Lepreau

SLAM Launches Gold Exploration Program

Retrieved on: 
Tuesday, April 25, 2023

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.

Key Points: 
  • 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 has obtained approval to further test these gold discoveries with a trenching program and to follow with diamond drilling if warranted.
  • In addition, gold was detected in one soil sample containing 16.200 g/t gold and 121 samples ranging from 0.010 to 0.173 g/t gold by a soil geochemical survey of 1904 samples collected in 2021.

SLAM Generates Cash, Shares & Royalties and Plans to Raise $450,000 in Private Placement

Retrieved on: 
Thursday, March 23, 2023

Proposed Private Placement: The Company also announces it intends to raise $450,000 through the sale of 9 million units (“Units”) at a price of $0.05 per Unit.

Key Points: 
  • Proposed Private Placement: The Company also announces it intends to raise $450,000 through the sale of 9 million units (“Units”) at a price of $0.05 per Unit.
  • Each Unit is comprised of one common share (each a “Share”) and one common share purchase warrant (each a “Warrant”).
  • The company may pay finders fees on the unbrokered private placement.
  • Gold trenching targets include 4 sub-angular boulders respectively grading 39.300 g/t gold, 3.390 g/t gold, 2.420 g/t gold and 1.49 g/t gold reported by SLAM on January 25, 2023 .

SLAM Acquires New Gold Project

Retrieved on: 
Monday, March 6, 2023

The presentation will highlight recent new gold discoveries on SLAM’s Jake Lee project as well as 2023 plans for the Jake Lee and Menneval gold projects.

Key Points: 
  • The presentation will highlight recent new gold discoveries on SLAM’s Jake Lee project as well as 2023 plans for the Jake Lee and Menneval gold projects.
  • The Highway Gold Project: Gold occurs in polymetallic skarns as well as quartz veins associated with 3 mineral occurrences known as the West Lake gold skarn (URN 1407), the West Brook zinc skarn (URN 324), and the Deep Lake polymetallic skarn occurrence.
  • The Jake Lee Gold Project: The Company has permits in place for a potential trenching and drilling program at Jake Lee where the Company reported the discovery of 3 boulders grading 39.300 g/t gold, 3.390 g/t gold and 2.420 g/t gold respectively within a 10 m radius on January 25, 2023 .
  • To see maps and related information about the Jake Lee gold project click SLAM .

SLAM Vends Copper Zinc Silver Mineral Claims

Retrieved on: 
Tuesday, February 21, 2023

SLAM retains a 2% Net Smelter Return royalty (“NSR”) on future mineral production from the lands beneath these mineral claims.

Key Points: 
  • SLAM retains a 2% Net Smelter Return royalty (“NSR”) on future mineral production from the lands beneath these mineral claims.
  • The Wedge property was formerly referenced by SLAM as the Lower 44 project.
  • To earn a 100% interest in the Goodwin Lake project, QNB must issue SLAM an additional 1,900,000 common shares and pay SLAM $250,000 over a 4-year period.
  • Five of the 6 mineral claims are wholly owned by SLAM.

SLAM Discovers More Gold

Retrieved on: 
Wednesday, January 25, 2023

MIRAMICHI, New Brunswick, Jan. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (“SLAM” or the “Company” on TSXV: SXL) is pleased to announce two additional gold-bearing float respectively grading 3.390 g/t and 2.420 g/t gold in the vicinity of a previously reported quartz boulder discovery grading 39.300 grams/tonne (“g/t”) gold on its Jake Lee gold project located 30 kilometres west of Saint John, New Brunswick.

