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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 Dec 05, 2020 5:01pm
340 Views
Post# 32044661

Vein 18 High Grades

Vein 18 High GradesHaving highlighted their properties below, there's no doubt they'll be focusing on Menneval which has the potential to become a "company maker".
 
Samples released last week were impressive given that all 17 samples across the vein returned anomalous to high/bonanza type grades of gold.
 
Of the 17 samples, of course there were the two which assayed quadruple digits, that being 3955 g/t gold and 1838 g/t gold.
 
Also...

** 13 of the 17 samples assayed greater than 10 g/t gold **
** 10 of the 17 assayed greater than 20 g/t gold **
** 6 of the 17 samples assayed greater than 50 g/t gold **
 
Then when you consider these were values from just one of the 55 (or so) veins, Vein 18, it's something.
 
The October nr had 3 very high grades of 363 g/t gold, 59 g/t gold and 53 g/t gold that were returned from 3 different veins. 7 other veins at the time also returned values ranging from 1.7 g/t gold - 5.8 g/t gold.
 
There's no doubt they're tapping into a high grade system of gold at Menneval. Should they discover swells in the veins, or clusters/swarms proximal to each other or a source feeding these veins at surface then the excitement/speculation will ramp up even more. It'll be interesting for sure to follow the company's progress.

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