Newsroom

Patrick Jacobson 6/22/20 Patrick Jacobson 6/22/20

SOKOMAN MINERALS CLOSES NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

St. John’s, NL, June 23, 2020 - Sokoman Minerals Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC; OTCQB:SICNF) is pleased to announce that it has received final approval from the TSX Venture Exchange (the “Exchange”) to close its non-brokered flow-through private placement (the “Placement”), previously announced on June 15th, for gross proceeds of $1,482,945. The Company will issue 12,895,174 flow-through shares at a price of $0.115 per flow-through share.

The private placement was effected with an insider of the Company subscribing for $300,000, that portion of the Placement a ”related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation and minority approval requirements set out in MI 61-101. The Company is exempt 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. Additionally, the Company is exempt from minority shareholder approval under sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Units nor the consideration received in respect thereof from interested party exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the transaction. Material change reports were not filed 21 days prior to the closing of the financing because insider participation had not been established at the time the financing was announced.

Other placees include new participating groups such as Middlefield Group and certain funds managed by Sprott Asset Management LP, who jointly represent half of the placement, and we are pleased to confirm that Eric Sprott added to his position, maintaining his current ownership percentage.

All securities issued pursuant to the Placement are subject to a four-month-and-one-day hold period. Finders’ fees will be paid to various finders in accordance with Exchange policy.

Financing proceeds will be used to advance Sokoman’s flagship Moosehead Gold Project through a minimum of 10,000 m diamond drill program to focus on deeper testing of the high-grade Eastern Trend to at twice the current tested levels of 200 m vertically (+ 400 m vertical targets), as well as follow-up (including drill testing) of other high priority targets identified by the late 2019 gold in till sampling program (full results expected in Q3) and the recently completed airborne magnetic survey.

Tim Froude, President and CEO of Sokoman, said: “We are delighted to see continued support and interest in our Company from loyal shareholders as well as several major new investors. With this new placement and our existing treasury of $1.4M, we are very well-positioned to move forward with an aggressive drill program here at Moosehead.”

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project* (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which is believed to host potential DSO iron deposits.

*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 financial support of the project through the Junior Exploration Assistance Program. Sokoman is also applying for JEA funding for the 2020 season.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

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.

Patrick Jacobson 6/14/20 Patrick Jacobson 6/14/20

Sokoman Minerals Announces Non-Brokered Flow-Through Private Placement

St. John’s, NL, June 15, 2020 - Sokoman Minerals Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC; OTCQB:SICNF) today announces that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares (the “Private Placement”). The Private Placement is expected to be filed with the Exchange on or around June 19, 2020.

Sokoman intends to issue flow-through shares at a price of $0.115 per flow-through share for gross proceeds of up to $1,500,000. The flow-through shares will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

In connection with the private placement, the Company will pay finders’ fees of 6% cash and 6% broker warrants, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a four month and one day hold period. The Private Placement is subject to approval by the TSX Venture Exchange.

Sokoman’s treasury currently sits at around $1.4M cash. The proceeds of this financing will be used to advance Sokoman’s flagship Moosehead Gold Project through a minimum of 10,000 m diamond drill program to focus on deeper testing of the high-grade Eastern Trend to at twice the current tested levels of 200 m vertically (+ 400 m vertical targets), as well as follow-up (including drill testing) of other high priority targets identified by the late 2019 gold in till sampling program (full results expected in Q3) and the recently completed airborne magnetic survey.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse Fe) project which is believed to host potential DSO iron deposits.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 5/14/20 Patrick Jacobson 5/14/20

Sokoman Minerals Completes Extended Phase 5 Drilling Program At Moosehead, Central Newfoundland

MH-20-98 Extends Lower Main Zone by 75 m – Zone Remains Open

St. John’s, NL, May 15, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) has concluded the Phase 5 drilling at the Moosehead gold property, including an additional 1,390 m in four holes, bringing the Phase 5 total to 4,619 m in 17 holes. The Phase 5 drilling was initially halted after 13 holes (3,229 m) due to deteriorating spring field conditions and the COVID-19 pandemic. However, an extension of the program was made possible due to additional measures taken to protect the health and safety of field workers as well as improved field conditions.

The additional drilling, which was focused on the lower high-grade zone at an approximate vertical depth of 200 m (see attached plan and projected long section), extended the gold mineralization 75 m to the north with the zone remaining open. This lower high-grade shoot has given some of the highest-grade results at Moosehead, including MH-19-62 (7.2m @ 22.35 g/t Au) and MH-19-81 (6.4 m @17.34 g/t Au). MH-20-98, the final hole in the extended program, cut the Eastern Trend structure at a down hole depth of 296 m (200 m vertical) intersecting a 4.6 m core length (true width est. at 75-90% of core length) of visible gold bearing quartz vein and quartz breccia. MH-20-98 intersected the zone 75 m to the northeast of MH-19-81 and 27 m to the northeast of MH-20-97, which encountered visible gold bearing quartz veining over a 2 m core length. MH-20-98 is the northernmost hole drilled on the lower main zone, and it appears to suggest a flattening or possible folding of the high-grade shoot, as the intersection is approximately 20 m deeper than the intersection in MH-19-81. A plan and a projected longitudinal section map showing location of holes and relationship to the previous drilling are attached.

Tim Froude, President & CEO of Sokoman, said: “We were thrilled to add additional holes to the Phase 5 program as we wanted to test the lower zone in more detail and to add additional strike length to the zone. Logging and sampling of the new holes is ongoing as we await assay results from the initial 13 holes. The Company can’t predict when all assays will be received as the Springdale laboratory is working with a reduced workforce. A news release will be issued once all outstanding assays have been received.

We are in the planning stage for the rest of 2020, which will include ground follow-up on the results of the C-horizon till program, where approximately 50% of the samples processed are highlighted by three sites with 54, 62 and 63 gold grains, with many pristine (irregular in shape) grains, usually indicating a short transport distance from source. The geological model is also being updated ahead of the future diamond drill program planning.”

Analytical Techniques / QA/QC

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 Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible 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 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. In addition, random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

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

Sokoman Minerals Corp. (TSX.V: SIC) is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland optioned to White Metal Resources Inc. 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.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

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.

Patrick Jacobson 4/21/20 Patrick Jacobson 4/21/20

Sokoman Minerals To Initiate A Short Follow-Up Drill Program At Moosehead, Central Newfoundland

St. John’s, NL, April 22, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) today announced that it has made a strategic decision to follow-up on the recently completed Phase 5 drill program at Moosehead Gold Project with a short program to make use of the currently favourable weather conditions. The program is aimed at testing the northern extension of the lower high-grade shoot, where the Company has encountered some of its highest gold gram-metre results including MH-19-62 (7.2m @ 22.35 g/t Au) and MH-19-81 (6.4 m @17.34 g/t Au). The new holes will test, in 25 m step-outs, the northerly projection of the lower zone at about 200 m vertical depth.

