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Press Release, 2021 Patrick Jacobson Press Release, 2021 Patrick Jacobson

Benton And Sokoman Announce Gold Discovery At The Grey River Gold Project, Southern Newfoundland

Assays for six of 13 core samples, “super rushed” for assay, return from 1.34 to 37.64 g/t Au.

Thunder Bay, ON, November 25, 2021 – Benton Resources Inc. (TSXV: BEX) (“Benton”) and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman”), together (the “Alliance”), are pleased to announce that preliminary results from the maiden drill program at Grey River, Newfoundland, have returned multiple drill intersections of potentially significant gold mineralization. Program highlights include:

  • 1,026 m completed in five holes over a four-kilometre strike length

  • Widespread pyrite mineralization encountered in all holes

  • 643 core samples cut and delivered for assay of which 13 samples were “super rushed”

  • for Au analysis; six of the 13 samples “super rushed” returned from 1.34 to 37.64 g/t Au

  • 630 samples are pending assay results

*Lengths are core lengths and believed to be 90% true length

Grey River – Drilling location map

Drill holes GR-21-01 to GR-21-05 were drilled within a 5-km strike length (location map attached) of the 10-km-long quartz/silica zone located 4 km east of the community of Grey River. Drilling operations including crew changes, drill moves, core logging and sampling, as well as camp logistics were helicopter supported with all personnel based in a remote fishing/hunting camp. Five drill holes totaling 1,026 m were completed with hole lengths ranging from 148 m to 235 m. A total of 643 samples ranging from 0.35 m to 1.25 m in length were cut onsite using a diamond core saw. Samples were flown to the town of Burgeo and then delivered to Eastern Analytical Ltd. in Springdale, Newfoundland by road transport halfway through and at the end of the program. Thirteen samples were “super rushed” with the remaining 630 samples awaiting gold analysis by standard fire assay for Au and ICP analysis for other elements. Samples assaying >1 g/t gold, including the “super rush” samples, will be re-analyzed by the “metallics” method.

Gold mineralization in the eastern-half of the property is associated with zones of disseminated and stringer pyrite (from 2-20% pyrite) in the 10-km-long quartz/silica body, and in discreet quartz veins that cut the body. Historic grab samples, and recent grab samples taken by Benton and Sokoman personnel (see September 2, 2021 press release), have given gold values ranging from 50 ppb to a maximum of 225 g/t Au. No prior drilling for gold has taken place in or near the quartz/silica body.

Stephen Stares, President and CEO of Benton states; “This is truly an exciting time for the Alliance. We’ve encountered two significant intercepts in our first hole with a significant number of assays pending. This hole is located 4 km east of the surface high grade encountered from our prospecting program. We believe this very large quartz system could be quite significant and we’re excited to plan the next phase of diamond drilling.”

Timothy Froude, P. Geo., President and CEO of Sokoman states; “These are outstanding results from reconnaissance drill holes on a property that has seen virtually no exploration for gold beyond sporadic grab sampling. The results reported are from three groups of consecutive samples from separate zones of pyrite mineralization from the first two holes completed. We decided to analyze a limited number of samples under “super rush” instructions to see if gold was present, as all that is known about gold in this area is that it is associated with pyrite. Needless to say, we are extremely pleased and already have more than enough evidence to support drilling in 2022. The Grey River property was acquired jointly by the Sokoman/Benton Alliance, which is targeting district scale gold opportunities in Newfoundland. Sokoman is now one of the largest land holders in Newfoundland and is sufficiently funded to advance our portfolio of properties.”

Previous workers have compared the gold mineralization at Grey River to the high-grade Pogo gold mine in the Tintina district of Alaska. The Pogo gold mine, to the end of 2019, produced 3.9M oz gold at 13.6 g/t. March 31, 2021 Probable Mineral Reserves were 5.9M tonnes @ 8 g/t for 1.5M oz and Indicated plus Inferred Mineral Resources were 23M tonnes @ 9.4 g/t for 6.9M oz. gold (See Northern Star Resources website, November 22, 2021. Mineral Resources are inclusive of Mineral Reserves. These resource figures are JORC-compliant and not NI 43-101-compliant. NI 43-101 regulations do not allow Indicated and Inferred Resources to be combined in public disclosures).

Qualified Person

This news release has been reviewed and approved by Timothy Froude, P.Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis using standard fire assay methods as well as for ICP 34 analysis. Industry accepted standards, as well as a blank, were submitted every 20 samples in addition to the in-house standards and duplicate policies of Eastern Analytical Ltd. which is an accredited assay lab that conforms to requirements of ISO/IEC 17025.

COVID-19 Protocols

To ensure a working environment that protects the health and safety of the staff and contractors, Benton and Sokoman are operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

About Benton Resources Inc.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly-prospective property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland that are now being explored.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The company’s primary focus is its portfolio of gold projects Moosehead, Crippleback Lake and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district scale Fleur de Lys project in northwestern Newfoundland, that is targeting Dalradian type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company also recently entered into a Strategic Alliance with Benton Resources Inc. through three, large-scale joint-venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland. The Alliance recently announced the discovery of potentially significant lithium bearing pegmatite dikes on the Golden Hope JV with grab sample values up to 2.37% Li2O having been returned from a dike swarm measuring over two km in strike length and over one km in apparent width. Sokoman controls one of the largest land holdings in Newfoundland with over 50,000 hectares (2,000 km2) of highly prospective ground in Canada’s newest and rapidly emerging gold districts. The company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties, or other properties referenced in this news release, is not necessarily indicative of mineralization hosted on the company’s property.

For further information, please contact:

Sokoman Minerals

Timothy Froude, P.Geo., President & CEO

Phone: 709-765-1726

Email: tim@sokomanmineralscorp.com

Benton Resources

Stephen Stares, President & CEO

Phone: 807-475-7474

Email: sstares@bentonresources.ca

CHF Capital Markets

Cathy Hume, CEO

Phone: 416-868-1079 x251

Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com , www.bentonresources.ca

Twitter: @SokomanMinerals , @BentonResources

Facebook: @SokomanMinerals , @BentonResourcesBEX

LinkedIn: @SokomanMinerals, @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.”

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Alliances’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Alliance’s prospects, properties and business detailed elsewhere in the Alliances’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Alliance does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Alliances’s expectations or projections.

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Press Release, 2021 Patrick Jacobson Press Release, 2021 Patrick Jacobson

Sokoman Reports First Barge-Based Drill Results Moosehead Gold Project, Central Newfoundland

Phase 6 drill Program doubled to 100,000 m.

St. John’s, NL, November 10, 2021 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) is pleased to report the first results from the barge-based drilling on North Pond on the 100%-owned Moosehead Project in the Central Newfoundland Gold Belt.

MH-21-291: 4.95 m of 27.70 g/t Au from 41.55 m downhole

MH-21-283: 4.20 m of 14.72 g/t Au within 9.80 m of 6.65 g/t Au from 53.00 m downhole

The results confirm shallow, high-grade, gold-bearing quartz veins which are extensions to the Upper Eastern Trend and the Footwall Splay mineralized zones (plan map attached). The reported holes were drilled on a 10 m to 15 m grid spacing south of MH-20-115, which gave significant intercepts of 4.60 m of 47.20 g/t Au from the Footwall Splay, and further downhole, 8.10 m of 68.70 g/t Au from the Upper Eastern Trend (November 19, 2020 NR). The new holes are on trend towards the 75 Zone, located approximately 150 m further south, and from where recent results include MH-21-234 that returned 4.80 m of 17.56 g/t Au (September 28, 2021 NR).

