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Slam Uncovers Mineralized Quartz Vein at Jake Lee
Gold And Critical Element Pursuit In The Mineral-Rich Province Of New Brunswick, Canada MIRA...
About this update from Slam Exploration Ltd.
[{"type":"text","content":"Slam Uncovers Mineralized Quartz Vein at Jake LeeGold And Critical Element Pursuit In The Mineral-Rich Province Of New Brunswick, Canada MIRAMICHI, NB / ACCESS Newswire / December 18, 2025 / SLAM Exploration Ltd. (TSXV:SXL) (\"SLAM\" or the \"Company\")is pleased to report completion of channel sampling of the No. 1 vein on its wholly owned Jake Lee project, located in southwestern New Brunswick. Assays are pending on 11 channel samples sawn from the No. 1 vein which has produced gold grades ranging from 7.42 grams per tonne (\"g/t\") to 94.80 g/t gold since discovery as reported July 9, 2025. The Jake Lee project is located 25 kilometers southeast of the Clarence Stream gold deposit operated by Galway Metals Inc. in New Brunswick, Canada. The No. 1 vein was cleaned prior to channel sampling as shown on Figure 1.Figure 1: No. 1 Vein Prior To Channel SamplingOther quartz veins were uncovered in trenches 7,500 meters southwest of the No. 1 vein where the Company had previously discovered a quartz-carbonate zone. Both the No. 1 vein and the quartz-carbonate zone occur on the north flank of a magnetic low that is thought to represent a regional fault zone.The Company uncovered angular quartz rubble with chalcopyrite-bornite mineralization in a trench and 1,600 meters southeast of the No. 1 gold vein. This trench is 200 meters north of the CT vein and represents a potential extension of that vein. Chalcopyrite-bornite mineralization is also associated with the No. 1 gold vein.New Brunswick Junior Mining Assistance Program:The Company has been awarded $45,000 from the Province of New Brunswick under its Junior Mining Assistance Program in support of the 2025 Jake Lee gold exploration campaign.QA-QC Procedures: Eleven channel samples were sawn from exposed bedrock in trench JT25-01 and delivered directly to Actlabs in Fredericton, New Brunswick for analysis. In addition, 52 grab samples collected from a trenching/prospecting program on the Jake Lee claim. Actlabs will analyze all the samples for gold using procedure 1A2 (fire assay with atomic absorption finish) and 1A3 (gravimetric finish) for over-limit samples. Actlabs will also use the ICP 1E3 method to analyze the samples for multiple elementsAbout SLAM Exploration Ltd: SLAM Exploration Ltd. is a publicly listed resource company with a 40,000-hectare portfolio of mineral claim hol...