The drill rig, which remained on the property after completion of the Phase 5 program, will be utilized to drill 3 to 4 holes, each to a down hole depth of 275-300m (~200m vertical), with a total of 800-1,000m proposed.

Tim Froude, President and CEO of Sokoman, said: “While hundreds of assays remain in the assay lab from the recently completed Phase 5 program, we see an opportunity to drill during the cold snap we are experiencing in Central Newfoundland. Sokoman will be taking additional precautions with respect to Covid-19 and maintaining social distancing during operations as required. The holes will be drilled from the east side of North Pond and should take two weeks to complete unless field conditions become unfavourable.”

The Phase 5 program, initiated in February and terminated in late March, consisted of 13 drill holes totaling 3,229 metres. Seven holes were drilled from the ice on North Pond testing the extension of the upper, high-grade, shoots of the Eastern Trend. Visible gold bearing quartz veins and mineralized host rock were intersected on all four sections over core intervals ranging from less than a metre to approximately 9.5 metres (true thickness estimated at 75-90% of core intervals).

Sokoman is in the planning stage for the remainder of 2020 at Moosehead, including ground follow-up on the results of the C-horizon till program, where, although only approximately 50% of the samples have been processed, three sites with 54, 62 and 63 grains of gold have been found, against a background of less than 10 grains. The geological model is also being updated to allow for a better planning of future diamond drill programs.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

*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 financial support of the project through the Junior Exploration Assistance Program in 2019 and is also applying for funding for the 2020 season.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

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.

Patrick Jacobson 3/30/20 Patrick Jacobson 3/30/20

Sokoman Minerals Provides Exploration Update On Moosehead Gold Project, Central Newfoundland

St. John’s, NL, March 31, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to provide an update on its winter exploration program at the Moosehead Gold project.

Phase 5 Diamond Drilling

The Company has completed the minimum 3,000 m commitment for the Phase 5 drilling and has ceased field operations for the spring break-up period. The Phase 5 program consisted of 13 drill holes totaling 3,229 metres. All holes reached their target depths except one land-based hole which was abandoned at 45 metres due to excessive deviation.

Seven holes were drilled from the ice on North Pond testing the extension of the upper, high-grade, shoots of the Eastern Trend. Visible gold bearing quartz veins and mineralized host rock were intersected on all four sections over core intervals ranging from less than a metre to approximately 8.0 metres (true thickness estimated at 75-90% of core intervals). The two discrete mineralized zones that were discovered during the 2019 ice program were intersected in the current program as well. They remain shallow – generally between 30-70 m vertical with visible gold on both structures. The current program has extended the Eastern Trend an additional 100 m to the north where it remains open. Core logging is not complete and the core intervals noted are subject to revision.

Land based drilling of the Eastern Trend focused on evaluating gold mineralization in the deepest mineralized shoot identified to date, at approximately 200 m vertical. Several holes were completed on the southern down-plunging portion of the shoot to infill a 75 metre gap between historical drill hole MH-03-15 (52.54 g/t Au / 2.34 m) and previously released Phase 4 drill hole MH-19-69a (18.10 g/t Au / 1.45 m including 82.17 g/t Au / 0.30 m). A single hole targeted the up-plunge portion of the lower shoot north of MH-19-62 (22.55g/t Au /7.20 m) and MH-20-81 (28.29 g/t Au/ 3.90 m). This shoot remains open both up-plunge to the north and down-plunge to the south and will be tested further in the next phase of drilling.

Due to the ongoing COVID-19 outbreak, core logging and sampling have temporarily been suspended and all staff have returned home. The Company has been informed by Eastern Analytical, the Springdale, NL-based laboratory providing analytical results, that work at the lab is continuing with a reduced workforce. As a result, there is no set timeline for the receipt, or release, of assay results from the drilling. Updated maps and sections will be posted once all logging and data entry have been completed.

Airborne Magnetic Survey

The Company is also pleased to report that it has received the final report from Prospectair on the high-resolution magnetic survey completed in January. The data is undergoing modeling and computer enhancement. Features requiring ground follow-up, once ground conditions permit, are already obvious.

Glacial Till Sampling

The initial results from the fall till sampling program have been received and will be merged with other existing geochemical data. This will then be combined with the high-resolution magnetic data to plan a prospecting, and possible trenching, field program for Q2 / Q3 2020. While approximately 50% of the samples have yet to be processed, several samples with strong gold grain counts from 54 to 63 grains with significant pristine / locally derived gold grains, warrant follow-up. These particular samples were collected from areas of the property with no or limited drilling and no previous gold mineralization noted. The contractor, Overburden Drilling Management of Ottawa, ON has informed Sokoman that the receipt of results will be affected by work slowdowns or stoppages in an effort to deal with the COVID-19 issue in a responsible manner.

Timothy Froude, P. Geo., President and CEO, comments: “While the pace of future work is currently uncertain, we are pleased with what we have accomplished with the Phase 5 drilling and other activities at Moosehead. We achieved our goal of 3,000+ metres drilled, with more than half of the holes drilled from the surface of the pond. The first till results from the 2019 program are encouraging, and together with the new airborne magnetic data, should provide an exciting follow-up program.

Sokoman will remain active evaluating results to date and planning future exploration, both at Moosehead and on our other projects. We will continue the modeling and interpretation of the Moosehead gold zones, as our geologists and consultants can work from home. As soon as conditions return to normal, we will once again ramp up our exploration efforts.”

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

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. The Company is applying for funding for the upcoming 2020 season as well.

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

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 2/26/20 Patrick Jacobson 2/26/20

Sokoman Minerals Provides Phase 5 Exploration Update

3-D Model Incorporating Western and Eastern Trends Unveiled

ST. JOHN’S, NL / ACCESSWIRE / February 27, 2020 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the “Company” or “Sokoman”) is pleased to provide the following exploration update and to announce that the 3-D model of the Moosehead mineralized zones, incorporating the Western and Eastern Trends, has been finalized and can now be viewed on the Company website under the Investors – Media tab.

Phase 5 Drilling

The Phase 5 drilling program is underway with one rig testing the down-plunge extensions of the Eastern Trend, based on the 3-D modelling.

Ice-making is ongoing on North Pond to allow drilling from the ice, with a second drill rig, to test the up-plunge potential of the northern extension of the Eastern Trend. At present, weather conditions are not ideal for making a new ice layer, so the Company is working with the contractor to secure a lighter drill that can be used at the current ice thickness.

As of Feb. 26, four drill holes have been completed from the east side of North Pond and the first shipment of core samples (180 in total, including blanks and standards) have been sent to Eastern Analytical Ltd. in Springdale, NL, for Au and ICP analysis. Gold will be assayed by standard 30 g fire assay, with selected samples tagged for metallics assaying based on the presence of visible gold. Results are expected in 4 to 6 weeks.