Tim Froude, President and CEO of Sokoman, says: “We are extremely pleased with the early results from the North Pond, barge-based, drilling. We have been stressing the importance of this program for several months and it is very rewarding to see our expectations met with these strong results. The barge program to date consists of 20 holes with mineralized veins encountered in the majority of the holes. Some holes tested both the Upper Eastern Trend and the Footwall Splay zones with the table above reporting both intersections. The barge program will continue as long as conditions allow. Winter conditions, mainly freezing, are expected in late November to mid-December, at which point the barge will be pulled from the pond and mothballed until spring 2022. We are also pleased to announce that the current 50,000 m program has been increased to 100,000 m with drilling to continue with occasional breaks through 2022. We see growth potential in all areas of the known mineralized corridors as well as discovery potential on our numerous regional targets.”

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

COVID-19 Protocols

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay were saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry approved standard for every twenty samples submitted, is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in the province of Newfoundland and Labrador, Canada. The Company’s primary focus is its portfolio of gold projects; flagship, advanced-stage Moosehead, Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company also recently entered into a strategic alliance with Benton Resources Inc. through three, large-scale joint-venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland. Recently, the Company and partner Benton Resources Inc. announced a potentially significant lithium discovery on the Golden Hope JV with chip sample results in excess of 2% Li₂O from the Kraken Pegmatite Field which has grown in size to over 2 km in strike length and up to 1.2 km in apparent width. The alliance partners are completing LiDAR and air photo drone surveys over the pegmatite swarm, as well as detailed mapping and sampling with additional assays pending.

Sokoman now controls, independently and through the Benton alliance, over 150,000 hectares (>6,000 claims – 1500 sq. km), making it one of the largest landholders in Newfoundland, in Canada’s newest and rapidly-emerging gold districts. The Company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the Company has a 100%-interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

For further information, please contact:

Sokoman Minerals

Timothy Froude, P.Geo., President & CEO

Phone: 709-765-1726

Email: tim@sokomanmineralscorp.com

CHF Capital Markets

Cathy Hume, CEO

Phone: 416-868-1079 x251

Email: cathy@chfir.com

Website: www.sokomanmineralscorp.com

Twitter: @SokomanMinerals

Facebook: @SokomanMinerals

LinkedIn: @SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2021 Patrick Jacobson Press Release, 2021 Patrick Jacobson

Sokoman And Benton – More High-Grade Lithium Results Kraken Pegmatites In Newfoundland

Further grab sampling returns values up to 1.93% Li2O.

St. John’s, NL November 9, 2021 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman”) and Benton Resources Inc. (TSXV: BEX) (“Benton”) together, (“the Alliance”) are pleased to announce that they continue to expand the extent of the recently-discovered Kraken pegmatite field at the Golden Hope Joint Venture Project located in southwestern Newfoundland. This is the first significant discovery of Lithium mineralization documented in the province of Newfoundland and Labrador, Canada.

Phase 3 sampling at the Kraken pegmatite field has given grab-sample results grading from trace up to 1.93% Li2O with 11 samples having values >0.5% Li2O, and six samples >1% Li2O. The 49 grab samples were collected over a 0.5 km2 area over the swarm of poorly-exposed pegmatite and aplite dykes which display characteristics of significant pegmatite fields around the world including zonation of Tantalum, Rubidium and Cesium minerals, all considered Critical Specialty elements for the Green electric future.

The Alliance has also discovered several new spodumene-bearing pegmatites to the west of the original discovery, further expanding the dyke swarm. The dyke swarm has now been sampled over a strike length of 2200 metres and an apparent width of 1200 metres. A further 50 samples were taken with results to be released in the coming weeks.

A detailed LiDAR / Photogrammetry survey covering 8.4 km2 of the pegmatite field has now been completed, extending westward to cover the high-grade Beryllium showing which had two samples with >5000 ppm Be, and associated anomalous Lithium, Cesium, Rubidium and Tantalum values, and also eastward to cover the possible extension of the newly-discovered eastern pegmatite swarm.

Samples were submitted to Actlabs in Ancaster, Ontario for analysis by Sodium Peroxide Fusion ICPOES + ICPMS.

Sokoman’s President and CEO Tim Froude, adds: “The Alliance has made great strides in expanding this exciting new discovery and the mineralization is still open in all directions. It is clear we need to gather as much critical data as we can prior to proposing a Phase 1 drilling program to maximize the potential of this discovery. We are about to begin discussions with our respective Boards of Directors and advisors as to how to proceed with this exciting opportunity for the maximum benefit of our shareholders.

Benton’s President and CEO Stephen Stares, states: “It is very evident that the Kraken pegmatite field is quickly becoming something of potential economic interest. To find something brand new and of this extent is truly exciting. With the growing demand for Lithium and other critical metals we are very happy to be entering the race with this new discovery.”

QP

This news release has been reviewed and approved by Timothy Froude, P.Geo., President and CEO of Sokoman Minerals Corp., and Nathan Sims, P.Geo., Senior Exploration Manager for Benton Resources Inc., both the ‘Qualified Person’ under National Instrument 43-101.

COVID-19 Protocols

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman and Benton are operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Sokoman’s primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. The company also recently entered into a strategic alliance with Benton Resources Inc. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland. Sokoman now controls independently and through the Benton alliance over 150,000 hectares (>6,000 claims – 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada’s newest and rapidly-emerging gold districts. Sokoman also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the company has a 100%-interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

About Benton Resources Inc.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly-prospective property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored.

Golden Hope Project – Kraken Sampling Update

For further information, please contact:

CHF Capital Markets

Cathy Hume, CEO

Phone: 416-868-1079 x251

Email: cathy@chfir.com

Sokoman Minerals

Timothy Froude, P.Geo., President & CEO

Phone: 709-765-1726

Email: tim@sokomanmineralscorp.com

Benton Resources

Stephen Stares, President & CEO

Phone: 807-475-7474

Email: sstares@bentonresources.ca

Website: www.sokomanmineralscorp.com , www.bentonresources.ca

Twitter: @SokomanMinerals , @BentonResources

Facebook: @SokomanMinerals , @BentonResourcesBEX

LinkedIn: @SokomanMinerals, @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.”

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Alliance’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Alliance’s prospects, properties and business detailed elsewhere in the Alliance’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Alliance does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Alliance’s expectations or projections.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Receives Permits; Drilling To Begin At Moosehead Gold Project, Central Newfoundland

St. John’s, NL, August 24, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that it has received the necessary permits to start Phase 6 diamond drilling at the Moosehead Gold Project in Central Newfoundland and is expecting the first drill on site shortly after the Labour Day weekend.

Moosehead Project

The 100%-owned Moosehead Gold Project is located along the Trans-Canada Highway in North Central Newfoundland, on the same trend as the advanced Valentine Lake Project (Marathon Gold), and proximal to New Found Gold’s Queensway Project. Both the Moosehead and Queensway projects are targeting high-grade, turbidite hosted, Fosterville-type gold mineralization.

Since acquiring the project in 2018 and discovering the Eastern Trend mineralization in the first hole, the Company has intersected outstanding drill results in the Eastern Trend in all 5 drill phases completed. Highlights* from each of the 5 phases include:

Phase 1 MH-18-01 11.90 m @ 44.96 g/t Au, incl. 5.65 m @ 93.56 g/t Au

Phase 2 MH-18-39 5.10 m @ 124.20 g/t Au, incl. 1.10 m @ 550.30 g/t Au

Phase 3 MH-19-62 7.20 m @ 22.35 g/t Au, incl. 4.80 m @ 33.59 g/t Au

Phase 4 MH-19-81 6.40 m @ 17.34 g/t Au, incl. 1.45 m @ 75.50 g/t Au

Phase 5 MH-20-86 5.20 m @ 16.85 g/t Au, incl. 1.35 m @ 61.11 g/t Au

*Reported lengths are core lengths believed to be 70% – 90% of true thicknesses.

The mineralization has been defined over a 500 m strike length and to 200 m vertical depth and remains open for expansion along strike and to depth.

