Sokoman Provides Project Update, Moosehead Gold Project, Central Newfoundland

Channel sample results received / 1,500 m drilling program initiated at the Western Trend.

ST. JOHN'S, NL, November 27, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that a minimum 1,500 m diamond drill program has begun to test the Western Trend gold zone based on information gained in the trenching program. Drilling will consist of 20 to 30 diamond drill holes testing along strike / down dip of the newly discovered, east-west trending, gold-bearing vein network exposed in the Western Trend trench, a splay off of the main, north-trending vein system similar to the Footwall Splay trend off of the main Eastern Trend. The trenching was initiated as a first step towards a conventional (drill and blast) bulk sample from the Western Trend.

The Company also reports the results for the remaining channel samples from the Western Trend trench and preliminary results for the metallurgical samples from Base Met Labs in Kamloops, B.C., for scoping-level, metallurgical testing of the Western Trend gold mineralization.

Timothy Froude, P.Geo., President and CEO, states, "We are excited about the next few months at Moosehead, as we will not only be receiving the first metallurgical test results for the property, we are also beginning a drilling program based on the results of the trenching program at the Western Trend, the first step towards a bulk sample at Moosehead. All three programs are intertwined since the drilling will influence the bulk sample extraction, and the metallurgical work will strongly influence how and possibly where the sample is processed. The final assay results for channel samples in the Western Trend trench confirm the significance of the newly recognized East-West trend of high-grade mineralization, justifying the 1,500 m drill program. Dr. Coller's recent visit to the property, focused on the Western Trend trench exposure, will help him determine the structural setting at Moosehead and ultimately lead to recommendations for deep drilling at Moosehead."

Western Trend Channel Sample Results

The remaining channel sample results, 21 samples from channels 8 to 15, from the Western Trend trench (see channel sample location map) confirm that an east-west trending, high-grade vein system (the East-West Splay) occurs in the Western Trend. It is highlighted by channel #8, which returned 8.10 m of 7.09 g/t Au, including 3.20 m of 14.29 g/t Au. A total of 41.2 m, representing 57 separate samples, ranging from 0.15 to 1.10 m (with a median length of 0.73 m), returned an average weighted grade of 5.79 g/t Au with all samples analyzed by total pulp metallic assaying at Eastern Analytical Ltd. in Springdale, NL.

Channel Sample Location Map

Western Trend Diamond Drilling

Based on observations from the Western Trend trench, a minimum 1,500 m diamond drill program is planned to extend the main vein trend and the newly recognized East-West Splay by up to 200 m along strike and 80 m vertically. To date, four drill holes have been completed with all intersecting visible gold-bearing quartz vein zones. The program is expected to continue to the Christmas Break, on or about December 19, 2024. All analyses are pending.

Bulk Sampling

The proposed 1,000 m3 (approximately 2,700 tonnes) conventional bulk sample from the Western Trend trench area is in the permitting stage. It will await the metallurgical testing results on the 242 kg sample (split between the three types of mineralization) at Base Met Labs in Kamloops, B.C., and the results of the diamond drill program. The Company is in discussion with several groups regarding bulk sample processing. Also, the Company expects a report on progress on the Footwall Splay bulk sample from Novamera Inc. later this quarter, including plans for the next stage of the bulk sample program.

Metallurgical Testing

The 242 kg metallurgical sample (split between the three types of mineralization) is being tested at Base Met Labs in Kamloops, B.C. The first stage work involved establishing the head grade for all three samples, with the results summarized below:

·       Quartz veins                            - 58.8 g/t Au grade

·       Wallrock (sediment)               - 0.84 g/t Au grade

·       Wallrock (altered dyke)          - 2.46 g/t Au grade

Other studies, including gravity recoveries, leaching, etc., are ongoing and expected before year end.

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel, with one-half submitted for assay and one-half retained for reference. Samples are 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 visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh; and 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: the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, which is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program over the past few years.

About Sokoman Minerals Corp.
 
Sokoman Minerals Corp., based in Newfoundland and Labrador, Canada, focuses primarily on its gold projects, including the wholly-owned Moosehead, Crippleback Lake, and the extensive Fleur de Lys project near Baie Verte. This latter project aims to discover Dalradian-type orogenic gold mineralization like the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company has also partnered with Benton Resources Inc. on three large-scale joint ventures: Grey River, Killick Lithium, formerly Golden Hope, and Kepenkeck, positioning Sokoman as one of the largest landholders in Canada’s emerging gold districts.
 
In October 2023, Sokoman and Benton entered into an agreement with Piedmont Lithium Inc. to advance the Killick Lithium Project. Under this deal, Piedmont can acquire up to 62.5% of the project by investing up to $12 million in exploration and issuing $10 million shares over three phases. The project, previously known as Golden Hope, is now part of Killick Lithium Inc., a subsidiary of Vinland Lithium Inc., in which Piedmont has acquired a 19.9% stake for $2 million. Sokoman and Benton maintain operational control during the earn-in phases and retain a 2% NSR royalty on future production. Additionally, Piedmont holds exclusive marketing and first-refusal rights on the lithium concentrates for the life of the mine.
 
Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Corp. to Seek Shareholders Approval to Spin-out Shares of Vinland Lithium Inc.

ST. JOHN'S, NL, November 25, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) announces that it has filed Management Proxy Materials under its profile on sedarplus.ca for its annual and special general meeting of shareholders (the “Meeting”). The Meeting is currently set to be held on January 8, 2025, in Vancouver, BC, although the actual date is likely to change as a result of the Canadian postal strike. At the Meeting, Sokoman shareholders will be asked to approve a special resolution (two-thirds of votes cast) to reorganize Sokoman’s share capital to facilitate a spin-out to shareholders of approximately 2 million of Sokoman’s 4 million shares of Vinland Lithium Inc. (“Vinland”). Vinland holds the Killick Lithium Project and is currently owned by Sokoman (40%), Benton Resources Inc. (“Benton”) (40%) and Piedmont Lithium Newfoundland Holdings LLC (“Piedmont”), a wholly-owned subsidiary of NASDAQ-listed Piedmont Lithium Inc. (20%). Benton will concurrently seek the approval of its shareholders for a similar 2 million share spin-out. Subject to the two spin-outs being completed, the TSX Venture Exchange has conditionally agreed to list the approximately 10 million issued shares of Vinland, of which approximately 40% will be in the hands of Sokoman and Benton shareholders.
 
The spin-outs will be substantially pro rata to Sokoman and Benton shareholders; however, the exact ratio of Vinland share per Sokoman share will be determined prior to completion in January 2025. The exchange ratio is dependent on the number of Sokoman shares issued at the time of completion. The ratio is expected to be approximately 50 Vinland shares per 8,000 Sokoman shares. Accounts holding less than 8,000 Sokoman shares (having an approximate $320 market value) will not receive Vinland shares as the immediate and ongoing administration and compliance costs for very small odd-lot Vinland shareholders would be prohibitive.
 
Some of the key points for shareholders are as follows:

• The Killick Lithium Project holds excellent discovery potential in a newly discovered lithium belt

• Piedmont, a wholly-owned subsidiary of NASDAQ-listed Piedmont Lithium Inc., completed a 2023 financing in Vinland of CAD$2.0M @ CAD$1.00 per share to hold 19.9%

• Piedmont Lithium Inc. is one of North America’s leading lithium companies

• Newfoundland is ranked as one of the top jurisdictions to explore and develop mineral potential

• Piedmont Lithium Inc. has vast technical and geological knowledge in similar geology to that of the Kraken pegmatites

• Vinland holds indirectly, through its subsidiary Killick Lithium Inc., a 100% interest in the Killick Lithium Project

• Piedmont will have the option to earn up to a 62.5% direct interest in Killick Lithium Inc. by spending CAD$12.0M in exploration and development during the period of the option

• Upon Piedmont completing all earn-in options, Piedmont/Piedmont Lithium Inc. will have paid Sokoman and Benton a total of CAD$10.0M in Piedmont Lithium Inc. shares in addition to having funded all the Vinland exploration and development costs

• Sokoman and Benton to collectively retain a 2% NSR on the Killick Lithium Project

In addition to the spin-out resolution, Sokoman shareholders who attend the Meeting will attend to annual matters, including consideration of Sokoman’s June 30, 2024, audited financial statements, the election of directors, appointment of auditors, and approval of Sokoman’s stock option plan.  
 
Full details of the spin-out and the other annual matters are contained in a management information circular dated November 18, 2024, and filed under the Company’s profile on sedarplus.ca. This circular contains detailed information on Vinland as a stand-alone company and will be mailed to registered shareholders once the postal strike is over. It will contain details of the final Meeting date, as that appears likely to change as of the date of this news release.
 
About Sokoman Minerals Corp.
 
Sokoman Minerals Corp., based in Newfoundland and Labrador, Canada, focuses primarily on its gold projects, including the wholly-owned Moosehead, Crippleback Lake, and the extensive Fleur de Lys project near Baie Verte. This latter project aims to discover Dalradian-type orogenic gold mineralization like the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company has also partnered with Benton Resources Inc. on three large-scale joint ventures: Grey River, Killick Lithium, formerly Golden Hope, and Kepenkeck, positioning Sokoman as one of the largest landholders in Canada’s emerging gold districts.
 