Key Points: 
  • MIRAMICHI, New Brunswick, Jan. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (“SLAM” or the “Company” on TSXV: SXL) is pleased to announce two additional gold-bearing float respectively grading 3.390 g/t and 2.420 g/t gold in the vicinity of a previously reported quartz boulder discovery grading 39.300 grams/tonne (“g/t”) gold on its Jake Lee gold project located 30 kilometres west of Saint John, New Brunswick.
  • In summary, three boulders grading 39.300 g/t gold, 3.390 g/t gold and 2.420 g/t gold respectively occur within a 10 m radius at a location 250 m south of an angular quartz float grading 1.49 g/t gold.
  • Gold ranging from 0.0100 to 0.661 g/t gold was detected in 31 samples from a total of 186 samples that were submitted for assay.
  • In addition, gold was detected in one soil sample containing 16.200 g/t gold and 121 samples ranging from 0.010 to 0.173 g/t gold by a soil geochemical survey of 1904 samples collected in 2021.

SLAM Closes Roger Lake Gold Property

Retrieved on: 
Thursday, November 17, 2022

MIRAMICHI, New Brunswick, Nov. 17, 2022 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (SLAM or the Company on TSXV: SXL) 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 (the Option Agreement) to acquire the Roger Lake property located near Lepreau, New Brunswick (the Property or Roger Lake).

Key Points: 
  • MIRAMICHI, New Brunswick, Nov. 17, 2022 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (SLAM or the Company on TSXV: SXL) 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 (the Option Agreement) to acquire the Roger Lake property located near Lepreau, New Brunswick (the Property or Roger Lake).
  • Previous workers detected elevated gold levels ranging up to 16,200 parts per billion (ppb) gold in a soil geochemical survey completed on the Roger Lake claim in 2021.
  • The Roger Lake claim is adjacent to and will be managed as part of SLAM's wholly owned Jake Lee project.
  • SLAM is actively exploring the Jake Lee, Mount Victor and Little Mount Pleasant gold properties in southwestern New Brunswick where Galway Metals is working on a multi-million ounce gold deposit at Clarence stream.

SLAM Discovery Boulder Grades 39.3 G/T Gold

Retrieved on: 
Thursday, November 17, 2022

MIRAMICHI, New Brunswick, Nov. 17, 2022 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (SLAM or the Company on TSXV: SXL) is pleased to announce the discovery of a quartz boulder grading 39.3 grams/tonne (g/t) gold on its Jake Lee gold project located 30 kilometres west of Saint John, New Brunswick.

Key Points: 
  • MIRAMICHI, New Brunswick, Nov. 17, 2022 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (SLAM or the Company on TSXV: SXL) is pleased to announce the discovery of a quartz boulder grading 39.3 grams/tonne (g/t) 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.
  • All 13 grab samples collected from boulders associated with the Cranford-Taylor vein contain anomalous levels of gold ranging from 0.004 g/t to 0.125 g/t gold.
  • Another target is a historic placer gold site known as the Lepreau river gold occurrence (reference 563 - New Brunswick Mineral Occurrence database).

Petuum Awarded OSDI 2021 Best Paper for Goodput-Optimized Deep Learning Research

Retrieved on: 
Tuesday, July 27, 2021

PITTSBURGH and SUNNYVALE, Calif., July 27, 2021 /PRNewswire/ -- Petuum's CASL research and engineering team has won this year's OSDI 2021 Best Paper Award.

Key Points: 
  • PITTSBURGH and SUNNYVALE, Calif., July 27, 2021 /PRNewswire/ -- Petuum's CASL research and engineering team has won this year's OSDI 2021 Best Paper Award.
  • This effort is led by Dr. Aurick Qiao who heads the Composability, Automatic, and Scalable Learning ( CASL ) research and engineering team at Petuum .
  • Dr. Qiao received the Jay Lepreau Best Paper Award at the 15th USENIX Symposium on Operating Systems Design and Implementation ( OSDI ) 2021 for the paper he co-authored, Pollux: Co-adaptive Cluster Scheduling for Goodput-Optimized Deep Learning whichcaptures the revolutionary work implemented using one of CASL's key components, AdaptDL .
  • Pollux as implemented by AdaptDL improves scheduling performance in deep learning (DL) clusters by adaptively co-optimizing inter-dependent factors both at the per-job level and at the cluster-wide level.