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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
Post by rockhead1on Oct 07, 2010 9:25pm
448 Views
Post# 17543324

Focus

FocusAgain though the focus will be clearly on our Reserve Creek, Silverjack and potentially Nash Creek deposit (when we sell it off to some Chinese investors next weekend).

Reserve Creek: 16.85 m of 16.45 g Au/t (within a 47.5 m of 6.58 g/t)
                               30 m of 5.48 g Au/t (incl. 5.4m of 10 g, 6 m of 7.3 g, 1.4 m of 34 g, 0.3 m of 107 g)
                         

New Brunswick Trenching and Drill Targets

Silverjack:  drill assays up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead

Knowles Vein (Silverjack):  17 ton bulk sample grading 51 oz (1750 g) silver, 14.3 % lead, and 10.2 % copper.

Mitchell (now part of Silverjack):  grab samples up to 12.9% copper, 126 g silver/t

Nash Creek (SXL's deposit adjacent to Silverjack):  NI 43 101 compliant 9 million tonne silver-zinc-lead open pit amenable deposit with insitu value of $650,000,000; all infrastructure in place
Bullboard Posts