In October 2023, Sokoman and Benton entered into an agreement with Piedmont Lithium Inc. to advance the Killick Lithium Project. Under this deal, Piedmont can acquire up to 62.5% of the project by investing up to $12 million in exploration and issuing $10 million shares over three phases. The project, previously known as Golden Hope, is now part of Killick Lithium Inc., a subsidiary of Vinland Lithium Inc., in which Piedmont has acquired a 19.9% stake for $2 million. Sokoman and Benton maintain operational control during the earn-in phases and retain a 2% NSR royalty on future production. Additionally, Piedmont holds exclusive marketing and first-refusal rights on the lithium concentrates for the life of the mine.
 
Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Seeks Regulatory Approval to Extend Warrants

ST. JOHN'S, NL, November 7, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) has submitted an application to the TSX Venture Exchange (the “Exchange”) seeking approval to extend the term of 26,946,423 warrants for 12 months. The warrants were issued pursuant to the Company’s Flow-Through Private Placement, which closed in December 2023. On receipt of Exchange approval, 18,942,500 warrants will be extended to November 29, 2025, and 8,003,923 warrants will be extended to December 20, 2025. The warrants’ exercise price of CAD$0.13 remains unchanged.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023. 

Projects optioned with optionee fully vested: 

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR) 

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR) 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Exploration Update – Trenching / Bulk Sampling / Drilling Moosehead Gold Project, Central Newfoundland

Western Trend trench channel samples - 22.45 g/t Au / 4.05 m incl. 35.93 g/t Au / 3.00 m

ST. JOHN'S, NL, October 31, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) provides the following update on the exploration of the 100%-owned Moosehead Gold Project. The current focus is on the Western Trend conventional bulk sample where trenching has exposed the quartz mineralized zone with 50% of mapping and channel sampling completed. A 150 kg sample, 50 kg of each of the three gold-bearing rock types, has been taken and sent to Base Met Labs in Kamloops, B.C., for scoping-level, metallurgical testing of the Moosehead Gold Project gold mineralization. Results are expected in late Q4 2024 or Q1 2025.

Timothy Froude, P.Geo., President and CEO states; “There’s a lot going on at the project presently, in a series of positive, forward-looking steps, including preparing for the first of two bulk samples, early-stage metallurgical work, additional structural mapping by consultant Dr. David Coller, and planning additional diamond drilling on the Western Trend, based on new information gained through the trenching. For the first time, trenching allows us to see in the outcrop the relationships between the high-grade, gold-bearing quartz veins and the host rocks. Dr. Coller will examine the exposed Western Trend high-grade mineralization and its structural setting for a week, comparing it with the other high-grade gold zones on the Moosehead property. Dr. Coller's observations will undoubtedly help him formulate his theories on mineralization and where high-grade mineralization may lie at depth. The trenching has also exposed previously unknown gold-bearing veins that trend towards areas with little to no previous drilling, as a result, additional drilling is being planned.”

Conventional Bulk Sample – Western Trend

Channel sample results from the Western Trend trench are highlighted by multiple high-grade assays including channel #4 which returned a weighted average of 22.64 g/t Au / 4.85 m including 35.93 g/t Au / 3.00 m (assay summaries are shown in Table 1). The trench covers an area approximately 35 m along strike by 20 m across strike, which has been washed, with approximately 50% mapped and channel sampled. Recent stripping has uncovered veining, with specks of VG, trending to the north and south, to areas with little to no drilling and additional drilling is being planned to define these veins in the next week to 10 days. A total of 36 saw-cut channel samples were analyzed at Eastern Analytical Ltd. in Springdale, NL, with 16 selected for metallic pulp assaying (Table 2), based on the quartz host. Eleven of the 16 metallics assays gave values from >50 g/t Au to 2,090 g/t Au from the coarse (+150 mesh) fraction, suggesting coarse visible gold (VG). Sampling continues as the trench has been expanded since the first channel samples were taken. The Company has submitted the bulk-sample permit application.

A 2001 Altius vertical drill hole (MH-01-21), is located between trench channel samples 3 and 4 near the western edge of the main quartz zone (see channel sample location map). It collared in and cut, 3.19 m of quartz with five samples grading from 0.27 g/t Au / 0.60 m to 8.98 g/t Au / 0.60 m (averaging 2.82 g/t Au / 3.19 m). Channel samples 3 and 4 averaged 4.54 g/t Au / 4.05 m, and 22.64 g/t Au / 4.85 m, including 6.59 g/t Au / 2.55 m and 35.93 g/t Au / 3.00 m respectively from the quartz vein portions. The lower grades in the Altius drill hole possibly reflect the impact of the nugget effect on a drill intercept with smaller drill core. Sokoman drill hole MH-24-618 undercuts the trench approximately 10 m to the south of the southern limit of the exposed quartz vein giving 8.18 g/t Au / 1.80 m in a quartz vein at a downhole depth of 14.70 m suggesting a southern continuation of the exposed vein. As per the most recent press release on Moosehead, the Company is expecting an update report on progress on the Footwall Splay bulk sample from Novamera Inc. later this quarter, which will include plans for the next stage of the program.

Channel Sample Location Map

Table 1: Western Trend Trench Channel Samples

Table 2: Metallic assaying results from Eastern Analytical Ltd – all samples returning assaying > 50,000 ppb Au (50 g/t) in the coarse (+150 mesh fraction) are highlighted (Eastern Analytical Ltd.)

Diamond Drilling

Results from recent drilling at the 552 Zone (12 holes), and recon holes (5 holes) from an area 750 m north of North Pond (Bowtie Pond - see Plan) have been received. All five recon holes (MH-24-594 to 598) gave insignificant results while the 12 holes in the 552 Zone area gave mixed results including seven holes with insignificant values. The zone remains open down dip as shown by a 6.63 m intercept in MH-24-601 averaging 0.75 g/t Au at 243.70 m downhole and the other four holes gave values over 0.30 to 1.00 m, up to 1.50 g/t Au.

Diamond drilling, focused on the Western Trend, will resume immediately, with deep-drilling planning awaiting the final structural report from Dr. Coller, expected in H1 2025.

Plan of recent drilling and test sites for Western Trend Bulk Sample (A,B,C)

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are 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 visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh; and 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 and one of the largest landholders in the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023. 

Projects optioned with optionee fully vested: 

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR) 

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR) 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Updates Phase 1 Diamond Drilling Program Fleur de Lys Gold Project, NW Newfoundland

ST. JOHN'S, NL, October 3, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) provides an update on the maiden drilling program at the 100%-owned Fleur de Lys Property located in the mineral-rich Baie Verte Mining District of northwestern Newfoundland. To date, 1,442 metres of NQ-sized diamond core drilling has been completed in 16 holes. No assays have been received from the 465 core samples sent to Eastern Analytical Ltd. in Springdale, Newfoundland.
 
Timothy Froude, P. Geo., President and CEO of Sokoman Minerals states; “We are pleased with the results of our first drill program on the Fleur de Lys gold property. Our drilling is the first in the area except for holes FDL-24-09 and 10 which undercut a 1988 drill hole by Noranda which tested a showing they discovered. The drilling has intersected previously unknown structures, shear and quartz vein zones with associated sulphide mineralization, that show the potential for gold mineralization. We are awaiting assays from all holes including four holes testing the area of the Golden Bull Prospect, an area of mineralized float with no bedrock exposure. To date only a narrow, 15 cm stylolitic quartz vein vaguely resembling the large float boulders has been intersected. Drilling will continue in the Golden Bull boulder field in the coming two to three weeks to locate the source of the mineralized boulders and additional targets in the northern portion of the property will also be tested.  
 
Exploration during the past three years has targeted world-class “Dalradian-type” orogenic gold mineralization in a similar geological environment in the Caledonian domain of Northern Ireland and the United Kingdom where the Curraghinalt deposit in Northern Ireland is one of the largest undeveloped gold deposits in the Caledonian-Appalachian Orogen hosting more than 6 million ounces of gold.”
 
Program to Date
 
The 2,000 m Phase 1 program is testing two historical, as well as new targets generated by Sokoman’s 2021-2024 till and prospecting programs that include the Golden Bull Prospect (boulder field) discovered late in 2023. Drilling is focussing on an approximately 8 km2 area that includes several discrete targets highlighted by the Golden Bull Prospect area. Drilling has tested six separate targets (see Map 1) with no assays received to date. Other targets located several kilometres further north will be tested in the coming weeks.

Map 1: Drilling overview

Holes FDL-24-01 to FDL-24-04 tested quartz breccia zones 2 km southwest of the Golden Bull Prospect target area and that gave anomalous gold values up to 2 g/t Au from random rock grab (outcrop and float) samples in 2022 and 2023. No previous drilling tested the zones. All four holes intersected sheared / locally brecciated psammitic schists with variable quartz veining and 1%-2% disseminated pyrite over core lengths of 0.5 m to 4.0 m (true thickness approximately 90% of core length).

