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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 Miramichiteon Jan 04, 2013 9:41am
211 Views
Post# 20797007

RE: RE: WAIT TO SEE ASSAY RESULTS FIRST

RE: RE: WAIT TO SEE ASSAY RESULTS FIRST

"This is funny, most samples have some visible gold." .....                         Oh really, JIMMY !! And when was the last time you found a quartz vein with visible gold ? More so, WHERE did you see a near surface quartz vein with visible gold ?  I'll pay cash for your gold !  

Here's an exerpt from a 1989 LORE magazine of Milwaukee Public Museum illustrating the rareness of finding a near surface matrix with visible gold ...........................................................................................

 

Gold Prospecting in the New West

 

by Rodney Watkins

EDITOR'S NOTE: This article is reprinted from LORE magazine (vol 39, no. 2, (Summer, 1989), p. 26-30), a benefit of museum membership. ©1996 Milwaukee Public Museum, Inc...............................................

These two factors have revolutionized the definition of economically minable gold ore. Rich veins with visible gold at the ground surface have virtually all been discovered and mined over the past one hundred and forty years. In contrast to these veins, which carried a half-ounce or more of gold per ton of rock, the deposits sought by today's prospector (or explorationist, as he prefers to be called) contain less than one tenth of an ounce of gold per ton and are usually concealed beneath the ground. The gold in such deposits occurs as microscopic particles, and millions of tons of rock must be mined to obtain economic results. The search for these large volume, low grade gold deposits has produced a type of prospecting which is quite different from that of years gone by.

And, Bagholder, with visible gold, we can pretty much expect favorable assay results ! 

 

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