Silverjack NewsIt wouldn't surprise me to see Friday's Silverjack trenching news released again today as they've done it in the past. Lucky 13? Go SLAM!
SLAM REPORTS MORE TRENCH RESULTS FROM SILVERJACK
Slam Exploration Ltd. has released trenching results from its Silverjack property in New Brunswick. A total of 14 trenches were completed for a total of 2,600 linear metres. Fifty grab samples were collected from 13 trenches, where copper, lead and/or zinc mineralization was observed.
Two trenches were dug on copper occurrences. A copper vein newly discovered during the summer by Slam's exploration team 1,000 metres south of the Silverjack zone was excavated over a strike length of 80 m. The vein ranges up to 30 centimetres wide and is open along strike and at depth. Eight grab samples from this trench returned values ranging up to 8.0 per cent copper, 86 grams per tonne silver, 1,480 parts per million cobalt, 1.82 ppm indium and 222 parts per billion gold. The other copper occurrence is near the historical Doyle vein located 1,200 m west of the Silverjack zone. Trench No. 13 uncovered this vein along strike west of the historical occurrence. Four grab samples over a strike length of 40 metres grade from 0.35 per cent to 2.4 per cent copper and from 12 g/t to 263 g/t silver.
The remaining 11 trenches uncovered four separate mineralized horizons ranging from 0.5 to five m wide up to 1,600 m south of the Silverjack zone. Grab samples from these trenches range from 0.63 to 7.76 per cent zinc and 0.85 to 4.66 per cent lead with minor values in copper (of up to 0.5 per cent) and silver (of up to 33 g/t).
These mineralized horizons are associated with altered limestones, conglomerates and sandstones similar to those hosting the Silverjack zone, where Slam previously drilled high-grade core intervals ranging up to 653 g/t (19.05 ounces per ton) silver, 2.69 per cent copper, 2.00 per cent zinc and 2.34 per cent lead over a 0.75-metre-core interval. This high-grade sample occurs within a 6.6-metre interval grading 268.20 g/t silver (7.82 ounces per ton), 1.27 per cent copper, 5.65 per cent zinc and 4.53 per cent lead as announced in Stockwatch by press release on Feb. 16, 2010.
Slam has completed 2,100 m of the 3,000-metre drilling program. The initial focus was to extend the high-grade Silverjack zone with a series of 12 shallow holes testing four sections spaced at 20-metre intervals. Assays are pending on these holes. Hole SJ10-36, drilled beneath the new copper discovery, intersected a 0.4-metre interval of semi-massive sulphide mineralization at a depth of 20 metres. The drill is currently testing a soil anomaly in the vicinity of the lead-zinc-bearing horizons identified by trenching 1,600 m south of the Silverjack zone. Additional targets include step-outs from hole 36 to test further the new copper occurrence, as well as the Doyle copper occurrence.
The recently expanded Silverjack property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3,715 hectares. The property is four kilometres from the Belledune smelter and seaport and is adjacent to Slam's Nash Creek property composed of 406 mineral claims covering 6,496 hectares. The trenching and drilling program are being financed in part by a provincial grant of $35,000 under the New Brunswick junior mining assistance program.