Drill holes FDL-24-05 to FDL-24-08 tested geophysical / soil geochemical targets underlain by a strong north-trending structural corridor, originally defined by Noranda in 1988 but never tested. Two of the holes (FDL-24-07 and 08) intersected quartz veining with variable sulphide (1%-3% disseminated pyrite and pyrrhotite) over 2.9 m to 10.0 m core length (true thickness 80% of core length).

Figure 1: FDL-24-01 quartz breccia zone with 1%-2% sulphide (40 m - 44 m downhole)

Figure 2: FDL-24-08 quartz chlorite breccia with 1%-3% sulphide (17.5 m - 21.9 m downhole)

Drill holes FDL-24-09 and 10 tested two gold showings discovered by Noranda in 1988 with only one, the Castor's Brook showing, trenched and drill-tested by Noranda. It consists of a quartz breccia zone exposed in four trenches and tested by a single 107 m drill hole with drill assays of 0.42 g/t Au / 0.20 m and 0.30 g/t Au / 0.30 m. Noranda trench values range up to 8.25 grams per tonne gold (g/t Au) over 0.4 m, and 3.00 g/t Au over 0.70 m from trenches 50 m apart. Sokoman DDH FDL-24-09 was drilled to test the 8.25 g/t Au trench values. Results remain pending.

Figure 3: FDL-24-09 shear zone with variable quartz veining and 1%-2% sulphide (41 m - 48 m downhole)

Diamond drill hole FDL-24-10 tested the Castor's North showing also discovered by Noranda in 1988 located 300 m north of the Castor's Brook showing. It is a 0.5 m to 3.0 m wide quartz breccia zone with reported Noranda grab sample results of 7.46 g/t Au and 3.4 g/t Au. The showing was not drilled by Noranda. FDL-24-10, a 100 m hole, which intersected a 10.3 m wide (core length - true thickness believed to be 80% of core length) zone of shearing with variable quartz veining and 1%-2% sulphide from 5.7 m to 16 m.

Holes FDL-24-11, 12, 13 & 16 tested anomalous gold values in float samples, including the stylolitic Golden Bull boulders, which gave up to 9.03 g/t and a north-south trending VLF EM conductor located just to the east of the anomalous boulders. Hole FDL-24-11 intersected psammites and amphibolites with zones of elevated sulphides, up to 1%. Hole FDL-24-12 intersected a 14 cm banded quartz vein with trace disseminated pyrite at 87.66 m. This vein was hosted in a 10.52 m graphitic zone with 2%-3% blebby sulphides from 79.8 m. Hole FDL-24-13 intersected a 72 cm smoky quartz breccia zone with 1% blebby pyrite from 115.72 m and a 2.54 m graphitic shear zone with 2% dusty disseminated pyrite from 124.39 m. Hole FDL-24-16 intersected 2.72 m of graphitic schist with up to 2% coarse / blebby pyrite at 46.95 m and a 50 cm quartz albite zone with up to 6% sulphides from 49.76 m.

Holes FDL-24-14 and 15 targeted a breccia zone outcrop which gave values up to 1.67 g/t Au in grab samples, located just south of the Golden Bull Prospect area. FDL-24-14 intersected 2.11 m of quartz cemented breccia comprising at least three phases of quartz from 11.4 m, with trace dusty, disseminated, pyrite in the quartz. FDL-24-15 intersected a 1.26 m breccia zone at 34.31 m.

Figure 4: FDL-24-14 quartz breccia with disseminated pyrite (11.40 m – 13.51 m downhole)

Drilling will continue for two to three more weeks with a decision on follow-up drilling this fall to be made once all assays have been received.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.  

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023. 

Projects optioned with optionee fully vested: 

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR) 

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR) 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251 
E: cathy@chfir.com

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

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.

Sokoman Minerals Reports Strongly-Mineralized Veining in the Western Trend Bulk-Sample Trench at Moosehead Gold Project, Central Newfoundland

ST. JOHN'S, NL, September 26, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide the following updates from the 100%-owned Moosehead Gold Project in central Newfoundland. The current focus at Moosehead is on plans to extract bulk samples. The first sample is a conventional bulk sample on the Western Trend using drill and blast methods (see Plan Map 1 for proposed locations). The second bulk sample is with Novamera Inc. at the Footwall Splay in the Eastern Trend, utilizing Novamera’s proprietary surgical mining technique. Due to lengthy lab turnaround times, the Company is waiting for the gold assay results from 28 holes.

Timothy Froude, P. Geo., President and CEO, states, “We are thrilled with the advances we've made on both bulk-sample projects and eagerly anticipate the completion of the Western Trend bulk sample this year. The exposed quartz veining is reminiscent of some of the best drill holes on the Moosehead property. This pivotal step will yield critical insights into the metallurgy and gold recoveries at Moosehead, marking a significant milestone in our project's development.”

Conventional Bulk Sample – Western Trend 

Three areas (labelled A, B and C on Plan Map 2) within the Western Trend were drill tested with a series of short holes to determine the best location to extract a conventional bulk sample of 1,000 cubic metres (approximately 2,700 tonnes). Area C (see Plan Map 2) was chosen, and the excavation is underway. A zone of quartz veining with associated altered and mineralized mafic dyke has been exposed in the center of the trench (see Image 1), which is believed to be linked to a 1.5 m wide quartz vein intersected in drill hole MH-24-618, which contained 25 specks of visible gold. MH-24-618 is located approximately 10 m south of the end of the exposed vein. The trench has yet to be fully excavated, with mapping and sampling to commence immediately upon completion. Preliminary examination of the exposed quartz veining has identified locally abundant boulangerite and arsenopyrite mineralization with random specks of visible gold noted in multiple locations. The final layout of the bulk sample dimensions will be completed in about two weeks once all sampling of the exposed mineralization has been done. All assays are pending.

Novamera Partnered Bulk Sample – Footwall Splay

To date, two sets of historical and Novamera drilled holes, six in total, have been surveyed by Novamera in the Footwall Splay area, and final modelling is ongoing. The objective is to define a similar-sized area to the conventional bulk sample to be extracted utilizing Novamera’s surgical mining technique. Meanwhile, the Company has been informed by Novamera that the rig that will be taking the potential sample is under contract until June 2025, at which time it will be available for Sokoman’s program. It is the Company’s intention to use leftover material from the conventional bulk sample as ballast for the Novamera rig, saving time and cost on that program. The Company will provide further updates from Novamera as they become available.

Plan Map 1: Proposed bulk-sample areas

Image 1: Western Trend trench with exposed quartz veining

Plan Map 2: Recent drilling and test sites for Western Trend bulk sample (A, B, C)

Diamond Drilling

Recent diamond drilling has focused on outlining an area suitable for a conventional (drill and blast) bulk sample in the Western Trend. Three areas were tested with a series of short holes; to date, all assays are outstanding. The Company also anticipates results from recent drillings at the 552 Zone and several reconnaissance holes north of the Eastern Trend. Currently, gold assay turnaround times exceed six weeks, with full and partial (metallics) results pending for 28 holes shown on the drill hole plan (see Plan Map 2). Diamond-drilling operations are on hold, pending guidance from Novamera and insights from Dr. David Coller’s structural report for the deep-drilling program. Dr. Coller is producing a project-scale and regional-scale structural model on which to base a deeper drilling program at Moosehead. He is integrating regional structural data from the Valentine Lake and Queensway mineralized trends and areas northeast of Moosehead, recognizing its position within a larger, complex structural domain that extends beyond our property borders. This comprehensive understanding of the regional structural history is crucial for interpreting Moosehead's structural context. We anticipate Dr. Coller's final report by late Q4 2024 or early Q1 2025.

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are 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 visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh; and 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 and one of the largest landholders in the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.  

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023. 

Projects optioned with optionee fully vested: 

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR) 

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR) 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251 
E: cathy@chfir.com

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

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.

Sokoman Minerals Commences Phase 1 Diamond Drilling Program at the Fleur de Lys Gold Project, Northwestern Newfoundland

ST. JOHN'S, NL, August 22, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that a diamond drill rig has been mobilized to the Fleur de Lys Property, with drilling to commence immediately. The 2,000-m, Phase 1 program will test historical showings and targets generated by Sokoman’s 2021-2024
till / prospecting programs, including the Golden Bull prospect discovered in 2023.  

The program is planned for 20 holes at an average depth of 100 m, with drilling beginning at the southern end of the area to test targets identified, but not tested, by Noranda in the 1980s and ending at the Golden Bull area in the central portion of the six to eight km2 target area with approximately 50% of the program planned for Golden Bull.

