Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Slam Exploration Ltd V.SXL

Alternate Symbol(s):  SLMXF

SLAM Exploration Ltd. is a Canadian junior resource company holding a portfolio of gold and base metal projects. The Company is engaged in the acquisition, exploration and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. The Company's projects include Mine Road Project, Menneval Gold Project, Ear Falls Lithium Project, Jake Lee Gold Project, Highway Gold Project, Keezhik Gold, Dam Lake Project, and others. The Mine Road Project is a significant addition to its portfolio of wholly owned BMC projects that include Goodwin, O'Hearn-Strachens, California Lake, Lower 44, LBM, North Rim, Portage, Satellite, Nine Mile, and Red Pine. The Highway project has demonstrated polymetallic potential with 10 known mineral occurrences that include zinc, silver, copper, cobalt, molybdenum and tin as well as gold. The Company holds NSR royalties on the Wedge copper zinc project, Ramsay, Reserve Creek, and Opikeigen gold projects.


TSXV:SXL - Post by User

Bullboard Posts
Post by sydenhamon Jun 30, 2010 10:29pm
615 Views
Post# 17236693

What's Next?

What's Next?Well, lots really.

1)  The remaining assays from this Keezhik hole (the bottom part of hole, from prophyry contact to end of hole)

2)  Miminiska assays - today announced that VG (again) was present and noticed when the core was sawn for assay.

3)  Opikeigan assays - from 4 holes.  Holes intersected extensive quartz veining, some of which can be seen in Casey report, as well as sulphide zones.  Quartz veining contained gold in past.

4)  Reserve Creek assays - 3 holes; all holes intersected VG

All together, there are approx. 1200 samples sent for assay from the 4 properties.

5) Co. is currently mapping and sampling Silverjack silver-copper-zinc-lead project in preparation for trenching and drilling.

6)  Trenching to take place on Silverjack, Mitchell (copper) properties.

7)  3000 m of drilling to take place on Silverjack-Nash Creek to further expand the resource of these combined properties that currently have over 9 million tonnes (silver-zinc-lead) outlined.  This future open pit mine is currently worth approx. 500-600 MILLION.  The deposit is open pit amenable with all infrastructure in place incl. power lines, highway and railway.

8)  Both eResearch and Casey Research have both commented on the potential of an arrangement with Xstrata to feed their mill/smelter since operations only have 1 year left.  Any expansion of our resource adds to SLAM's value and appeal to Xstrata - financially, politically.

I'm sure I'm missing a few things, but today's assay was only the first of many of assays and nrs to be released this summer.
Bullboard Posts