SLAM stakes new cobalt project in Bathurst Mining Camp

Base metals-focused project generator SLAM Exploration's shares jumped 50% on Friday after the junior announced that it had acquired a new cobalt exploration property in the Bathurst Mining Camp of New Brunswick through claim staking. The Miramichi, New Brunswick-based explorer said it had staked 67 units in three mineral claims comprising 1 863 ha that cover a historic mineral discovery known as the Reids Gulch cobalt/nickel/copper/zinc occurrence.