responses continuous over a 2.5 km strike length. Initial observations confirm the presence of multiple pegmatite dyke occurrences, and some sampling has been completed.
Hydra - A new soil grid with 500 m spaced soil sampling lines was recently initiated at the Hydra Dyke area. A small, detailed orientation soil grid was completed near the known cesium-lithium-rubidium-tantalum dyke occurrence in the spring of 2023 with positive results (soils to 996 ppm Li, 105 ppm Nb and 141 ppm Ta near the Hydra Dyke). Initial samples collected from the new larger grid are pending analysis and sampling is ongoing.

Prospecting

Partial results have been received from the ongoing prospecting program underway at Golden Hope. Much of the prospecting activity has focused on the follow-up of soil geochemistry results, which have identified pegmatite dykes in each new anomaly area, as described above. The most significant result to date is from the west Kraken area where spodumene-bearing float and outcrop, as yet untested by diamond drilling, have been uncovered and where preliminary assays from grab samples have returned up to 0.64% Li2O within open-ended soil geochemical anomalies. Large blocks of spodumene bearing float uncovered between the Killick and West Kraken zones, which appear to represent a new dyke(s), have returned values up to 0.58% Li2O and are untested by diamond drilling. This area will be further evaluated in preparation for Phase 5 drilling targeting.

Prospecting results from selected soil geochemical anomalies have returned strongly elevated beryllium (Be to 1,476 ppm) and tantalum (Ta to 507 ppm) enriched dykes which are part of the larger family of Lithium/Cesium/Tantalum (LCT Type) dykes. Vectoring within the LCT dyke systems will assist in the discovery of lithium-bearing pegmatites. Numerous soil geochemical anomalies remain to be investigated and soil sampling activities are continuing.

QA/QC Protocols

Rock and core samples are submitted to SGS Canada Inc. in Grand Falls-Windsor, Newfoundland for preparation and then sent to the SGS Canada Inc. analytical laboratory in Burnaby, British Colombia for analysis. All samples were acquired by hand (rocks) or saw-cut (channels/drill core) and delivered, by Benton/Sokoman personnel, in sealed bags, to the Grand Falls-Windsor prep lab of SGS, which is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using SGS's GS_IMS91A50 method that delivers a 56-element package utilizing sodium peroxide fusion, ICP-AES, and ICP-MS analytical techniques. All reported assays are uncut. Soil samples were collected by Sokoman/Benton personnel utilizing a standard Dutch-auger, collecting B Horizon soil, where possible. Where B was not present, the soil horizon or type was noted. Soil samples were sent to Eastern Analytical Ltd., in Springdale, NL, for Li, Ta, Sn, and Nb analyses by four-acid digestion, analyzed by ICP-OES. Eastern Analytical Ltd. achieved ISO 17025 accreditation in February 2014 (for more details on the scope of accreditation visit the CALA website).

This news release has been reviewed and approved by Timothy Froude, P.Geo., President and CEO of Sokoman Minerals Corp., and Stephen House, P.Geo., VP Exploration for Benton Resources Inc., both 'Qualified Persons' under National Instrument 43-101.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake, and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, 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, and Cononish in Scotland. The company also entered into a strategic alliance with Benton Resources Inc. through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland. Sokoman now controls independently and through the Benton alliance over 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly emerging gold districts. The company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly White Metal Resources Inc.), and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

About Benton Resources Inc.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio of Gold, Silver, Nickel, Copper, Platinum Group Elements, and most recently Lithium and Cesium assets. In addition, it currently holds large equity positions in other mineral exploration companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.

Benton also entered into a 50/50 strategic alliance with Sokoman Minerals Inc. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope, and Kepenkeck in Newfoundland.

For further information, please contact:

Sokoman Minerals Corp.
Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Benton Resources Inc.
Stephen Stares, President & CEO
Phone: 807-475-7474
Email: sstares@bentonresources.ca

CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: cathy@chfir.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.”

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Alliance’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Alliance’s prospects, properties and business detailed elsewhere in the Alliance’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Alliance does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Alliance’s expectations or projections.