Tim Froude, President and CEO of Sokoman, states: “Now that all of the permits have been received, we can mobilize our crew and start site preparations for the largest drill program to date at Moosehead. The 10,000 m program will start with one drill targeting the strike extent of the lower main zone, where our previous drill programs have returned some of the highest-grade intersections in the district, including 4.80 m @ 33.59 g/t Au (MH-19-62) and 6.40 m @ 17.34 g/t Au (MH-19-81) at depths less than 200 m vertically. The zone is open to depth and along strike. A second drill will focus on extending the gold mineralization to depth with a series of holes testing to at least the 400 m vertical level. In addition, we will be testing newly defined targets such as the South Pond area where recent prospecting located high-grade quartz boulders with values up to 157 g/t Au (July 30, 2020 Sokoman Minerals Corp. News Release) that closely resemble the high-grade Eastern Trend mineralization located 400 m to the north.”

The Company has merged C-horizon till sampling data with the winter heli-mag survey to define targets for drill testing, including tills with up to 54 gold grains with 34 delicate / modified grains, indicating proximity to the source, 1 km to the southwest, up-ice of the Eastern Trend in an area with no previous drilling.

COVID-19 Update

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting *Marathon Gold’s Valentine Lake project that has estimated proven mineral reserves of 1.3 million ounces (26.3 million tonnes at 1.52 grams per tonne) and probable mineral reserves of 600,000 oz (14.8 million t at 1.23 g/t). Total measured plus indicated resources (inclusive of the mineral reserves) comprise 3.06 million ounces (54.9 million t @ 1.75 g/t). Additional inferred mineral resources are 960,000 oz (16.77 million t at 1.78 g/t Au).

Sokoman also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman has also applied for funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Is Presenting At The 2020 Global Mining Symposium On September 1-3

Sokoman Minerals is a Silver Sponsor at the upcoming Global Mining Symposium. See below for the details and registration link.

Register to join your peers, customers, and competitors September 1-3, 2020 in an open exchange of forward-looking ideas, established best practices and data-informed expectations.
As economies continue to reopen and adapt to the new global market landscape, every sector of the mining industry will benefit from having the best information possible. The 2020 Global Mining Symposium is an ideal opportunity to acquire and share this information.

Register to receive your secure link for the Global Mining Symposium. Keep your finger on the pulse of the mining industry and gain vital insight into its future, as well as your place in it.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Extends Warrant Terms

St. John’s, NL, July 30, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) announces that it has applied to the TSX Venture Exchange (the “Exchange”) to extend the expiry date on 20,010,000 share purchase warrants (the “Warrants”), issued pursuant to a Private Placement Financing in August 2018, by 1 year to August 13, 2021. The Warrants’ original exercise price of $0.25 per share will not change.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman is also applying for JEA funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Reports Discovery Of High-Grade Boulders At South Pond, Moosehead Gold Project, Newfoundland

High-grade Eastern Trend-type boulders assay up to 157g/t Au and

include enriched silver values up to 36.2 g/t Ag

St. John’s, NL, July 30, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that prospecting at South Pond, 400 metres along strike to the south west of the Eastern Trend zone, has located a cluster of angular quartz float with high-grade grab sample assay results ranging from 0.318 g/t Au to 157.04 g/t Au, as well as enriched silver values up to 36.2 g/t Ag.

Unusually low water levels allowed prospectors to locate angular quartz float (from 0.2 to 0.5 m maximum dimension) from the northern end of South Pond, near where previous operators found two clusters of mineralized float, which assayed from 0.20 to 1.03 g/t Au, and from 5.4 to 17.5 g/t Au. The newly discovered boulders were located in two clusters (East and West), on opposite sides of a bay, displaying different mineralogy and precious metal grades. The following table shows detailed Au results using a total pulp metallics process, with silver (Ag) and antimony (Sb) from the ICP analyses also shown. Antimony is a key pathfinder metal for high-grade mineralization at Moosehead and at the Fosterville deposit in Australia which is considered to be an analogue for Moosehead given its stratigraphic and structural setting.

The average grade of the East cluster samples is 36.59 g/t Au and 11.01 g/t Ag, while the West cluster samples averaged 1.91 g/t Au and 1.28 g/t Ag. Three (3) samples were noted to contain visible gold (VG) and coarse fraction analysis (+150 Mesh) of 11 of the 20 samples, produced results suggesting coarse gold may have been present based on assays ranging from 58,175 ppb Au in sample 361068, to 2,238,802 ppb Au in sample 361051 (weighted averages for all samples are shown).

The attached sample map uses a background of total field magnetics from the 2020 winter airborne survey with the samples overlain, as well as historical and Sokoman drilling shown. While some drilling has taken place in the vicinity of the new float samples, it is most likely that the float originated to the south of their present location based on perceived ice-flow movements and three anomalous (10 ppb Au), lake sediment values in South Pond. The lake sediment results in South Pond are very encouraging given that similar strength lake sediment samples were also obtained at North Pond, where the Eastern Trend gold zone is located.

The magnetics show several NE as well as north trending structures trending under South Pond that may be related to in-situ mineralization, where little to no drilling has taken place. Modeling of the magnetics will allow effective planning for diamond drilling in the area, a priority for drill testing in the upcoming Phase 6 program. In the immediate area, visible gold was reported from holes MH-01-07, MH-02-34, and MH-18-41, although Au gave only anomalous values, suggesting the high-grade mineralization exhibited by the new sampling has not been tested to date. Should future drilling prove the existence of Eastern Trend mineralization at South Pond, the overall strike length could exceed 1 kilometre.

Tim Froude, President and CEO of Sokoman, said: “We are extremely pleased with the early results from our 2020 field program. While we await final permits for our 10,000 m Phase 6 drilling program, we initiated a follow-up prospecting and till sampling program in an effort to define additional targets for drill testing this year. The results from South Pond support reports of boulders in the area that assayed to a maximum of 17.5 g/t Au and suggest that extensions to the high-grade Eastern Trend mineralization lie untested in the South Pond area. The boulders located by our crew are of higher average tenor than the historical values with several boulders of similar grade to the highest grades from the Eastern Trend.

A portion of the Phase 6 drilling program will address the potential of the South Pond area which will include merging the winter magnetic survey with the new float samples. We will continue to update shareholders on developments in the coming weeks in advance of starting the Phase 6 drilling in late August/ early September. We are looking forward to exciting Q3 and Q4 and expect to be generating very positive news.”

COVID-19 Update

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

All rock samples were delivered by Sokoman personnel in sealed bags directly to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. All samples were submitted for assay by total pulp metallics with gravimetric finish as well as 34 element ICP analysis. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh; the total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. Industry accepted blanks and standards were submitted by Eastern Analytical and results reported alongside the submitted samples as per the in-house standard and duplicate policies of Eastern Analytical.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman has also applied for funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Reports Phase 5 Results At Moosehead Gold Project

All zones are open and expanding; upcoming 10,000 m Phase 6 drilling will test deeper targets

St. John’s, NL, July 15, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce drill results from the recently completed Phase 5 diamond drill program at the Company’s flagship Moosehead Gold Project located in north-central Newfoundland, with the lower high-grade shoot continuing to deliver strong results. The program extended both the upper main zone and the lower high-grade shoot to the north where the zones remain open and are now approximately 500 m in strike length remaining open to depth.

A total of 4,619 m was drilled in 17 holes targeting the lower high-grade shoot at the -200 m vertical level, as well as near-surface mineralization in the upper main zone. The lower high-grade shoot reported strong results including the following selected highlights:

MH-20-86 4.70 m @ 18.60 g/t Au, incl. 1.85 m @ 46.99 g/t Au (from 271.80 m downhole)*

MH-20-82 9.50 m @ 5.70 g/t Au, incl. 1.70 m @ 29.19 g/t Au (from 206.50 m downhole)*

*Note: reported lengths are core lengths; true widths are believed to be 75-90% of reported lengths

Summary table of all Phase 5 results is attached, with the length, grades, dip, azimuth, and presence of visible gold indicated. A drill plan showing the location of the Phase 5 holes is also attached, and an updated model and longitudinal are being prepared for posting when completed.

