Sokoman Minerals Corp. (SIC) (SICNF) | Chart Analysis | RICH TV LIVE
Channel: RICH TV LIVE
Date: 18/06/2021

Sokoman Minerals Corp. (SIC) (SICNF) | Chart Analysis | RICH TV LIVE - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that the Company has entered into an option agreement with Trans Canada Gold Corp. (TSXV: TTG) (“Trans Canada”), whereby Trans Canada can earn a 100% interest in the 121 claim (3,025 ha or 7,475 acres) Crippleback Lake Gold property (the “Property”), subject to a 1% net smelter returns royalty (“NSR”), by issuing a total of 1,250,000 shares of the company to Sokoman as well as cash and work commitments totaling $600,000 over a 4-year period. The Property is located in proximity to the Trans-Canada Highway in north-central Newfoundland, is easily accessible by a network of secondary logging roads and is only a short drive away from assaying and diamond drilling services in Springdale.

The Crippleback Lake Gold project covers the northeastern extension of the regional-scale Valentine Lake fault zone and lies roughly midway between the Valentine Lake gold deposits (Marathon Gold) and Sokoman’s own Moosehead Gold Project in the rapidly emerging Central Newfoundland Gold Belt.

#sokomanminerals #gold #richtvlive

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