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sokoman iron corp (SIC) Details

Sokoman Iron Corp., a junior mineral exploration company, acquires and explores of iron ore properties in North America. The company also explores for uranium, and gold deposits, as well as zinc, copper, silver, bismuth, and lead deposits. Its principal property includes the Iron Horse iron ore project that consists of 400 claims covering 10,000 hectares and is located to the northeast of Labrador City, Labrador, Canada. The company was formerly known as Golden Dory Resources Corp. and changed its name to Sokoman Iron Corp. in September 2013. Sokoman Iron Corp. is headquartered in Gander, Canada.

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sokoman iron corp (SIC) Key Developments

Sokoman Iron Corp. Announces Appointment of Evan Chen as a Director

Sokoman Iron Corp. announced the appointment of Evan Chen as a Director of the company, effective December 18, 2014. Evan (Dong) Chen is the Founder and President of Fredstone Materials Inc. Previously Mr. Chen was Managing Director of Dlrow (Tianjin) Co. Ltd. From 2006 until 2012 Mr. Chen was the exclusive representative agent of Recapture Metals Inc. (now a subsidiary of Molycorp).

Sokoman Seeks Financing Patrner For Iron Horse Project in Labrador

Sokoman Iron Corp. (TSXV:SIC) is looking for a financing partner to advance Iron Horse project in Labrador. Discussions are on with several interested groups.

Golden Dory Resources Corp. Announces an Updated NI 43-101 Resource Estimate for Brady Project in Central Newfoundland

Golden Dory Resources Corp. announced an updated NI 43-101 resource estimate for the 100% owned Brady Project in central Newfoundland, approximately 50 kilometers south of the town of Grand Falls - Windsor. The revised resource, prepared by Giroux Consultants, estimates that the Reid Zone contains an Inferred resource of 9,570,000 tonnes averaging 0.56 g/t gold for 173,000 ounces gold at a cutoff of 0.30 g/t gold. This represents a 60% increase in contained ounces from the original estimate completed in 2010. To date no economic assessment or scoping study of the Reid Zone has been performed, therefore a range of cutoff values have been provided. At present the company has no plans to conduct exploration at Brady and is open to potential offers of interest in this project. The Reid Zone is a potentially open pit mineable, intrusion hosted system that has been tested by only 21 holes over a strike length of 300 meters, a width of 200 meters, and to a depth of about 250 meters. The deposit is exposed, and is nearly flat lying with a gentle southerly dip and is open for expansion. The property has partial road access and is proximal to key infrastructure, power and labour. The resource estimate for the Reid Zone (Brady Property) was produced from a database consisting of a total of 3,232 assays taken from the 21 drill holes which intersected the deposit. Assays within the mineralized solid were capped at 4.2 grams per tonne gold and uniform down hole composites measuring 5 metres in length were created to honour the boundaries of the solid. A block model was created with blocks measuring 20 X 20 X 5 metres that were superimposed over the geologic solid. A specific gravity of 2.80 was applied to all blocks, which was measured by the weight in air /weight in water method. Gold grades were interpolated into the block model by ordinary kriging. The resource estimate can be classified as inferred mineral resources based on definitions from National Instrument 43-101and from CIM 2005.


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