“We expect 2020 to be a breakout year for the Moosehead project, both in terms of expanding the known mineralization, and in discovering new zones of gold mineralization based on our magnetic and till surveys. We have focused on a 2 km length of the over 8 km potential mineralized structure and we intend to evaluate this untested potential once we have received and merged the new and historical data. A follow-up prospecting/trenching program is planned by the 3rd or 4th quarter of this year to define new drill targets,” commented Timothy Froude, P. Geo., President and CEO.

3-D Model

The video of the 3-D model begins with an overhead view of the North Pond/South Pond area showing the drill holes and geology of the main mineralized area. The video then starts a 360 degree, rotating view, beginning with the geological model and moving through to the structural components, followed by the mineralized systems as currently understood, and culminating with colour-coded parts per million (g/t) gold concentration (Au-ppm) in the zones identified to date.

One of the key take-aways is the compelling evidence that links the Eastern and Western Zones as splays off a common structure, with potential high-grade intersections at depth, below the current level of drilling @ 200 m vertically, as well as in the South Pond Area, 200-300 m further south from North Pond. Limited historical drilling in this area has resulted in sporadic hits of gold mineralization with MH-01-07 cutting a 0.34 m banded quartz vein that assayed 13.5 g/t Au. Significantly, a large cluster of angular gold bearing boulders assaying up to 17.2 g/t Au has been reported from historical prospecting along the northern shore of South Pond. This boulder field lies directly above the inferred southern intersection of the Western and Eastern Trends.

Additional Targets

In early Q2 2020, the Company expects to receive the results of the recently completed helicopter-borne, high-resolution magnetic survey flown last month over the entire property. Flight lines were spaced at 50 m over most of the property with the exception of a 2 km section, covering the Eastern and Western Trends, that was flown at 25 m spaced lines. Mafic dikes in many of the drill holes with gold mineralization should be susceptible to the magnetics and will help model and guide future exploration.

The Company is also expecting to receive the results of a C-horizon till sampling program which covered the southern 2/3rds of the property in the fall of 2019. Samples are being evaluated for gold grain analysis by Overburden Drilling Management in Ottawa. Historical till sampling programs have covered selected areas of the Moosehead property, however this is the first time that gold grain analysis, which helps define distance of transport of the gold grains, has been done. The morphology of gold grains in glacial till can be used to estimate how far the ice has moved them, and this can be used to zero in potential source areas. Historical till sampling has given values greater than 10 g/t Au, which remain unexplained and which appear to be unrelated to known zones of gold mineralization.

PDAC 2020 Participation

Sokoman will be exhibiting at PDAC 2020 on March 1-4 in Metro Toronto Convention Centre, Booth #2432. The Company’s CEO Tim Froude will also be giving a presentation on Monday, March 2 at 3:45 pm in Room 802 (Corporate Presentation Forum for Investors).

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project in the past through the Junior Exploration Assistance Program. The Company will again be applying for funding for the upcoming 2020 season.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 2/3/20 Patrick Jacobson 2/3/20

Sokoman Minerals Completes Airborne Magnetic Survey, Awards Phase 5 Diamond Drilling Contract And Receives 3-D Model For Moosehead Gold Project, Central Newfoundland

St. John’s, NL, February 4, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) has completed a high-resolution magnetic survey over the Moosehead Project, awarded the diamond drilling contract to start Phase 5 in a few upcoming days, and received a full 3-D model of the Moosehead mineralization.

The 781 line-kilometre survey, flown by the contractor Prospectair GeoSurveys at 25 and 50 metre line spacings with the 25 metre spaced lines, centered on the area containing the Western and Eastern Trends and their inferred north and south extensions. Dynamic Discovery Geoscience of Ottawa, ON will start processing the data immediately, with a final report expected in 4-6 weeks.

The Company is also pleased to announce that it has awarded the Phase 5 diamond drilling contract to Springdale Forest Resources of Springdale, NL. Phase 5, consisting of a minimum of 3,000 m, will commence on or about February 7, 2020 and will last until spring breakup or whenever field conditions begin to deteriorate. The program will focus on the up and down plunge potential of the Eastern Trend as well as the newly realized potential link between the Western and Eastern Trends.

The Company has also received a 3-D model of the Moosehead mineralization from Mercator Geological. Sokoman is excited about the results and is currently evaluating the model and associated commentary in order to optimize the upcoming drilling program. The Company will post the full model on the website as soon as possible and will be posting select screen grabs in the meantime.

Timothy Froude, P. Geo., President and CEO, comments: “We are very excited to be starting field operations again at Moosehead. Our crew has been actively removing snow and flooding portions of North Pond in an effort to build sufficient ice thickness to allow an ice-based program. Should we succeed, a second drill will then be added to the winter program to facilitate additional holes. The contract is for a minimum of 3,000 metres, with hopes to go above that. We are also extremely pleased with a 3-D model developed by Mercator and look forward to implementing the findings of their report. The report suggests the area around South Pond as a strong target area where the Eastern and Western Trends may intersect. The same area has a large cluster of historical gold bearing float.”

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project in the past through the Junior Exploration Assistance Program. The Company is applying for funding for the upcoming season as well.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 1/16/20 Patrick Jacobson 1/16/20

Sokoman Minerals Provides Winter 2020 Exploration Update At Moosehead Gold Project, Central Newfoundland

St. John’s, NL, January 17, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to provide an update on its current activities and near-term plans.

Notable events since the end of Phase 4 drilling include the following:

The Company has commissioned an approximate 800 line-km airborne magnetic survey over the entire property to help map out mafic dikes as well as key structures important for mineralization.

Sokoman has completed a till sampling program and the samples were submitted for gold grain study as well as Heavy Mineral Concentrate (HMC) analysis, with the results expected in March 2020.

The 3-D Model of Moosehead is in the final stages of production and is expected to be finalized by the start of Phase 5 drilling. A recently released report on the structural controls of mineralization, in association with the 3-D Model, will form the basis of the next drill program.

Phase 5 of drilling at Moosehead is expected to start in the beginning of February 2020.

Timothy Froude, P. Geo., President and CEO, comments: “We have been quite active at Moosehead and laying the framework for a busy and productive 2020. The marriage of the new till survey with a modern and detailed magnetic survey could unlock new zones of potential gold mineralization on underexplored areas of Moosehead. The main structural break extends the full length of the property, and historical work has shown that there is potential for gold mineralization along the entire length. We feel the time is right to evaluate the entire Moosehead Property ─ as history has shown, deposits tend to occur in clusters, and so far, we have only evaluated in detail 25% of the property.”

Airborne Magnetic Survey

Sokoman has commissioned the first magnetic survey over the property in almost 20 years. The new survey will be flown with a helicopter at 50 m line spacings, with the exception of a core area centered on the Western and Eastern Trends that will be at 25 m spacings. The strong spatial association of mafic dikes with areas of significant gold mineralization is a feature that the magnetic survey could help define, as well as identify targets over other areas of the property that have not been investigated to date. That survey is expected to be completed in the next 2-3 weeks.

Glacial Till Sampling

In late 2019, the Company completed a property wide, C-horizon till sampling program, to outline potential targets in other areas of the property identified by previous operators. Many historical till samples were not evaluated from a gold grain morphology perspective, most were simply analyzed for gold and other elements.