Timothy Froude, P.Geo., President and CEO of Sokoman Minerals states; “We are very pleased to start our maiden drill program at Fleur de Lys. We have systematically explored the property during the past three years, targeting world-class, Dalradian-type, orogenic gold mineralization in a similar geological environment in Northern Ireland and the United Kingdom. The Curraghinalt deposit in Northern Ireland, hosting more than six million ounces of gold, is currently one of the largest undeveloped gold deposits in the Caledonian-Appalachian Orogen. The program will test at least five distinct target areas highlighted by the Golden Bull Prospect, including targets not tested by Noranda in the late 1980s. Regional exploration will continue to define till and rock sample anomalies to generate more drill targets.”

The six to eight km2 target area includes several discrete targets highlighted by the Golden Bull Prospect, which is defined by 124 grab samples, with visible gold noted, and with 34 values >500 ppb Au to a maximum of 9,020 ppb (9.02 g/t) Au, in laterally extensive stylolitic quartz float consisting of angular to sub-angular boulders. Approximately 50% of the grab samples from the broader Golden Bull target area have given values >100 ppb Au, suggesting the potential for additional, undiscovered gold zones.

Drilling will be conducted by Springdale Forest Resources based in Springdale, NL, utilizing a Duralite tracked rig recovering NQ size drill core. The program will run on a day-shift-only basis with a two-man drill crew working a 12-hour shift. Assaying will be done at Eastern Analytical Ltd., in Springdale, approximately 90 km by Provincial highways from the Fleur de Lys property.

Photo 1: Tim Froude with a typical boulder from Golden Bull – Fleur de Lys Project

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. All samples of quartz vein material were submitted for total pulp metallics and gravimetric finish. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; and 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 and one of the largest landholders in the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.  

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023. 

Projects optioned with optionee fully vested: 

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR) 

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR) 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Provides Exploration Update at the Fleur de Lys Gold Project, Northwestern Newfoundland

ST. JOHN'S, NL, July 25, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide the following update from the 2024 exploration program at the 100%-owned Fleur de Lys Project in Newfoundland. An earlier-than-normal melting of snow cover throughout the northern and central portions of the Baie Verte Peninsula allowed an early start to the prospecting season. Since May 1, 2024, the Company has collected and received assay results for 89 rock samples from Fleur de Lys. Most samples were collected from the northern portion of the property, where winter logging activities have opened a large area of prospective ground, including several discreet target areas over a six to eight sq-km area highlighted by the Golden Bull Prospect discovered in late 2023. The total number of samples collected since late 2023 is 124, 34 of which returned gold values greater than 500 ppb to a maximum of 9,020 ppb gold (9.02 g/t Au). More than half of all samples collected over the broader Golden Bull target area since 2023 have returned greater than 100 ppb gold, suggesting potential for additional, undiscovered gold zones at Fleur de Lys.

Highlights of the 2024 rock sampling program include:

• 89 samples collected and assayed of quartz vein float and quartz vein bedrock samples

• 37 samples returned gold assays greater than 100 ppb gold (0.1 g/t Au)

• 12 samples returned gold assays greater than 1,000 ppb gold (1.0 g/t Au) to a maximum of 5,472 ppb gold (5.47 g/t Au)

• Five samples greater than 1.0 g/t Au were from bedrock grabs

• Multiple high-priority drill targets are now confirmed for the upcoming Phase 1 drill program, which will focus on the Golden Bull target area; four other areas will also be drill tested

Timothy Froude, P. Geo., President and CEO of Sokoman Minerals, states; "We are very pleased with the progress we have made at Fleur de Lys this year, and we look forward to the start of our 2,000 m maiden drill program, pending receipts of all permits hopefully by mid-August. We are currently evaluating the bids from multiple diamond-drilling contractors while we continue to sharpen drill targets based on our 2024 (and 2023) rock sampling programs. We have received all but one of the required permits and expect the final (water-crossing) permit in the coming weeks. Most of the initial drilling will be in a 2-km by 1.5-km area defined as the Golden Bull Prospect and will consist of multiple 50- to 150-m-long drill holes. We have also confirmed at least one drill hole will test four other targets undergoing last-minute fine-tuning within a larger six to eight sq-km area enclosing the main target (Golden Bull) area. In the meantime, we continue work on other till and rock sample anomalies elsewhere on the property as part of the 2024 program to define future drill targets for later this year or early 2025."

Photo 1: One of many large stylolitic quartz boulders at Golden Bull. (9.02 g/t Au)

Golden Bull Prospect

The Golden Bull Prospect was identified late in 2023, and assays from 35 rock grab samples collected returned assays up to 9.02 g/t Au, from variably banded (stylolitic) quartz blocks locally exceeding several tonnes in weight (Photo 1) and previously reported in a press release dated October 4, 2023. The 35 samples collected, 17 of which exhibited moderate to strong stylolitic banding (as shown in Photo 2), returned assays greater than 500 ppb (0.50 g/t Au) to a maximum of 9,020 ppb (9.02 g/t Au). The Golden Bull Prospect lies within a larger area (Map 1) of anomalous till and soil geochemistry outlined by Sokoman since 2023, as well as geochemical and geophysical (VLF-EM) anomalies identified by historical work completed by Noranda Inc. in the late 1980s.

The district-scale Fleur de Lys Project is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. Curraghinalt is currently one of the largest undeveloped gold deposits in the Caledonian-Appalachian Orogen, hosting more than six million ounces of gold.

Photo 2: Typical stylolitic banded quartz at Golden Bull - Fleur de Lys Project

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. All samples of quartz vein material were submitted for total pulp metallics and gravimetric finish. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; and 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., based in Newfoundland and Labrador, Canada, focuses primarily on its gold projects, including the wholly-owned Moosehead, Crippleback Lake, and the extensive Fleur de Lys project near Baie Verte. This latter project aims to discover Dalradian-type orogenic gold mineralization like the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company has also partnered with Benton Resources Inc. on three large-scale joint ventures: Grey River, Killick Lithium formerly Golden Hope, and Kepenkeck, positioning Sokoman as one of the largest landholders in Canada's emerging gold districts.

In October 2023, Sokoman and Benton entered into an agreement with Piedmont Lithium Inc. to advance the Killick Lithium Project. Under this deal, Piedmont can acquire up to 62.5% of the project by investing up to $12 million in exploration and issuing $10 million in shares over three phases. The project, previously known as Golden Hope, is now part of Killick Lithium Inc., a subsidiary of Vinland Lithium Inc., in which Piedmont has acquired a 19.9% stake for $2 million. Sokoman and Benton maintain operational control during the earn-in phases and retain a 2% NSR royalty on future production. Additionally, Piedmont holds exclusive marketing and first-refusal rights on the lithium concentrates for the life of the mine.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Updates Moosehead Gold Project, Central Newfoundland

Novamera Completes Second Round of Footwall Splay Modeling

ST. JOHN'S, NL, July 11, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that the second round of surveying using Novamera Inc's calibration tool has been completed at the Footwall Splay. In May 2024, Novamera surveyed three drill holes (MH-21-160, 163, 164) to expand the 3D modeling of the Footwall Splay 20 m to the north of the previous survey and confirm the location of the high-grade gold veins over a ~25 m strike length to 100 m depth. The data will be merged with data from the previous survey (News Release May 23, 2024.) The next steps will be: 1) to identify an area for a 1000 cubic metre bulk sample and 2) to conduct a preliminary economic assessment of the planned work with more drilling possibly required to verify the model. The Novamera program is focused on modeling the near-surface portion of the Footwall Splay Zone for a bulk sample using their proprietary drilling and bulk sampling technology. Once all data has been compiled the permitting will begin with the timing of a bulk sample dependent upon rig availability.

The Company is also looking at the Western Trend as a site for a bulk sample, to be acquired by conventional methods (drill and blast), focusing on the two areas proximal to MH-18-08 that gave two near-surface intersections, including 1.05 m of 207.51 g/t Au from 8.50 m downhole, and 2.28 m of 42.36 g/t Au from 33.07 m downhole and historical hole (Altius Minerals) MH-02-16 which returned 1.47 m of 28.50 g/t Au including 0.47 m of 87.23 g/t Au from 13.72 m downhole. Drilling to extend these intersections up-dip to the surface and along the strike will take place immediately. Permits for trenching to expose the gold mineralization, planned for August, have been submitted.

Moosehead Summer Drill Program

Drilling is ongoing, focusing on the Eastern Trend and the 552 Zone. Five holes (740 m) have been completed in the northern extension of the Eastern Trend (see plan map below), where historical drilling intersected quartz veining similar in style to gold-bearing veins at the main Eastern Trend, with low-grade gold values. This area is considered prospective for Eastern Trend (higher grade) gold mineralization. All results are pending. Three holes (664 m) have tested the 552 Zone, with the second hole, MH-24-601, the deepest hole on the zone, cutting the structure from 238.55 - 249.70 m (11.5 m), including a 2.1 m quartz breccia vein with 2 to 5% disseminated / stringer pyrite and arsenopyrite. Assays are pending. The 552 Zone has been drilled over a 150 m strike length and to a downhole depth of 250 m. It remains open.

