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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf

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: 2026-08-21 01:37:59 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

SLAM Exploration reported gold soil assays up to 0.466 g/t gold from 766 samples around the Jake Lee discovery. The company also highlighted high-grade channel samples from the No. 1 gold vein, including gold up to 40.5 g/t and silver up to 63.30 g/t.

Reasoning: The release reports soil anomalies and high-grade channel samples from a recent discovery, though soil results are low-confidence indicators of orebody extent.

- Positive factor: Anomalous soil gold values identified

- Positive factor: High-grade channel samples from vein

- Positive factor: QA/QC procedures and lab disclosure provided

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

Facts used in scoring: 6

## 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: Company references proximity to 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: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf#fact-drill-facts-0)

Jake Lee · gold

#### Identity

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

#### Geometry

- Grade: 0.466
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Review

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

#### Dates

- Event date: 2026-03-02T00:00:00.000Z

Reasoning: Soil sample peak grade of 0.466 g/t gold indicates potential mineralization.

- Positive factor: Anomalous soil values

- Negative factor: Surface sampling is indirect

Evidence · text

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

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf#fact-drill-facts-1)

Jake Lee · gold

#### Identity

- 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

#### Classification

- Sample Type: channel

#### Review

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

#### Dates

- Event date: 2026-03-02T00:00:00.000Z

Reasoning: 40.5 g/t gold over 0.4m is a strong high-grade channel sample.

- Positive factor: High grade intercept

Evidence · text

> channel samples grading up to 40.5 g/t gold

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf#fact-drill-facts-2)

Jake Lee · silver

#### Identity

- 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

#### Classification

- Sample Type: channel

#### Review

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

#### Dates

- Event date: 2026-03-02T00:00:00.000Z

Reasoning: 63.30 g/t silver reported in channel samples.

- Positive factor: High silver grade

Evidence · text

> 63.30 g/t silver over 0.40 meters

### GW24-02

[Link to this fact](https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf#fact-drill-facts-3)

Goodwin Copper Nickel Cobalt · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GW24-02
- Project: Goodwin Copper Nickel Cobalt
- Commodity: copper
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 0.73
- Grade Unit: %
- Intercept: 64.9 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-08-07T00:00:00.000Z

#### Dates

- Event date: 2026-03-02T00:00:00.000Z

Reasoning: Historical drill intercept from 2024.

- Positive factor: Significant width

- Negative factor: Historical data

Evidence · text

> 64.90 meter core interval, grading 0.73% copper

### GW24-02

[Link to this fact](https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf#fact-drill-facts-4)

Goodwin Copper Nickel Cobalt · nickel

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GW24-02
- Project: Goodwin Copper Nickel Cobalt
- Commodity: nickel
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 0.64
- Grade Unit: %
- Intercept: 64.9 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-08-07T00:00:00.000Z

#### Dates

- Event date: 2026-03-02T00:00:00.000Z

Reasoning: Historical drill intercept from 2024.

- Positive factor: Significant width

- Negative factor: Historical data

Evidence · text

> 0.64% nickel

### GW24-02

[Link to this fact](https://atlas-staging.minestarters.com/news/slam-reports-soil-samples-up-to-0-466-g-t-gold-at-jake-lee--b533f6fb-34c0-4485-8593-ee524040ffbf#fact-drill-facts-5)

Goodwin Copper Nickel Cobalt · cobalt

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: GW24-02
- Project: Goodwin Copper Nickel Cobalt
- Commodity: cobalt
- Region: canada\_nb
- Reported Region: New Brunswick, Canada
- Ticker: SXL

#### Geometry

- Grade: 0.05
- Grade Unit: %
- Intercept: 64.9 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2024-08-07T00:00:00.000Z

#### Dates

- Event date: 2026-03-02T00:00:00.000Z

Reasoning: Historical drill intercept from 2024.

- Negative factor: Historical data

Evidence · text

> 0.05% cobalt

## 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.
