Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Slam Exploration ( (TSE:SXL) ) has issued an announcement.
SLAM Exploration reported high-grade channel sample results from the No. 1 vein on its wholly owned Jake Lee gold project in New Brunswick, with assays up to 40.5 g/t gold and 63.3 g/t silver over 0.4 metres, and additional gold mineralization detected in adjacent wall rock. The new data, building on earlier grab sample discoveries and located near Galway Metals’ Clarence Stream deposit, reinforce the exploration potential of Jake Lee and complement SLAM’s broader New Brunswick portfolio, which includes historically high-grade results from the Menneval area and strong copper-nickel-cobalt drill intercepts at its flagship Goodwin project, underlining the company’s growing footprint in the province’s gold and critical metals space.
More about Slam Exploration
SLAM Exploration Ltd. is a publicly listed Canadian resource company focused on gold and critical metals exploration in New Brunswick, where it holds a 40,000-hectare portfolio of mineral claims. Its assets are anchored by the Goodwin copper-nickel-cobalt project in the Bathurst Mining Camp, where recent drilling has returned significant polymetallic intercepts alongside notable gold values, consistent with its strategy as a project generator in a mineral-rich jurisdiction.
Average Trading Volume: 113,136
Technical Sentiment Signal: Buy
Current Market Cap: C$11.83M
For detailed information about SXL stock, go to TipRanks’ Stock Analysis page.