# SLAM Cuts High Grade Gold &amp; Silver in Channel Samples

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5

Original source: https://money.tmx.com/en/quote/SXL/news/5163922736696277/slam-cuts-high-grade-gold-silver-in-channel-samples

Publisher: tmx

Original announcement: 2026-01-14T12:23:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: SLAM Exploration Ltd.

- Ticker: SXL

- Exchange: TSX

- Region: New Brunswick, Canada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-09-13 02:52:46 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

SLAM Exploration reported high-grade gold and silver assays from channel samples across the No. 1 vein at the Jake Lee project in New Brunswick. Intercepts include up to 40.5 g/t gold and 63.3 g/t silver, with samples also extending into the surrounding wall rock.

Reasoning: High-grade gold \(up to 40.5 g/t\) and silver \(63.3 g/t\) intercepts in channel samples across the No. 1 vein, providing strong evidence of mineralization continuity.

- Positive factor: High grade gold intercepts in vein

- Positive factor: QA/QC disclosed

- Positive factor: Nearology play

- Negative factor: Channel sampling is not drilling

Facts used in scoring: 6

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 40.5 g/t gold is exceptionally high grade.

Evidence · table

> 40.500

Context: 0.40

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions Actlabs, fire assay, and atomic absorption methods.

Evidence · text

> delivered directly to Actlabs in Fredericton, New Brunswick for analysis.

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Project is located 25km from the Clarence Stream gold deposit.

Evidence · text

> The Jake Lee project is located 25 kilometers southeast of the Clarence Stream gold deposit

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### JLCS1

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5#fact-drill-facts-0)

Jake Lee · gold

#### Identity

- Hole ID: JLCS1
- Project: Jake Lee
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 31.3
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 0 m
- To: 0.4 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: channel
- Group ID: JLCS1:0.0-0.4

#### Location

- Location: No. 1 vein
- Easting: 690634
- Northing: 5010680.8
- Loc. Source: document

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: fire assay, atomic absorption, gravimetric

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-14T00:00:00.000Z

Reasoning: 31.3 g/t gold is a very high grade for a vein intercept.

- Positive factor: High grade gold

- Negative factor: Channel sample

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JLCS1

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5#fact-drill-facts-1)

Jake Lee · silver

#### Identity

- Hole ID: JLCS1
- Project: Jake Lee
- Commodity: silver
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 63.3
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 0 m
- To: 0.4 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: channel
- Group ID: JLCS1:0.0-0.4

#### Location

- Location: No. 1 vein
- Easting: 690634
- Northing: 5010680.8
- Loc. Source: document

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: fire assay, atomic absorption, gravimetric

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-14T00:00:00.000Z

Reasoning: Significant silver grade accompanying high gold.

- Positive factor: Silver credits

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JLCS2

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5#fact-drill-facts-2)

Jake Lee · gold

#### Identity

- Hole ID: JLCS2
- Project: Jake Lee
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 12.3
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 0 m
- To: 0.4 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: channel
- Group ID: JLCS2:0.0-0.4

#### Location

- Location: No. 1 vein
- Easting: 690637
- Northing: 5010683.8
- Loc. Source: document

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: fire assay, atomic absorption, gravimetric

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-14T00:00:00.000Z

Reasoning: 12.3 g/t gold is a strong intercept.

- Positive factor: High grade gold

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JLCS2

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5#fact-drill-facts-3)

Jake Lee · silver

#### Identity

- Hole ID: JLCS2
- Project: Jake Lee
- Commodity: silver
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 23.2
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 0 m
- To: 0.4 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: channel
- Group ID: JLCS2:0.0-0.4

#### Location

- Location: No. 1 vein
- Easting: 690637
- Northing: 5010683.8
- Loc. Source: document

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: fire assay, atomic absorption, gravimetric

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-14T00:00:00.000Z

Reasoning: Silver grade accompanies gold.

- Positive factor: Silver credits

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JLCS3

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5#fact-drill-facts-4)

Jake Lee · gold

#### Identity

- Hole ID: JLCS3
- Project: Jake Lee
- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 40.5
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 0 m
- To: 0.4 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: channel
- Group ID: JLCS3:0.0-0.4

#### Location

- Location: No. 1 vein
- Easting: 690641
- Northing: 5010686.4
- Loc. Source: document

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: fire assay, atomic absorption, gravimetric

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-14T00:00:00.000Z

Reasoning: 40.5 g/t gold is an exceptional grade.

- Positive factor: Bonanza Intercept

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JLCS3

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-cuts-high-grade-gold-silver-in-channel-samples--ebcea1af-5ae1-4cba-b4ce-4dde8c7f25e5#fact-drill-facts-5)

Jake Lee · silver

#### Identity

- Hole ID: JLCS3
- Project: Jake Lee
- Commodity: silver
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 25.1
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 0 m
- To: 0.4 m
- Intercept Depth: 0 m

#### Classification

- Sample Type: channel
- Group ID: JLCS3:0.0-0.4

#### Location

- Location: No. 1 vein
- Easting: 690641
- Northing: 5010686.4
- Loc. Source: document

#### QA/QC

- Laboratory: Actlabs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: fire assay, atomic absorption, gravimetric

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-14T00:00:00.000Z

Reasoning: Silver grade accompanies gold.

- Positive factor: Silver credits

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
