Portfolio of Bonanza Grade ResultsWilliams Brook (26 km gold anomaly) is just the latest quality property in SLAM's portfolio.
Below is a brief summary of some of SLAM’s key projects; a few of the more than 20 properties that they hold. When reviewing, remember that this company has a market cap currently hovering around $3.5 million…$3.5 million while there are a bevy of explorers out there trading at valuations of $10-$20 million and beyond that have yet to produce any significant gold, silver or base metal values.
Menneval – hosts discovery of up to 50 new quartz veins, notably Vein 18 which provided assays up to 3995 g/t gold, 1838 g/t gold (values are correct!); 4 of the veins host values in excess of 50 g/t gold; strongest gold in soil anomaly targets to date (according to co.) have yet to be trenched; untested anomaly is 1800 km in strike length
Lewis Brook – SXL reacquired this silver property this summer. Past intersections have assayed up to 2.2m of 1227 g/t silver (over 1 kg of silver) as well as 3.6 m of 347 g/t silver.
Patapedia - acquired this property last summer that has produced past, narrow intersections assaying up to 10.5% copper, 143 g/t silver and 1 g/t gold.
Mount Uniacke – is a historic gold producer in Nova Scotia. Production only occurred down to 75m in depth. The company reacquired this property early this past summer. They have stated they’d like to drill 4 holes testing gold bearing horizons at depth below old workings.
Birch Lake – grab samples were recently reported from prospecting this newly acquired project; values ran to 290 g/t silver and 6.7 g/t gold
Reserve Creek – Ontario high grade gold property. Past intersections include 16.9 m of 16.45 g/t gold incl. values up to 274 g/t gold over 0.5m
Nash Creek – SXL holds a 1% NSR on CNX’s 10 MT Nash Creek zinc-silver deposit; CNX discovered new silver zone in holes 7 km apart along a 18 km fault; great potential for large tonnage silver-zinc deposit
For a company with a $3.5 million market cap, their portfolio of properties is quite impressive…properties, any of which are capable of producing significant results as a catalyst to a more fair valuation.
Have a great weekend...and check out the new website for a more detailed summary of each project.