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Slam Exploration ( (TSE:SXL) ) just unveiled an update.
SLAM Exploration Ltd. has announced promising results from an Induced Polarization (IP) survey at its Goodwin claims in the Bathurst Mining Camp, New Brunswick. The survey has extended the copper-nickel-cobalt target by 200 meters, indicating potential for expansion of the Granges and Logan zones. The company is planning further IP surveys and line cutting to explore additional extensions. These developments could enhance SLAM’s positioning in the mineral exploration industry, potentially benefiting stakeholders through increased resource discovery and subsequent financial returns.
More about Slam Exploration
SLAM Exploration Ltd. is a publicly traded resource company with a 40,000-hectare portfolio of mineral claim holdings in New Brunswick. The company operates as a project generator, focusing on mineral exploration and development, and has recently reported significant gold discoveries at its Jake Lee Gold Project. SLAM is also actively engaged in copper, nickel, and cobalt exploration at its Goodwin project.
Average Trading Volume: 269,873
Technical Sentiment Signal: Buy
Current Market Cap: C$6.51M
For a thorough assessment of SXL stock, go to TipRanks’ Stock Analysis page.