Sokoman Iron Corp. (“Sokoman Iron” SIC-TSX.V), is a Newfoundland and Labrador based junior mineral exploration company focused on exploration for world class mineral deposits in Newfoundland and Labrador, Canada. Our flagship project, the Central Newfoundland Gold Project, is focused on gold mineralization associated with a major regional structure believed to control most of Newfoundland's significant gold deposits. The structure informally named the Cape Ray/Valentine Lake/Alder Zone trend, extends through much of southwestern and central Newfoundland and is linked to the Cape Ray and Valentine Lake deposits, as well as one of the most significant gold discoveries in Newfoundland in many years, the Alder Zone and associated discoveries announced by Altius Minerals and Antler Gold in late 2016. Altius announced channel sample results of 49.3 g/t Au over 4.6 meters from the Alder Zone and several other occurrences in the area returned significant multigram Au results. Sokoman has acquired 220 mineral claims (5,500 hectares) covering 22 kilometers of the structural corridor believed to control most, if not all, of the above noted gold mineralization.
In addition, Sokoman remains in control of the Iron Horse iron ore project in the Labrador Trough where in 2012, eight diamond drill holes, the only holes drilled on the property, tested extensive magnetic anomalies at Iron Horse and all eight holes intersected potentially significant iron mineralization. The drilling was highlighted by a 354 meter intercept grading 27.8% Fe at Anomaly A, one of the widest intercepts reported in the Trough in recent years. The property is available for option or joint venture and the company is seeking partners to advance the project.
Sokoman Iron also has high potential, gold and base metal properties that are also for sale, option or joint venture.