on The Market Herald (CVE:SXL)
SLAM Exploration Embarks on Jake Lee Gold Drilling Campaign
SLAM Exploration Ltd. has initiated a significant 2026 diamond drilling project on the Jake Lee gold property in New Brunswick, Canada. This ambitious venture, encompassing a 7,000-meter diamond drilling contract, targets high-grade gold veins. The focus is on the No. 1 vein, previously displaying assays up to 40.5 g/t gold and 63.3 g/t silver from channel samples.
Positioned 25 kilometers southeast of the Clarence Stream deposit, operations are underway with drilling set to intersect the target vein at 16 meters depth. The project not only targets gold but also explores silver and critical mineral potential. Further trenching identified gold soil anomalies near the No. 1 vein, broadening SLAM’s exploration scope.
Simultaneously, the company is advancing its Moose Brook Property acquisition and plans ancillary drilling on other projects, including the Goodwin copper-nickel-cobalt site and the Menneval gold project.
R. H.
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