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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 Mar 25, 2011 12:32pm
422 Views
Post# 18341017

Limestone host rock- Cobalt addition.

Limestone host rock- Cobalt addition.
    Green-guy.  We've posted the merits of DMS (Dense material separation) several times.  Read up on DMS process.  Thats the advantage of having limestone as a host rock.  The larger the density difference between  the mineralized (sulphide) ore and host limestone, the better the chances of separating the two on site by DMS and sending only the concentrate to process.  Saves shipping, and processing costs ($$/tonne).  Environmentally friendly....minimum impact.

This was the 1st time that I have seen reference to cobalt.  At a conservative estimate of 0.05% Co we could add approximately $20/tonne value.  If DMS testing proves out, cobalt alone could pay the shipping and processing, leaving all the othe metals (silver, gold, copper, lead, zinc, REEs)  as cash cream.  Just another gleamed small tid bit.

Since we seem to have a lot of new share buyers, this synopsis is ideal for them to see what values lie in wait for them as the projects continue to maturity.  Although mostly a repeat, it should help give direction for those who are just coming on board, the mining savey........especially for those who are able to calculate share value vs property value.

Still waiting for analysis on the deep hole.......that could be another ball game......a positive!

Solver
Bullboard Posts