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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 mallgirlon Sep 18, 2009 2:02pm
322 Views
Post# 16319186

RE: RE: Another Catalyst?

RE: RE: Another Catalyst?The company's last financing was predominantly to drill the TSN Zone-a zinc-lead-silver-gold-copper-cobalt-kitchen sink discovery.  The first few holes didn't quite "live up" to expectations from grab and trench samples.  the drill program stopped with th ereason provided that the drill sites could not be accessed due to heavy snow.  So the remainder of the program was never completed.

Over the summer, a nr in a NB paper stated that Mike Taylor was out West trying to arrange a JV for some of the gold properties, and that they would be a focus in the upcoming season.  I believe, mooreman can confirm, that all work was essentially stopped over the summer to preserve cash.  Wise move in my opinion. 

So, what's the plan now? Does this rare earth news change the focus for the co. again?  We should hopefully know soon.  Like I said, any announcement of work should boost us further.  Especially work on Nash now.
Bullboard Posts