Slam Exploration drills 20.6 m Mr. Mike Taylor reports
SLAM DRILLS 20.6 M MASSIVE SULPHIDE INTERVAL
Slam Exploration Ltd. has drilled a 20.6-metre interval of massive sulphides grading 0.50 per cent copper, 6.66 per cent zinc, 2.85 per cent lead and 111 grams per tonne silver from the recently completed 14,000 m drilling program at its wholly owned Nepisiguit project located 15 kilometres west of the BMS No. 12 mine operated by Xstrata in northern New Brunswick.
The Company has engaged Wardrop, a Tetra Tech Company (Tetra Tech) to complete a Technical Report to define a NI-43-101 compliant resource including a near-surface component amenable to open-pit mining at Nepisiguit. This Technical Report will be based mainly upon the 85 holes drilled to date by Slam including the 70-hole program just completed. Selected results for holes NP11-75 to NP11-85 are summarized in the table below.
Hole ID From m Length m True Width*m Copper % Zinc % Lead % Silver g/mtNP11-75 27.40 20.60 17.92 0.50 6.66 2.85 111NP11-75 27.90 5.10 4.44 0.28 14.18 5.18 121NP11-76 60.50 4.90 4.26 0.25 3.06 0.96 38NP11-77 63.00 4.30 3.74 0.31 2.14 0.75 25NP11-78 65.00 3.00 2.61 0.31 2.58 0.23 7NP11-78 82.00 5.40 4.70 0.60 1.21 0.17 19NP11-79 88.20 2.30 2.00 0.76 1.61 0.33 36NP11-82 8.00 13.00 11.31 0.22 3.16 0.46 18NP11-85 90.5 0.45 0.39 0.43 5.75 2.1 50*True widths are preliminary estimates based on observed core angles.