John A 8/2/23 John A 8/2/23

Sokoman Minerals Reports High-Grade Gold Assays Fleur de Lys Gold Project - North-Central Newfoundland

Prospecting grab samples give values up to 13.96 g/t Au

St. John’s, NL, August 2, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce that a two-day scouting trip to Fleur de Lys has located the highest-grade rock sample values since staking the property in 2020. Grab sampling in an area that gave values up to 3.2 g/t Au in 1987 has not only verified the original showing but returned substantially higher grades, including the highest-grade value located by Sokoman - 13.96 g/t Au, from a 1- to 2-metre-wide shear zone with stringer quartz veining and 20-30% pyrite with minor arsenopyrite. Five rock samples were collected at random intervals along a 15-20 m section along an old logging road. Four samples of mineralized shear gave 13.96, 5.89, 2.55, and 1.46 g/t Au using metallic sieve gold analysis. A fifth sample of unmineralized wall-rock, gave 20 ppb Au. Of significance is that almost all of the gold was from the -150 mesh size fraction, suggesting very fine-grained gold similar to that at the Curraghinalt deposit in Northern Ireland.

The closest till sample line is located 2 km down-ice and along the structural trend, and has three consecutive samples with 51, 23, and 8 gold grains respectively. This mineralized zone is a prime exploration target for prospecting follow-up this month. Exploration will consist of detailed prospecting with some soil geochemistry in areas with the highest gold-grain counts. The exploration is expected to take three to four weeks to complete.

Tim Froude, President and CEO of Sokoman, commented: “We see strong similarities to Curraghinalt in Northern Ireland, where the gold occurs as fine inclusions in pyrite and in quartz veins hosted in shear zones without much alteration or gold in the wall-rock. These new results give us an additional target for follow up although the main focus will be on a cluster of gold-in-till anomalies in the northeastern part of the property, 20 to 30 km to the northeast of the recently discovered gold values, highlighting the broad, widespread gold potential at Fleur de Lys.”

Company geologists and prospectors recently toured gold systems in Dalradian / Caledonian rocks in Northern Ireland, which are equivalent to the Appalachian, Fleur de Lys Supergroup rocks, including mineralization in and around the world-class Curraghinalt gold deposit. Curraghinalt is host to >6 million ounces of NI 43-101 compliant* gold resources in 20+, discrete quartz veins ranging from tens of centimeters to more than 1.5 m in thickness. The veins have strike lengths in excess of 1.8 km and have been intersected in drill holes to 1,000 m vertically with the resources calculated by SRK Consulting (Canada) in 2018 to a 400 m depth. Curraghinalt, which remains open at depth, is the largest gold deposit in the Appalachian-Caledonian Orogen.

Mineralized Shear – Fleur de Lys Group (grab sample of rusty zone - 13.96 g/t Au)

Close-up of high-grade zone - Fleur de Lys Group (13.96 g/t Au grab sample)

The Fleur de Lys Gold Project

The 100%-owned project is located on the west side of the Baie Verte Peninsula in north-central Newfoundland, an area that has a long history of base metal and gold production dating back to the 1860s. The project is highly prospective for Dalradian-style (e.g., Curraghinalt) orogenic, vein-hosted, gold deposits and as such, represents a readily accessible, yet underexplored, district-scale, gold target in the Newfoundland Appalachians. The Fleur de Lys Supergroup, which underlies the project, includes equivalent rocks to the Dalradian Supergroup in the UK, where three significant gold deposits, including the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland are found. The Dalradian, vein-hosted, gold deposits occur in moderate to high-grade metamorphic terranes and are typically high grade.

Before Sokoman’s exploration, the Fleur de Lys belt had seen little modern exploration with some areas completely unexplored, even though historical grab sample values of 3.3 g/t Au to 25.5 g/t Au were reported from several locations (note: most historical assays have not been verified by the Company and should not be relied upon). Sokoman’s Fleur de Lys property is ideally suited to cost-effective exploration with excellent access and infrastructure, a supportive local population, a long history of mining, and support businesses.