The Company feels that the most important aspect of a till sampling program is to determine how delicate gold grains are, as it is vital in helping locate where the exact source(s) of gold may lie. Previous workers have identified areas, particularly in the eastern and southern portion of the property, of gold bearing float, till and soil, with little to no follow-up. A large cluster of gold bearing quartz float (assaying from 5.40 to 17.20 g/t Au from grab samples), is known to exist at the north end of South Pond, just off the southern end of the current known strike length of the Eastern Trend. The till survey could help target the source of those float boulders.

The samples from the survey were shipped to Overburden Drilling Management in Ottawa for gold grain study as well as HMC analysis. The results of the till sampling are expected in March 2020.

3-D Model

Sokoman has been working with the contractor to upgrade the 3-D model of Moosehead and the recent results point to significant changes in the perception of the setting of the mineralization. Based on recommendations from the Structural Report, the scope of the 3-D modelling was increased to include the Western Trend.

The most significant development suggests that the Western Trend and Eastern Trend may be linked, and that the Western Trend appears to be a splay off of the main shear structure hosting the Eastern Trend. The model is now being refined and will help further define the Phase 5 drilling program.

Phase 5 Drilling

The Phase 5 Winter Program is expected to start in the beginning of February 2020. Field preparations have begun with flooding of North Pond in advance of an ice-based program to test the up-plunge extensions of the high-grade shoots in the Eastern Trend, as well as to test targets defined by the ongoing 3-D modelling. Sokoman has issued a call for bids for a minimum of 3,000 m, but the exact extent of the Phase 5 program will largely be weather dependent. The Company expects to conduct several phases of drilling in 2020.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project in the past through the Junior Exploration Assistance Program. The Company is applying for funding for the upcoming season as well.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

daniyal khsolutionz 1/10/20 daniyal khsolutionz 1/10/20

Sokoman Minerals Resumes Phase 6 Drill Program At Moosehead Gold Project, Central Newfoundland

Program expanded to a minimum 20,000 m with two drills

St. John’s, NL, January 11, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (“the Company” or “Sokoman”) is pleased to provide an update on its ongoing Phase 6 drill program at Moosehead Gold Project (“the Project”), in Central Newfoundland. Phase 6, which started in September 2020 and was paused for a Christmas break, will re-start with one drill rig on or around January 15, 2021, adding the second drill rig in the first week of February.

Highlights of the revised program include:

A second drill to be added
Doubling the minimum commitment to 20,000 m from the original 10,000 m
Moving to a new, larger, core logging facility
Increasing staff to meet the increased drilling requirements

Tim Froude, President & CEO of Sokoman, said: “We are very pleased to announce the expanded program and the additional diamond drill at Moosehead. The last round of financing allows us to increase the initial commitment to at least 20,000 m, and as a result, we have moved to a larger core logging facility and are hiring additional staff to take on the added work. We expect the new core building to be fully functional by January 15, with first core to follow immediately. The extra meterage will be distributed as needed to expand on the currently defined zones to depth and on strike, as well as targets not yet tested, many of which required winter conditions to access, including multiple glacial till samples with high gold grain counts (>50 grains), the majority of which are pristine in morphology. Assays for some holes remain outstanding and we expect to be able to release new results by the end of January.”

To date in the Phase 6 drill program, Sokoman has logged and sampled 22 holes totaling 6,650 m. Phase 6 has delivered excellent results including MH-20-115 that returned two discreet, high-grade zones including the newly recognized Footwall Splay, that gave 4.60 m @ 47.20 g/t Au, as well as a slightly deeper intersection in the Main Eastern Trend that returned 8.10 m @ 68.25 g/t Au (November 19, 2020 NR). Drilling at South Pond, 240 m south of the Western Trend, returned high-grade results (December 17, 2020 NR) of 5.0 m @ 26.88 g/t Au including 2.15 m @ 60.59 g/t Au. The intersection in MH-20-123 represents the in-situ source of the high-grade boulder cluster reported in July 2020, that averaged 36 g/t Au indicating that the system comes to surface. These intersections, and many other previously reported, are similar in style and grade to the world-class Fosterville Mine in Victoria, Australia, and establish Moosehead as a Fosterville lookalike, also fully supported by geological and structural criteria. Pending assay results, as well as ongoing 3D modelling, will shape the program more precisely, including the locations, number and depth of holes.

Sokoman is also pleased to report that a total of 5,656,904 warrants were exercised between July 2020 and January 2021 for gross proceeds of $459,440. The Company has $4.6M in its treasury and is fully funded for the increased Phase 6 drill program.

About Moosehead Gold Project

The 100%-owned Moosehead Gold Project is located along the Trans-Canada Highway in North Central Newfoundland, on the same structural trend as the advanced Valentine Lake Project (Marathon Gold), and adjacent to New Found Gold’s Queensway Project. Both the Moosehead and Queensway projects are targeting high-grade, turbidite-hosted, Fosterville-type gold mineralization.
The gold mineralization at Moosehead has been defined over a 500 m strike length and a 200 m vertical height and remains open, with high-grade drill results including 5.10 m of 124.20 g/t Au (MH-18-39) and 4.8 m of 33.59 g/t A, including 0.90 m of 124.15 g/t Au (MH-19-62).

Qualified Person

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.

COVID-19 Protocols

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project. Valentine Lake is reported to host estimated Proven and Probable Mineral Reserves of 1.87 Moz (41.05 Mt at 1.41 g/t Au), and Total Measured and Indicated Mineral Resources (inclusive of the Mineral Reserves) of 3.09 Moz (54.9 Mt at 1.75 g/t Au). Additional Inferred Mineral Resources are 0.96 Moz (16.77 Mt at 1.78 g/t Au). Reserves and resource totals for the Valentine Lake Project are taken from “N.I. 43-101 TECHNICAL REPORT & PRE-FEASIBILITY STUDY ON THE VALENTINE GOLD PROJECT” prepared by Ausenco Engineering Canada on April 21, 2020.

The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland optioned to White Metal Resources Inc. 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 financial support of the project through the Junior Exploration Assistance Program. Sokoman has been approved for funding for a portion of 2020 exploration activities.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x251
cathy@chfir.com

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

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.

Patrick Jacobson 12/30/19 Patrick Jacobson 12/30/19

Sokoman Minerals Closes Non-Brokered Flow-Through Private Placement

St. John’s, NL, December 31, 2019 - Sokoman Minerals Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC; OTCQB:SICNF) is pleased to announce that it has received final approval from the TSX Venture Exchange and has closed its flow-through, non-brokered private placement (the “Placement”) (previously announced on December 24, 2019) for total proceeds of $535,000 consisting of 5,350,000 Flow-Through Units (the “FT Units”) at a price of $0.10 per FT Unit. Each FT Unit consists of one flow-through common share and one half of a common share purchase warrant. Each full warrant is exercisable into one common share at a price of 20 cents per share for a period of 18 months from closing. Finders’ fees totaling $23,475 will be paid to various finders in accordance with the TSX Venture Exchange policy.

