Sokoman Minerals Corp. provided an update on drill results at the Moosehead Gold Project completed prior to spring break-up. The delay in commencing the current diamond drilling program was to facilitate a review of the structural and vein models at Moosehead and to include input from Dr. David Coller, Ph.D., who has been assisting with the structural interpretation at Moosehead since 2019.

Results from eight exploration drill holes completed prior to the spring break-up have been received and are reported in the following table. Six of the holes (MH-23-521 to 526) were in fences of reconnaissance holes (grassroots exploration) aimed at testing geophysical and/or soil/till geochemical anomalies to the north of North Pond along the interpreted trend of the main Eastern Trend and Upper North Pond shears. Most holes intersected weakly mineralized structures with minor quartz-carbonate veining and variable amounts of disseminated sulphides.

The strongest results were from the western-most hole drilled (MH-23-525 (2.02 m @3.96 g/t Au), suggesting additional drilling is required west and down plunge of this hole. Identifying structure and alteration was the primary purpose of drilling these holes. Given the narrow and nuggety high-grade style and nature of the Moosehead veins it is not unreasonable to encounter poorly mineralized intervals when stepping farther out from the bulk of the identified mineralized zone.

Further work in these areas could be conducted in the future once the stratigraphic, survey, and analytic information has been incorporated into the property database and geology model, and fully interpreted. Holes MH-23-517A and 520, while intersecting veining, did not intersect visible gold-bearing veining, suggesting the holes veered off of the 463 Zone trend. The zone is still open and additional holes are planned for this area.

The 463 Zone is a prime target to intersect additional high-grade vein zones similar to MH-22-463. A comprehensive exploration program at Moosehead is being finalized and will be provided in due course.