Sokoman Minerals (TSXV:SIC) - Drilling Program Results and Spin-Out as Game-Changers in 2025
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Interview with Timothy Froude, President & CEO of Sokoman Minerals Corp.

Our previous interview: https://www.cruxinvestor.com/posts/sokoman-minerals-tsxvsic-major-2024-drill-program-for-the-next-newfoundland-gold-discovery-5436

Recording date: 29th November 2024

Sokoman Minerals (TSXV:SIC) is poised for a transformative year in 2025 as it advances its diverse portfolio of gold and lithium projects in mining-friendly Newfoundland, Canada. Despite a challenging market backdrop, the company has positioned itself for success through strategic partnerships, innovative exploration techniques, and a disciplined focus on its core assets.

The key catalyst on the horizon is the planned spin-out of the Killick lithium project into a new publicly-traded vehicle, Vinland Lithium. Discovered by Sokoman on one of its gold properties, Killick caught the eye of lithium developer Piedmont Lithium, which has invested to earn a 19.9% stake and committed $12 million in exploration funding over 36 months. With Piedmont's pending merger with Sayona Mining, Vinland will gain access to a broader project pipeline and technical expertise. Sokoman plans to dividend out Vinland shares to its own shareholders upon listing in early 2025.

At the flagship Moose Head gold project, Sokoman is embarking on a two-phase bulk sampling program to demonstrate the potential for a high-grade, low-cost operation. The first 1,000 tonne sample will be extracted and processed in Q1, followed by an innovative selective high-grade sample using Nova Mirror technology in Q2.

Recent trenching also revealed a previously unknown mineralized vein system in the Western Trend at Moose Head, opening up a new area for exploration in a part of the property unencumbered by water or swampy ground. Follow-up drilling is already underway. Over at the early-stage Fleur de Lys project, Sokoman is targeting Irish-type orogenic gold deposits similar to the 6Moz Curraghinalt deposit in Northern Ireland. Assays are pending from a 23-hole drill program completed in late 2024.

With multiple irons in the fire, Sokoman offers investors exposure to both the long-term growth potential of lithium and the security of gold as a hedge against economic uncertainty. As CEO Tim Froude explains, "High-grade nuggety gold vein systems are notorious for trying to nail down, but Moose Head continues to deliver. A deep hole there is a potential game-changer that could happen on the first hole."

In a market where many junior explorers are struggling to raise capital and advance their projects, Sokoman stands out as a company with a clear path forward. With the Killick spin-out, bulk samples at Moose Head, and drilling at Fleur de Lys, 2025 is shaping up to be a year of value creation for Sokoman shareholders. While early-stage exploration is inherently risky, the company's track record of attracting strategic partners and deploying cutting-edge technology suggests it is well-equipped to capitalize on the opportunities in front of it. For investors looking for a high-quality explorer with exposure to in-demand metals and near-term catalysts, Sokoman Minerals is a compelling consideration.

View Sokoman Minerals' company: https://www.cruxinvestor.com/companies/sokoman-minerals-corp

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