SLAM Exploration (SXL) has announced assay results for the last 14 diamond drill holes have been completed on its Menneval gold project.
The Menneval Project is located in New Brunswick.
Core intervals range up to 56.5 g/t gold over 0.51 m. Anomalous gold was detected in all 20 holes drilled.
BG21-15 to BG21-19 tested the No. 22 vein system where it coincides with a 2,000 m long gold soil anomaly.
Holes BG21-20 to BG21-22 tested the No. 2 vein 500 m to the south. The last six holes BG21-23 to BG21-28 were drilled on the No. 18 vein 250 m to the west.
The drilling program comprised 20 holes for a total of 1222 m as reported.
The gold intercepts tabled above are from 10 holes spread over a 550 m strike length. This widespread gold mineralization is open in all directions and associated with a 2,000 m long gold soil anomaly.
SLAM is encouraged by these results and plans additional drilling and other work.
As for the Menneval Project, it drilled 20 holes to complete the 2021 exploration program on new gold veins discovered in 2020-2021.
The property is comprised of 572 mineral claim units covering 12,390 hectares located in northwestern New Brunswick.
SLAM holds a 100 per cent interest in these claims with the exception of four claim units covering 105 hectares that are subject to a 1.5 per cent NSR. It can buy down 0.5 per cent of the NSR for $500,000 and it has the right of first refusal on the remaining one per cent NSR.
SLAM is a project-generating resource company focused on is its flagship Menneval Gold.
It owns the Gold Brook, Birch Lake gold, Wilson gold and Ramsay gold projects in the vicinity of the Puma Exploration Ltd. gold discovery at Williams Brook on the Millstream Break in southern New Brunswick, SLAM owns the Jake Lee, Mount Victor and Little Mount Pleasant gold properties on the flanks of the Sawyer Brook and Wheaton Bay faults in the vicinity of Galway’s Clarence stream gold deposit.
SLAM owns the Keezhik and Miminiska gold projects in Ontario and the Mount Uniacke gold project in Nova Scotia.