All securities issued pursuant to the Placement are subject to a four-month-and-one-day hold period. The proceeds of the financing will be used to advance the Company’s flagship Moosehead Gold Project.

Tim Froude, President and CEO of Sokoman, said: “We are grateful to see continued support and interest in our company. We have both long-time shareholders and some newly ‘converted’ investors coming into the placement, all expressing their excitement for Sokoman in 2020 and beyond. To date, Sokoman has drilled 18,600 metres at Moosehead, and with this new placement and our existing funds, we are now well-positioned to commence a substantially more aggressive drill program beginning early in 2020, which should allow us to bring Moosehead to the next level.”

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which is believed to host potential DSO iron deposits.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 11/26/19 Patrick Jacobson 11/26/19

Sokoman Minerals Receives Structural Report On The Moosehead Gold Property

Report Provides Insights on Gold Mineralization in the Eastern Trend and Identifies 2020 Drill Targets

St. John’s, NL, November 27, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that it has received the Structural Interpretation Report on the Eastern Trend Zone of the Company’s flagship Moosehead Gold Property in north-central Newfoundland. This report, prepared by Dublin-based Earth Tectonics Ltd., details the structural controls of gold mineralization in the Eastern Trend and provides recommendations for future exploration.

Timothy Froude, P. Geo., President and CEO states: “The Earth Tectonics report has greatly strengthened the case that the Moosehead property is of significant value to the Company. The geology, structure, and style of mineralization compare favourably to the Fosterville gold deposit in Australia, which added some very high-grade gold resources to Kirkland Lake Gold’s inventory after a deep drilling program in 2015. Moosehead, unlike Fosterville, has only been tested to shallow depths (~200 metres vertically). The report has identified multiple underexplored targets that will require extensive drill testing. To date, Sokoman has drilled 18,600 metres, largely in the Eastern Trend and immediate vicinity, reporting multiple high-grade intersections, including 5.65 m @ 93.56 g/t Au from MH-18-01 (see News Release dated July 24, 2018), and 4.80 m @ 33.59 g/t Au from MH-19-62 (see News Release dated April 16, 2019), which are among the highest-grade results in Canada in the past 18 months. It is our intention to become more aggressive and we anticipate multiple phases of drilling in 2020, starting in the early winter.”

Report highlights include:

Long section interpretations suggest a Main Zone consisting of several south-plunging high-grade shoots in the main fault-vein system which may be comprised of at least two lenses. The deepest drilling contains the highest-grade shoot at >100 gram-metres (grade multiplied by thickness) and is open in all directions.
Vein style and host structures are typical of a sediment or intrusive hosted gold system controlled by reverse or strike-slip shears in a low grade metamorphic, compressional regime.
The relationship between shearing and folding is similar to the Bendigo-Fosterville type gold deposits in Australia. These deposits are commonly multi-structured with principal shear-vein structures having considerable strike and depth extent (to >1000 m) as at Fosterville.
Phase 4 drilling has confirmed the geometry of the central area of the Eastern Trend which remains open along strike and to depth. The across-strike link with the Western Trend is also flagged as an area of potential interest.
The Eastern Trend exploration is at early stage with potential deposit size yet to be determined.

The Company is planning the next Phase (s) of drilling, mainly based on the interpretation and recommendations in the Structural Report. The main focus for 2020 will be to extend the Eastern Trend to depth and along strike to the north and south.

Selected excerpts from the Earth Tectonics Structural Report can be found at www.sokomanmineralscorp.com . The Company is also working on a 3-D model of the Eastern Trend, which will be posted on the Company’s website in due course.

The Company acknowledges and thanks the Government of Newfoundland and Labrador for its continued support of the Moosehead Project through the Junior Exploration Assistance program which provides funding for approved projects.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which is believed to host potential DSO iron deposits.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 11/11/19 Patrick Jacobson 11/11/19

Sokoman Minerals Named Explorer Of The Year By The Canadian Institute Of Mining, Newfoundland And Labrador Branch

November 12, 2019 – St. John’s, Newfoundland – Sokoman Minerals Corp. (TSX.V: SIC) (‘Sokoman’ or ‘the Company’) is excited to announce that on November 9, 2019 the Company was recognized by the Newfoundland and Labrador Branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM NL) as Prospector/Explorer of the Year for continuous advancement and outstanding results at its 100%-owned flagship Moosehead Gold Property in Central Newfoundland.

The project generated a lot of buzz not only provincially but countrywide when the first hole drilled on the property intersected almost 12 m of 44.96 g/t Au, followed by several successful phases of drilling and investment by Eric Sprott, who is the Company’s largest shareholder. To date, Sokoman has drilled 88 holes totalling 18,600 m at Moosehead, many of them showing visible gold and high grades.

“After acquiring the property from Altius Minerals, Sokoman’s team re-evaluated the geology of the area through the examination of recently exposed bedrock and mineralized veins and determined the orientation of the controlling structures on the property, forming a strategically used plan and a successful drilling program. Sokoman Minerals is a very worthy recipient of this year’s Explorer of the Year award,” said Jamie Powell, Chairman and President of the CIM NL.

Sokoman is gearing up for an aggressive 2020 drill program, focused mainly on extending the high-grade Eastern Trend. The total meterage to be proposed will be based largely on the results of the forthcoming structural report being prepared by Earth Tectonics, as well as additional targets identified internally.

About CIM NL and Annual Mineral Resources Review Awards

The CIM Newfoundland and Labrador (CIM NL) Branch provides the premier mining event in Atlantic Canada every year: the Mineral Resources Review, jointly hosted with the Department of Natural Resources. This event provides the mining community of Newfoundland with the opportunity to share insights into mining, their stories and accomplishments.

‘Prospector/Explorer of the Year’ is one of the four award categories given annually by each CIM branch for excellence in mining/exploration work as well as contribution to the region’s mining industry. The companies/individuals are nominated by its peers and the nominations are then reviewed by a special committee, which determines the winner in each category based on multiple criteria.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 10/23/19 Patrick Jacobson 10/23/19

Sokoman Extends Eastern Trend At Moosehead Gold Project

MH-19-81 cuts 17.34 g/t Au over 6.40 m; including 75.50 g/t Au over 1.45 m

St. John’s, NL, October 24, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to release the results of Phase 4 diamond drilling at the 100%-owned Moosehead Project in North-central Newfoundland. The program successfully extended the strike length of the Eastern Trend to at least 400 metres (see attached drill plan) and the zone remains open to the north, south and at depth. The Company estimates true thicknesses of holes drilled from east to west are >80% of reported core length (ie. MH-19-69A, 75, 81 and older holes such as MH-19-52, 62 and 63 etc.), while reported intersections in holes drilled from west to east (ie. MH-19-68 and older holes such as 18-01, 17, 39, etc.) are approximately 50% of reported thickness. The summary of drilling highlights is tabulated below.

