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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 Solveron Dec 07, 2011 8:48am
274 Views
Post# 19298375

RE: Gold in NB

RE: Gold in NB
    Just wondering MM about your statement referring to the reddish host rock:  Quote:

 "This is probably due to the presence of sulphides in the rock."

I have never seen sulphides/sulphates/sulphites give a red color but mainly would think it is the mixed presence of iron as an oxide.  The sulphitized host probablycontains a great deal of iron oxide inaddition. 

To me the iron is a critical component for visible gold to be formed.  Dissolved gold in in an acidic solution will "flop" out as metallic gold when iron filings are added to it or the gold will deposite on an iron plate as visible gold.  Iron is a necessary component to form visible gold.  This is the principal of gold-iron ion exchange...under the right conditions. 

What ever the case, it would take a considerable concentration of gold in the host rock to procuce metallic or visible gold so am in total agreement with you on very interesting possibilities!

Solver.
Bullboard Posts