Timothy Froude, P. Geo., President and CEO of Sokoman Minerals, states, "We are extremely pleased with Novamera's progress to date at the Footwall Splay. Modeling of the survey is underway, and once complete, Novamera will do a cost analysis to determine if the bulk sample can be collected cost-effectively. We are also undertaking a trenching/drilling program at the adjacent Western Trend, where near-surface / high-grade gold mineralization occurs. The Western Trend targets are amenable to conventional drill and blast, bulk sampling providing an excellent cost comparison model. The drilling will enhance our understanding of gold mineralization at Moosehead by targeting new mineralized zones and addressing gaps in the current model."

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 Corp.

Sokoman Minerals Corp., based in Newfoundland and Labrador, Canada, focuses primarily on its gold projects, including the wholly-owned Moosehead, Crippleback Lake, and the extensive Fleur de Lys project near Baie Verte. This latter project aims to discover Dalradian-type orogenic gold mineralization like the Curraghinalt and Cavanacaw deposits in Northern Ireland. The company has also partnered with Benton Resources Inc. on three large-scale joint ventures: Grey River, Killick Lithium formerly Golden Hope, and Kepenkeck, positioning Sokoman as one of the largest landholders in Canada's emerging gold districts.

In October 2023, Sokoman and Benton entered into an agreement with Piedmont Lithium Inc. to advance the Killick Lithium Project. Under this deal, Piedmont can acquire up to 62.5% of the project by investing up to $12 million in exploration and issuing $10 million in shares over three phases. The project, previously known as Golden Hope, is now part of Killick Lithium Inc., a subsidiary of Vinland Lithium Inc., in which Piedmont has acquired a 19.9% stake for $2 million. Sokoman and Benton maintain operational control during the earn-in phases and retain a 2% NSR royalty on future production. Additionally, Piedmont holds exclusive marketing and first-refusal rights on the lithium concentrates for the life of the mine.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Advised That Killick Lithium Project Announces Academic Research Partnership with Research Grants Awarded Totaling $1.32 Million over 3 Years

ST. JOHN'S, NL, June 19, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that the Killick Lithium Property, jointly owned by the Company, Benton Resources Inc. ("Benton"), and Piedmont Lithium Inc. ("Piedmont") through Vinland Lithium Inc., will be collaborating in a total of $1.322 million in NSERC (Natural Sciences and Engineering Research Council of Canada) grants to conduct research studies on the Killick Lithium Property in southern Newfoundland. The three-year project entitled: "The origin of lithium resources in Southern Newfoundland", began April 1, 2024. The work is led by researchers from St. Francis Xavier University in Nova Scotia and Memorial University of Newfoundland. Additional contributions from partner organizations will include staff and resources from Sokoman, Benton and Piedmont, as well as geoscientists from the Geological Survey (Government of Newfoundland and Labrador). The grant was awarded by the NSERC Alliance Missions Grants special call for projects related to Critical Minerals Research. To increase the supply of responsibly sourced critical minerals and support the development of domestic and global value chains for the green and digital economy, Canada's Critical Minerals Strategy was released in December 2022 with the intent of continuing to provide foundational support to Canada's mining sector to take advantage of existing and emerging opportunities. Among the 31 minerals that Canada considers critical, Canada's Critical Minerals Strategy identified six minerals (including lithium) which were initially prioritized for their distinct potential to spur Canadian economic growth and their necessity as inputs for priority supply chains.

More information about the program can be found here: https://www.nserc-crsng.gc.ca/Innovate-Innover/AllianceMissions-MissionsAlliance/CFP-ADP/CMR-RSLMC/Index_eng.asp

A key benefit of this research will be the opportunity for research students to receive academic training and apply their knowledge to an active exploration project. The students will be trained in field methods, data collection techniques, and scientific communication, which are highly sought-after skills required for qualified geoscientists to undertake mineral exploration and geoscience research on critical mineral systems in Canada.

Timothy Froude, P. Geo., President and CEO of Sokoman Minerals states; "We are thrilled this academic collaboration was awarded this substantial amount of funding directed towards the understanding of the lithium and associated critical mineral systems we discovered on the Killick Lithium Project. It's the type of work that rarely gets performed on mineral discoveries, as most of the funds raised and spent in the normal course of the vast majority of exploration projects are focused on delivering assays and drill results to the market. The in-depth research that the teams led by Dr. Donnelly Archibald at St. Francis Xavier University and Drs Eric Thiessen and David Lowe at Memorial University, in harmony with the partner organizations, will certainly aid in our search for additional lithium and associated critical minerals at Killick as well as regionally."

Stephen Stares, President and CEO of Benton states; "We are elated that such a highly skilled team of professionals will assist in advancing the understanding of our discovery through the critical mineral initiatives set forth by our various institutions. We look forward to the findings in our collective participation."

The main research objective is to better understand the geological controls on the formation of lithium-rich rocks in southern Newfoundland to better inform exploration targeting practices and promote lithium discovery. Addressing this primary objective involves a multidisciplinary investigation into (i) the processes controlling the transport of lithium from its source to host rocks, (ii) the magmatic emplacement processes that resulted in the formation of the lithium-rich rocks, (iii) the lithium source(s), (iv) structure and deformation that controls the present expression of lithium-rich rocks, and (v) the character and extent of associated metamorphic aureoles. The combination of fieldwork, mineralogy, geochronology, geochemistry, structural geology, regional geology, tectonics, sedimentology, and economic geology will yield a holistic model for the evolution of lithium pegmatite systems. Taken together, the new data and interpretations, coupled with the spatiotemporal relationship of regional geological context, will help us to understand the petrogenesis of lithium pegmatites in southern Newfoundland.

QP

Stephen House (P.Geo.), Vice President of Exploration for Benton Resources Inc., the 'Qualified Person' under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

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; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Updates Moosehead Gold Project, Central Newfoundland

Metallic pulp assays from winter 2024 drilling program, MOU with Novamera Inc.

St. John’s, NL, May 23, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report metallic pulp gold assay results from winter drilling at the 552 Zone, as well as assays from a section of the Footwall Splay. These drill holes were targeted as a possible bulk sample location, linked to the recently signed Memorandum of Understanding (MOU) with Novamera Inc. ("Novamera"). The MOU is focused on modeling the near-surface portion of the Footwall Splay Zone for a possible bulk sample using Novamera's proprietary drilling and bulk sampling technology.

Footwall Splay

Drilling confirmed strong, near-surface gold values, including 10.25 m at 84.69 g/t Au from 53.90 m downhole in MH-23-166A, in the down-plunge portion of the Zone.

Highlight Drill Results - Moosehead Project - Footwall Splay / 552 Zone

*Core length - true widths are estimated to be approximately 90% of the core length

552 Zone

Ten drill holes gave mixed results although most intersected the 552 structure. The highest grades were in quartz veining - MH-24-588 - 2.20 m / 6.07 g/t Au at 57.75 m downhole and 2.75 m at 5.94 g/t Au at 100.85 m downhole, with the second intersection the first visible gold (VG) found in deformed mafic volcanics on the property (see the section for the location of the new vein in proximity to the previously modeled 552 vein). The intersection in the volcanics highlights additional prospective areas in the easternmost, underexplored, portion of the Moosehead property. The 552 zone carries VG-bearing quartz veins on both the east and west margins. Drilling will continue after the spring break up in approximately three to four weeks.

Novamera Inc.

Novamera's guidance tool provides a high-resolution 3-D model of the quartz veins by detecting veins up to 4 m off hole in all directions. As part of the initial setup process, Novamera requested the drilling of two holes (MH-23-166A and B) from an area of the Footwall Splay, which was surveyed by Novamera to calibrate their guidance tool. The holes were drilled proximal to MH-23-166, selected as the test area based on a high-grade intersection at the bedrock surface - 5.10 m of 15.51 g/t Au at 9 m downhole. Novamera used the two new holes and the original hole for calibration. A mineralization model, being developed, will include surveying of additional holes later this spring.

The bulk sample method being considered is a "surgical" mining method in which a large (1-2 m) diameter drill bit is used to recover the high-grade, VG-bearing quartz veins, greatly reducing the environmental impact and decreasing the time required for permitting.

The permitting process will begin when the 3D modeling and extraction plan is completed in the coming months. The holes were assayed for grade control at Eastern Analytical in Springdale, Newfoundland and Labrador.

Timothy Froude, P. Geo., President and CEO of Sokoman Minerals, states, "We are pleased to announce the MOU with Novamera as part of our efforts to advance the Moosehead gold project. The results of the initial work have confirmed the area for a bulk sample by demonstrating strong gold grades in the Footwall Splay. The MOU is not a commitment for a bulk sample; rather, it is a process to determine if a bulk sample can be taken efficiently and cost-effectively. There is no obligation on Sokoman's part to complete all the stages as defined in its MOU with Novamera."

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 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; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program over the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Commences 2024 Exploration Program at the Fleur de Lys Gold Project, Northwestern Newfoundland

St. John’s, NL, May 16, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that the 2024 exploration program at the 100%-owned Fleur de Lys gold project has commenced. An earlier-than-normal snow melt over the northern and central Baie Verte Peninsula has allowed prospecting to begin a full month earlier than usual. The program will begin on areas of active logging around the Golden Bull Prospect, discovered in 2023, and as the weather improves extend to other target areas.