Tim Froude, President and CEO of Sokoman, said: “We are very happy with what we are seeing, especially with regards to the structure of the deposit. The Eastern Trend shows good continuity, continues to increase in strike length and remains open along strike to the north and south and to depth. As with most high-grade gold systems, variability of mineralization and gold grades are expected. We are eager to test holes to at least twice the current depth, to a 400-m vertical level, and our next phase of drilling will be our most aggressive program to date. The Phase 6, 10,000 m program, will be focused on testing the continuity of the zones, and deeper targets, while extending the strike length in 25-50 m increments.”

The Phase 6 program is expected to start sometime in August 2020, once the Company has received all necessary permits. Sokoman has also recently received the remaining till sample results and is compiling this data with earlier results from our survey and historical sampling. The 3-D modelling of the mineralization is ongoing and undergoing revision with each Phase of drilling. A revised model for the Eastern Trend, which will include the Western Trend, is being prepared and will be posted on the website when completed.

Phase 5 Geology

Several holes were drilled to test the interpreted southern, down-plunging portion, of the lower high- grade shoot, to infill a 75-metre gap between historical drill hole MH-03-15 (52.54 g/t Au / 2.34 m) and Phase 4 drill hole MH-19-69a (18.10 g/t Au / 1.45 m, including 82.17 g/t Au / 0.30 m). MH-20-82 intersected the lower high-grade shoot 25 m north of historic hole MH-03-15, giving 5.70 g/t Au / 9.50 m, including 29.19 g/t Au / 1.70 m.

Drill holes MH-20-83, 84 and 85a intersected mineralized vein material that had been subjected to later shearing and reworking. MH-20-87 intersected a veined zone which typically occurs immediately above or below the auriferous vein. While the zone was truncated by a fault, the interval gave 0.60 g/t Au / 6.0 m with the last interval before the fault giving 1.50 g/t Au over 0.50 m. These brittle-ductile structures which cut and deform the auriferous veins are not unexpected as mentioned in previous news releases of January 31, 2019 and November 19, 2019:

The highest-grade intersections (e.g. MH-18-01, 17 and 39) occur in a ductile-brittle Shear/Fault Zone of uncertain width which has a dip of 50 degrees East and a strike trend of 010 degrees.

The Shear/Fault Zone is a large-scale, kilometric structure of uncertain regional strike beyond the small drilled area with possible links to the regional faults/thrusts bounding the gold district. It may be the most important structure in the area, and therefore the central axis of the Au system. Strike continuation of the structure is unknown and undrilled. As well as along the strike continuation, the best potential may lie at depth where the structure intersects the regional NE striking thrust faults.

Vein style and host structures are typical of a sediment or intrusive hosted gold system controlled by reverse or strike-slip shears in a low-grade metamorphic, compressional regime.

The relationship between shearing and folding is similar to the Bendigo-Fosterville gold deposits in Australia. These deposits are commonly multi-structured with principal shear-vein structures having considerable strike and depth extent to >1,000 m as at Fosterville.

Seven holes were drilled from the ice on North Pond to test the extensions of the upper shoots of the Eastern Trend. The two discrete mineralized zones identified in 2019 were intersected in the current program. An upper zone intersected at shallow depths (30-40 m downhole) in 2019 was extended to the north at slightly deeper depths (40-50 m downhole). Best values from the current program were from MH-20-88 with 2.20 g/t Au / 1.10 m. The final two ice-holes drilled in 2019 intersected a lower mineralized zone 110 m downhole. This zone is interpreted to continue to the north with a potentially slight downward plunge. Best values were from MH-20-92 returning 7.85 g/t Au / 3.00 m, including 26.99 g/t Au / 0.85 m. The general trend of both mineralized zones is toward historic hole MH-02-38 which returned 112 g/t Au / 2.02 m.

The lower high-grade shoot has given some of the highest-grade results at Moosehead, including MH-19-62 (7.2m @ 22.35 g/t Au) and MH-19-81 (6.4 m @17.34 g/t Au). MH-20-86 cut the lower high-grade shoot approximately 10m below MH-19-81 returning a comparable grade of 16.85 g/t Au over 5.20 m. The final hole of the program, MH-20-98, intersected the lower high-grade structure at a down hole depth of 296 m returning 4.16 g/t Au / 5.65 m incl 8.21 g/t Au / 2.50 m. The intersection in MH-20-98 is 75 m northeast of MH-19-81 and 27 m northeast of MH-20-97 (6.31 g/t Au / 3.10 m). The zone remains open to the north and downdip to the east.

COVID-19 Update

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman is operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one half submitted for assay and one half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh; the total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry approved standard for every twenty samples submitted, is included in the sample stream. In addition, random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. (TSX.V: SIC) (OTCQB: SICNF) is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman has also applied for funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

SOKOMAN MINERALS CLOSES NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

St. John’s, NL, June 23, 2020 - Sokoman Minerals Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC; OTCQB:SICNF) is pleased to announce that it has received final approval from the TSX Venture Exchange (the “Exchange”) to close its non-brokered flow-through private placement (the “Placement”), previously announced on June 15th, for gross proceeds of $1,482,945. The Company will issue 12,895,174 flow-through shares at a price of $0.115 per flow-through share.

The private placement was effected with an insider of the Company subscribing for $300,000, that portion of the Placement a ”related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation and minority approval requirements set out in MI 61-101. The Company is exempt from the formal valuation requirement of MI 61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company’s market capitalization. Additionally, the Company is exempt from minority shareholder approval under sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Units nor the consideration received in respect thereof from interested party exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the transaction. Material change reports were not filed 21 days prior to the closing of the financing because insider participation had not been established at the time the financing was announced.

Other placees include new participating groups such as Middlefield Group and certain funds managed by Sprott Asset Management LP, who jointly represent half of the placement, and we are pleased to confirm that Eric Sprott added to his position, maintaining his current ownership percentage.

All securities issued pursuant to the Placement are subject to a four-month-and-one-day hold period. Finders’ fees will be paid to various finders in accordance with Exchange policy.

Financing proceeds will be used to advance Sokoman’s flagship Moosehead Gold Project through a minimum of 10,000 m diamond drill program to focus on deeper testing of the high-grade Eastern Trend to at twice the current tested levels of 200 m vertically (+ 400 m vertical targets), as well as follow-up (including drill testing) of other high priority targets identified by the late 2019 gold in till sampling program (full results expected in Q3) and the recently completed airborne magnetic survey.

Tim Froude, President and CEO of Sokoman, said: “We are delighted to see continued support and interest in our Company from loyal shareholders as well as several major new investors. With this new placement and our existing treasury of $1.4M, we are very well-positioned to move forward with an aggressive drill program here at Moosehead.”

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project* (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which is believed to host potential DSO iron deposits.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman is also applying for JEA funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Announces Non-Brokered Flow-Through Private Placement

St. John’s, NL, June 15, 2020 - Sokoman Minerals Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC; OTCQB:SICNF) today announces that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares (the “Private Placement”). The Private Placement is expected to be filed with the Exchange on or around June 19, 2020.

Sokoman intends to issue flow-through shares at a price of $0.115 per flow-through share for gross proceeds of up to $1,500,000. The flow-through shares will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

In connection with the private placement, the Company will pay finders’ fees of 6% cash and 6% broker warrants, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a four month and one day hold period. The Private Placement is subject to approval by the TSX Venture Exchange.

