Pirate Gold Corp.

Pirate Gold Corp. is a Canadian-based exploration company focused on advancing one of Newfoundland's largest district-scale gold projects - the Treasure Island Project in central Newfoundland. With a dominant land position covering approximately 63,400 hectares along 65 kilometers of the prospective Valentine Lake Fault, Pirate Gold holds the largest mineral license package in the region. 

The company's flagship Moosehead Zone has been defined by over 130,000 meters of drilling, revealing high-grade orogenic gold mineralization with multiple intercepts exceeding 100 gram-meters. Formerly Sokoman Minerals Corp., the company rebranded in December 2025 to reflect its treasure-hunting exploration philosophy. Pirate Gold benefits from year-round access via the Trans-Canada Highway and proximity to established mining infrastructure. 

The company's vision is to discover and develop a multi-million ounce gold deposit through systematic exploration of its underexplored district-scale land package. Pirate Gold is listed on the TSX Venture Exchange (TSXV: YARR) and OTCQB (SICNF), backed by a proven management team responsible for Newfoundland's two largest gold discoveries.

Pirate Gold offers a compelling investment opportunity with its district-scale Treasure Island Project, representing the longest continuous land position along the Valentine Lake Fault. The project boasts multiple high-grade zones with intercepts such as 11.9 meters at 44.96 g/t Au and 9.05 meters at 70.29 g/t Au, demonstrating exceptional grade continuity over 2 kilometers of strike length. 

The Moosehead Zone remains open in all directions with seven distinct mineralized zones identified, providing substantial expansion potential. With a current market capitalization of approximately $83 million and Eric Sprott holding 17.8% ownership, Pirate Gold trades at a significant discount to peers considering its strategic land position adjacent to Equinox Gold's 4-million-ounce Valentine Gold Mine entering production in Q3/2025. The company's inherited geological database and established relationships with local communities provide a de-risked path to resource expansion. 

As global demand for high-quality gold assets intensifies, Pirate Gold's first-mover advantage in Canada's newest gold district positions it to deliver exceptional shareholder value through systematic exploration and potential discovery of a world-class deposit.

Pirate Gold Corp. is led by a seasoned management team with unparalleled expertise in Newfoundland gold exploration. Denis Laviolette, Executive Chairman and CEO, brings over 20 years of mining and capital markets experience, having founded New Found Gold Corp. and pioneered AI-driven mineral exploration through EarthLabs Inc. Tim Froude, P.Geo., President, contributes 35 years of exploration experience and is credited with discovering the Valentine Lake gold deposit, now Canada's newest gold mine. 

Greg Matheson, P.Geo., VP Exploration, formerly COO of New Found Gold, led the Queensway Project to its maiden two-million-ounce resource and was instrumental in the Garrison Gold discovery. Eric Myung, CFO, provides financial oversight with his Chartered Professional Accountant designation and Master of Accounting from the University of Waterloo. 

This executive team is complemented by a Board of Directors with deep mining finance and technical expertise, positioning Pirate Gold to execute its district-scale exploration strategy while maintaining strong stakeholder relationships in Newfoundland's mining community.

Pirate Gold is executing a comprehensive consolidation strategy focused on establishing district-scale dominance along the Valentine Lake Fault while emphasizing technical excellence and systematic exploration. The company is advancing its flagship Moosehead Zone through targeted drilling campaigns designed to expand known high-grade zones and test new structural targets across the 65-kilometer strike length. 

Environmental stewardship and community partnership are central to Pirate Gold's approach, with active engagement with local stakeholders ensuring responsible exploration practices. The technical team has more than doubled in recent months, bringing deep expertise in orogenic gold systems that is reshaping target generation and operational efficiency. A key advantage is the project's location on the Trans-Canada Highway with year-round access, significantly reducing exploration costs. 

While Moosehead represents the most advanced asset with 130,000 meters of drilling, most of the Treasure Island Project remains highly underexplored, offering exceptional discovery potential. The company remains open to strategic partnerships or joint ventures to accelerate exploration while managing dilution, positioning Pirate Gold to become Newfoundland's leading gold discovery company.

As of October 2025, Pirate Gold Corp. is strategically positioned with a tight capital structure and strong institutional support. The company has 340 million shares issued and outstanding, with 29 million warrants ranging from $0.06-$0.13 and 11 million stock options, resulting in 380 million shares fully diluted and a market capitalization of approximately $83 million. 

Eric Sprott holds 17.8% ownership, providing significant validation and stability. Recent acquisitions added 4,625 hectares through the Aurora Project and Blackmore license for total consideration of $60,000 cash and 900,000 shares plus NSR royalties, demonstrating capital-efficient expansion. The company granted 21.1 million options at $0.25 to align key personnel with shareholder interests. With minimal debt and a focused exploration budget, Pirate Gold maintains financial flexibility to advance its systematic drilling programs. 

The company's low enterprise value relative to its district-scale land position and high-grade drill results presents an attractive entry point for investors seeking leveraged exposure to a potential multi-million ounce discovery in Canada's premier emerging gold district.

Pirate Gold Corp. is positioned to become Newfoundland's premier gold discovery company, with its Treasure Island Project representing the most extensive land package along the prospective Valentine Lake Fault. With multiple high-grade zones defined by 130,000 meters of drilling, a proven management team responsible for the province's largest gold discoveries, and a district-scale consolidation strategy, Pirate Gold offers a unique investment opportunity in an emerging world-class gold district. 

The company's tight capital structure, institutional backing from Eric Sprott, and commitment to systematic exploration provide a solid foundation for value creation. As Pirate Gold advances its drilling programs across 65 kilometers of underexplored strike length, the company is well-positioned to deliver significant discoveries benefiting from favorable gold market conditions and growing recognition of Newfoundland's geological potential. 

For investors seeking exposure to a high-grade, district-scale exploration play with exceptional discovery upside and experienced leadership, Pirate Gold Corp. presents an attractive opportunity at a compelling valuation.