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The latest announcement is out from Slam Exploration ( (TSE:SXL) ).
SLAM Exploration reported soil assays of up to 0.466 g/t gold from 766 samples collected on a detailed grid around its new No. 1 gold vein discovery at the Jake Lee project in New Brunswick. The soil anomalies, coincident with airborne conductors and supported by high-grade channel samples up to 40.5 g/t gold and 63.30 g/t silver over 0.40 meters, suggest potential for a broader mineralized system near the established Clarence Stream gold camp.
The company has remobilized its exploration team to Jake Lee, reinforced by financial support from New Brunswick’s Junior Mining Assistance Program for the 2025–26 work program. These results, together with ongoing drilling success at the Goodwin copper-nickel-cobalt project and expected 2026 cash and share payments from partnered projects, strengthen SLAM’s growth pipeline and leverage to both precious and critical metals markets.
More about Slam Exploration
SLAM Exploration Ltd. is a publicly listed Canadian resource company focused on gold, silver and critical minerals in New Brunswick, with a 40,000-hectare portfolio anchored by the Goodwin copper-nickel-cobalt project in the Bathurst Mining Camp. The company operates as a project generator, advancing its own exploration while securing cash, shares and royalties through option agreements on projects such as the Wedge copper-zinc and Ramsay gold properties.
Average Trading Volume: 103,796
Technical Sentiment Signal: Buy
Current Market Cap: C$11.17M
Find detailed analytics on SXL stock on TipRanks’ Stock Analysis page.