The Golden Bull Prospect consists of 35 rock grab samples of variably banded, stylolitic, quartz blocks, some weighing several tonnes (Photo 1) (see news release dated October 4, 2023). Seventeen samples with moderate to strong stylolitic banding (Photo 2), gave Au values >500 ppb (0.50 g/t Au) to a high of 9,020 ppb (9.02 g/t Au). The Prospect lies in a larger area (Map 1) of anomalous till and soil geochemistry defined by Sokoman in 2023, where geochemical and geophysical (VLF-EM) anomalies are shown in historical work by Noranda Inc. in the late 1980s.

A crew has been mobilized to prospect the newly logged areas to define drill targets planned for the third quarter of 2024. The initial drilling will be a 2,000 m program of holes from 50 m to 150 m testing surface geochemical and geophysical anomalies mainly in the Golden Bull area.

Timothy Froude, P.Geo., President, and CEO of Sokoman states; “We are pleased to announce the start of the 2024 field program at the Fleur de Lys gold project, on the Baie Verte Peninsula of Newfoundland. The early start will help us get the data we need to focus as quickly as we can on the Phase 1 drill targets at Golden Bull. Most of the initial drilling will be in a 2 km by 1.5 km area defined as the Golden Bull Prospect. In the meantime, we still have many unexplained till geochemical anomalies elsewhere on the property that we will be working on as part of the 2024 program to define Phase 2 drill targets for later this year or early 2025.” 

Photo 1: One of many large stylolitic quartz boulders at Golden Bull (9.02 g/t Au)

            Photo 2: Typical stylolitic banded quartz at Golden Bull – Fleur de Lys Project

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 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; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program over the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Update on Moosehead Gold Project, Central Newfoundland

Structural Consultant Dr. David Coller On-site

ST.JOHN'S, NL, April 16, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that structural consultant Dr. David Coller is on-site at the Moosehead gold property to update the structural model and to help plan for deeper drilling later this year. The Phase 6 program is winding down for spring breakup with assay results for 12 holes remaining outstanding and expected in two to three weeks. Drilling will resume once all assays have been received, compiled, and included in Dr. Coller's updated structural model.

Timothy Froude, P. Geo., President and CEO states; "We are very pleased to have Dr. Coller back and look forward to receiving his recommendations for continued drilling at Moosehead. Dr. Coller has been involved with the project since our first year and has been instrumental in guiding us to several significant high-grade discoveries. Currently, Dr. Coller and Sokoman's geological team are evaluating drill sections from the recently discovered 552 Zone to characterize the mineralization, to determine the significance of the zone and what it means for future exploration. We are also happy to have Dr. Hamish Sandeman of the Geological Survey of Newfoundland with us, to update us on the government's advanced research (with the Geological Survey of Canada) aimed at understanding the genesis of gold mineralization in Central Newfoundland and, potentially, helping to locate new gold zones. Dr. Sandeman has worked in the central Newfoundland region for many years and is considered one of the province's top geoscientists especially with regards to gold mineral deposits in Newfoundland."

Recent drill results at the 552 Zone include MH-23-574 - 2.10 m of 5.00 g/t Au, and MH-24-580 - 2.05 m of 8.31 g/t Au incl. 0.50 m of 27.79 g/t Au. Both holes had multiple specks of visible gold, a characteristic of all the high-grade zones on the property. The 552 drilling has defined a two- to five-metre-wide zone of vuggy (epizonal) quartz veining/quartz breccia, in variably sheared, to undeformed, sedimentary units located approximately 400 m to the east of the Eastern Trend mineralization in the central portion of the property. The 552 Zone has been drilled over a 150 m strike length and to 125 m vertical depth and remains open along strike and to depth.

Sokoman is completing drilling at both the 552 Zone and several short holes (30 m - 50 m depth) up dip of the Footwall Splay Zone, which has been identified as a possible bulk sample target area.

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are 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 visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh; and 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; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program over the past few years.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Signs LOI with Campden Hill Holdings Pty Ltd on the Iron Horse Property, Labrador

ST.JOHN'S, NL, April 4, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to report that pending TSX Venture approval it has agreed, pursuant to a Letter of Intent (LOI) with Australian-based, private company Campden Hill Holdings Pty Ltd (Campden Hill), to provide Campden Hill with an option to purchase the Iron Horse property (the “Property”) from Sokoman Minerals Corp. Campden Hill is controlled by an investment group with experience in mineral exploration and investment in multiple jurisdictions globally, including more than a decade in investing across various commodities in Canada. 

The Property is in the eastern portion of the Labrador Trough, Canada’s most prolific iron ore producing region. The Property is host to significant iron deposits and has critical mineral showings of uranium and rare earth elements (REEs).

The Property was staked in 2011 as a joint venture between Golden Dory Resources (now Sokoman Minerals Corp.) and Metals Creek Resources (“Metals Creek”) to evaluate the uranium potential of the area. Initial prospecting identified iron ore potential, and in 2012, Sokoman acquired 100% ownership (subject to net smelter return royalties) from Metals Creek. Diamond drilling (eight holes) testing the iron ore potential intersected significant thicknesses of iron mineralization as taconite, including a 354 m intercept grading ~28% Fe. Direct Shipping Ore (DSO) potential was also noted, with assays of 53% Fe from parts of the Property. Following the extended decline in iron ore prices over the past decade, the iron ore exploration was ended and the Property was placed on care and maintenance as a non-core asset.

Timothy Froude, P. Geo., President and CEO of Sokoman, states: “We are happy to have found a quality partner for the Iron Horse project. We look forward to working with Campden Hill, including offering logistical and technical support, to evaluate and advance the Property. This transaction allows Sokoman to remain focused on its flagship gold projects at Moosehead and Fleur de Lys and continue its strategy of finding quality partners to share the risk and reward on its other holdings. This strategy follows the recent deal for the former Golden Hope Project (now Killick Lithium) and four other property deals with various partners across Newfoundland.” 

James Thompson, Director of Campden Hill, states: “We are pleased to be able to work with the Sokoman team as we look to further explore and develop the Iron Horse project in conjunction with our neighbouring land package in Labrador.”

The letter agreement (the “Agreement”) describes the terms upon which Sokoman Minerals Corp. (the “Optionor” or “Sokoman”) has agreed to provide Campden Hill Holdings Pty Limited (the “Optionee”), or its permitted transferee, with an option to acquire 100% of the Iron Horse Property in Labrador, Canada, 23 claims held by Sokoman, more particularly described as follows:

1. Summary of Terms of Option;  

Subject to the satisfaction of the terms and conditions of this Agreement, the Optionor agrees to provide the Optionee with the option to purchase, all right, title and interest in, the Property (the “Option”), subject to underlying NSR obligations. During the term of this Agreement, all expenditures and reports required to maintain the Property in good standing will be the responsibility of the Optionee.

The aggregate price to exercise the Option is three hundred thousand Canadian dollars (CAD$300,000) with potential for a future bonus payment of up to CAD$500,000 which will be payable by the Optionee to the Optionor in accordance with Section 1 as follows:

a) CAD$20,000 (Deposit) within 5 days of the date of execution of this Agreement for an exclusive three-month Due Diligence Period;

b) CAD$100,000 (the “Initial Option Exercise Payment”) in cash or shares (at election of Optionee) during the three-month period following the date of execution of this Agreement together with delivery of the Option Notice;

c) CAD$180,000 (“Year 1 Payment”) comprising CAD$30,000 in cash and CAD$150,000 in cash or shares (at election of the Optionee) on the date that is no later than twelve months following the payment of the Initial Option Exercise Payment;

d) CAD$500,000 (“Bonus Payment”) in cash or shares (at election of the Optionee) on the date that a bankable feasibility study is completed.

 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 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; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman is one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

Projects optioned with optionee fully vested:

• East Alder Project optioned to Canterra Minerals Inc (SIC retains 850,000 shares of CTM plus 1% NSR)

• Startrek Project optioned to Thunder Gold (SIC retains 1,750,000 shares of TGOL plus 1% NSR)

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

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251 
E: cathy@chfir.com  

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

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.

Sokoman Minerals Expands 552 Zone at Moosehead Gold Project, Central Newfoundland

First significant gold occurrence in volcanic rocks

ST.JOHN'S, NL, March 28, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) is pleased to report total pulp metallics assay results from the first three holes completed as part of the current drilling program at the 552 Zone. A total of 1825 m has been completed in the current program to date (12 holes) and visible gold has been intersected in five of the holes. Approximately 300 m of drilling remains in the current program including 150 m proposed in three holes in the upper portion of the Footwall Splay where gaps exist in the current geological model linking the zone to surface. The Footwall Splay has returned some of the highest grades on the Moosehead property including MH-20-115 (4.60 m grading 47.20 g/t Au from 64.0 m downhole), and MH-21-163 (5.10 m grading 30.83 g/t Au from 45.0 m downhole).
 
