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Bullboard - Stock Discussion Forum 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... see more

TSXV:SXL - Post Discussion

Slam Exploration Ltd > Ground Floor
View:
Post by SuneeDaze on Oct 07, 2020 7:56pm

Ground Floor

This is literally ground floor entry on what could be a significant find...well, it IS a significant find...but could be a significant deposit.

Think about it...including the Maisie Vein, there’s now 4 veins in the vicinity that have provided double or triple digit assays (up to 363 g/t gold or 11.6 ozs/t). Masie itself has provided drill intercepts up to 121 g/t gold. So, that’s 10 new veins announced today, all with anomalous gold, 4 with bonanza grade values, plus the Maisie Vein, and they’re further trenching to delineate them and discover more.  There’s definitely a system in place.

 It’s also worth noting that given the nature of the gold, they’ll be dealing with the “nugget effect”, so even those veins that may have provided lower values, a few cms here or there and you could be into vg. 

At any rate, it’ll be interesting and hopefully profitable to watch this program develop.

 Have a good night.
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