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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 > What's Up With SXL (Up 25%)
View:
Post by TruthBKnown on Nov 01, 2021 2:52pm

What's Up With SXL (Up 25%)

Good post by ticketyboo on "another site":

"Here what's going on that we know of anyway...:
 
1. SXL recently completed 21 holes on flagship Menneval project.
 
2. Every hole hit quartz veins which hosts the gold mineralization.
 
3. 3 of the holes had visible gold.
 
4. They were drilling veins that produced surface samples up to 3955 g/t gold.
 
5. Company is to work other properties that have produced past high values of gold, silver and base metals. Properties are near Puma and Galway's properties.
 
6. Just over 50 million shares os, and with current sp has market cap of around $5 million. Yes market cap just over $5 million!"
Comment by permagrin on Nov 02, 2021 12:43am
With 21 holes drilled, all hitting veins with some into vg, ya gotta like their chances of some good results. And drilling into an area that gave surface results close to 4000 g!
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