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SLAM Acquires Dam Lake Gold Project

SLAM Acquires Dam Lake Gold Project

SLAM 收購 Dam Lake 黃金項目
GlobeNewswire ·  02/08 20:30

Figure 1

圖 1

Jake Lee-Dam Lake Aeromagnetics & Gold Occurrences
Jake Lee-Dam Lake 航空磁學與金礦事件

MIRAMICHI, New Brunswick, Feb. 08, 2024 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSX-V:SXL) (OTC: SLMXF) ("SLAM or the "Company") is pleased to report it has entered into an option agreement (the "Agreement") signed February 6, 2024 with Edge Exploration Inc. ("Edge") to acquire the Dam Lake gold project adjacent to SLAM's wholly-owned Jake Lee gold project 30 kilometres west of Saint John in the mineral-rich province of New Brunswick. Edge reported two gold discoveries grading 4.76 g/t (grams/tonne) gold and greater than 5.00 g/t gold in basal till samples collected in 2021 from two overburden drill holes 420 metres apart.

新不倫瑞克省米拉米奇,2024年2月8日(環球新聞社)——SLAM勘探有限公司(TSX-V: SXL)(場外交易代碼:SLMXF)(“SLAM或 “公司”)欣然報告說,它已於2024年2月6日與Edge Exploration Inc.(“Edge”)簽訂了期權協議(“協議”),以收購SLAM全資傑克附近的達姆湖黃金項目 Lee黃金項目位於礦產資源豐富的新不倫瑞克省聖約翰以西30公里處。Edge報告了2021年從相隔420米的兩個覆層鑽孔中採集的兩項金礦發現,金品位爲4.76克/噸(克/噸),基底金含量超過5.00克/噸。

The basal till unit from 0.15 to 1.15 metres (m) in hole DH15 was comprised of sand and clay and assayed 4.76 g/t gold. This gold-bearing till was underlain by banded volcanic tuff from 1.85m to the end of the hole at 4.0 m. DH16 collared 420 m to the southwest and was drilled to 13 m. Three gold-bearing intervals were reported from hole DH16; limonitic sand from 0.15 m to 1.15 m grading 1.830 g/t gold, clay and fine sand from 6.90 m to 8.50 m grading 0.353 g/t gold and sand with angular rock fragments from 12.2 m to 13 m grading greater than 5,000 g/t gold.

DH15孔中介於0.15至1.15米(m)之間的基礎耕作單元由沙子和粘土組成,並測定了4.76克/噸的金。這個含金的礦坑由從 1.85 米到孔盡頭 4.0 米處的帶狀火山凝灰岩覆蓋。DH16 向西南 420 米處鑽入 420 米,鑽至 13 米。據報道,從 DH16 孔有三個含金間隔;從 0.15 米到 1.15 米的檸檬質沙品位從 6.90 米到 8.50 米,品位從 6.90 米到 8.50 米,品位爲 0.353 g/t 金和沙子,岩石碎片從12.2米到13米不等,金品位大於5,000克/噸。

SLAM discovered anomalous gold in soil samples on a grid 1,000 m to the northeast and previous workers discovered boulders with visible gold and assays up to 302.5 g/t gold at a site 4,100 m northeast of the gold discoveries by Edge. This gold-bearing float is located 400 m northeast of SLAM's Jake Lee project boundary as shown on Figure 1 below. SLAM has discovered additional float grading up to 39.2 g/t gold and soil samples grading up to 0.900 g/t gold 12 kilometres further east within the boundary of the Jake Lee gold project.

SLAM在東北1,000米處的網格上的土壤樣本中發現了異常金,之前的工作人員在Edge發現的金礦東北4,100米處發現了含有可見金的巨石,並分析了高達302.5克/噸的黃金。這個含金浮標位於 SLAM 的 Jake Lee 項目邊界東北 400 米處,如下圖 1 所示。SLAM在傑克·李金礦項目邊界以東12公里處發現了更多金品位高達39.2克/噸的浮標和金品位高達0.900克/噸的土壤樣本。

The Jake Lee claims cover gold occurrences associated with the Fundy fault zone; a broad system of deep-rooted Appalachian structures centered around the Belleisle Bay fault. This is similar to the setting of the Queensway project adjacent to the Appleton fault in Newfoundland where recent gold discoveries have been reported by Newfoundgold and other companies.