The Company has completed a property scale C-Horizon Till sampling program (1,260 samples) implemented and overseen by Overburden Drilling Management (ODM), which has outlined strongly anomalous gold in tills overlying favourable rocks and structures with significant gold values in both float and bedrock. The background level of gold grains in tills for the project has been determined to be 10 grains in a 10- to 12-kilogram sample of screened till. ODM considers a Fleur de Lys sample to be anomalous if it contains two-times background or 20 gold grains. Results indicate that of the 1,260 samples collected, 328 samples, or just over 25%, have at least 20 gold grains (to a maximum of 230 grains) and are considered anomalous. Fifty-five (55) samples contain at least 60 grains (six-times background) with multiple samples containing more than 50% pristine gold grains. Gold grains described as pristine are considered to be from a local bedrock source. Of note - most gold grains at Fleur de Lys are small (<1 mm) as is most of the gold at Curraghinalt, where gold is intimately associated with pyrite mineralization in quartz veins.

In addition, limited prospecting has located anomalous gold in bedrock and float with 34 samples giving gold values >100 ppb Au (0.1 g/t Au), including 18 samples >500 ppb Au (0.5 g/t Au), and 10 samples >1000 ppb Au (>1.0 g/t Au) with a maximum of 6.2 g/t Au. The highest gold value was in an outcrop (a grab sample) in an area of strong gold-grain counts. A regional airborne magnetic survey (Geological Survey of Canada (GSC) - 2015) over the Baie Verte Peninsula suggests that multiple crosscutting structures occur in the vicinity of several strong gold in till anomalies and in multiple rock (grab and float) gold-bearing samples, all within a 5-8 km corridor adjacent to the Baie Verte Line. Interpretation of the till results by ODM defines a target area of 30 km strike length, with better-defined anomalies located within this 30 km long area.

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This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Till Sampling QA/QC

The till samples were collected by Sokoman personnel using field collection techniques provided by ODM. All samples were hand dug to the desired depth (C-Horizon Till) with a 10- to 12-kg sieved sample (8 mesh) placed in a clear plastic sample bag and sealed. Samples were shipped in plastic pails by bonded courier to the ODM lab in Ottawa, Ontario. The till samples are processed using procedures designed to progressively concentrate the heavy minerals, expose the gold grains and prepare a split of the heavy mineral concentrate (“HMC”) suitable for geochemical analysis if requested. The gold grains, more than 95% of which are normally silt-sized (Averill 2001), are observed at this stage with the aid of micro-panning and are counted, measured, and classified as to degree of wear (ie distance of glacial transport), then returned to the table concentrate. The pyrite content of the pan concentrate is estimated and the number of grains of heavier, visually distinctive indicator minerals such as arsenopyrite, galena, scheelite, cinnabar, etc. is recorded.

Quality Control and Quality Assurance Measures

In addition to using field duplicates to monitor the quality of the indicator mineral data obtained from specific projects, ODM performs blind tests to ensure that the recovery rates for all targeted minerals are consistently in the 80% to 90% range. Furthermore, both the quality of the mineral separation and the overall mineralogy of the concentrate are visible at every stage of the concentration process, minimizing the potential for sample mix-ups, indicator mineral carryover between samples, and other potential contamination issues. For example, gold grains, which are the most important indicator mineral on many surveys, are more susceptible to inter-sample carryover than any other indicator mineral due to their very small size, but these grains are physically observed during the first stage of mineral concentration, tabling, and if anomalous concentrations are present, blank samples are tabled and carefully inspected for gold grains before the next project sample is processed.

Rock Sample Analysis

Rock sample analysis (gold by fire assay) was completed at Eastern Analytical Ltd. (Eastern), in Springdale NL. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals’ personnel. Eastern is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Eastern routinely inserts industry-accepted standards and blanks in all sample runs performed as well as completing random duplicate analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. All reported assays are uncut.

About Sokoman Minerals Corp.

Sokoman now controls, independently and through the Benton Alliance, over 150,000 hectares (>6,000 claims – 1500 sq. km), making it one of the largest landholders in Newfoundland, in Canada’s newest and rapidly emerging gold districts. The Company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly White Metal Resources Inc.), and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby and/or referenced properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Fleur de Lys project through the Junior Exploration Assistance Program.

