Sokoman MineralsCorp. provided an update on the ongoing exploration at its Moosehead Gold Project. The highlight is the drilling results at the recently discovered 552 Zone, located 400 m to the east of the Eastern Trend, in the central portion of the property.

Since receiving the stream crossing permit on November 28, an additional six holes (890 m) have been completed with five intersecting the zone and the sixth collaborating in an extensive fault zone (bel believed to be the Cape Ray - Valentine Lake shear zone), which was terminated after cutting 75 m of intensely deformed volcanic and intrusive units. The 552 drilling has defined a continuous, two- to five-metre-wide zone of quartz veining/quartz breccia, in variants deformed sedimentary units. Three holes intersected white quartz veins with specks of visible gold (MH-23-572, 574, and 575).

The quartz veining is locally vuggy (epizonal type), located in a west-northwest trending, 50- to 70-degree northeast dipping structure. The veins carry trace to 5% sulphide minerals including boulangerite, sphalerite, chalcopyrite, pyrite, and arsenopyrite, the mineral assemblage common to most gold zones on the property. All holes intersected unmineralized structures.

Three holes (MH-23-565, 568, 569) were drilled adjacent to hole MH-96-05, drilled by Royal Oak Mines in 1996, which returned 259 g/t Au from a 10 cm quartz vein. MH-23-565 and 569 did not intersect significant mineralization, while MH-23-568 intersected a shear structure with pyritic quartz. Results are pending for MH-23-568 and 569.

Two holes (MH-23-570, 571) were drilled to test quartz veining in drill hole MH-19-103, where two specks of visible gold were reported in 2019. weakly mineralized quartz veining with trace to 2% disseminated pyrite, sphalerites, and arsenopyrite was intersected. Two holes drilled to the northeast of North Pond testing a possible East-West structure defined by magnetics did not intersect significant mineralization.

Core length - true widths are estimated to be approximately half the core length. MH-23-574 featuring 552 Zone veining - 5.00 g/t Au over 2.10 m (64.55-66.65 m).