Drill Results
Sokoman Minerals Triples Claim Holdings Along 65 km of the Valentine Lake Fault, Building Its District-Scale Treasure Island Project

SIC · Price
Executive Summary
- Sokoman Minerals secured rights to acquire mineral licenses covering 41,150 ha along the Valentine Lake Fault, expanding its holdings to 58,775 ha and over 65 km of strike length.
- The acquisition positions Sokoman as the largest landholder by strike length and area in the district, creating the 100%‑owned Treasure Island Project with high‑grade drill intercepts (e.g., 70.3 g/t Au over 9.05 m).
- In connection with the claim acquisitions, the company will issue 4,500,000 common shares and make cash payments of $50,000 subject to regulatory approvals; board changes include two directors moving to an Advisory Board and addition of Kevin Keats to that board.
Key Details
- License Expansion: Total mineral license area now 58,775 ha with > 65 km strike length – more than double the previous strike length and triple the area.
- Treasure Island Project: Formed by consolidating Moosehead and Crippleback claim groups; 100% owned; hosts the “Moosehead Zone” with over 135,000 m of drilling completed.
- High‑Grade Drill Highlights (Moosehead Zone):
- 70.3 g/t Au over 9.05 m (MH‑18‑39)
- 45.0 g/t Au over 11.9 m (MH‑18‑01)
- 12.5 g/t Au over 39.6 m (MH‑22‑463)
- 69.5 g/t Au over 4.85 m (MH‑24‑649)
- 56.6 g/t Au over 5.55 m (MH‑21‑342)
- Valentine Gold Mine Context: Operated by Equinox Gold; processing began Aug 2025 with first gold pour Q3 2025; initial resource 4 M oz; Feasibility Study projects 195,000 oz/year production.
- Transaction Terms: Upon completion of claim acquisition agreements and regulatory approval, Sokoman will issue 4,500,000 common shares and pay $50,000 cash.
- Board Changes:
- James Adams, Ph.D., CFA – steps down from Board, joins newly formed Advisory Board.
- Colin Bowdidge, Ph.D. – also moves to Advisory Board.
- Kevin Keats – appointed to Advisory Board (prospecting family background).
- Qualified Person: Greg Matheson, P.Geo., VP Exploration, reviewed and approved technical information per NI 43‑101.
Notable Quotes
“We believe the recent claim acquisitions are fundamentally transforming the Company's exploration strategy to take a district‑scale approach while remaining focused on our core mineralized zones at Moosehead. With a dominant position along the Valentine Lake Fault, we believe the Company can apply its Newfoundland expertise to make other high‑grade gold discoveries,” – Denis Laviolette, Executive Chairman, CEO & Director.
“On behalf of the Company, I thank James and Colin for their service as directors and look forward to working with them and Kevin through our new advisory board,” – Tim Froude, P.Geo., President.
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Nov 25, 2025 · 18:10