Sokoman’s treasury currently sits at around $1.4M cash. The proceeds of this financing will be used to advance Sokoman’s flagship Moosehead Gold Project through a minimum of 10,000 m diamond drill program to focus on deeper testing of the high-grade Eastern Trend to at twice the current tested levels of 200 m vertically (+ 400 m vertical targets), as well as follow-up (including drill testing) of other high priority targets identified by the late 2019 gold in till sampling program (full results expected in Q3) and the recently completed airborne magnetic survey.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse Fe) project which is believed to host potential DSO iron deposits.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Completes Extended Phase 5 Drilling Program At Moosehead, Central Newfoundland

MH-20-98 Extends Lower Main Zone by 75 m – Zone Remains Open

St. John’s, NL, May 15, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) has concluded the Phase 5 drilling at the Moosehead gold property, including an additional 1,390 m in four holes, bringing the Phase 5 total to 4,619 m in 17 holes. The Phase 5 drilling was initially halted after 13 holes (3,229 m) due to deteriorating spring field conditions and the COVID-19 pandemic. However, an extension of the program was made possible due to additional measures taken to protect the health and safety of field workers as well as improved field conditions.

The additional drilling, which was focused on the lower high-grade zone at an approximate vertical depth of 200 m (see attached plan and projected long section), extended the gold mineralization 75 m to the north with the zone remaining open. This lower high-grade shoot has given some of the highest-grade results at Moosehead, including MH-19-62 (7.2m @ 22.35 g/t Au) and MH-19-81 (6.4 m @17.34 g/t Au). MH-20-98, the final hole in the extended program, cut the Eastern Trend structure at a down hole depth of 296 m (200 m vertical) intersecting a 4.6 m core length (true width est. at 75-90% of core length) of visible gold bearing quartz vein and quartz breccia. MH-20-98 intersected the zone 75 m to the northeast of MH-19-81 and 27 m to the northeast of MH-20-97, which encountered visible gold bearing quartz veining over a 2 m core length. MH-20-98 is the northernmost hole drilled on the lower main zone, and it appears to suggest a flattening or possible folding of the high-grade shoot, as the intersection is approximately 20 m deeper than the intersection in MH-19-81. A plan and a projected longitudinal section map showing location of holes and relationship to the previous drilling are attached.

Tim Froude, President & CEO of Sokoman, said: “We were thrilled to add additional holes to the Phase 5 program as we wanted to test the lower zone in more detail and to add additional strike length to the zone. Logging and sampling of the new holes is ongoing as we await assay results from the initial 13 holes. The Company can’t predict when all assays will be received as the Springdale laboratory is working with a reduced workforce. A news release will be issued once all outstanding assays have been received.

We are in the planning stage for the rest of 2020, which will include ground follow-up on the results of the C-horizon till program, where approximately 50% of the samples processed are highlighted by three sites with 54, 62 and 63 gold grains, with many pristine (irregular in shape) grains, usually indicating a short transport distance from source. The geological model is also being updated ahead of the future diamond drill program planning.”

Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one half submitted for assay and one half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh; the total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry approved standard for every twenty samples submitted, is included in the sample stream. In addition, random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals

Sokoman Minerals Corp. (TSX.V: SIC) is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which has Direct Shipping Ore (DSO) potential.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. Sokoman is also applying for JEA funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals To Initiate A Short Follow-Up Drill Program At Moosehead, Central Newfoundland

St. John’s, NL, April 22, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) today announced that it has made a strategic decision to follow-up on the recently completed Phase 5 drill program at Moosehead Gold Project with a short program to make use of the currently favourable weather conditions. The program is aimed at testing the northern extension of the lower high-grade shoot, where the Company has encountered some of its highest gold gram-metre results including MH-19-62 (7.2m @ 22.35 g/t Au) and MH-19-81 (6.4 m @17.34 g/t Au). The new holes will test, in 25 m step-outs, the northerly projection of the lower zone at about 200 m vertical depth.

The drill rig, which remained on the property after completion of the Phase 5 program, will be utilized to drill 3 to 4 holes, each to a down hole depth of 275-300m (~200m vertical), with a total of 800-1,000m proposed.

Tim Froude, President and CEO of Sokoman, said: “While hundreds of assays remain in the assay lab from the recently completed Phase 5 program, we see an opportunity to drill during the cold snap we are experiencing in Central Newfoundland. Sokoman will be taking additional precautions with respect to Covid-19 and maintaining social distancing during operations as required. The holes will be drilled from the east side of North Pond and should take two weeks to complete unless field conditions become unfavourable.”

The Phase 5 program, initiated in February and terminated in late March, consisted of 13 drill holes totaling 3,229 metres. Seven holes were drilled from the ice on North Pond testing the extension of the upper, high-grade, shoots of the Eastern Trend. Visible gold bearing quartz veins and mineralized host rock were intersected on all four sections over core intervals ranging from less than a metre to approximately 9.5 metres (true thickness estimated at 75-90% of core intervals).

Sokoman is in the planning stage for the remainder of 2020 at Moosehead, including ground follow-up on the results of the C-horizon till program, where, although only approximately 50% of the samples have been processed, three sites with 54, 62 and 63 grains of gold have been found, against a background of less than 10 grains. The geological model is also being updated to allow for a better planning of future diamond drill programs.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program in 2019 and is also applying for funding for the 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward- looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Provides Exploration Update On Moosehead Gold Project, Central Newfoundland

St. John’s, NL, March 31, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to provide an update on its winter exploration program at the Moosehead Gold project.

Phase 5 Diamond Drilling

The Company has completed the minimum 3,000 m commitment for the Phase 5 drilling and has ceased field operations for the spring break-up period. The Phase 5 program consisted of 13 drill holes totaling 3,229 metres. All holes reached their target depths except one land-based hole which was abandoned at 45 metres due to excessive deviation.

Seven holes were drilled from the ice on North Pond testing the extension of the upper, high-grade, shoots of the Eastern Trend. Visible gold bearing quartz veins and mineralized host rock were intersected on all four sections over core intervals ranging from less than a metre to approximately 8.0 metres (true thickness estimated at 75-90% of core intervals). The two discrete mineralized zones that were discovered during the 2019 ice program were intersected in the current program as well. They remain shallow – generally between 30-70 m vertical with visible gold on both structures. The current program has extended the Eastern Trend an additional 100 m to the north where it remains open. Core logging is not complete and the core intervals noted are subject to revision.

Land based drilling of the Eastern Trend focused on evaluating gold mineralization in the deepest mineralized shoot identified to date, at approximately 200 m vertical. Several holes were completed on the southern down-plunging portion of the shoot to infill a 75 metre gap between historical drill hole MH-03-15 (52.54 g/t Au / 2.34 m) and previously released Phase 4 drill hole MH-19-69a (18.10 g/t Au / 1.45 m including 82.17 g/t Au / 0.30 m). A single hole targeted the up-plunge portion of the lower shoot north of MH-19-62 (22.55g/t Au /7.20 m) and MH-20-81 (28.29 g/t Au/ 3.90 m). This shoot remains open both up-plunge to the north and down-plunge to the south and will be tested further in the next phase of drilling.

Due to the ongoing COVID-19 outbreak, core logging and sampling have temporarily been suspended and all staff have returned home. The Company has been informed by Eastern Analytical, the Springdale, NL-based laboratory providing analytical results, that work at the lab is continuing with a reduced workforce. As a result, there is no set timeline for the receipt, or release, of assay results from the drilling. Updated maps and sections will be posted once all logging and data entry have been completed.

Airborne Magnetic Survey

The Company is also pleased to report that it has received the final report from Prospectair on the high-resolution magnetic survey completed in January. The data is undergoing modeling and computer enhancement. Features requiring ground follow-up, once ground conditions permit, are already obvious.

Glacial Till Sampling

The initial results from the fall till sampling program have been received and will be merged with other existing geochemical data. This will then be combined with the high-resolution magnetic data to plan a prospecting, and possible trenching, field program for Q2 / Q3 2020. While approximately 50% of the samples have yet to be processed, several samples with strong gold grain counts from 54 to 63 grains with significant pristine / locally derived gold grains, warrant follow-up. These particular samples were collected from areas of the property with no or limited drilling and no previous gold mineralization noted. The contractor, Overburden Drilling Management of Ottawa, ON has informed Sokoman that the receipt of results will be affected by work slowdowns or stoppages in an effort to deal with the COVID-19 issue in a responsible manner.

