# SLAM Reports Soil Samples up to 0.466 g/t Gold at Jake Lee

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--ad40a4c7-31db-431a-8024-19aa1e4f1a54

Original source: https://money.tmx.com/en/quote/SXL/news/6087811926047573/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee

Publisher: tmx

Original announcement: 2026-03-02T12:23:00.000Z

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 02:45:52 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

SLAM Exploration reported gold soil samples up to 0.466 g/t gold from a 766-sample grid at the Jake Lee project. The company also highlighted high-grade channel samples from the No. 1 gold vein, including gold grades up to 40.5 g/t and silver up to 63.30 g/t.

Reasoning: The release reports new soil geochemistry and high-grade channel samples from the Jake Lee project, providing early-stage exploration evidence for a gold vein.

- Positive factor: Anomalous soil gold values identified

- Positive factor: High-grade channel samples from No. 1 vein

- Positive factor: QA/QC procedures and lab \(Actlabs\) disclosed

- Positive factor: QP sign-off provided

- Negative factor: Soil samples are early-stage exploration indicators

Facts used in scoring: 3

## 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 Actlabs analysis using specific fire assay and ICP methods.

Evidence · text

> Actlabs analyzed all the samples for gold using procedure 1A2

**Nearology Play**

Polarity: neutral

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

Why it applies: The company positions the project near the Clarence Stream gold deposit.

Evidence · text

> The Jake Lee claims are located 25 kilometers southeast of the Clarence Stream gold deposit

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--ad40a4c7-31db-431a-8024-19aa1e4f1a54#fact-drill-facts-0)

gold

#### Identity

- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 0.466
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### 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: 2026-03-02T00:00:00.000Z

Reasoning: Soil geochemistry is a preliminary exploration tool.

- Positive factor: Identifies anomalous gold in soil

Evidence · text

> gold assays up to 0.466 g/t gold from 766 soil samples

#### 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

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--ad40a4c7-31db-431a-8024-19aa1e4f1a54#fact-drill-facts-1)

gold

#### Identity

- Commodity: gold
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 40.5
- Grade Unit: g/t
- Intercept: 0.4 m

#### Classification

- Sample Type: channel

#### 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: 2026-03-02T00:00:00.000Z

Reasoning: High-grade gold intercept from channel sampling.

- Positive factor: High-grade intercept

Evidence · text

> 40.5 g/t 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

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--ad40a4c7-31db-431a-8024-19aa1e4f1a54#fact-drill-facts-2)

silver

#### Identity

- Commodity: silver
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 63.3
- Grade Unit: g/t
- Intercept: 0.4 m

#### Classification

- Sample Type: channel

#### 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: 2026-03-02T00:00:00.000Z

Reasoning: Silver byproduct grade in channel sample.

- Positive factor: Significant silver grade

Evidence · text

> 63.30 g/t silver

#### 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.
