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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 Solveron Jan 08, 2011 12:05pm
548 Views
Post# 17943488

Assay results and delays

Assay results and delays
    Reading between the lines the most likely scenario is that the majority of the assays are complete, but a few may have to have been re-run.  A gold re-run will take a full day when fire assayed.

Re-runs are done for various reasons such as incorrect flux mix for fire assays.  Even very experienced assayers do not always get the mix correct for the core composition.  A standard flux mix may need adjustments  made for re-runs.  Antimony/Bismuth/other elements can be miserable if present in high doses.  Rarely will the assayer miss the 2nd time as he will know exactally what he is dealing with after the 1st firing. (Experience)

Also and more probable in this case is that some of the gold assays were very high and needed to be varified by re-sampling and re-firing.  This delay is good for us.  It means that the sample size used was too large and not all the gold was recovered in the sample.  Re-run results are often higher when this happens.  Labs try to use as large a sample size as practical to give an accurate representation of the sample analyzed.

Perhaps all the gold/silver beads are done and still need to be cleaned up by analysis for Bismuth (by AA) to achieve an accurate analysis.

We want accuracy not speed, though sometimes difficult to endure.

Solver
Bullboard Posts