Sokoman Iron Provides Exploration Update

Sokoman Iron is pleased to announce that recent sampling of the company’s 2012 drill holes at Anomaly D has returned strongly anomalous uranium, vanadium and potentially significant rare earth element (REE) mineralization.
Historically, the Anomaly D area has been the focus of intermittent uranium (U) exploration based on the discovery of radioactive boulders in the late 1950’s. Boulders of graphitic argillite assaying up to 2000 ppm U were reported but the boulders were never sourced.

In 2011, prospectors working on behalf of Sokoman’s joint venture partner Metals Creek Resources, sampled several radioactive boulders that returned from 248 ppm U to 1780 ppm U along with > 5000 ppm V (vanadium), as well as elevated values in a number of REE’s including (maximum values); 861 ppm Nd (neodymium), 185 ppm Dy (dysprosium), 186 ppm Pr (praseodymium), as well as elevated values for most heavy and light Rare Earth’s (using Fusion MS analysis at Activation Laboratories Ltd).
Sokoman is certain that it has discovered a potential source of the historical boulders.

Timothy Froude, P. Geo., Interim CEO said:

“The results from Iron Horse are certainly interesting and potentially point to renewed interest in the project. Labrador has historically been a place where new discoveries are possible at any moment.”

Click here to read the full text release.