Read complete Phase 4 assay results here.

*MH-01-34 cut 8.67 g/t Au over 1.25 m and 7.11 g/t Au over 1.05 m incl. 28.62 g/t Au over 0.22 m (core lengths).

**MH-19-62 cut 4.8m @ 33.48 g/t Au (core length – true thickness estimated at 90% of core length).

G x M (grade multiplied by thickness in metres).

Timothy Froude, P. Geo., President and CEO, states: “We are extremely pleased with the results from the fourth phase of drilling at Moosehead, as well as the preliminary structural assessment by Earth Tectonics. The evidence suggests excellent potential exists to extend known high-grade shoots both up and down plunge and to depth as well as the discovery of additional high-grade shoots (ie. MH-19-75) at Moosehead. Sokoman’s persistence, and drilling strategy to date, is providing the information required to begin to formulate a clearer picture of what may be happening at the Eastern Trend and indeed, the remainder of the property.”

A total of 4,272 metres were drilled in 18 holes largely targeting the high-grade Eastern Trend drilled mostly from the east side of the pond. Multiple holes delivered high-grade results. MH-19-81, the final hole of Phase 4, successfully intersected the high-grade Main Zone 25 metres to the north of MH-19-62, the northernmost intersection of high-grade mineralization to date, and the zone remains open. MH-19-80, the southernmost hole drilled in the program, extended the gold bearing Eastern Trend to the south where it also remains open along strike and to depth.

In addition to extending the strike length of the Eastern Trend, the Phase 4 program has provided key insights towards better understanding the controls on mineralization within the Eastern Trend.

The attached long section reflects a preliminary assessment from Earth Tectonics whereby the known mineralization is interpreted to plunge to the south. This new interpretation suggests that much of our original drilling remains open and why some holes appear to have missed the zone. The ongoing structural assessment demonstrates the potential for multiple, stacked, south plunging high-grade shoots in the NE portion of the Eastern Trend, and also suggests additional high-grade shoots exist to the SW, as supported by hole MH-19-75, drilled 290 m south of MH-19-62, which intersected near surface, visible gold bearing veins typical of the high grade Eastern Trend. MH-19-75 returned a 5.80 m intersection (core length) grading 6.93 g/t Au starting at 87.50 m downhole, including two visible gold bearing veins that assayed 30.42 g/t Au over 0.30 m (from 88.95 m), and 32.99 g/t Au over 0.80 m (from 92.50 m).

To view Moosehead’s Gram X Metre Projected Longitudinal Map, please link here.

In terms of next steps, the Company expects to receive a detailed final report on the structural controls of mineralization at Moosehead by Earth Tectonics in the next two weeks and is moving ahead with permitting for an aggressive 2020 drilling campaign. This program will include a winter phase to take advantage of better ground conditions as well as possible additional ice-based drilling.

Analytical Techniques / QA/QC

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland for its financial support of the ongoing exploration at Moosehead through the JEA program.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 9/24/19 Patrick Jacobson 9/24/19

Sokoman Minerals Completes Diamond Drilling At Clarks Brook

SOKOMAN MINERALS COMPLETES DIAMOND DRILLING AT CLARKS BROOK, TERMINATES THE OPTION WITH METALS CREEK RESOURCES INC., AND PROVIDES MOOSEHEAD UPDATE

St. John’s, NL, September 25, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) has completed the 1,200-metre diamond drilling program at the Clarks Brook property, under option from Metals Creek Resources Inc. The 3-hole program tested the depth potential of the surface gold mineralization which was first drilled, and intersected, by Sokoman in its initial 2017/2018 drill program. Hole CB-19-08, drilled into the centre of the magnetic anomaly and under cutting DDH’s CB-18-6, 7, returned multiple zones of anomalous gold mineralization to a vertical depth of 400 metres with the highest values, from 73.6 to 80 m (6.4 m) at 2.26 g/t Au. Holes CB-19-09, 10, drilling the southern extension of the magnetic anomaly, verified widespread anomalous gold mineralization.

Significant assays* are highlighted in the following tables:

Note: Sample intervals reported are core lengths, true widths are not known at this time.

The program has confirmed that gold mineralization continues from surface to depths of at least 400 metres vertically and extends to depth, and along strike, to the north and south. Intervals of vuggy, chalcedonic, quartz veining with 1-3% disseminated pyrite, minor arsenopyrite and very minor stibnite, were intersected in hole CB-19-08 over intervals of up to 26 metres (core length – true thickness not known) giving values of 1 g/t Au with subintervals with values up to 0.80 metres of 5.94 g/t Au.

While the Au results showed a significant gold endowment in the area, which was encouraging, given our current emphasis on the Moosehead property and a heavy work commitment in 2020 to continue with the Clarks Brook option, the Company has decided to return the property to Metals Creek Resources Inc. Sokoman will not retain any interest the Clarks Brook property.

Moosehead Property Update

The Phase 4 diamond drill program has been completed, with a total of 4,272 metres in 18 holes drilled on the high-grade Eastern Trend, discovered by Sokoman in 2018. Core logging and sampling is ongoing and is expected to be completed in the next few days. A total of 1,071 samples have been submitted from the first 15 holes, for gold analysis by fire assay with the final three holes remaining to be sampled. The Company is expecting all samples to be to the laboratory by the end of the month with complete results expected mid to late October. Core logging and sampling for the Moosehead drilling was delayed due to the prioritization of the Clarks Brook drilling in advance of pending option payments to Metals Creek Resources Inc.

Selected core from the Phase 3 and 4 diamond drilling will be examined by structural experts from Dublin, Ireland-based, Earth Tectonics Ltd. in support of planning for the next Phase of drilling at Moosehead. Earth Tectonics has been involved with the Moosehead project since 2015, with Altius Resources, and again in 2018 after the completion of the Phase 1 drilling by Sokoman. The structural study will focus on the Eastern Trend to define target areas for a deep drilling program, once all data has been incorporated into the deposit model.

Timothy Froude, P. Geo., President and CEO, states: “While we believe that the Clarks Brook property warrants further exploration, we feel that we should focus on our flagship Moosehead property, and therefore we will return the Clarks Brook property to Metals Creek. At Moosehead, we have focused on a 1-2 km strike length centered on the Western, and newly discovered, Eastern Trends, in the central part of the property, however historical exploration has identified favourable structures, anomalous gold in float, till and soils in areas where only widely spaced drilling has been carried out over the 7.5 km length of the property. In the near term, we intend to evaluate the deep potential of Moosehead, since most gold mineralization has been found at depths shallower than 100 metres vertical. We now know that gold bearing structures are major structures with deeper roots that have not been tested and this will be the focus for us in the coming months.”