傑克·李的索賠涵蓋了與芬迪斷層帶相關的金礦點;芬迪斷層是一個以貝萊斯爾灣斷層爲中心的根深蒂固的廣泛阿巴拉契亞結構體系。這與紐芬蘭阿普爾頓斷層附近的昆士蘭大道項目的背景類似,Newfoundgold和其他公司報告了最近在那裏發現的金礦。

The Dam Lake Agreement: SLAM can earn an 100% interest by paying for claim renewals and completing exploration expenditures of $200,000 on or before the 3rd anniversary of the Agreement. The Company has paid $1,090 for the initial claim renewal. Edge shall retain a 2% NSR royalty. SLAM holds the right to buy back one-half of the royalty equal to 1.0% NSR for one million dollars at any time before the commencement of production. No finder's fees have been paid with respect to this arms-length agreement.

大壩湖協議:SLAM可以通過支付索賠續訂費用並在3天或之前完成20萬美元的勘探支出來獲得100%的利息第三方 協議週年紀念日。該公司已爲首次索賠續訂支付了1,090美元。Edge 應保留 2% 的 NSR 特許權使用費。SLAM有權在開始生產之前隨時以一百萬美元的價格回購相當於1.0%NSR的二分之一的特許權使用費。尚未就該公平協議支付任何發現者費用。

Figure 1: Jake Lee-Dam Lake Aeromagnetics & Gold Occurrences

圖 1:Jake Lee-Dam Lake 航空磁學和金礦事件

QA-QC Procedures: Edge completed 17 split-tube core holes from December 2020 to February 2021 to produce samples approximately 6 centimetres in diameter. Most of the holes were drilled and produced samples through overburden into bedrock. All till and overburden samples were submitted to Actlabs in Fredericton. Actlabs separated the fine portion (less than 0.177 mm) of each sample by sieving. Actlabs tested the fine samples using a Fire Assay procedure with Atomic Absorption finish (Actlabs code "FA-AA). The upper limit for this method is 5.0 g/t so one sample was reported to contain greater than 5.0 g/t gold.

質量控制程序:從2020年12月到2021年2月,Edge完成了17個分管芯孔,生產了直徑約6厘米的樣品。大多數洞都是鑽孔的,樣本通過覆蓋層進入基岩。所有收割和覆蓋層樣本均已提交給弗雷德裏克頓的Actlabs。Actlabs 通過篩分分離出每個樣品的細小部分(小於 0.177 毫米)。Actlabs使用經過原子吸收處理的火焰分析程序對精細樣品進行了測試(Actlabs代碼 “FA-AA”)。該方法的上限爲5.0 g/t,因此據報道,一個樣本的金含量超過5.0 g/t。

Advisory Board: SLAM is pleased to report that it has appointed Ken Booth and Dustin Nanos to its advisory board effective immediately and it has granted 500,000 stock options to each party. The stock options have been issued in accordance with SLAM's rolling stock option plan; each option is exercisable to purchase one share of the Company at a price of $0.05 for 3 years from the date of issuance.

顧問委員會:SLAM高興地報告,它已任命肯·布斯和達斯汀·納諾斯爲顧問委員會成員,立即生效,並已向各方授予50萬份股票期權。股票期權是根據SLAM的機車股票期權計劃發行的;每種期權均可行使自發行之日起3年內以0.05美元的價格購買公司的一股股份。

Termination of Notre Dame Project: SLAM and St-Georges Eco-Mining Corp. have mutually agreed to terminate the Notre Dame Niobium Critical Mineral Agreement (the "Notre Dame Agreement") previously announced on October 25, 2023.

終止巴黎聖母院項目:SLAM和聖喬治生態礦業公司共同同意終止先前於2023年10月25日宣佈的巴黎聖母院鈮關鍵礦產協議(“巴黎聖母院協議”)。

The Company has also terminated the Shadow Lake Option by mutual agreement with the Optionor of that project. Termination of the Notre Dame and Shadow Lake projects will enable SLAM to concentrate on its wholly owned Menneval, Jake Lee and Highway gold projects and its Mine Road zinc copper silver project in New Brunswick.

該公司還與該項目的期權人達成了共同協議,終止了暗影湖期權。終止巴黎聖母院和暗影湖項目將使SLAM能夠專注於其全資擁有的Menneval、Jake Lee和Highway黃金項目以及位於新不倫瑞克省的Mine Road鋅銅銀項目。

Director Resignation: SLAM also advises that it has accepted the resignation of Jakson Inwentash from its board of directors, effective immediately. The Company wishes to thank Mr. Inwentash for his valuable contributions.

