SLAM Exploration Acquires New Niobium Critical Mineral Project
MIRAMICHI, New Brunswick, Oct. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V: SXL) (“SLAM” or the “Company”) is pleased to announce it has signed an arm’s length binding term sheet with St-Georges Eco-Mining Corp. (CSE: SX) (“St-Georges”) to give SLAM the option to acquire a 51% interest in the Notre Dame Niobium Critical Mineral Project (the “Notre Dame Project”).
- MIRAMICHI, New Brunswick, Oct. 25, 2023 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V: SXL) (“SLAM” or the “Company”) is pleased to announce it has signed an arm’s length binding term sheet with St-Georges Eco-Mining Corp. (CSE: SX) (“St-Georges”) to give SLAM the option to acquire a 51% interest in the Notre Dame Niobium Critical Mineral Project (the “Notre Dame Project”).
- The Notre Dame Project is located 110 km northwest of the only niobium producing mine in North-America: the Niobec niobium mine in Quebec.
- SLAM President Mike Taylor states: “The Notre Dame Project is an exciting acquisition for SLAM.
- This is a key acquisition as SLAM builds up niobium, rare earth and lithium assets in the critical element space.”