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

A total of XXXX samples*, including duplicates, blanks and standards, have been submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible 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 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. In addition random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 9/10/19 Patrick Jacobson 9/10/19

Sokoman Minerals Completes Drill Program At Clarks Brook

SAMPLES SUBMITTED FOR RUSH ASSAYING

St. John’s, NL, September 11, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) today announced that the drill program on the Clarks Brook property has been completed and rush assays are underway. The program comprised 1,200 metres in three holes testing the mineralized corridor below the shallow gold zone discovery announced on December 21, 2017. The property is located 33 km to the south-east of Sokoman’s flagship Moosehead gold project and is optioned from Metals Creek Resources (MEK: TSX.V).

Tim Froude, President and CEO, commented: “The Clarks Brook property is subject to an option agreement with Metals Creek calling for an exploration program costing $300,000 this year with a completion date of September 22, 2019, including a 30-day extension due to an unexpected delay of two and a half months caused by new Department of Environment regulations. A total of 377 samples (including blanks, standards and duplicates) were submitted for rush assaying, with results expected in approximately 2 weeks. The drilling intersected multiple mineralized zones up to 26 metres thick (core length), at depths to 400 metres vertical, consisting of chalcedonic quartz veining with 1-5% disseminated sulphides, resembling mineralized zones encountered in the previous 2017 drill program. Once the core samples are analyzed and interpreted and the option agreement satisfied, our priority will return to the Moosehead property.”

Moosehead Property Update

At the 100%-owned Moosehead gold property, 14 drill holes (3,200 m) have been drilled this summer with drilling focused on the extension of the mineralized shear zone to the south and north. A program of deep testing the roots of the shear zone will be proposed following the completion of a detailed review of the Eastern Trend, including a follow-up structural interpretation by Earth Tectonics Limited, once Phase 4 has been completed.

The Phase 4 drill program at Moosehead is a minimum of 4,000 m budgeted at $750,000. The first assay results from the project will be released in the next few weeks.

QA/QC

The core sampling protocol includes both lab and industry approved standards as well as duplicate assaying procedures. Sample lengths for both programs range from a maximum of 1.5 metres to a minimum of 0.05 metres with an average of approximately 0.75 metres. Analysis for gold by fire assay with AA finish is being completed at Eastern Analytical Limited, a nationally accredited lab in Springdale, NL.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Clarks Brook, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website), 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources and a 100% interest in the Iron Horse (Fe) project in western Labrador.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 8/19/19 Patrick Jacobson 8/19/19

Sokoman Minerals Commences Drilling At Clarks Brook

St. John’s, NL, August 20, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that diamond drilling has begun on the optioned Clarks Brook property, located 35 kilometres southeast of the Company’s Moosehead project in central Newfoundland. The minimum 1,200-metre program will further test the gold bearing, epithermal style, mineralized zone initially defined by the Company in shallow drilling in 2017. The program will consist of 3 to 4 strategically placed holes designed to test for deeper, higher-grade gold mineralization at what is commonly termed the boiling zone in a classic epithermal gold system. The boiling zone can occur at depths ranging from 200 to 400 m, sometimes deeper depending on specific deposit characteristics.

The mineralized zone is hosted in a well-defined, north-south trending magnetic low which appears to be folded in places. Gold mineralization is hosted in a brecciated, moderately to strongly silicified zone with abundant crosscutting gray, vuggy quartz stringers with 1-3% disseminated pyrite, arsenopyrite and minor stibnite (antimony). Minor visible gold has been noted in both drill core and in slabbed rock samples which have textures and mineralization consistent with epithermal gold mineralization, in a trend subparallel to the Moosehead-Valentine Lake Trend. Numerous gold showings on trend from the Clarks Brook property also have strong epithermal characteristics including jasperoid, silica sinters and pathfinder elements such as antimony and arsenic. The producing Beaver Brook antimony mine lies 14 kilometres on trend to the southwest of the property.

Timothy Froude, P. Geo., President and CEO, states: “We believe that the Clarks Brook gold mineralization intersected in the 2017/18 shallow drilling program is consistent with mineralization in the upper levels of an epithermal system. The 2019 drill program is testing the gold zone for higher-grade mineralization deeper in the system, in the potential boiling zone, and also several hundred metres of the magnetic feature and structural features that could be associated with higher grades and thicker mineralized zones. This is a busy and exciting summer for our shareholders since we are drilling our two most important projects at the same time.”

Option Agreement with Metals Creek Resources

To earn an initial 75% interest in the Clarks Brook property, Sokoman must, over three years: 1) make cash payments of $45,000; 2) issue a total of 3,000,000 common shares; and 3) incur exploration expenditures of $800,000. Sokoman is the operator during the earn-in period. Once the 75% interest is earned either a 75/25 joint venture is formed, or Sokoman can elect to earn an additional 25% interest to bring its total interest to 100% by making a payment of $100,000 and issuing an additional 2,000,000 shares within 60 days of the third anniversary date.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Clarks Brook, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources and a 100% interest in the Iron Horse (Fe) project in western Labrador.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 8/7/19 Patrick Jacobson 8/7/19

Sokoman Minerals To Initiate Deep Testing At Clarks Brook In Mid-August

St. John’s, NL, August 7, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that the deep testing of the gold bearing structure at Clarks Brook will begin on August 15th following the receipt of all necessary permits. Clarks Brook lies 35 kilometres southeast of the Company’s Moosehead project in central Newfoundland and is road accessible. The minimum 1,200-metre program will test down to 400 metres vertically the mineralized zone defined by diamond drilling completed by Sokoman in late 2017 and early 2018. At that time, Sokoman completed approximately 1,000 metres of drilling in seven holes with all holes returning gold mineralization including CB-17-02 3.00 m @ 3.37 g/t Au incl. 0.25 m @ 26.90 g/t Au (core length); and CB-18-05 3.10 m @ 3.74 g/t Au incl. 0.60 m @ 14.73 g/t Au (core length). Additional details about Clarks Brook may be found on the Company’s website at www.sokomanmineralscorp.com.

The Clarks Brook Property exhibits textures and mineralization consistent with an epithermal style of gold mineralization in a trend sub-parallel to the Moosehead-Valentine Lake Trend. Numerous historical gold showings that lie on trend from Clarks Brook have strong epithermal characteristics including jasperoid development, silica sinters and pathfinder elements such as antimony and arsenic. The producing Beaver Brook antimony mine lies 14 kilometres on trend to the southwest of Clarks Brook.

The proposed program will consist of 3-4 strategically placed holes designed to test for deeper, higher-grade gold mineralization at what is commonly termed the boiling zone. The boiling zone can occur at depths ranging from 200-400 metres, sometimes deeper depending on specific deposit characteristics.

Timothy Froude, P. Geo., President and CEO, states: “This will certainly be a busy and exciting summer for our shareholders as we will be drilling our two most important projects at the same time. We firmly believe that what we have seen to date at Clarks Brook is consistent with the upper levels of an epithermal system and we have an excellent opportunity to test for higher grades which typically occur below the levels we see at surface and in the shallow drilling completed to date. Meanwhile, drilling continues at Moosehead, with 30% (approximately 1,200 metres) of proposed meterage completed. We intend to pause briefly next week to allow for the return of assays from the first couple of holes before continuing with the program.”

