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Pirate Gold Corp.

TSXV:YARRLive AI agent

Pirate Gold Corp.

Investor website: https://sokomanmineralscorp.com/

About

Pirate Gold Corp. is focused on gold exploration in Newfoundland, having secured over 90 kilometres along the Valentine Lake Fault Zone. The company is expanding its drilling operations and has made significant discoveries, including a new copper-gold system at Crippleback. The team has a proven track record in the region, responsible for the discovery of the two largest gold deposits on the island.

Verified company data

Cash position
$17M
Shares outstanding
507000000
Fully diluted shares
561000000
Projects
["Treasure Island Project\n92 kilometers of strike on the Valentine Lake Fault.\n\nOverview\nThe Treasure Island Project is Pirate Gold Corp.'s flagship asset and is strategically positioned at the heart of the Newfoundland Central Gold Belt. This district-scale land package covers 78,600 hectares and secures the longest strike length (92 km) along the highly prospective Valentine Lake Fault.\n\nThe majority of this expansive trend remains vastly underexplored, offering immense potential for new discoveries.\n\nHighlights\nBonanza-Grade Intersections\nTargeting \"bonanza-grade\" gold, the project has returned exceptional drill results, including 70.29 g/t Gold over 9.05m and 44.96 g/t Gold over 11.9m.\n\nTier-1 Geological Analogue\nThe mineralization exhibits structural and geological characteristics comparable to the world-renowned, high-grade Fosterville-type gold deposit in Australia.\n\nStrategic Land Position\nWe hold the largest mineral license package and the longest continuous strike length (92 km) along the Valentine Lake Fault, the same structure that hosts the multi-million-ounce Valentine Gold Mine.\n\nMoosehead Zone\nThe Moosehead Zone is the primary area of focus and the most advanced prospect on the property. Moosehead demonstrates that the Valentine Lake Fault Zone is not just structurally significant—it is fertile. Drilled only to shallow depths (~150m), the zone has consistently delivered \"bonanza-grade\" intercepts, confirming a robust mineralizing system that remains open in all directions.\n\nHigh-Grade Orogenic Gold: Over 135,000m of drilling since 2018 has successfully defined seven separate zones of mineralization along three parallel fault systems (Western, Eastern and 552)\n\nDrill Defined: Eastern Trend is drill defined over a 800m strike length and to vertical depths of 150m and all zones remain open for expansion\n\nEastern Trend High Grade Results: MH-18-01 intersected 44.96 g/tAu over 11.90m and MH-18-39 intersected 70.29 g/t Au over 9.05m\n\nWestern Trend High Grade Results: MH-24-649 intersected 69.48g/t Au over 4.85m and MH-24-648 intersected 40.89 g/t Au over 4.30m\n\nThe Upside: Since late 2025 two additional new zones have been added to Moosehead highlighting the potential for multiple shallow new discoveries\n\nThe Crippleback Zone\nOverview: Located centrally along the Valentine Lake Fault, the Crippleback Zone represents the Company’s most significant regional growth opportunity. While the Moosehead Zone provides high-grade, Crippleback offers the geological scale required for a potential bulk-tonnage discovery.\n\nGeological Context: The zone is an analogue of the structural and lithological setting of the Valentine Gold Mine (>4 Moz Au), located along strike to the southwest. Both the mine and the Crippleback Zone are characterized by:\n\nStructural evolution: Situated directly on the primary Valentine Lake Fault Zone.\n\nHost rock: The Crippleback and Valentine Lake Intrusive Suites share nearly identical geological ages (564-565 Ma) and represent the two largest exposures of pre-Cambrian basement along the Valentine Lake Fault.\n\nHistoric data: Historical electromagnetic (EM) surveys indicate fault structures cutting through the intrusion, a key signature of the district’s productive deposits.\n\nExploration Strategy: Despite its favorable location, the majority of the Crippleback trend remains unexplored. The Company is advancing the area through a systematic exploration program:\n\nGeophysics: New magnetic and electromagnetic surveys are being completed to refine structural targets across the intrusive body.\n\nDrilling: First-pass drilling was initiated in March 2026 to mobilize in February 2026 to test the defined targets.\n\nInvestment Thesis: Crippleback validates the district-scale potential of the Treasure Island Project. It offers shareholders exposure to large-tonnage exploration targets within the same mineralized corridor as Newfoundland’s largest developing gold mine."]
Leadership
Denis Laviolette (Executive Chairman, CEO & Director), Cathy Hume (VP Corporate Development, Director), Wanda Cutler (Director, Founder and President of Cutler McCarthy Inc. with over 25 years of expertise in investor relations, capital markets, corporate governance and strategic advisory in the resource sector.)

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