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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 OrangeFairyon Nov 21, 2011 3:54pm
277 Views
Post# 19255310

RE: RE: Freight Cost & Assay

RE: RE: Freight Cost & AssayI found it in the news release, Oct 27/11 on Slam website for NEP for hole 16 & 17. So, I figure the rest of the sample went to that lab. Slam is following standard procedure - read the news releases.
The thing we have to keep in mind is, IF there are excellent results, Xstrata will be looking at this. Because NEP mine site is close to Xstrata minesite and Xstrata BMS minesite's in declining. Freight can cost over $100M for shipping heavy equipments or machinery. It there are good results, it would make perfect sense for Xstrata to buy out NEP. 
And of course, I want a fair price. IMO
Bullboard Posts