Slam Exploration Ltd V.SXL

Alternate Symbol(s): SLMXF

Metals & Mining Industrial Metals & Minerals

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

Slam Exploration Ltd

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Post by repap_nbon Oct 21, 2011 9:25pm

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Post# 19172379

Any of NEP,SJ,NC could produce this value

Grade - Zn (%)		4.00%	4.00%	4.50%	4.50%
Grade - Pb (%)		1.00%	1.00%	1.00%	1.00%
Grade - Cu (%)		0.00%	0.00%	0.00%	0.00%
Grade - Ni (%)		0.00%	0.00%	0.00%	0.00%
Grade - Ag (g/tonne)		25	25	25	25
Grade - Au (g/tonne)		0	0	0	0
Recovery Factor (%)		80.00%	80.00%	80.00%	80.00%
Mill Processing (tpd)		3000	3000	2000	3000
Mine Life (years)		15	15	15	15
Operating Days/Yr		360	360	360	360
% of Tonnes Consumed		90.00%	90.00%	90.00%	90.00%
Long-Term Zn Price (US$/lb)		$ 1.00	$ 1.20	$ 1.00	$ 1.00
Long-Term Pb Price (US$/lb)		$ 1.00	$ 1.00	$ 1.00	$ 1.00
Long-Term Cu Price (US$/lb)		$ 1.80	$ 1.80	$ 1.80	$ 1.80
Long-Term Ni Price (US$/lb)		$ 2.00	$ 2.00	$ 2.00	$ 2.00
Long-Term Ag Price (US$/oz)		$ 25.00	$ 25.00	$ 25.00	$ 25.00
Long-Term Au Price (US$/oz)		$ 1,200.00	$ 1,200.00	$ 1,200.00	$ 1,200.00

Value	Zinc	$ 62,208,000	$ 74,649,600	$ 46,656,000	$ 69,984,000
	Lead	$ 15,552,000	$ 15,552,000	$ 10,368,000	$ 15,552,000
	Copper	$ -	$ -	$ -	$ -
	Nickel	$ -	$ -	$ -	$ -
	Silver	$ 17,052,632	$ 17,052,632	$ 11,368,421	$ 17,052,632
	Gold	$ -	$ -	$ -	$ -
Subtotal		$ 94,812,632	$107,254,232	$ 68,392,421	$102,588,632

Average Oper. Cost ($/Tonne)		$ 75.00	$ 75.00	$ 65.00	$ 65.00
Operating Cost (annual)		$ 81,000,000	$ 81,000,000	$ 46,800,000	$ 70,200,000
Initial Capital Costs		$ 50,000,000	$ 50,000,000	$ 50,000,000	$ 50,000,000
Sustaining Capital ($/Yr)		$ 7,500,000	$ 7,500,000	$ 7,500,000	$ 7,500,000

Discount Rate (%)		12%	12%	12%	12%

# Shares		190,000,000	190,000,000	190,000,000	190,000,000
Value/Share		$ 0.17	$ 0.29	$ 0.33	$ 0.45