Timothy Froude, P. Geo., President and CEO, comments: “While the pace of future work is currently uncertain, we are pleased with what we have accomplished with the Phase 5 drilling and other activities at Moosehead. We achieved our goal of 3,000+ metres drilled, with more than half of the holes drilled from the surface of the pond. The first till results from the 2019 program are encouraging, and together with the new airborne magnetic data, should provide an exciting follow-up program.

Sokoman will remain active evaluating results to date and planning future exploration, both at Moosehead and on our other projects. We will continue the modeling and interpretation of the Moosehead gold zones, as our geologists and consultants can work from home. As soon as conditions return to normal, we will once again ramp up our exploration efforts.”

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project*. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project through the Junior Exploration Assistance Program. The Company is applying for funding for the upcoming 2020 season as well.

*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Patrick Jacobson Patrick Jacobson

Sokoman Minerals Provides Phase 5 Exploration Update

3-D Model Incorporating Western and Eastern Trends Unveiled

ST. JOHN’S, NL / ACCESSWIRE / February 27, 2020 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the “Company” or “Sokoman”) is pleased to provide the following exploration update and to announce that the 3-D model of the Moosehead mineralized zones, incorporating the Western and Eastern Trends, has been finalized and can now be viewed on the Company website under the Investors – Media tab.

Phase 5 Drilling

The Phase 5 drilling program is underway with one rig testing the down-plunge extensions of the Eastern Trend, based on the 3-D modelling.

Ice-making is ongoing on North Pond to allow drilling from the ice, with a second drill rig, to test the up-plunge potential of the northern extension of the Eastern Trend. At present, weather conditions are not ideal for making a new ice layer, so the Company is working with the contractor to secure a lighter drill that can be used at the current ice thickness.

As of Feb. 26, four drill holes have been completed from the east side of North Pond and the first shipment of core samples (180 in total, including blanks and standards) have been sent to Eastern Analytical Ltd. in Springdale, NL, for Au and ICP analysis. Gold will be assayed by standard 30 g fire assay, with selected samples tagged for metallics assaying based on the presence of visible gold. Results are expected in 4 to 6 weeks.

“We expect 2020 to be a breakout year for the Moosehead project, both in terms of expanding the known mineralization, and in discovering new zones of gold mineralization based on our magnetic and till surveys. We have focused on a 2 km length of the over 8 km potential mineralized structure and we intend to evaluate this untested potential once we have received and merged the new and historical data. A follow-up prospecting/trenching program is planned by the 3rd or 4th quarter of this year to define new drill targets,” commented Timothy Froude, P. Geo., President and CEO.

3-D Model

The video of the 3-D model begins with an overhead view of the North Pond/South Pond area showing the drill holes and geology of the main mineralized area. The video then starts a 360 degree, rotating view, beginning with the geological model and moving through to the structural components, followed by the mineralized systems as currently understood, and culminating with colour-coded parts per million (g/t) gold concentration (Au-ppm) in the zones identified to date.

One of the key take-aways is the compelling evidence that links the Eastern and Western Zones as splays off a common structure, with potential high-grade intersections at depth, below the current level of drilling @ 200 m vertically, as well as in the South Pond Area, 200-300 m further south from North Pond. Limited historical drilling in this area has resulted in sporadic hits of gold mineralization with MH-01-07 cutting a 0.34 m banded quartz vein that assayed 13.5 g/t Au. Significantly, a large cluster of angular gold bearing boulders assaying up to 17.2 g/t Au has been reported from historical prospecting along the northern shore of South Pond. This boulder field lies directly above the inferred southern intersection of the Western and Eastern Trends.

Additional Targets

In early Q2 2020, the Company expects to receive the results of the recently completed helicopter-borne, high-resolution magnetic survey flown last month over the entire property. Flight lines were spaced at 50 m over most of the property with the exception of a 2 km section, covering the Eastern and Western Trends, that was flown at 25 m spaced lines. Mafic dikes in many of the drill holes with gold mineralization should be susceptible to the magnetics and will help model and guide future exploration.

The Company is also expecting to receive the results of a C-horizon till sampling program which covered the southern 2/3rds of the property in the fall of 2019. Samples are being evaluated for gold grain analysis by Overburden Drilling Management in Ottawa. Historical till sampling programs have covered selected areas of the Moosehead property, however this is the first time that gold grain analysis, which helps define distance of transport of the gold grains, has been done. The morphology of gold grains in glacial till can be used to estimate how far the ice has moved them, and this can be used to zero in potential source areas. Historical till sampling has given values greater than 10 g/t Au, which remain unexplained and which appear to be unrelated to known zones of gold mineralization.

PDAC 2020 Participation

Sokoman will be exhibiting at PDAC 2020 on March 1-4 in Metro Toronto Convention Centre, Booth #2432. The Company’s CEO Tim Froude will also be giving a presentation on Monday, March 2 at 3:45 pm in Room 802 (Corporate Presentation Forum for Investors).

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project in the past through the Junior Exploration Assistance Program. The Company will again be applying for funding for the upcoming 2020 season.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.


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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Completes Airborne Magnetic Survey, Awards Phase 5 Diamond Drilling Contract And Receives 3-D Model For Moosehead Gold Project, Central Newfoundland

St. John’s, NL, February 4, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) has completed a high-resolution magnetic survey over the Moosehead Project, awarded the diamond drilling contract to start Phase 5 in a few upcoming days, and received a full 3-D model of the Moosehead mineralization.

The 781 line-kilometre survey, flown by the contractor Prospectair GeoSurveys at 25 and 50 metre line spacings with the 25 metre spaced lines, centered on the area containing the Western and Eastern Trends and their inferred north and south extensions. Dynamic Discovery Geoscience of Ottawa, ON will start processing the data immediately, with a final report expected in 4-6 weeks.

The Company is also pleased to announce that it has awarded the Phase 5 diamond drilling contract to Springdale Forest Resources of Springdale, NL. Phase 5, consisting of a minimum of 3,000 m, will commence on or about February 7, 2020 and will last until spring breakup or whenever field conditions begin to deteriorate. The program will focus on the up and down plunge potential of the Eastern Trend as well as the newly realized potential link between the Western and Eastern Trends.

The Company has also received a 3-D model of the Moosehead mineralization from Mercator Geological. Sokoman is excited about the results and is currently evaluating the model and associated commentary in order to optimize the upcoming drilling program. The Company will post the full model on the website as soon as possible and will be posting select screen grabs in the meantime.

Timothy Froude, P. Geo., President and CEO, comments: “We are very excited to be starting field operations again at Moosehead. Our crew has been actively removing snow and flooding portions of North Pond in an effort to build sufficient ice thickness to allow an ice-based program. Should we succeed, a second drill will then be added to the winter program to facilitate additional holes. The contract is for a minimum of 3,000 metres, with hopes to go above that. We are also extremely pleased with a 3-D model developed by Mercator and look forward to implementing the findings of their report. The report suggests the area around South Pond as a strong target area where the Eastern and Western Trends may intersect. The same area has a large cluster of historical gold bearing float.”

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project in the past through the Junior Exploration Assistance Program. The Company is applying for funding for the upcoming season as well.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.



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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Provides Winter 2020 Exploration Update At Moosehead Gold Project, Central Newfoundland

St. John’s, NL, January 17, 2020 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to provide an update on its current activities and near-term plans.

Notable events since the end of Phase 4 drilling include the following:

The Company has commissioned an approximate 800 line-km airborne magnetic survey over the entire property to help map out mafic dikes as well as key structures important for mineralization.

Sokoman has completed a till sampling program and the samples were submitted for gold grain study as well as Heavy Mineral Concentrate (HMC) analysis, with the results expected in March 2020.

The 3-D Model of Moosehead is in the final stages of production and is expected to be finalized by the start of Phase 5 drilling. A recently released report on the structural controls of mineralization, in association with the 3-D Model, will form the basis of the next drill program.

Phase 5 of drilling at Moosehead is expected to start in the beginning of February 2020.

