Sokoman Minerals makes maiden lithium pegmatite discovery in Newfoundland

TSXV-listed Sokoman Minerals Corp and its 50:50 joint venture (JV) partner Benton Resources have unearthed a swarm of lithium-bearing pegmatite dykes, which are believed to be the first discovery of significant lithium mineralisation on the island of Newfoundland in Canada.

Sokoman’s president and CEO Timothy Froude, consultant Sean O’Briena, Benton’s president and CEO Stephen Stares and director Michael Stares identified the pegmatites on a recent field visit to the Golden Hope JV Project in Southwestern Newfoundland.

The group of explorationists collected three grab samples over a 110 metres width across the dykes, with two of the samples returning 1.95% Li2O and 0.49% Li2O. The samples have been submitted to Actlabs in Ontario for analysis by Sodium Peroxide Fusion ICPOES + ICPMS.

“The discovery of what we believe to be the first lithium-rich pegmatites in Newfoundland could be very significant for shareholders of both Sokoman and Benton,” said Froude.

“A crew will be dispatched to the discovery site later this week for detailed sampling and documentation of the dykes. This is a prime example of the enormous untapped resource potential that the Island has to offer,” he added

The JV alliance will continue to focus on the potential for gold discovery across the Golden Hope project, although Froude said the company will also pursue the opportunities associated with the discovery of lithium pegmatites on the property.

@RGNonline