The three holes being reported today (MH-24-578 to 580), all drilled on the same section (same setup) encountered the 552 structure with the deepest hole, MH-24-580, cutting a 2.05 m zone at 53.70 m downhole that included two 0.30 to 0.50 m intervals with up to 30 specks of fine (sub-millimetre) visible gold. The intersection is highlighted by a 1.65 m interval averaging 10.21 g/t Au, including a 0.50 m section grading 27.78 g/t Au.
 
Drilling Highlights from 552 Zone
Note: reported thicknesses are believed to be 90% of true thickness

• MH-24-578     0.68 g/t Au over 0.85 m from 40.60 m downhole

• MH-24-579     3.07 g/t Au over 1.25 m from 40.85 m downhole

• MH-24-580     8.31 g/t Au over 2.05 m including; 10.21 g/t Au over 1.65 m,
   including 27.79 g/t Au over 0.50 m from 53.70 m downhole

 
The three-hole section lies 30 m west of the previously reported MH-23-574 (see February 14, 2024 news release) that cut 2.10 m of 5.0 g/t Au with 12 specks of sub-millimetre visible gold noted. The current diamond drilling program (minimum 2000 m of HQ-size drill core) will focus on testing at least 150 m of strike and 125 m of depth (vertically) of the 552 Zone. Drilling to date at 552 has defined a continuous, roughly east-west trending, two- to five-metre-wide zone of locally vuggy (epizonal), quartz veining/quartz breccia, locally with 2%-3% disseminated sphalerite, boulangerite and chalcopyrite, in variably sheared to locally undeformed sedimentary units approximately 400 m east of the main Eastern Trend mineralization and 100 m southeast of the 253 Zone. 
 
Timothy Froude, P. Geo., President and CEO states; “This is the first significant occurrence of gold in volcanic rocks we have seen on the property and will be targeted aggressively. We are pleased to see grades continuing to improve within the 552 Zone and that the Zone remains open in all directions. Of note is that at the expected depth of 58.0 m, MH-24-588 intersected a 1.3 m vein with 3 flecks of visible gold. It occurs at the contact between deformed mafic volcanics and sandstone. Previous intersections in the 552 Zone occur proximal to mafic dykes but not at the mafic volcanic contact. Its orientation is similar to that of the other 552 Zone intersections and its mineralogy of darker-brown sphalerite and elevated arsenopyrite also supports this conclusion. Given this development, MH-24-588 was deepened through the deformed mafic volcanics and intersected a 0.90 m vein at 102.20 m with up to 14 flecks of visible gold with sphalerite and arsenopyrite. The initial orientation data and mineralogy support it being related to the 552 Zone.”

552 Zone intersection in MH-24-580 featuring brecciated upper contact in the top row (8.16 g/t Au over 0.30 m) and laminated high-grade section (27.78 g/t Au over 0.50 m) in the lower row.

Drill Plan Map

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

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 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; and 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; the 100% flagship, advanced-stage Moosehead, as well as Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman now controls, independently and through the Benton alliance, more than 150,000 hectares (>6,000 claims – 1,500 sq. km), making it one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly 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.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program. 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251 
E: cathy@chfir.com  

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

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.

Sokoman Minerals Reports Visible Gold in Two of the First Three Holes From 552 Zone Winter Program at the Moosehead Gold Project, Central Newfoundland

ST.JOHN'S, NL, February 29, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) is pleased to report that two of the first three holes of the winter drill program at the 552 Zone have intersected quartz veins with visible gold. All three holes (MH-24-578 to 580), drilled on the same section from the same setup, encountered the 552 structure, with the deepest hole, MH-24-580 cutting a 2.0 m zone that included two 0.30 m to 0.50 m intervals, with up to 30 specks of fine (sub-millimetre) visible gold. All assays are pending.

Timothy Froude, P.Geo., President and CEO states; "We are pleased with the progress on the winter program at the 552 Zone. We will continue the drilling as long as weather and ground conditions allow until spring breakup. The 552 Zone area has seen limited drilling along strike and to depth and it remains open. The relationship between the 552 Zone and 253 Zone, which is located 100 m to the north, is unknown and it will also be tested in the current program which is anticipated to take six to eight weeks to complete."

The three-hole section lies 30 m to the west of MH-23-574 (see news release dated February 14, 2024) that cut 2.10 m of 5.0 g/t Au with 12 specks of sub-millimetre visible gold noted. The winter diamond drilling program is planned for 2,000 m to 2,500 m of HQ drill core focusing on a 150-m strike-length to a depth of 125 m (vertically) of the 552 Zone. Drilling has defined a continuous, roughly northwest trending, two- to five-metre-wide zone of locally vuggy (epizonal), quartz veining/quartz breccia, with 2%-3% disseminated arsenopyrite, sphalerite, boulangerite and chalcopyrite, in variably sheared to undeformed sedimentary units located approximately 400 m to the east of the main Eastern Trend mineralization, and 100 m southeast of the 253 Zone.

It is thought that the 253 Zone which was drilled assuming an east-west orientation, could be a more northerly, subparallel to parallel zone to 552. Additional drilling to the north undercutting the 552 Zone will test this possibility, as well as extend the 552 Zone to depth.

Drilling is also planned to test the upper portion of the Footwall Splay where gaps exist in the geological model linking the zone to surface. The Footwall Splay has returned some of the highest grades on the property including MH-20-115 (4.60 m grading 47.20 g/t Au from 64.0 m downhole), and MH-21-163 (5.10 m grading 30.83 g/t Au from 45.0 m downhole).

552 Zone intersection in MH-24-580 - note: brecciated upper contact in top row and laminated high-grade section in lower row

Plan Map

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
Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. All core samples are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Samples with visible gold are submitted for total pulp metallics and gravimetric finish. All other samples are analyzed by standard fire-assay methods. Total pulp metallic analysis includes the whole sample being crushed to -10 mesh; and 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; the 100% flagship, advanced-stage Moosehead, as well as Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. Sokoman now controls, independently and through the Benton alliance, more than 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, in Canada's newest and rapidly emerging gold districts.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly 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.
The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program.

For more information, please contact:
Timothy Froude, P.Geo., President & CEO 
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Resumes Diamond Drilling at the Moosehead Gold Project, Central Newfoundland

Emphasis on Emerging 552 Zone

ST. JOHN'S, NL, February 14, 2024, Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to report that the winter diamond-drilling program has begun, with a focus on extending the recently discovered 552 Zone, 400 m to the east of the main Eastern Trend. The 2,500-metre program will test a 150-metre strike length of the zone to a depth of approximately 125 metres, and will take six to eight weeks to complete. Drilling to date on the 552 Zone has defined a two- to five-metre wide zone of quartz veining and quartz breccia carrying fine free gold, sphalerite, and boulangerite. The best grade was intersected in hole MH-23-574, which returned 5.00 g/t gold over a 2.10 metre core length.

Timothy Froude, P.Geo., President and CEO states: "We are eager to get started on extending the new 552 Zone to depth and along strike. The 552 Zone is extremely important since it represents a new gold-bearing structure on the property. We are confident that the 552 Zone has the potential to host sections of significantly higher grades. Three of the five most recent drill holes carried visible gold within 50 m of the surface. It is very encouraging to see so many similarities with our other high-grade zones."

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

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are 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 visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample is crushed to -10 mesh; and 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; the 100% flagship, advanced-stage Moosehead, as well as Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company 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. 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.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the Project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly 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.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Corp. Provides a Corporate Update and Confirms Closing of Flow-through and Hard-Dollar Private Placements

St. John’s, NL, January 29, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) announces that it received final regulatory approval and has closed both its flow-through and non-flow-through private placement financings (together the "Financings") issuing 53,892,847 flow-through units and 3,200,000 non-flow-through units at CAD$0.065 each for aggregate gross proceeds of CAD$3,711,035.

Details of the Financings set out in the Company's December 19, 2023 news release remain unchanged.

All securities issued pursuant to the Financings are subject to a four-month and one-day hold period.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the flow-through units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on or before December 31, 2024, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the flow-through units effective December 31, 2023.

Tim Froude, President and CEO of Sokoman Minerals explained that: "The Company intends to undertake a proposed 2,500 m winter drilling program on the flagship Moosehead Gold project, which will commence in about three weeks and will focus on the recently discovered 552 Zone where improved grades and some visible gold has been seen in recent drilling. Drilling is planned to test the down-plunge extent of the 552 Zone and should also intersect any parallel structures, including extensions to the 253 Zone where previous drilling returned 1.56 g/t Au over 1.60 m. Moosehead will require about 75% of the exploration funds raised. Additional drilling will follow based on the results of the winter program. The remaining 25% of the funding will be used for additional prospecting, sampling, and drilling on the 100%-owned Fleur de Lys Gold project where a very angular, visible gold-bearing float was recently discovered at the Golden Bull prospect. A recent site visit to the property confirmed that logging activities performed by a local timber harvester are creating more and better access and a safer and improved work environment across the property, possibly exposing new gold occurrences."

