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Sokoman Minerals Corp ( (TSE:SIC) ) has provided an update.
Sokoman Minerals Corp has resumed diamond drilling at the Western Trend gold zone of its Moosehead Project in Central Newfoundland. The drilling program aims to extend the high-grade gold zone to greater depths and further along its strike. The company is confident that additional high-grade gold values will be discovered in the upcoming drill holes, which will aid in planning the extraction of a bulk sample anticipated for late Q1 or early Q2 of 2025. The results of these explorations could have significant implications for Sokoman’s operational strategy and its position within the gold exploration market.
More about Sokoman Minerals Corp
Sokoman Minerals Corp is a company in the mining industry, focusing on the exploration and development of mineral properties, with a particular emphasis on gold exploration in Newfoundland.
YTD Price Performance: 45.00%
Average Trading Volume: 307,907
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$17.86M
See more insights into SIC stock on TipRanks’ Stock Analysis page.
