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D E C E M B E R / J A N U A R Y 2 0 1 9
MINING
associated with silica flooding textures,
including breccias and epithermal veining.
The Lizard Pond Project is located 40 km
south of the Moosehead Project.
Pivit Exploration Inc. [PIVT-CSE, P11-
Frankfurt] recently completed an initial
ground program at its newly acquired
Moosehead East property. The exploration
program focused on the Jumpers Brook
area where historical sampling returned
values of up to 2.3 g/t gold. The program
led to the discovery of quartz veins with
arsenopyrite present as well as zones of
alteration and silicification. A total of 19
samples were sent to Eastern Analytical
labs in Springdale, Newfoundland. Assays
are pending, the company said in a
September 25, 2018 press release.
The program was designed to con-
firm, expand and re-interpret the known
mineralization on Pivit's newly acquired
property in light of, and in relation to,
the recent discovery at the adjoining
Moosehead Gold Project, immediately to
the south west owned by Sokoman Iron.
On July 25, 2018, Tasca Resources Ltd.
[TAC-TSXV, 3TA-FSE] said it had acquired
the Beaverton claims contiguous to the
Moosehead Project. It said the property
is 2.5 km long by 1.5 km wide and tra-
verses the Trans-Canada Highway and Bay
d'Espoir Highway. Under an agreement,
Tasca pledged to buy a 100% stake in
the Beaverton claims by paying $7,500 in
cash and issuing two million shares to the
vendor.
On August, 15, 2018, District Copper
Corp. [DCOP-TSXV] said it has acquired
a 13,025-hectare land package known as
the Stony Lake East Gold Project. District
Copper said the land package was acquired
under an agreement with an arm's length
third party, and is contiguous, and on
strike with Sokomon's high-grade, low-
sulfidation, epithermal-style Moosehead
Gold Project.
Sunvest Minerals Corp. [SSS-TSCV;
SRKZF-OTC] issued a press release August
7, 2018 saying it has agreed to acquire the
Moosehead North Gold Project, which
consists of two claim blocks located on
trend with Sokoman's Moosehead Project.
