St. John’s, NL, October 8, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce it has secured the right to acquire mineral licenses covering 41,150 hectares along the Valentine Lake Fault, which also hosts Canada's newest producing gold mine operated by Equinox Gold Corp. The acquisition will position Sokoman as the largest landholder by strike length and area along the highly prospective regional fault system.
Highlights
The Company's mineral license holdings along the Valentine Lake Fault will expand to over 65 km of strike length and an area totalling 58,775 hectares.
This increase more than doubles the prospective strike length while tripling the area of its mineral licenses.
The Valentine Gold Mine, operated by Equinox Gold Corp., started processing ore in August 2025, and with the first Gold pour in Q3 2025, will be Canada's newest large-scale gold mine with an initial mineral resource of 4 million ounces. The 2022 Feasibility Study on the Valentine Gold Mine outlined production of 195,000 ounces of gold per year.
The Valentine Gold Mine is geologically situated along the Valentine Lake Fault zone, a large-scale regional fault structure believed to play an integral role in the formation of the deposit.
Through two separate claim acquisition agreements and staking, the Company will transform its Moosehead and Crippleback claim groups to form the Treasure Island Project.
The Treasure Island Project contains the largest mineral license package and longest strike length along the Valentine Lake Fault and positions Sokoman as the dominant explorer along strike of the Valentine Gold Mine.
The 100% owned Treasure Island Project will be host to the most advanced gold zone outside of the Valentine Gold Mine at the Moosehead Zone, which has over 135,000 m of drilling completed to date, including high-grade highlights of:
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)
The district-scale Treasure Island Project covers a similar geological environment as the Moosehead Zone and includes several other known gold showings and occurrences with similar mineralogical characteristics.
Outside of the 2 km strike length of the Moosehead Zone, very limited exploration and drilling has occurred along the remaining 63 km of the Treasure Island Project, which remains open for discovery.
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https://www.sokomanmineralscorp.com/new/sokoman-minerals-triples-claim-holdings-along-65-km-of-the-valentine-lake-fault-building-its-district-scale-treasure-island-project |