First results from the Phase 4 drilling at Moosehead are expected before the end of August. The results from the entire Phase 1 drilling program at Clarks Brook are expected mid- to late September.

The Company wishes to extend gratitude to the Government of Newfoundland and Labrador for its continued support of the Moosehead Project through the JEA program.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources, as well as a 100% interest in the Clarks Brook Gold Property, 35 km southeast of Moosehead. In Labrador, the Company has a 100% interest in the Iron Horse (Fe/U/REE) project.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 7/11/19 Patrick Jacobson 7/11/19

Sokoman Minerals Commences Phase 4 Drilling At Moosehead

3-D Modelling Reveals Key Details about Eastern Trend

St. John’s, NL, July 11, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that all necessary permits have been received and that the Phase 4 diamond drilling program contract has been awarded to Springdale Forest Resources. Drilling will begin this weekend or early next week, and the minimum 4,000 m program is expected to take about six weeks to complete. The Company is also pleased to announce that the on-going modelling of the Eastern Trend has revealed key features of the mineralization that have been incorporated into the planning for the current drill program.

Key features of the Eastern Trend mineralization include:

It consists of at least three subparallel, possibly folded subzones.

Central and lower subzones appear to be coalescing or folded; this suggests that structural thickening is possible. The Central Zone contains most of high-grade intercepts.

Overall mineralized trend appears to be more north than northeast trending.

Traced along strike for 175 m and to a depth of 250 m and remains open in all directions.

The modelling has significantly changed the approach for the Phase 4 drilling in that it now appears unnecessary to complete barge-based drilling on North Pond which would be more costly and time consuming. The newly recognized northerly strike of the trend means drilling to the west of North Pond can effectively test both the strike and up-dip potential of the Eastern Trend, while drilling to the east of North Pond can effectively test the strike and down-dip potential of the trend. Selected views of the Eastern Trend can be found at www.sokomanmineralscorp.com

Phase 4 will consist of approximately 20 holes, each 100 to 350 metres deep with spacings between 25 and 50 metres. The focus is to extend the Eastern Trend to the north and south to try to at least double the strike length and also to extend the mineralization to depth. Drilling will start at the north end of the trend following up on MH-19-62 that cut 4.80 m @ 33.59 g/t Au from 239.85 m.

Timothy Froude, P. Geo., President and CEO, states: “We are eager to get the Phase 4 drilling underway given what we have learned since completing the Phase 3 winter program. Modelling has revealed details about the Eastern Trend that are critical in our planning for this phase. Our focus has been, and will remain, the Moosehead Project. We still await final permits for Clarks Brook, and will begin drilling operation there as soon as we receive final permits, which we expect in the coming weeks. This will certainly be a busy and exciting summer for our shareholders in that we will be drilling our two most important projects at the same time. We expect a steady stream of news on several fronts moving forward.”

The summer 2019 operating budget has been pegged at $1.20 million of which $750,000 is planned for the Moosehead Project, with the remaining $450,000 spread between the other three projects, with Clarks Brook accounting for about $250,000. The Company currently has $2.55 million in cash in the treasury and does not need to raise funds for the upcoming programs. The Company wishes to extend gratitude to the Government of Newfoundland and Labrador for its continued support of the Moosehead Project through the JEA program.

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

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz of gold at 2.18 g/t, indicated resources of 1.53 Moz of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources, as well as a 100% interest in the Clarks Brook Gold Property, 35 km southeast of Moosehead. In Labrador, the Company has a 100% interest in the Iron Horse (Fe/U/REE) project.

To learn more, please contact:

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

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Patrick Jacobson 5/18/19 Patrick Jacobson 5/18/19

Sokoman Minerals Completes Phase 3 Drilling At Moosehead Gold Property, Newfoundland

High-Grade Eastern Trend Intersected in Multiple Holes; Shear Zone Strike Length Tripled

St. John’s, NL, March 19, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce the completion of a highly successful Phase 3 drilling program at Moosehead. Final assay results are expected in mid to late April, at which point the Company will focus on compiling, interpreting and modeling data received from the three phases of drilling as well as down-hole camera work, structural interpretation and geophysics in order to prepare for Phase 4 drilling later in 2019.

Highlights:

1) 21 holes totaling approximately 4,715 m completed, including eight holes from the ice on North Pond. Logging and sampling are expected to take two weeks to be completed, with final assays expected mid to late April.

2) All holes encountered significant intervals of shearing and quartz veining with many holes cutting multiple zones.

3) At least seven holes, MH-19-50, 52, 53, 56, 61, 62 and 63 (including five from the ice) intersected visible gold bearing quartz veins, highlighted by MH-19-62 which cut three separate veins from 0.30 to 0.90 m thick (core lengths*) with the 0.90 m vein carrying widespread, fine visible gold within a strongly mineralized section from 240.00 to 244.50 m downhole, located 110 m northeast of discovery hole MH-18-01.

4) Strike length of Eastern Trend shear zone extended to at least 175 m, remaining open along strike to the north and south, and to depth.

Timothy Froude, P. Geo., President and CEO, states: “We are extremely pleased with the results from the third, and quite possibly the most successful drilling Phase of drilling at Moosehead. While our window for effectively testing the Eastern Trend has temporarily closed, we anticipate a barge-based diamond drill program to take place later in 2019 so as to continue evaluating and expanding the high-grade mineralized zone. With a healthy treasury of just under $3 million, we are well positioned to take Moosehead to the next level. We also intend to complete drilling on the nearby, epithermal style, Clarks Brook property during Q2 2019, testing for high-grade mineralization we believe may exist below the known mineralized 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.

*True thicknesses from Phase 3 holes are believed to range from 75% to 100% of core length. Sections will be provided once completed and updated with final assays.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting the 4.2 million ounce Valentine Lake gold project 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources, as well as a 100% interest in the Clark’s Brook Gold Property, 35 km southeast of Moosehead. In Labrador, the Company has a 100% interest in the Iron Horse (Fe/U/REE) project.

To learn more, please contact:

Timothy Froude, P. Geo.,

President & CEO

709-765-1726

tfroude@sokomaniron.com

Cathy Hume, Director,

Investor Relations

416-868-1079

cathy@chfir.com

Website: www.sokomaniron.com

Twitter: @SokomanIron

Facebook: @SokomanIron

Patrick Jacobson 5/10/19 Patrick Jacobson 5/10/19

Watch Tim Froude’s Video Interview On The Moosehead Phase 3 Results

Sokoman Minerals Corp (TSX-V: SIC, OTCQB: SICNF) CEO Tim Froude joined Steve Darling from Proactive Investors Vancouver to talk about the history of the company and Sokoman’s flagship Moosehead Gold Project, including the most recent Phase 3 drilling results.

Watch the video interview with Tim Froude here

To learn more, please contact:

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

Cathy Hume,
Investor Relations
416-868-1079 x231
cathy@chfir.com

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

Newsroom

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