SLAM Identifies 20 km Gold and Copper Trend
MIRAMICHI, New Brunswick, Aug. 31, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSXV-SXL) (“SLAM” or the “Company”) is pleased to announce it has identified a 20 kilometre (km) trend of gold and copper mineralization associated with volcanic and intrusive rocks on the Shadow Lake gold project located 30 km west of Saint John, New Brunswick.
- MIRAMICHI, New Brunswick, Aug. 31, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSXV-SXL) (“SLAM” or the “Company”) is pleased to announce it has identified a 20 kilometre (km) trend of gold and copper mineralization associated with volcanic and intrusive rocks on the Shadow Lake gold project located 30 km west of Saint John, New Brunswick.
- The Company has received assays grading up to 3.39% copper and 0.17% molybdenum for grab samples that were collected from a breccia zone during a follow-up visit to the Shadow Lake gold project.
- These 2 samples returned assays of 31.50 g/t gold and 9.93 g/t gold respectively.
- The discovery of gold mineralization in the vicinity of these faults is similar to recent gold discoveries by Newfound Gold Corp. along the Appleton and JBP faults as well as other structures in Newfoundland.