Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > News out on drill program
View:
Post by Cool_Law on Oct 14, 2021 9:28am

News out on drill program

Slam Completes Gold Diamond Drilling Program

V.SXL 

Multiple Gold Veins Drilled. Visible Gold Reported.

MIRAMICHI, New Brunswick, Oct. 13, 2021 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (“SLAM” or the “Company on TSXV: SXL) is pleased to announce it has completed a diamond drilling program at its wholly-owned Menneval gold project located in the mineral-rich province of New Brunswick, Canada. A total of 21 holes were drilled for a total program of 1222 m. The first 10 holes were reported September 19, 2021. Since then, SLAM has drilled an additional 503 m in 11 holes numbered BG21-19 to BG21-28. 

A total of 10 holes BG21-09-BG21-12 and holes BG21-23 to BG21-28 were drilled to test vein No. 18 where the Company reported visible gold with assay results grading up to 3,955 g/t gold over 0.10 m thick from trench samples as reported by the Company on December 03, 2020. Hole BG21-19 tested part of the vein swarm associated with the No. 22 vein. Holes BG21-20 to BG21-22 tested the No. 2 vein. All 10 of the holes on vein No. 18 intersected quartz veins with visible gold noted in 3 holes.

Logging and sampling are in progress. To date 231 samples sawn from holes BG21-09 to BG21-17 have been submitted to the lab. Core logging and sampling continues on holes BG21-18 to BB21-28. For additional information and maps visit Menneval Gold Project or call Mike Taylor 506-623-8960.

The Menneval Project: The Menneval Gold project is SLAM’s flagship project, the Company intends to focus on testing the strike and depth extent of the swarm of new gold veins discovered in 2020. The expanded property is comprised of 572 mineral claim units covering 12,390 hectares located in northwestern New Brunswick. The Company holds a 100% interest in these claims with the exception of 4 claim units covering 105 hectares that are subject to a 1.5% NSR. The Company can buy down 0.5% of the NSR for $500,000 and it has the right of first refusal on the remaining 1% NSR.

Comment by DarkGreen on Oct 14, 2021 11:46am
Hard to believe the share price is going down on great news . Hopefully assays deliver us a huge Christmas present .
Comment by pharmacist78 on Oct 14, 2021 12:30pm
Mike Taylor just twittered some VG from the dril cores. lets wait for the results......
Comment by DarkGreen on Oct 14, 2021 1:14pm
not on twitter pharmacist , are there pictures of the VG on twitter ?
Comment by pharmacist78 on Oct 14, 2021 2:12pm
Mike Taylor@slamgold 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities