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Press Release - MINING COM

Press Release - MINING COM
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Sokoman Reports Additional High-Grade Gold Assay Results at Moosehead Project, Central Newfoundland: 4 0 m at 24 92 g/t Au, Including 1 60 m at 61 68 g/t Au from Footwall Splay Zone

Sokoman Reports Additional High-Grade Gold Assay Results at Moosehead Project, Central Newfoundland: 4 0 m at 24 92 g/t Au, Including 1 60 m at 61 68 g/t Au from Footwall Splay Zone
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Sokoman Minerals Corp : Sokoman Reports Additional High-Grade Gold Assay Results at Moosehead Project, Central Newfoundland: 4 0 m at 24 92 g/t Au, Including 1 60 m at 61 68 g/t Au from Footwall Splay Zone

(1) ST. JOHN S, NL / ACCESSWIRE / January 29, 2021 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) (the Company or Sokoman ) is pleased to announce that ongoing Phase 6 drilling at the 100%-owned Moosehead Property continues to intersect near-surface, high-grade gold mineralization at the recently recognized Footwall Splay that adjoins the Eastern Trend Main Zone. Diamond drill holes MH-20-132 and MH-20-127, drilled prior to the Christmas break, have both returned high-grade gold values. Metallic assay results (rush priority analysis) from MH-20-132 and MH-2-127 returned the following: 1) MH-20-132 - 4.0 m at 24.92 g/t Au, incl. 1.60 m at 61.68 g/t Au from 70.50 m downhole

Fosterville record boosts Kirkland Lake s production increase

Fosterville record boosts Kirkland Lake’s production increase Latest News Kirkland Lake Gold has continued growing its cornerstone assets in Australia and Canada, boosting its gold production by 41 per cent in the 2020 financial year. The Fosterville gold mine in Victoria was a solid contributor, producing 640,467 ounces of the 1.3-million-ounce total for the financial year, in line with the company’s guidance of 1.3-1.4 million ounces. This result was a production record at the Victorian mine, offsetting interrupted production at the company’s Canadian assets that was brought about by the COVID-19 pandemic. However, Kirkland Lake could not exceed Fosterville’s quarterly record set in the fourth quarter of the 2019 financial period, producing 164,008 ounces for the quarter, tailing behind the 191,894 December 2019 quarterly record.

Kirkland Lake Gold Reports Strong Fourth Quarter and Full-Year 2020 Production, Company Repurchases 20 Million Shares

Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “ Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production results for the fourth quarter (“Q4 2020”) and full-year (“FY 2020”) of 2020. Q4 2020 production totaled 369,434 ounces, a 32% increase from the fourth quarter of 2019 (“Q4 2019”) and 9% higher than the previous quarter. All three of the Company’s cornerstone assets achieved their highest quarterly production levels of the year in Q4 2020. For FY 2020, the Company produced 1,369,652 ounces, a 41% increase from 2019 (“FY 2019”) and in line with full-year 2020 guidance of 1,350,000 – 1,400,000 ounces. All dollar amounts are expressed in U.S. dollars, unless otherwise noted. Per share amounts are based on a total of 268,097,877 shares outstanding at December 31, 2020.

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