董事辭職:SLAM還表示,它已接受傑克森·因文塔什的董事會辭職,該辭職立即生效。公司要感謝因溫塔什先生的寶貴貢獻。

About SLAM Exploration Ltd: SLAM holds a large portfolio of mineral claim holdings in the mineral-rich province of New Brunswick. The flagship is SLAM's wholly owned Menneval gold project in northern New Brunswick. The Company has also reported significant gold discoveries in southern New Brunswick on its Jake Lee and Highway projects. The Highway project has demonstrated polymetallic potential with 10 known mineral occurrences that include zinc, silver, copper, cobalt, molybdenum and tin as well as gold.

關於SLAM勘探有限公司:SLAM在礦產資源豐富的新不倫瑞克省持有大量的礦產索賠投資組合。旗艦項目是SLAM在新不倫瑞克省北部的全資Menneval黃金項目。該公司還報告說,在新不倫瑞克省南部的 Jake Lee 和 Highway 項目中發現了大量金礦。公路項目展示了多金屬潛力,有10處已知礦物礦點,包括鋅、銀、銅、鈷、鉬和錫以及金。

The Company recently added the Mine Road zinc silver project to its base metal portfolio in the mineral rich Bathurst Mining Camp of New Brunswick. Previous workers drilled massive sulphide zones including with 2 massive sulphide intervals in hole IL2014-003 with a 9 metre core interval grading 14.51% zinc, 5.86% lead, 0.67% copper and 139.9 g/t silver and a 3 metre interval grading 6.57% zinc, 2.78% lead, 0.46% copper, and 68.1 g/t silver.

該公司最近在礦產資源豐富的新不倫瑞克省巴瑟斯特礦業營地的賤金屬投資組合中增加了Mine Road鋅銀項目。先前的工作人員鑽探了塊狀硫化物區域,包括在 IL2014-003 孔中鑽探了 2 個塊狀硫化物區間,其岩心間隔爲 9 米,鋅品位爲 14.51%,鉛 5.86%,銅品位爲 139.9 克/噸,銀品位爲 3 米,鋅品位爲 6.57%,鉛 2.78%,銅品位爲 68.1 克/噸。

The Company holds NSR royalties and expects additional cash and share payments on the Wedge copper zinc project. SLAM also holds NSR royalties and may receive addition cash and share payments on the Ramsay, Reserve Creek and Opikeigen gold projects.

該公司持有NSR特許權使用費,並預計Wedge銅鋅項目將獲得額外的現金和股票支付。SLAM還持有NSR的特許權使用費,並可能獲得拉姆齊、Reserve Creek和Opikeigen黃金項目的額外現金和股份付款。

To view SLAM's corporate presentation, click SXL-Presentation. Additional information is available on SLAM's website and on SEDAR+ at . Follow us on X @SLAMGold.

要查看 SLAM 的企業演示文稿,請單擊 SXL-演示文稿。更多信息可在SLAM的網站和SEDAR+上找到,網址爲。在 X @SLAMGold 上關注我們。

Qualifying Statements: Mike Taylor P.Geo, President and CEO of SLAM Exploration Ltd., is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release.

資格聲明:SLAM Exploration Ltd.總裁兼首席執行官邁克·泰勒·P.Geo是國家儀器43-101定義的合格人士,並已批准本新聞稿的內容。

Certain information in this press release may constitute forward-looking information, including statements regarding mineral resources and the Company's plans with respect to the exploration and development of its properties. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. There are a number of risk factors that could cause future results to differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at .

本新聞稿中的某些信息可能構成前瞻性信息,包括有關礦產資源的陳述以及公司勘探和開發其物業的計劃。 這些信息基於當前的預期,這些預期存在重大風險和不確定性 這很難預測。實際結果可能與任何前瞻性結果中建議的結果存在重大差異 聲明。除非適用於公司的證券法有要求,否則公司沒有義務更新前瞻性陳述,也沒有義務更新實際業績可能與前瞻性陳述中反映的結果不同的原因。有許多風險因素可能導致未來的結果與此處描述的結果存在重大差異。識別風險和不確定性的信息包含在公司向加拿大證券監管機構提交的文件中,這些文件可在以下網址查閱

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

多倫多證券交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。

CONTACT INFORMATION:
Mike Taylor, President & CEO
Contact: 506-623-8960 mike@slamexploration.com
Eugene Beukman, CFO
Contact: 604-687-2038 ebeukman@pendergroup.ca SEDAR+: 00012459
聯繫信息:
邁克·泰勒,總裁兼首席執行官
聯繫人:506-623-8960 mike@slamexploration.com
尤金·博克曼,首席財務官
聯繫人:604-687-2038 ebeukman@pendergroup.ca SEDAR+:00012459

A photo accompanying this announcement is available at

本公告附帶的照片可在以下網址獲得


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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