SLAM Launches Gold Exploration Program

MIRAMICHI, New Brunswick, April 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (“SLAM” or the “Company” on TSXV: SXL) is pleased to announce the start of its 2023 gold exploration program on its Jake Lee gold project located 30 kilometres west of Saint John, New Brunswick. SLAM’s exploration team is prospecting and trenching to test the area of gold-bearing boulders respectively grading 39.300 grams/tonne (“g/t”) gold, 3.390 g/t gold, 2.420 g/t gold and 1.49 g/t gold discovered during prospecting expeditions conducted in October-November, 2022. The Company also intends to conduct preliminary trenching program on the CT vein where SLAM’s team discovered a 6 m wide quartz vein in outcrop. A train of angular float north and south of this outcrop suggest a strike-length of at least 700 m. As reported November 17, 2022, thirteen grab samples collected from angular float associated with the CT vein contain anomalous levels of gold ranging from 0.004 g/t to 0.125 g/t gold. The Company has obtained approval to further test these gold discoveries with a trenching program and to follow with diamond drilling if warranted. For SLAM’s corporate presentation including more information about the Jake Lee gold project click SXL Deck.

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