RE: RE: just a reminderIf you're going to remind anyone of any of SLAM's fundamentals then mention of the Nash Creek open pit amenable zinc-lead-silver deposit with all infrastructure in place is a must. Oh, can I also remind people that the deposit is worth over $1/2 BILLION, and with SLAM trading at 4 pennies, the co. has a $ 4 million market cap. HMMM...Let's remind everyone of this too, shall we. Happy Hallowe'en!
"The Nash Creek property comprises 469 claims covering 7,504 hectares and is host to the Nash creek zinc-lead-silver deposit. A power-line, railway and major highway transect the property and provide direct access from the deposit to the Belledune seaport and lead smelter within 25 km. Xstrata's BMS No. 12 mine and mill is within 75 km.
After mill recoveries are factored in, the Nash Creek deposit contains indicated resource of 468M lbs zinc, 95M lbs lead and 4.6M oz silver, plus inferred resource of 71M lbs zinc, 14M lbs lead and 0.7M oz silver These occur within an indicated resource of 7,807,900 tonnes grading 2.72% zinc, 0.55% lead and 18.26 g/t silver plus an inferred resource of 1,211,700 tonnes grading 2.66% zinc, 0.52% lead and 18.00 g/t silver. SLAM reported the indicated and inferred resources by press release on 12 February, 2009. The near-surface deposit is amenable to open pit mining and remains open to the north and south. "