Energy & Critical Metals
Sokoman Minerals Begins Drill Testing Newfoundland-Based Lithium Prospect
Sokoman Minerals (TSXV: SIC) and Benton Resources (TSXV: BEX) have begun drilling out a prospective lithium zone at their joint
The post Sokoman Minerals…
Sokoman Minerals (TSXV: SIC) and Benton Resources (TSXV: BEX) have begun drilling out a prospective lithium zone at their joint Golden Hope project in Newfoundland. The project is owned equally between the two firms, one of three joint ventures between the companies.
The first drill program is focused on the Kraken Lithium prospect, with a small drill program slated to initially test the prospect. The duo is currently expecting to drill between 1,000 and 2,000 metres in aggregate at the prospect, across a total of between four and six holes.
Drilling is slated to test an “extensive” system of spodumene-bearing dykes at the prospect. The dykes have been traced to a strike length of 2,000 metres, with the width of the strike up to 1,000 metres wide in some areas. Samples from the area have yielded results as high as 2.37% Li2O.
The first drill hole which is currently underway has reportedly intersected several spodumene-bearing dykes already, with the hole expected to be extended to a depth of between 350 and 400 metres.
Sokoman Minerals last traded at $0.38 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
The post Sokoman Minerals Begins Drill Testing Newfoundland-Based Lithium Prospect appeared first on the deep dive.
Author: Jay Lutz
Cogeneration critical to achieving REPowerEU goals
"Cogeneration can repower and reheat and compliment other clean energy solutions to ensure security of supply…" – Alexandra Tudoroiu-Lakavičė, head…
Bargain Barrel: The red wine that’s suddenly hot
The average price paid for a bottle of Australian grenache has more than doubled over the past two years. Smells … Read More
The post Bargain Barrel:…
These Companies Had The Most Patents Granted In 2021
These Companies Had The Most Patents Granted In 2021
Companies around the world invest billions in R&D to provide cutting-edge innovation…
Uranium Inventories Are Scarily Low – What that Means for Energy Security, Prices and New Projects
Bargain Barrel: The red wine that’s suddenly hot
These Companies Had The Most Patents Granted In 2021
Cogeneration critical to achieving REPowerEU goals
Rio Tinto, GMG Announce Partnership To Develop Graphene Aluminium-Ion Battery
Lithium industry needs to invest $42 billion by end of the decade to meet demand: BMI
After Calls For Conservation And Generator Failures, Texas’ Grid Survived The Weekend. It’s Still May
-
Energy & Critical Metals23 hours ago
Uranium Inventories Are Scarily Low – What that Means for Energy Security, Prices and New Projects
-
Lithium20 hours ago
Lithium industry needs to invest $42 billion by end of the decade to meet demand: BMI
-
Energy & Critical Metals23 hours agoTalon Metals Releases Record Length of High-Grade Nickel Mineralization at the Tamarack Nickel Project
-
Energy & Critical Metals23 hours agoNevada Sunrise Receives Final Lithium Analyses from Borehole GEM22-02 – Mineralized Intersection Improves to 1,101 ppm Lithium over 730 Feet at the Gemini Lithium Project, Nevada
-
Economics22 hours agoLost Decade On Menu As Yields Collide With 3% Hurdle
-
Financing News24 hours agoWhite Gold Corp. Announces Fully Funded $6 Million 2022 Exploration Program on its District Scale Land Package, Yukon, Canada
-
Financing News20 hours agoMAS Gold Announces New Terms for Private Placement Financing
-
Financing News16 hours ago
Labrador Uranium Closes Acquisition of the Mustang Lake Project
