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Slam Exploration Ltd V.SXL

Alternate Symbol(s):  SLMXF

SLAM Exploration Ltd. is a Canadian junior resource company holding a portfolio of gold and base metal projects. The Company is engaged in the acquisition, exploration and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. The Company's projects include Mine Road Project, Menneval Gold Project, Ear Falls Lithium Project, Jake Lee Gold Project, Highway Gold Project, Keezhik Gold, Dam Lake Project, and others. The Mine Road Project is a significant addition to its portfolio of wholly owned BMC projects that include Goodwin, O'Hearn-Strachens, California Lake, Lower 44, LBM, North Rim, Portage, Satellite, Nine Mile, and Red Pine. The Highway project has demonstrated polymetallic potential with 10 known mineral occurrences that include zinc, silver, copper, cobalt, molybdenum and tin as well as gold. The Company holds NSR royalties on the Wedge copper zinc project, Ramsay, Reserve Creek, and Opikeigen gold projects.


TSXV:SXL - Post by User

Post by SuneeDazeon Oct 07, 2020 12:05pm
95 Views
Post# 31680224

Significant Discovery

Significant Discovery10 new separate veins discovered, with 3 of those veins producing bonanza style grades of 54 g/t gold to 363 g/t gold (11.6 oz/t)…again, all newly discovered in addition to the existing veins that were in Zone 9.

It’ll take some work to figure out exactly what they bit into here. That’s a whack of quartz veins over the limited area, and with visible gold present, so does exist the “nugget effect”. Grab a sample a small distance away from the low grades and it could easily be a double or triple digit (or higher assay). This is significant. A great accomplishment to the exploration team of this little company.

Have a good afternoon.

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