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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

Post by Wangotango67on Sep 05, 2024 2:42am
214 Views
Post# 36209294

CHEAPER TO DRILL IN NB ?

CHEAPER TO DRILL IN NB ?

I wonder if it's cheaper to drill in NB ?
West Coast is expensive.
Rates online $100 - $285+ per meter.

One could drill Goodwin and play it safe.
Stick close to existing targets and expand outwardly - trend tracking.

Slam has a budget of $300k to drill.
I decided to design a drill plot map where i would place the drills.
Expanding on Granges first 2 drills and Farq.
Both zones recieving attention.
With the addition of a few wild card drill holes.
Holes that are most needed to hit big.... or, rule out.

White - Mailiseet mtn ( so needs to be drilled near potential faults. 
Green - 2 long 300m holes passing 2 potential faults aimed towards grange intercepts
Gray - 1 hole - gut potential fault - new target ( see if it matches geology of 4km grange.
Green - 2 lower targets... begin in gut - potential fault - enter 2 distal targets
Blue - All about the grange - hitting potential faults - inline with first drill intercepts
Black expansion on farq. one hole is back side could be difficult to get to.

Orange - already drilled - recents holes.

Could Slam crack a deal with drill crew ?   ( tease )
3600m
x $85 / m
= $306,000  


Yes... i had to expand and improve former map in last post.
Few lines shifted - very finiky program - so...
i decided to redo the smaller terrain map - plot where i would place the drills.


Drill campaign such as this.... would def impress me.
Covering majors target zones.
Wild card zones could produce big results but with risk of, dusters.
New targets = odds are increased sticking to gut / faults


Enjoy....

https://live.staticflickr.com/65535/53971473632_ebdd44cc2a_b.jpg




Cheers....


 

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