Sokoman Minerals Corp. Expands Land Position at Crippleback Lake

Core Viewpoint - Sokoman Minerals Corp. has expanded its land position at Crippleback Lake in Central Newfoundland by signing two property purchase agreements, indicating a strategic move in the emerging copper-gold play in the region [1][4]. Group 1: Property Acquisitions - The company has agreed to purchase a 100% undivided interest in 105 mineral claims from United Gold Inc. for a one-time cash payment of $20,000 and 500,000 common shares [2]. - Sokoman has also entered into an agreement with David Evans to acquire a 100% interest in 74 mineral claims for a one-time cash payment of $2,500 and 100,000 common shares, subject to a 1% NSR Royalty [3]. Group 2: Strategic Importance - The combined acquisitions give Sokoman control over more than 13,000 hectares at Crippleback Lake, enhancing its position in a promising mining area [4]. - The company plans to initiate geophysical surveys, soil and rock sampling, and geological mapping in the coming days to further explore the potential of the newly acquired properties [4]. Group 3: Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing on gold projects including the flagship Moosehead and Fleur de Lys projects [5]. - The company has formed a strategic alliance with Benton Resources Inc. for large-scale joint-venture properties, indicating a collaborative approach to exploration and development [5].