Sokoman MineralsCorp. provided the following update on the Moosehead project, including the re-commencement of the 100,000 m+ Phase 6 diamond drilling program, proposed summer work plans, and an update on the structural model. The summer diamond drilling program started on June 12 with two drill rigs.

Targets for the first drill include testing a potential extension of a high-grade shoot that plunges north from the 75 Zone to where hole MH-21-263 intersected 4.80 m @12.86 g/t Au from 184.10 m. Three holes are planned for this section and then the rig will move to South Pond, following up on previously reported drilling including intersections in MH-20-123 (5.00 m @ 26.87 g/t Au) and MH-20-141 (4.20 m @ 64.00 g/t Au). The South Pond Zone remains open to depth. Recent re-modeling of mineralized zones at Moosehead suggests that the intersection in MH-21-344 (pre previously reported 2.27 g/t Au over 4.0 m including 9.70 g/t Au over 0.50 m), may be linked to the South Pond Zone at depth.

The intersection in MH-21- 344 is 200 m down plunge from the current modeled South Pond Zone. At least six holes totaling 1500 m -1800 m are proposed for the South Pond drilling. Targets for the second drill rig include testing the down plunge and northern extensions of mineralization in the 463 Zone area.

This is where MH-22-463 returned 39.60 m @ 12.50 g/t Au including 10.5 m @ 41.97 g/t Au, and where MH-23-519 intersected a 1.4-metre wide zone of visible gold-bearing quartz veining that returned 12.41 g/t Au (from 409.75 m downhole) 56 m down plunge from hole MH-22-463 and which remains open to the south and to depth. The initial drilling will test 20 m - 50 m below MH-23-519 with four to five holes totaling 2,000 m proposed for the 463 Zone target area. Additional drilling in the general footwall environment will be proposed to the current 463 Zone depth of 450 m pending the results of the initial drilling.

Diamond drilling and/or trenching (depending on overburden depth) will investigate other areas on the property testing soil geochemical anomalies in the southwestern and northern portions of the property, generated from winter sampling in proximity to the Valentine Lake Shear Zone which cuts through the entire property. Gold in soil values ranging from less than detection (<5 ppb) up to 912 ppb Au were returned three km southwest of the Eastern Trend where only sparse recon drilling has been completed, and from less than detection (<5 ppb) to 279 ppb Au 1.7 km northeast of the Eastern Trend where no previous drilling has taken place. For reference, the highest historical soil sample value found on the property was 425 ppb Au.