The newly acquired Moosehead Northeast claims comprise approx. 600 hectares and is contiguous to the northeast end of the Sokoman Iron Corp. (TSX: SIC.V)'s Moosehead Gold Project in Newfoundland. Sokoman recently reported a drill intersection of 44.96 grams per tonne (g/t) gold over 11.9 metres (see Sokoman press release dated July 24th, 2018).
The Moosehead South zone comprises 122 hectares and is contiguous to the south end of the Sokoman Iron Corp. (TSX: SIC.V) Moosehead Gold Project in Newfoundland.
Mineralization in the Moosehead area appears to be associated with east-west-trending quartz veins associated with a north-dipping fault system.