# SLAM Drills 18 Meter Mineralized Vein System Along Strike From Channel Sample Grading 40.50 G/T Gold Over 0.40M at Jake Lee Gold Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/slam-drills-18-meter-mineralized-vein-system-along-strike-from-channel-sample-gr--a3a2fe8d-dcfa-4b61-b8f2-7988a08325dd Original source: https://money.tmx.com/en/quote/SXL/news/7086125363775942/slam-drills-18-meter-mineralized-vein-system-along-strike-from-channel-sample-gr Publisher: tmx Original announcement: 2026-05-27T11:23:00.000Z 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, Other - Extracted: 2026-09-13 02:40:15 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary SLAM Exploration has completed a 5-hole diamond drilling program at the Jake Lee Gold Project in New Brunswick, successfully intercepting mineralized quartz-calcite veining in all holes. Notable intercepts include an 18-meter and a 17-meter zone in hole JL26-05. The program was designed to test soil geochemical anomalies and follow up on high-grade channel samples. Reasoning: The drilling successfully confirmed the presence of mineralized quartz veining across the program, including a notable 18m zone, though specific assay grades for these new intercepts are pending. - Positive factor: Successful interception of mineralized quartz veining in all 5 holes - Positive factor: Discovery of significant width \(18m\) mineralized zones - Positive factor: QA/QC protocols disclosed including blanks and standards - Positive factor: Proximity to known high-grade channel samples - Negative factor: No specific gold grades reported for the new drill intercepts in this release \(only mineralization type described\) - Negative factor: Results are currently testing geochemical anomalies rather than a defined resource Facts used in scoring: 2 ## Classification and evidence **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 use of blanks and standards and submission to ActLabs. Evidence · text > Blanks and standards were included in each sample series. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is positioned near 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: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### JL26-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/slam-drills-18-meter-mineralized-vein-system-along-strike-from-channel-sample-gr--a3a2fe8d-dcfa-4b61-b8f2-7988a08325dd#fact-drill-facts-0) Jake Lee · gold #### Identity - Hole ID: JL26-05 - Project: Jake Lee - Commodity: gold - Region: canada\_nb - Reported Region: canada\_nb - Ticker: SXL #### Geometry - Intercept: 18.1 m - From: 70.9 m - To: 89 m - Intercept Depth: 70.9 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JL26-05:70.9-89 - Mining Method: underground #### QA/QC - Laboratory: ActLabs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-27T00:00:00.000Z Reasoning: Wide intercept of mineralized quartz-calcite veins confirmed. - Positive factor: Significant width of 18.1m - Negative factor: Grade not yet reported Evidence · text > an 18-meter zone of quartz veining from 70.90 to 89.00 meters #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "SLAM Drills 18 Meter Mineralized Vein System Along Strike From Channel Sample Grading 40.50 G/T Gold Over 0.40M at Jake " ### JL26-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/slam-drills-18-meter-mineralized-vein-system-along-strike-from-channel-sample-gr--a3a2fe8d-dcfa-4b61-b8f2-7988a08325dd#fact-drill-facts-1) Jake Lee · gold #### Identity - Hole ID: JL26-05 - Project: Jake Lee - Commodity: gold - Region: canada\_nb - Reported Region: canada\_nb - Ticker: SXL #### Geometry - Intercept: 17 m - From: 129.5 m - To: 146.5 m - Intercept Depth: 129.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: JL26-05:129.5-146.5 - Mining Method: underground #### QA/QC - Laboratory: ActLabs - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-27T00:00:00.000Z Reasoning: Wide intercept of quartz veining confirmed. - Positive factor: Significant width of 17.0m - Negative factor: Grade not yet reported Evidence · text > a 17-meter zone of quartz veining from 129.50 to 146.5 meters #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "SLAM Drills 18 Meter Mineralized Vein System Along Strike From Channel Sample Grading 40.50 G/T Gold Over 0.40M at Jake " ## 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.