SLAM REPORTS UP TO 162.50 G/T GOLD FROM DIAMOND DRILLING PROGRAM More Assays Are Pending .
TSXV: SXL
SLAM REPORTS UP TO 162.50 G/T GOLD FROM DIAMOND
DRILLING PROGRAM
More Assays Are Pending .
For Immediate Release, December 13, 2021
Miramichi, New Brunswick ‐ SLAM Exploration Ltd. (“SLAM” or the “ Company” on TSXV: SXL ) is
pleased to announce assay results for the first 5 diamond drill recently completed on its wholly-owned
Menneval gold project located in the mineral- rich province of New Brunswick , Canada. Vein No. 18
returned up to 162.50 g/t gold over 0.2 m in hole BG2111 and anomalous gold is widespread in all 5
holes. Selected drilling results are shown in the following table:
Hole_ID Zone From_m Core Length_m Sample Gold_g/t
BG2109 No 18 Vein 15.25 0.20 34254 10.00
BG2111 No 18 Vein 17.15 0.20 34275 162.50
BG2111 No 18 Vein 33.72 0.80 34277 0.49
BG2112 No 18 Vein 26.28 0.20 34282 1.57
BG2113 No 9 Vein 3.25 0.85 34289 0.26
BG2113 No 9 Vein 8.30 1.20 34296 1.72
BG2113 No 9 Vein 10.50 0.40 34298 0.46
BG2113 No 9 Vein 30.50 0.65 34304 2.00
BG2114 No 22 Vein 3.90 0.10 34315 2.41
BG2114 No 22 Vein 7.00 0.90 34319 1.79
BG2114 No 22 Vein 9.85 0.20 34322 5.40
Holes BG21-09-BG21-12 were drilled to test vein No. 18. The BG2113 gold intercepts are extensions of
the No. 9 vein system discovered by SLAM in 2013. Hole BG2114 was drilled beneath Vein No. 22, part
of a swarm of gold veins discovered by SLAM in the 2020-21 trenching program.
A total of 20 holes were drilled for a total program of 1222 m as reported September 19, 2021 and
October 13, 2021. Assays are pending on 5 additional holes BG21 -15 to BG21-19 all designed to further
test the No. 22 vein swarm, for 3 holes BG21 -20 to BG21- 22 that tested the No. 2 vein and for an
additional 6 holes BG21-23 to BG21-28 drilled on the No. 18 vein. For additional information and maps
visit Menneval Gold Project or call Mike Taylor 506-623-8960.
The Menneval Project: The Company drilled 20 holes to test the strike and depth extent of the swarm of
new gold veins discovered in the 2020-2021 trenching program on its flagship Menneval Gold project .
The expanded property is comprised of 572 mineral claim units covering 12,390 hectares located in
northwestern New Brunswick. The Company holds a 100% interest in these claims with the exception of
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4 claim units covering 105 hectares that are subject to a 1.5% NSR. The Company can buy down 0.5% of
the NSR for $500,000 and it has the right of first refusal on the remaining 1% NSR.
About SLAM Exploration Ltd:
SLAM is a project -generating resource company focused on is its flagship Menneval Gold project where
the 2021 trenching program is underway. The Company intends to conduct preliminary prospecting and
geochemistry on the Gold Brook, Birch Lake gold, Wilson gold and Ramsay gold projects in the vicinity of
the Puma Exploration Ltd. gold discovery at Williams Brook on the Millstream Break. SLAM also expects
to conduct preliminary programs on the Jake Lee, Mount Victor and other gold properties on the flanks
of the Sawyer Brook and Wheaton Bay faults in the vicinity of Galwa y’s Clarence stream gold deposit .
SLAM owns the Reserve Creek , Opikeigen and Miminiska gold projects in Ontario and the Mount
Uniacke gold project in Nova Scotia. The Company owns a portfolio of base metal properties in the
Bathurst Mining Camp (“BMC”) that is subject to an option agreement . SLAM holds NSR royalties on the
Superjack, Nash Creek and Coulee zinc-lead-copper-silver properties in the BMC.
The Company has generated cash from the sale of securities received from mineral property option
agreements with other companies and has sufficient funds for the work currently in progress. Additional
information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings
at www.sedar.com. Follow us on twitter @SLAMGold.
$20,000 NBJMAP Grant: The Menneval drilling program was supported in part by a grant of $20,000
under the New Brunswick Junior Mining Assistance Program (“NBJMAP”). The Company wishes to thank
the Province for this recognition of the Menneval project and its importance to the emerging gold
industry in New Brunswick.
QA‐QC Procedures: Core was picked up at the core at the drill site and delivered to a secure facility for
logging by SLAM’s professional team . Selected core was marked for sampling and for sawing. The
company inserted blanks and standards into the sample series. SLAM requested gold analysis using ALS
analytical code Au-AA23. Sample above 10 g/t gold were re-analyzed using their gravimetric method Au-
Gra21.
Qualifying Statements: Mike Taylor P.Geo, President and CEO of SLAM Exploration Ltd., a qualified
person as defined by National Instrument 43 -101, approves the technical information contained in this
news release.
Certain information in this press release may constitute forward- looking information, including statements
that address the Private Placement, the closing of the Private Placement, future production, reserve
potential, exploration and development activities and events or developments that the Company expects.
This information is based on current expectations that are subject to significant risks and uncertainties
that are difficult to predict. Actual results might differ materiall y 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 www.sedar.com. 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.
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CONTACT INFORMATION:
Mike Taylor, President & CEO
Contact: 506-623-8960 [email protected]
Eugene Beukman, CFO
Contact: 604-687-2038 [email protected] SEDAR: 00012459E