Timothy Froude, P. Geo., President and CEO, comments: “We have been quite active at Moosehead and laying the framework for a busy and productive 2020. The marriage of the new till survey with a modern and detailed magnetic survey could unlock new zones of potential gold mineralization on underexplored areas of Moosehead. The main structural break extends the full length of the property, and historical work has shown that there is potential for gold mineralization along the entire length. We feel the time is right to evaluate the entire Moosehead Property ─ as history has shown, deposits tend to occur in clusters, and so far, we have only evaluated in detail 25% of the property.”

Airborne Magnetic Survey

Sokoman has commissioned the first magnetic survey over the property in almost 20 years. The new survey will be flown with a helicopter at 50 m line spacings, with the exception of a core area centered on the Western and Eastern Trends that will be at 25 m spacings. The strong spatial association of mafic dikes with areas of significant gold mineralization is a feature that the magnetic survey could help define, as well as identify targets over other areas of the property that have not been investigated to date. That survey is expected to be completed in the next 2-3 weeks.

Glacial Till Sampling

In late 2019, the Company completed a property wide, C-horizon till sampling program, to outline potential targets in other areas of the property identified by previous operators. Many historical till samples were not evaluated from a gold grain morphology perspective, most were simply analyzed for gold and other elements.

The Company feels that the most important aspect of a till sampling program is to determine how delicate gold grains are, as it is vital in helping locate where the exact source(s) of gold may lie. Previous workers have identified areas, particularly in the eastern and southern portion of the property, of gold bearing float, till and soil, with little to no follow-up. A large cluster of gold bearing quartz float (assaying from 5.40 to 17.20 g/t Au from grab samples), is known to exist at the north end of South Pond, just off the southern end of the current known strike length of the Eastern Trend. The till survey could help target the source of those float boulders.

The samples from the survey were shipped to Overburden Drilling Management in Ottawa for gold grain study as well as HMC analysis. The results of the till sampling are expected in March 2020.

3-D Model

Sokoman has been working with the contractor to upgrade the 3-D model of Moosehead and the recent results point to significant changes in the perception of the setting of the mineralization. Based on recommendations from the Structural Report, the scope of the 3-D modelling was increased to include the Western Trend.

The most significant development suggests that the Western Trend and Eastern Trend may be linked, and that the Western Trend appears to be a splay off of the main shear structure hosting the Eastern Trend. The model is now being refined and will help further define the Phase 5 drilling program.

Phase 5 Drilling

The Phase 5 Winter Program is expected to start in the beginning of February 2020. Field preparations have begun with flooding of North Pond in advance of an ice-based program to test the up-plunge extensions of the high-grade shoots in the Eastern Trend, as well as to test targets defined by the ongoing 3-D modelling. Sokoman has issued a call for bids for a minimum of 3,000 m, but the exact extent of the Phase 5 program will largely be weather dependent. The Company expects to conduct several phases of drilling in 2020.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland and Labrador for financial support of the project in the past through the Junior Exploration Assistance Program. The Company is applying for funding for the upcoming season as well.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Patrick Jacobson Patrick Jacobson

Sokoman Minerals Closes Non-Brokered Flow-Through Private Placement

St. John’s, NL, December 31, 2019 - Sokoman Minerals Corp. (‘Sokoman’ or ‘the Company’) (TSX-V: SIC; OTCQB:SICNF) is pleased to announce that it has received final approval from the TSX Venture Exchange and has closed its flow-through, non-brokered private placement (the “Placement”) (previously announced on December 24, 2019) for total proceeds of $535,000 consisting of 5,350,000 Flow-Through Units (the “FT Units”) at a price of $0.10 per FT Unit. Each FT Unit consists of one flow-through common share and one half of a common share purchase warrant. Each full warrant is exercisable into one common share at a price of 20 cents per share for a period of 18 months from closing. Finders’ fees totaling $23,475 will be paid to various finders in accordance with the TSX Venture Exchange policy.

All securities issued pursuant to the Placement are subject to a four-month-and-one-day hold period. The proceeds of the financing will be used to advance the Company’s flagship Moosehead Gold Project.

Tim Froude, President and CEO of Sokoman, said: “We are grateful to see continued support and interest in our company. We have both long-time shareholders and some newly ‘converted’ investors coming into the placement, all expressing their excitement for Sokoman in 2020 and beyond. To date, Sokoman has drilled 18,600 metres at Moosehead, and with this new placement and our existing funds, we are now well-positioned to commence a substantially more aggressive drill program beginning early in 2020, which should allow us to bring Moosehead to the next level.”

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which is believed to host potential DSO iron deposits.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp. 

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Press Release, 2019 Patrick Jacobson Press Release, 2019 Patrick Jacobson

Sokoman Minerals Receives Structural Report On The Moosehead Gold Property

Report Provides Insights on Gold Mineralization in the Eastern Trend and Identifies 2020 Drill Targets

St. John’s, NL, November 27, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to announce that it has received the Structural Interpretation Report on the Eastern Trend Zone of the Company’s flagship Moosehead Gold Property in north-central Newfoundland. This report, prepared by Dublin-based Earth Tectonics Ltd., details the structural controls of gold mineralization in the Eastern Trend and provides recommendations for future exploration.

Timothy Froude, P. Geo., President and CEO states: “The Earth Tectonics report has greatly strengthened the case that the Moosehead property is of significant value to the Company. The geology, structure, and style of mineralization compare favourably to the Fosterville gold deposit in Australia, which added some very high-grade gold resources to Kirkland Lake Gold’s inventory after a deep drilling program in 2015. Moosehead, unlike Fosterville, has only been tested to shallow depths (~200 metres vertically). The report has identified multiple underexplored targets that will require extensive drill testing. To date, Sokoman has drilled 18,600 metres, largely in the Eastern Trend and immediate vicinity, reporting multiple high-grade intersections, including 5.65 m @ 93.56 g/t Au from MH-18-01 (see News Release dated July 24, 2018), and 4.80 m @ 33.59 g/t Au from MH-19-62 (see News Release dated April 16, 2019), which are among the highest-grade results in Canada in the past 18 months. It is our intention to become more aggressive and we anticipate multiple phases of drilling in 2020, starting in the early winter.”

Report highlights include:

  1. Long section interpretations suggest a Main Zone consisting of several south-plunging high-grade shoots in the main fault-vein system which may be comprised of at least two lenses. The deepest drilling contains the highest-grade shoot at >100 gram-metres (grade multiplied by thickness) and is open in all directions.

  2. Vein style and host structures are typical of a sediment or intrusive hosted gold system controlled by reverse or strike-slip shears in a low grade metamorphic, compressional regime.

  3. The relationship between shearing and folding is similar to the Bendigo-Fosterville type gold deposits in Australia. These deposits are commonly multi-structured with principal shear-vein structures having considerable strike and depth extent (to >1000 m) as at Fosterville.

  4. Phase 4 drilling has confirmed the geometry of the central area of the Eastern Trend which remains open along strike and to depth. The across-strike link with the Western Trend is also flagged as an area of potential interest.

  5. The Eastern Trend exploration is at early stage with potential deposit size yet to be determined.

The Company is planning the next Phase (s) of drilling, mainly based on the interpretation and recommendations in the Structural Report. The main focus for 2020 will be to extend the Eastern Trend to depth and along strike to the north and south.

Selected excerpts from the Earth Tectonics Structural Report can be found at www.sokomanmineralscorp.com . The Company is also working on a 3-D model of the Eastern Trend, which will be posted on the Company’s website in due course.

