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SLAM Exploration Announces Drilling Results from Nepisiguit Project; Shares Steady at 7 cents

SLAM Exploration Ltd. (SXL.V) today announced drilling results from its wholly-owned Nepisiguit project located in New Brunswick.

The minerals resource company reported a 4.1 m core interval grading 0.30% copper, 10.11% zinc, 1.24% lead and 33 g/t silver at a depth of 622 m in hole NP11-39. This high grade interval occurs within an 11.2 m zone of massive sulphides, and is the deepest intercept in a series of holes NP11-25 to NP11-39, the company added.

SXL shares are now unchanged at 7 cents a share and are trading just $0.025 above year low 3 cents. More than 68.4 thousand shares have already changed hands.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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