For further information, please contact:

Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

John A 7/26/23 John A 7/26/23

Sokoman Provides Update - Moosehead Gold Project, Central Newfoundland

Alpha IP Survey Identifies Multiple Anomalies

St. John’s, NL, July 26, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide an update on the Alpha IP Resistivity / Chargeability Survey completed at Moosehead earlier this year which has outlined first, second and third-priority anomalies to both the west and east of the main mineralized trends drilled in the central portion of the property. The anomalies will be evaluated with the data merged with earlier geophysical surveys and diamond drill holes to further refine drill targets. The Alpha IP Survey consisted of six Induced Polarization (IP) profiles on the grid laid out based on exploration objectives, geological target size, and terrain conditions with line lengths from 1450 m to 1525 m at 100 m intervals.

The Alpha IP has the potential to see deeper than older IP systems with the results pointing to high-priority targets to the west of, and below, the Western Trend, and a series of second and third-priority targets to the east of the Eastern Trend which may be linked to the 253 Zone initially drilled in 2022. Three figures included in this update show the location of the anomalies in a) a plan view; b) a plan view with mineralized zones; and c) a longitudinal sectional view.

The highest-priority anomalies (green dots) in the center of the surveyed area (Figures 1 and 2), correlate well with the location of the Eastern Trend, 75 Zone, and South Pond Zone mineralization. Figure 3 shows the anomalies on a long section view of the mineralized trends indicating that most of the anomalies on the western and eastern portions have not been tested by drilling. Calculated anomaly depths range from less than 100 m vertical to about 400 m depth.

Tim Froude, President, and CEO of Sokoman, says: “We are quite excited by the potential we see in the anomalies generated by the Alpha IP Survey. The similar character of the cluster of high-priority anomalies in the western part of the survey to those in the centre of the survey is quite intriguing and will obviously be addressed in the next round of drilling or trenching.

In addition to the contractor’s recommendations, we have just completed our own internal interpretation of the data and have come up with several targets independent of those outlined by Simcoe Geoscience. In total, we have 19 drill and or trenching targets (depending on depth) to investigate with a recommendation for approximately 3,800 metres of diamond drilling. We intend to begin testing these anomalies in about two weeks once drillers have returned from their regular scheduled break.”

Figure 1 – Plan view - Image showing location of Alpha IP Survey with targets shown

Figure 2 – Plan view - Alpha IP targets / mineralized zones at Moosehead

Figure 3 – Longitudinal section showing Alpha IP targets

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals Corp.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead Project through the Junior Exploration Assistance Program.

For further information, please contact:

Timothy Froude, P.Geo., President & CEO
Phone: 709-765-1726
Email: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
Phone: 416-868-1079 x251
Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Newsroom

Structural Consultant Dr. David Coller On-site

First significant gold occurrence in volcanic rocks

Emphasis on Emerging 552 Zone

Piedmont transaction highlights:

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About Sokoman Minerals Corp.

A New Mineralized Structure, the 552 Zone, Intersected in Four Holes; Remains Open

Analytical Techniques / QA/QC

About Sokoman Minerals Corp.

Piedmont transaction highlights:

Transaction Details

Royalty Agreement

Marketing and Purchase Rights

Newly Discovered Golden Bull Prospect Reports 9.02 g/t Au

The Fleur de Lys Gold Project

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Rock Sample Analysis

About Sokoman Minerals Corp.

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Analytical Techniques / QA/QC

About Sokoman Minerals Corp.

Prospecting

QA/QC Protocols

About Sokoman Minerals Corp.

About Benton Resources Inc.

Prospecting grab samples give values up to 13.96 g/t Au

The Fleur de Lys Gold Project

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Till Sampling QA/QC

Quality Control and Quality Assurance Measures

Rock Sample Analysis

About Sokoman Minerals Corp.

Alpha IP Survey Identifies Multiple Anomalies

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About Sokoman Minerals Corp.

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