Slam Exploration Ltd V.SXL

Ed Steer Of Caseys comments on Slam

[grandich]

SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") hit gold with an intercept grading 64.1 g/t gold over 1.0 m (1.87 oz/ton over 3.3 ft) in Ontario. This new discovery occurs within a 7.2 metre core interval that averages 9.47 g/t gold (0.276 oz/ton over 23.6 ft) starting at a depth of 147 metres in diamond drill hole MM10-01 on its Miminiska property.
The hole also hit a near-surface zone grading 9.79 g/t gold over 3.8 m (0.286 oz/ton over 12.5 ft) and including 19.7 g/t gold over 1.5 m (0.575 oz/ton over 4.9 ft) at a depth of 17.4 m.
This is the second new gold discovery by SLAM in 2 weeks. On June 30 SLAM reported gold grading 22.0 g/t over 1.5 m (0.642 oz/ton gold over 5 ft) at Keezhik Lake. Both high grade gold discoveries occur below gold soil anomalies and are open in all directions. The Miminiska and Keezhik gold properties are owned 100% by SLAM and located in the Fort Hope gold area of Ontario.
The Fort Hope gold area is located east of the Pickle Lake gold camp where PC Gold Inc. (TSE:PKL) recently announced successful drilling results. The Fort Hope and Pickle Lake areas are underlain by Uchi Subprovince rocks similar to the world-famous Red Lake gold mining camp.
More gold assays are pending from the new discovery hole. Assays are also pending from 4 holes drilled on the Opikeigen Gold Joint Venture, owned 50/50 with Beatrix Ventures Inc. (BXV on CNSX), as well as from 3 holes drilled on SLAM's wholly owned Reserve Creek gold project. Visible gold was seen in all 3 holes at Reserve Creek.
Please visit our website to learn more about the company and request information, https://www.slamresources.com/contact-us/