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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 jsnfernleyon Feb 24, 2012 11:24am
331 Views
Post# 19579804

RE: Slam Exploration drills 20.6 m

RE: Slam Exploration drills 20.6 m

These results like most of the last batch were from the Nep C zone, not the main (Nep A) deposit.  Slightly lower grade in general than the A zone but nice thicknesses and an occasional higher grade interval.

Spoke to Brian last week, Trevali is stockpiling material for running at the Brunswick #12 mill.  They need 8,000 tonnes per day minimum to run.  Xtrata can run in batches, and obviously Trevali cannot provide that kind of tonnage daily, so it stockpiles for batch processing when the mill is available from Xtrata.  There is no reason Slam can't do this as well.

Spoke to Sara last week as well, they think the Nep A zone will come in at about 3m mt and the C zone at about a half mil mt.

For those (or the one) spewing the nonsense about retread properties, etc., remember that Stratmat was discovered in 1961, Halfmile in 1955.  They're going into production now in earnest.  Nep A?  1956.  These and other deposits in NB are smaller, but there is only on B #12.  The world changes.

 

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