THE CRIPPLEBACK LAKE GOLD PROJECT, NEWFOUNDLAND

Property, Location, & Access in Central Newfoundland

The Crippleback Lake Gold Project situated in Central Newfoundland, covers the mineral prolific northeastern extension of the regional scale Valentine Lake fault zone and is situated in the same geological units that host high grade gold mineralization at Marathon’s Gold’s Valentine Lake gold deposit. The property is situated in the gold prolific and rapidly emerging Central Newfoundland Gold Belt, and is ideally situated near on trend with Sokoman Minerals  flagship Moosehead High-Grade Gold project and discovery which is now in the midst of Phase 6 of a 50,000- metre (Phase 6) drill program.

The Crippleback Gold Property is exquisitely positioned in one of Canada’s hottest gold exploration camps and between the Valentine Gold Deposit and Newfound Golds Queensway Project/Keats Zone. The Crippleback Gold Project shares many of the same attributes of the advanced stage Valentine Lake Project (Marathon Gold) including the crucial structural corridor (Rogerson Lake Conglomerate), as well as the presence of the Crippleback Lake Quartz Monzonite, the on-strike equivalent of the Valentine Lake Intrusive Suite, host to Marathon’s Valentine Lake gold deposits. Sokoman shareholders will receive the benefit of an experienced Trans Canada Gold Exploration team advancing the Gold Project.

The Crippleback Lake Gold 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 from assaying and diamond drilling services in Springdale, Newfoundland.

Highlights

  • 121 mineral claims (3025 ha or 7475 acre) fully road accessible from the TransCanada Highway with numerous secondary logging roads internal to the claims
  • Covers a 13-kilometre strike length of the gold rich Valentine Lake Structural Zone midway between Marathon Gold’s Valentine Lake Project and Sokoman Minerals high-grade gold Moosehead Project. Nearby Phase-6 Drilling/ Phase 6 Drilling Program
  • Robust Gold in lake sediment and till samples, with multiple till samples exhibiting delicate (proximal to source) gold grains as well as angular float samples assaying up to 1.7 g/t gold
  • All previous exploration efforts focused on base metals, now the focus is Gold
  • Exploration Permits are pending
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