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 Bruneron Jan 28, 2006 12:57pm

80 Views

Post# 10260924

Thinking to jump in

The indicated zinc resource at Nash Creek property is worth around $374 million only at todays prices + inferred + lead + silver. SXL has a number of other properites as well (4 gold). I think the share price at $0.13 where the market value is only slightly over $4 million is a real bargain. The upward trend starting to be visible. SXL has the goods.

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