Sponsorship Agreement

RocksAndStocksNews ("R&S") is a private entity owned and operated by Allan Barry Laboucan. He is based in Mexico, operating an online portal for precious metals and mining stocks. R&S distributes Sokoman's news releases along with comments and/or opinions on its YouTube channel. The sponsorship agreement extends for 12 months for a total of CAD$30,000 that expires on October 31, 2024. Mr. Laboucan did not receive shares or options as compensation. At the time of the agreement, R&S and the Company were unrelated and unaffiliated entities. No buying or selling recommendations are made, no price projections on Sokoman are given nor any financial advice. Mr. Laboucan does not own shares of Sokoman Minerals Corp.

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; the 100% flagship, advanced-stage Moosehead, as well as the Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company also 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. Sokoman now controls, independently and through the Benton alliance, more than 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.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the Project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

The Company also retains (i) a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp. (TSXV: TGOL) (formerly White Metal Resources Inc.), (ii) a 1% NSR with buyback of 0.5% for $1,000,000 to Sokoman, optioned to Canterra Minerals Corp. (TSXV: CTM). Sokoman 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 more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Updates the Moosehead Gold Project, Central Newfoundland 552 Zone to be Focus in 2024

St. John’s, NL, January 23, 2024 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide an update on the ongoing exploration at its flagship Moosehead Gold Project. The highlight is the drilling results at the recently discovered 552 Zone, located 400 m to the east of the Eastern Trend, in the central portion of the property. Since receiving the stream crossing permit on November 28, an additional six holes (890 m) have been completed with five intersecting the zone and the sixth collaring in an extensive fault zone (believed to be the Cape Ray - Valentine Lake shear zone), which was terminated after cutting 75 m of intensely deformed volcanic and intrusive units.

The 552 drilling has defined a continuous, two- to five-metre-wide zone of quartz veining/quartz breccia, in variably deformed sedimentary units. Three holes intersected white quartz veins with specks of visible gold (MH-23-572, 574, and 575). The quartz veining is locally vuggy (epizonal type), located in a west-northwest trending, 50- to 70-degree northeast dipping structure. The veins carry trace to 5% sulphide minerals including boulangerite, sphalerite, chalcopyrite, pyrite, and arsenopyrite, the mineral assemblage common to most gold zones on the property. Drill hole MH-23-557, the fourth hole of the initial four holes on the 552 Zone (MH-23-552, 553, 556, 557 - see news release dated November 2, 2023), intersected the zone giving 1.04 g/t Au over 3.65 m (see table below).

Other completed holes on the property include:

• Three reconnaissance holes (MH-23-564, 566, 567) were drilled in the southern portion of the property, testing magnetic features believed to represent favourable structures. None of the holes intersected significant mineralization.

• Three reconnaissance holes (MH-23-558, 559, 563) were drilled testing Alpha IP targets located to the east of North Pond. All holes intersected unmineralized structures.

• Three holes (MH-23-565, 568, 569) were drilled adjacent to hole MH-96-05, drilled by Royal Oak Mines in 1996, which returned 259 g/t Au from a 10 cm quartz vein. MH-23-565 and 569 did not intersect significant mineralization, while MH-23-568 intersected a shear structure with pyritic quartz. Results are pending for MH-23-568 and 569.

• Two holes (MH-23-570, 571) were drilled to test quartz veining in drill hole MH-19-103, where two specks of visible gold were reported in 2019. Weakly mineralized quartz veining with trace to 2% disseminated pyrite, sphalerite, and arsenopyrite was intersected.

• Two holes drilled to the northeast of North Pond testing a possible East-West structure defined by magnetics did not intersect significant mineralization.

Table 1 - Assay Results

*Core length - true widths are estimated to be approximately half the core length

MH-23-574 featuring 552 Zone veining - 5.00 g/t Au over 2.10 m (64.55-66.65 m)

Timothy Froude, P. Geo., President, and CEO states; "The 552 Zone is extremely significant as it represents an entirely new gold-bearing structure on the Moosehead property. We are already seeing signs of potentially high-grade mineralization with three of the five most recent holes carrying visible gold all within 50 m of surface. Of significance, is the presence of mineralized float located near the 552 Zone that returned 10.3 g/t Au and is believed to be derived from the 552 Zone. The 552 Zone is 400 m to the east of the main Eastern Trend, and it remains open. The closest mineralization is at the 253 Zone located 150 m north of 552, which is poorly understood and requires additional drilling, and which may represent a parallel zone. Drilling planned to test the down-plunge extent of the 552 Zone in 2024 should also intersect any parallel structures, including extensions to the 253 Zone where previous drilling returned 1.56 g/t Au over 1.60 m. We look forward to testing the 552 Zone in Q1 2024 as any structure with gold has the potential for high-grade gold values as we have seen in every zone on the property. Phase 6 drilling completed now sits at 101,519 m including 20,519 m in 70 holes in 2023. A proposed 2,500 m winter program will commence in about two to three weeks and will focus on the 552 Zone where we are starting to see improved grades and some visible gold."

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

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 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; and 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; the 100% flagship, advanced-stage Moosehead, as well as the Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte 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. 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.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the Project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly 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.
The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program.

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director 
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.

Sokoman Minerals Corp. Closes Financing

St. John’s, NL, December 19, 2023 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) today announces that, further to its November 29, 2023 and December 6, 2023 news releases, it has filed documents with the TSX Venture Exchange seeking final approval to close their private placement financing (the “Financing”).  The Financing consists of 53,892,847 $0.065 flow-through units (the “FT Units”) and 3,200,000 $0.065 non flow-through units (the “NFT Units”) for aggregate gross proceeds of $3,711,035. 

Each FT Unit consists of one flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada), and one-half of a common share purchase warrant (a “Warrant”), each full Warrant being exercisable for one additional common share of the Company, each of which will not qualify as a flow-through share, at an exercise price of $0.13 for 12 months from the date of issue. Each NFT Unit consists of 1 common share of the Company and 1 common share purchase warrant (the “NFT Warrants”), each NFT Warrant being exercisable for an additional common share of the Company at an exercise price of $0.13 for 24 months from the date of issuance.

Three (3) insiders have subscribed for $29,500 or 453,846 FT Units, that portion of the Private Placement a “related party transaction” as such term is defined under MI-61-101 – Protection of Minority Security Holders in Special Transactions.  The Company is relying on exemptions 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. 

All securities issued pursuant to the FT Financing and the NFT Financing (together the “Financings”) will be subject to a four-month and one-day hold period.

In connection with the Financings, the Company is paying finders’ fees in cash and broker warrants as permitted by the policies of the TSX Venture Exchange (the “Exchange”) as follows:

GloRes Securities Inc.: $54,795.30 and 841,620 broker warrants, exercisable at $0.10 for 12 months
Marquest Asset Management Inc.: $12,675 and 195,000 broker warrants, exercisable at $0.10 for 12 months
Castlewood Capital Corporation: $24,000.60 and 369,240 broker warrants, exercisable at $0.10 for 12 months
Stonegate Securities Ltd.: $24,000.60 and 369,240 broker warrants, exercisable at $0.10 for 12 months
Haywood Securities Inc.: $780 and 12,000 broker warrants, exercisable at $0.10 for 12 months
CIBC Private Wealth Management: $1,170 and 18,000 broker warrants, exercisable at $0.10 for 12 months
KJ Harrison Partners Inc.: $1,560 and 24,000 broker warrants, exercisable at $0.10 for 12 months
Accilent Capital Management: $4,500.60 and 69,240 broker warrants, exercisable at $0.10 for 12 months
RedPlug Inc.: $49,920 and 768,000 broker warrants, exercisable at $0.10 for 12 months
BMO Nesbitt Burns: $5,850

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) on or before December 31, 2024, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2023.

The Company intends to spend approximately 25% of the gross proceeds on the Fleur de Lys Gold project, and the remaining balance on its flagship Moosehead Gold project.

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; the 100% flagship, advanced-stage Moosehead, as well as the Crippleback Lake; and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project near Baie Verte 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. 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.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. The agreement provides for Piedmont to earn up to 62.5% of the Killick Lithium Project (formerly Golden Hope project) by funding up to $12 million in exploration expenses and issuing $10 million common shares in three stages. The Killick Lithium Project has been transferred to Killick Lithium Inc. (Killick), a 100%-owned subsidiary of Vinland Lithium Inc. (Vinland). Newly created Vinland has received $2 million in financing from Piedmont for a 19.9% interest, with the balance of ownership between Sokoman and Benton. Sokoman and Benton will continue to operate the exploration efforts at Killick through the earn-in stages. Sokoman and Benton will retain a royalty of 2% NSR on future production. Piedmont will have exclusive marketing rights for the promotion and sale of any lithium products produced from the Project on a life-of-mine basis, and the right of first refusal on 100% offtake rights to the lithium concentrates.  

The Company also retains a 1% NSR interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to Thunder Gold Corp (formerly 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.

The Company would like to thank the Government of Newfoundland and Labrador for past financial support of the Moosehead and Fleur de Lys gold projects through the Junior Exploration Assistance Program. 

For more information, please contact:

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

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

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

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.