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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 cartach13on Jan 13, 2010 4:49pm
303 Views
Post# 16675448

RE: RE: RE: RE: 7 million reasons for-snobel

RE: RE: RE: RE: 7 million reasons for-snobel What's good for Xstrata in that area is good for SXL.  Blue Note Mining  [in which I lost a bundle] as I recall  had an agreement with Xstrata to take their ore for refining.  Proximity of this service ties in with future advantages of mine location,as does deep sea shipping facilities. Also any reduction in operating costs for Xstrata at their existing facility reduces the possibility, no matter how remote, of a reduction in operating capacity or even closure in future. There are a lot of what-ifs and different scenarios here but the bottom line is the more profitable Xstrata's operation is the better the outlook for their handling SXL's and other mining full outputs.
Bullboard Posts