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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
Comment by sydenhamon Aug 18, 2010 11:02pm
385 Views
Post# 17363776

RE: Upcoming Program

RE: Upcoming ProgramAfter reading this plus other comments by mooreman earlier, there's plenty of reason for optimism, once again as we approach Silverjack. 

Last winter, of the 20 holes drilled, 16 hit high grades of silver-zinc-copper-lead mineralization.  The highest grades encountered in the program were quite economic values - 19 ozs. silver, 14.6% zinc, 12.8% lead and 2.7% copper.

Approximately 1/2 of the intersections were 3.0 - 6.6 m in width.  These widths are significant for this type of deposit.  As mallgirl posted before, there are many similar deposits in the world being mined with average widths of 2-3 m.

There's always several occurrences of mineralization in these systems.  It is highly probable that more zones exist at depth...not only on Silverjack but Nash Creek as well; and zones at depth are usually higher grade.

So, once again we go into a project where the likelihood is quite good to hit high grades over thick intersections.  What particularly has me intrigued is the probability of more zones, and at higher grades at depth.  

We improved results at our Ont. gold properties over past results, and there's every indication that this could happen again here. 
Bullboard Posts