Slam Exploration Ltd V.SXL

Quality High Grade Properties (the others)

[SuneeDaze]

Clearly the focus for SXL is now on advancing exploration at Menneval where, as we know, yesterday they announced the discovery of 10 new gold bearing quartz veins assaying up to 363 g/t gold (11.6 oz/t). 
 
Having said that, it’s important to note they’re more than a “one trick pony”.  The company has over 20 properties, some of which they have farmed out using a “project generator model” over the last few years, acquiring cash and shares of the optionees in the process, while retaining a core group of prime properties for themselves.  It has been effective for them, helping them limit expenses while generating some cash to fuel their own exploration.  Some of their own key properties include:
 
Lewis Brook – SXL reacquired this silver property this summer.  They were planning on a trench program this fall.  Past intersections have assayed up to 2.2m of 1227 g/t silver.  Yes, over 1 kg of silver!  Mexican plays this summer were quickly assigned up to a $100 million valuation for such a hole.
 
Patapedia -  a recently acquired property that has produced past, narrow intersections assaying up to 10.5% copper, 143 g/t silver and 1 g/t gold.  They had been planning on a surface/trenching program this fall.
 
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 summer.  They have stated they’d like to drill 4 holes testing gold bearing horizons at depth below old workings.
 
Reserve Creek – Ontario high grade gold property near and dear to me.  Past intersections include 16.9m of  16.45 g/t gold incl. values up to 274 g/t gold over 0.5m.
 
As I’ve stated before,  this co. is greatly undervalued at a $5 million market cap, given the quality projects above and the prospects to advance any or all of them.
 
Have a good day!

[DarkGreen]

SuneeDaze you are bang on about the other crown jewels . One of my associates loaded the boat when he heard that Mike was goingf to work on the Mount Uniake property . He was very familar with the Atlantic gold property (which was bought out for 950 million) and he feels Slam's property is a similar type of formation with the same potential . Pick your poison , so irons in the fire . I might

[TruthBKnown]

I agree DG.  The website definitely needs to be revamped.  There seems to be a standard format or service that companies use.  Presenting all the positives like Sunny mentioned below in an appealing informative manner would help the company for sure.  

[TruthBKnown]

Just getting caught up on this company.  Impressive results for sure yesterday.  How this company is trading at a $5 million m/c with the quality properties below is beyond me.  Over 20 properties???  Great info here.  Thanks Sunny!