SLAM Exploration Ltd. is pleased to announce that it has acquired the 52 unit "Highway Gold Project" by staking 2 mineral claims that cover 3 known mineral occurrences located on provincial highway 7 near Nerepis in southern New Brunswick. Previous workers detected gold as well as cobalt, silver, zinc, copper, tin and tungsten minerals associated with magnetic and soil geochemical anomalies over major cross-cutting fault [...]
SLAM Exploration Ltd. is pleased to announce that it has signed a mineral property option agreement dated February 9, 2023 whereby Nine Mile Metals Ltd. can earn a 100% interest in the Wedge Project claims located in the center of the Bathurst Mining Camp in New Brunswick. The Wedge Property Agreement: The Company will receive 1,200,000 common shares of Nine Mile and $150,000 cash over a four year period, including a [...]
SLAM Exploration Ltd. announces that it has closed a private placement of 1,530,000 flow-through units at a price of $0.05 per FT Unit for gross proceeds of $76,500 . Each FT Unit is comprised of one common share in the capital of the Company issued on a "flow-through" basis and one-half of one common share purchase warrant issued on a non-flow-through basis . Each Warrant will entitle the holder thereof to acquire one [...]
SLAM Exploration Ltd. is pleased to announce that it has received approval from the TSX-V Venture Exchange with regards to the option agreement dated November 2, 2022 to acquire the Roger Lake property located near Lepreau, New Brunswick . The Company has issued 100,000 common shares at a deemed price of $0.05 per share to satisfy the first share issuance due under the Option Agreement. The securities have a statutory [...]
SLAM Exploration Ltd. is pleased to announce the discovery of a quartz boulder grading 39.3 grams/tonne gold on its Jake Lee gold project located 30 kilometres west of Saint John, New Brunswick. The gold-bearing boulder is located 250 m south of a slab of road rubble that grades 1.49 g/t gold. The road rubble sample is comprised of sedimentary rock with quartz veining near an outcrop of similar sedimentary rock. These two [...]
SLAM Exploration Ltd. is pleased to announce it has entered into an option agreement to acquire the Roger Lake gold property located 30 kilometres west of Saint John, New Brunswick . Previous workers detected elevated gold levels ranging up to 16,200 parts per billion gold in soil samples collected from the property. The soil anomalies may be associated with the potential source of historic placer gold mineralization [...]
SLAM Exploration Ltd. is pleased to announce visible gold occurs in core samples sawn from four of the eleven diamond drill holes in a 646 m program completed on its wholly-owned Menneval gold project located in New Brunswick, Canada. Ten of the eleven holes intersected quartz veins mineralized with fine pyrite, limonite and/or goethite over core lengths ranging from 0.10 m to 2.30 m. Assays are pending on 113 samples [...]
SLAM Exploration Ltd. is pleased to announce it has signed a sale agreement to sell its Ramsay gold claims to Stratabound Minerals Corp. . The Ramsay mineral claims are comprised of 122 claim units covering 2653 hectares of prospective land adjacent to Stratabound's McIntyre Brook gold project. To earn a 100% interest in the Ramsay mineral claims, Stratabound will make the following payments to SLAM: $40,000 cash and [...]
SLAM Exploration is pleased to announce it has signed a sale agreement to sell its Ferguson Brook mineral claim to Puma Exploration Inc. The Ferguson Brook mineral claim comprises 42 claim units covering 912 hectares of prospective land adjacent to Puma's Williams Brook gold project. To earn a 100% interest, Puma will make the following payments to SLAM: $15,000 cash and 250,000 shares of Puma upon receipt of TSXV [...]
SLAM Exploration is pleased to announce it has acquired claims adjacent to the Benjamin River Rare Earth Element mineral occurrence located near the port of Belledune in the mineral-rich province of New Brunswick, Canada. SLAM acquired the initial Benjamin claim based on its REE potential. After a review of previous work records, the property was expanded by acquisition of 8 additional claims to cover anomalous gold [...]
SLAM Exploration is pleased to announce assay results for the last 14 diamond drill holes completed on its wholly-owned Menneval gold project located in the mineral-rich province of New Brunswick. Core intervals range up to 56.5 g/t gold over 0.51 m. Anomalous gold was detected in all 20 holes drilled. Selected drilling results for the last 14 holes are listed in the following table: Hole_ID From_m To_m Interval_m [...]
SLAM Exploration announces that it has closed a private placement and it has issued 5,327,272 flow-through units at a price of $0.055 per FT Unit for gross proceeds of $292,999.96. Each FT Unit is comprised of one common share in the capital of the Company issued on a "flow-through" basis and one-half of one common share purchase warrant issued on a non-flow-through basis. Each Warrant will entitle the holder thereof to [...]
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