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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 Jan 17, 2010 11:04am
376 Views
Post# 16688201

RE: RE: RE: RE: RE: RE: Gov't. Relations

RE: RE: RE: RE: RE: RE: Gov't. RelationsDo you guys actually live in Canada?  If so, I take it it's under a rock.  Not only do I disagree with you, but every exploration and mine manager in Canada would too.  Enough of the social commentary and back to SLAM.  Bitumen, you have a very narrow view on the feasibility of deposits.  Please read mooreman's previous post below.  I know it won't matter to you or fragman, but he's a geologist so he knows a thing or two about the industry.

 But as I've commented on in the past, grades alone don't make a project feasible.  Tonnage, mining methods/recovery and location are all key factors.  As you know, Nash Creek is open pit amenable with the deposit's depth generally from surface to 75m.  All infratsructure is in place with power lines, a major highway and a railway line transecting the property.  Mills, a smelter and a seaport are all within 50 km or so.  These factors potentially save tens-hundreds of millions of dolllars in development costs.  So those that dismiss the company based solely on the grades of the deposit are missing out on an extremely undervalued investment opportunity in a future revenue generating company.
Bullboard Posts