Welcome to our dedicated page for Slam Exploration news (Ticker: SLMXF), a resource for investors and traders seeking the latest updates and insights on Slam Exploration stock.
SLAM Exploration Ltd. (SLMXF) news covers exploration and corporate updates from its gold and critical metals projects in New Brunswick, Canada. Company releases highlight drilling, sampling and acquisition activity across a portfolio that includes the Goodwin Copper-Nickel-Cobalt Project in the Bathurst Mining Camp, the Menneval Gold Project in northern New Brunswick, and gold projects such as Jake Lee, Highway and Harry Brook in the south of the province.
Investors following SLMXF news can review detailed assay results from diamond drilling at Goodwin, including intervals containing copper, nickel and cobalt from zones such as Farquharson and Granges. Releases also describe gold-focused work at Menneval, where soil grids and quartz veins like the Maisie and No. 18 veins have returned high-grade gold values, and at Jake Lee, where grab and channel samples from the No. 1 vein have reported notable gold and silver grades.
Additional news items discuss the Mine Road zinc-silver project adjacent to the former Heath Steele mine, the acquisition of the Harry Brook gold-antimony project, and SLAM’s participation in investor conferences. As a project generator, the company also reports on cash and share payments received under agreements and the NSR royalties it holds on certain properties. This news feed brings together these exploration, transaction and corporate communications for readers tracking SLMXF.
SLAM Exploration Ltd. has completed a diamond drilling program at its wholly-owned Menneval gold project in New Brunswick, yielding significant gold results. Core intervals showed gold grades reaching 56.9 g/t over 0.5 meters. In total, four out of five holes on the No 18 vein contained gold-bearing intervals, with notable grades from 0.09 g/t to 56.90 g/t. Additionally, five of six holes on the Maisie vein also reported gold, with the company considering a follow-up program. The project has received a $30,000 grant under the NBJMAP.
SLAM Exploration Ltd. announced a new drilling contract for its Menneval gold project in New Brunswick, Canada, intending to drill approximately 1,000 meters across 10 holes. This program will target two significant gold zones, with up to 6 holes planned for Zone 18, which previously reported intervals grading as high as 162.5 g/t gold. The company also detected gold anomalies in soil samples from its Jake Lee and Portage projects. The drilling initiative is partially funded by a $30,000 grant from the New Brunswick Junior Mining Assistance Program.
SLAM Exploration Ltd. announced its intention to apply for an extension of the expiry date of 1,880,168 common share purchase warrants from August 11, 2022, to August 11, 2024. The exercise price will remain at $0.08. These warrants, issued during a non-brokered private placement on August 11, 2020, have not been exercised in the last six months. The amendment is subject to approval from the TSX Venture Exchange.
SLAM holds extensive mining claims in New Brunswick and Ontario, focusing on gold and base metals, with a portfolio that includes several promising properties.