The Company acknowledges and thanks the Government of Newfoundland and Labrador for its continued support of the Moosehead Project through the Junior Exploration Assistance program which provides funding for approved projects.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 million oz of gold at 2.18 g/t, indicated resources of 1.53 million oz of gold at 1.66 g/t and inferred resources of 1.53 million oz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project recently optioned to White Metal Resources, and two earlier stage gold properties along the Valentine Lake-Moosehead structural corridor. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project which is believed to host potential DSO iron deposits.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is

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Press Release, 2020 Patrick Jacobson Press Release, 2020 Patrick Jacobson

Sokoman Minerals Named Explorer Of The Year By The Canadian Institute Of Mining, Newfoundland And Labrador Branch

November 12, 2019 – St. John’s, Newfoundland – Sokoman Minerals Corp. (TSX.V: SIC) (‘Sokoman’ or ‘the Company’) is excited to announce that on November 9, 2019 the Company was recognized by the Newfoundland and Labrador Branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM NL) as Prospector/Explorer of the Year for continuous advancement and outstanding results at its 100%-owned flagship Moosehead Gold Property in Central Newfoundland.

The project generated a lot of buzz not only provincially but countrywide when the first hole drilled on the property intersected almost 12 m of 44.96 g/t Au, followed by several successful phases of drilling and investment by Eric Sprott, who is the Company’s largest shareholder. To date, Sokoman has drilled 88 holes totalling 18,600 m at Moosehead, many of them showing visible gold and high grades.

“After acquiring the property from Altius Minerals, Sokoman’s team re-evaluated the geology of the area through the examination of recently exposed bedrock and mineralized veins and determined the orientation of the controlling structures on the property, forming a strategically used plan and a successful drilling program. Sokoman Minerals is a very worthy recipient of this year’s Explorer of the Year award,” said Jamie Powell, Chairman and President of the CIM NL.

Sokoman is gearing up for an aggressive 2020 drill program, focused mainly on extending the high-grade Eastern Trend. The total meterage to be proposed will be based largely on the results of the forthcoming structural report being prepared by Earth Tectonics, as well as additional targets identified internally.

About CIM NL and Annual Mineral Resources Review Awards

The CIM Newfoundland and Labrador (CIM NL) Branch provides the premier mining event in Atlantic Canada every year: the Mineral Resources Review, jointly hosted with the Department of Natural Resources. This event provides the mining community of Newfoundland with the opportunity to share insights into mining, their stories and accomplishments.

‘Prospector/Explorer of the Year’ is one of the four award categories given annually by each CIM branch for excellence in mining/exploration work as well as contribution to the region’s mining industry. The companies/individuals are nominated by its peers and the nominations are then reviewed by a special committee, which determines the winner in each category based on multiple criteria.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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Press Release, 2019 Patrick Jacobson Press Release, 2019 Patrick Jacobson

Sokoman Extends Eastern Trend At Moosehead Gold Project

MH-19-81 cuts 17.34 g/t Au over 6.40 m; including 75.50 g/t Au over 1.45 m

St. John’s, NL, October 24, 2019 – Sokoman Minerals Corp. (TSX-V: SIC) (OTCQB: SICNF) (the “Company” or “Sokoman”) is pleased to release the results of Phase 4 diamond drilling at the 100%-owned Moosehead Project in North-central Newfoundland. The program successfully extended the strike length of the Eastern Trend to at least 400 metres (see attached drill plan) and the zone remains open to the north, south and at depth. The Company estimates true thicknesses of holes drilled from east to west are >80% of reported core length (ie. MH-19-69A, 75, 81 and older holes such as MH-19-52, 62 and 63 etc.), while reported intersections in holes drilled from west to east (ie. MH-19-68 and older holes such as 18-01, 17, 39, etc.) are approximately 50% of reported thickness. The summary of drilling highlights is tabulated below.

Read complete Phase 4 assay results here.

*MH-01-34 cut 8.67 g/t Au over 1.25 m and 7.11 g/t Au over 1.05 m incl. 28.62 g/t Au over 0.22 m (core lengths).

**MH-19-62 cut 4.8m @ 33.48 g/t Au (core length – true thickness estimated at 90% of core length).

G x M (grade multiplied by thickness in metres).

Timothy Froude, P. Geo., President and CEO, states: “We are extremely pleased with the results from the fourth phase of drilling at Moosehead, as well as the preliminary structural assessment by Earth Tectonics. The evidence suggests excellent potential exists to extend known high-grade shoots both up and down plunge and to depth as well as the discovery of additional high-grade shoots (ie. MH-19-75) at Moosehead. Sokoman’s persistence, and drilling strategy to date, is providing the information required to begin to formulate a clearer picture of what may be happening at the Eastern Trend and indeed, the remainder of the property.”

A total of 4,272 metres were drilled in 18 holes largely targeting the high-grade Eastern Trend drilled mostly from the east side of the pond. Multiple holes delivered high-grade results. MH-19-81, the final hole of Phase 4, successfully intersected the high-grade Main Zone 25 metres to the north of MH-19-62, the northernmost intersection of high-grade mineralization to date, and the zone remains open. MH-19-80, the southernmost hole drilled in the program, extended the gold bearing Eastern Trend to the south where it also remains open along strike and to depth.

In addition to extending the strike length of the Eastern Trend, the Phase 4 program has provided key insights towards better understanding the controls on mineralization within the Eastern Trend.

The attached long section reflects a preliminary assessment from Earth Tectonics whereby the known mineralization is interpreted to plunge to the south. This new interpretation suggests that much of our original drilling remains open and why some holes appear to have missed the zone. The ongoing structural assessment demonstrates the potential for multiple, stacked, south plunging high-grade shoots in the NE portion of the Eastern Trend, and also suggests additional high-grade shoots exist to the SW, as supported by hole MH-19-75, drilled 290 m south of MH-19-62, which intersected near surface, visible gold bearing veins typical of the high grade Eastern Trend. MH-19-75 returned a 5.80 m intersection (core length) grading 6.93 g/t Au starting at 87.50 m downhole, including two visible gold bearing veins that assayed 30.42 g/t Au over 0.30 m (from 88.95 m), and 32.99 g/t Au over 0.80 m (from 92.50 m).

To view Moosehead’s Gram X Metre Projected Longitudinal Map, please link here.

In terms of next steps, the Company expects to receive a detailed final report on the structural controls of mineralization at Moosehead by Earth Tectonics in the next two weeks and is moving ahead with permitting for an aggressive 2020 drilling campaign. This program will include a winter phase to take advantage of better ground conditions as well as possible additional ice-based drilling.

Analytical Techniques / QA/QC

All core samples submitted for assay were saw cut by Sokoman personnel with one half submitted for assay and one half retained for reference. Samples were delivered in sealed bags directly to the lab by Sokoman Minerals personnel. Samples, including duplicates, blanks and standards, were submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical is an accredited assay lab that conforms to requirements of ISO/IEC 17025. Samples with possible visible gold were submitted for total pulp metallics and gravimetric finish. All other samples were analyzed by standard fire assay methods. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; then pulverized to 95% -150 mesh; the total sample is weighed and screened 150 mesh; the +150 mesh fraction is fire assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry approved standard for every twenty samples submitted, is included in the sample stream. In addition, random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical.

QP

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects (Moosehead, Crippleback Lake and East Alder) in Central Newfoundland on the structural corridor hosting Marathon Gold’s Valentine Lake project (with measured resources of 1.16 Moz. of gold at 2.18 g/t, indicated resources of 1.53 Moz. of gold at 1.66 g/t and inferred resources of 1.53 Moz. of gold at 1.77 g/t (Marathon Gold Website) 150 km southwest of the Company’s high-grade Moosehead gold project. The Company also has a 100% interest in an early-stage antimony/gold project in Newfoundland recently optioned to White Metal Resources Inc. In Labrador, the Company has a 100% interest in the Iron Horse (Fe) project.

The Company would like to thank the Government of Newfoundland for its financial support of the ongoing exploration at Moosehead through the JEA program.

To learn more, please contact:

Timothy Froude, P. Geo.,
President & CEO
709-765-1726
tim@sokomanmineralscorp.com

Cathy Hume, Director,
Investor Relations
416-868-1079 x231
cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: 
@SokomanMinerals
Facebook: 
@SokomanMinerals

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

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