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Slam Extends Massive Sulphide Zone Down-Dip
Expanding Silver-Lead-Zinc-Copper Deposit 15 Km from BMS No. 12 Mine
MIRAMICHI, NB, Oct. 14, 2011 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (US-OTC: SLMF) ("SLAM") is pleased to announce the deepest intercept to date at its wholly owned Nepisiguit silver-copper-lead-zinc deposit. Hole NP11-23 has intersected a 14.8 m core interval of massive sulphides with visible zinc and copper mineralization from 387.2 m to 402.0 m. This includes a 2.3 m chloritic stringer zone with 10% sulphides from 398.2 m to 400.5 m. Core angles are estimated to average approximately 70 degrees to core axis.
Assays are pending for holes NP11-16 to NP11-22. Logging and sampling of hole NP11-23 are in progress. Bore-hole pulse electromagnetic (BHPEM) survey results are pending for hole NP11-23 to identify potential targets at depth and along strike. Hole NP11-24 is in progress and designed to test the target horizon 100 m west of hole NP11-23 at a depth of 400 m.
SLAM had drilled 15 holes in previous campaigns at Nepisiguit which produced significant intercepts including 91.8 g/t silver, 10.58 % zinc, 2.34% lead and 0.18% copper over 3.75 m. Individual samples range up to 126 g/t silver, 18.04% zinc, 3.05% lead and 0.27% copper over 1.0 m.
Based upon these results, the Company staked 146 claims to cover 3,650 hectares of highly prospective volcano-sedimentary strata located midway between the Nepisiguit property and the BMS No. 12 mine. These are incorporated into the California Lake property. The Company also expanded the Nepisiguit property by staking an additional 12 claims.
About Nepisiguit: SLAM's 100% owned Nepisiguit project now comprises 78 claims covering 1770 hectares with a 6,500 m strike-length of favourable strata located on highway 430 approximately 15 km southwest of the world-class BMS No. 12 mine operated by Xstrata. Nepisiguit is a volcanogenic massive sulphide deposit discovered in 1956. Previous workers defined 3 near- surface zones known as the Nepisiguit A, B and C zones. The Nepisiguit drilling program is being funded in part by a $50,000 grant from the New Brunswick Junior Mining Assistance Program.
Derek F. Brown, P.Geo. and consultant to SLAM is the Qualified Person responsible for the technical information contained herein.
SLAM Options Gold Property To Namex
Namex to Expand The Search For Gold At Miminiska
MIRAMICHI, NB, May 9 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (US-OTC:SLMXF) ("SLAM") and Namex Explorations Inc. (TSXV: NME) (trading status pending) ("Namex") are pleased to announce they have entered into an agreement on SLAM's Miminiska gold project in northwestern Ontario. The property is host to 9 gold occurrences including a 1.0 m core interval grading 64 g/t gold within a 7.2 m interval grading 9.47 g/t gold in hole MM10-01 as reported by SLAM news release 14 July 2010. This recent discovery is open at depth and along strike and flanks the KCR zone where SLAM had previously drilled 5.97 g/t over 2.0 m.
The Miminiska Property:
The property consists of 28 mining claims with a total area of approximately 4,912 Ha situated approximately 110 km east of the mining community of Pickle Lake and 40 km west of the community of Eabamatoong. Gold is associated with pervasive shearing and alteration within greywackes, iron formations, volcanics and porphyry bodies underlying the Miminiska claims. These favourable gold-bearing volcanic and sedimentary rocks are part of the Uchi subprovince which host the prolific Red Lake and Pickle Lake gold mining camps. Namex expects to complete preliminary exploration activities followed by diamond drilling to evaluate and expand these significant gold occurrences. All Miminiska exploration activities will be conducted in consultation with Eabametoong First Nation.
The Agreement:
Under the terms of the agreement, Namex can earn up to a 70% interest in the Miminiska gold property, located near Miminiska Lake in northwestern Ontario. Namex can earn a 50% interest in the property by completing $800,000 in exploration expenditures, granting 2,000,000 common shares to SLAM and paying $140,000 to SLAM over a three-year period. Namex will also pay a finder's fee equal to 10% of the cash and share payments. Namex may earn an additional 20% interest in the property by paying an additional $200,000 plus 1,000,000 shares and expend $1,000,000 in exploration over a subsequent 2 year period. This agreement and issuance of shares is subject to approval from the TSX Venture Exchange.
About Namex Explorations Inc:
Namex is a resource company currently undergoing reorganization to regain trading status on the TSX Venture Exchange. The Company currently holds six mineral claims in Clinton Township, Quebec and is actively seeking to acquire mineral properties of merit. Namex is focusing on Canadian opportunities in the gold sector in line with management's experience and expertise. For additional information, please visit www.namex-explorations.com.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is exploring for gold in Ontario and for silver- copper-lead-zinc in New Brunswick. SLAM has had recent success with strong drilling results at their wholly owned Reserve Creek gold property near Eabametoong, 150 km east of Pickle Lake, including a core interval of 16.45 g/t gold over 16.85 m. Additional information about SLAM and its stable of 18 high potential projects is available at http://www.slamexploration.com or from SEDAR filings at http://www.sedar.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd.
SEDAR: 00012459E
H. M. VISAGIE REPORT POSTS COVERAGE ON SLAM - May Result In Significant Improvement in Economics For The Nash Creek Deposit
TSXV: SXL US-OTC: SLMF
MIRAMICHI, NB, April 28 /CNW/ - SLAM Exploration Ltd. (TSXV:SXL) (US-OTC:SLMXF) ("SLAM") was covered today in the "Daily Report - April 28, 2011" by H. M. Visagie with the following comment: "The ability to upgrade the low grade open pit feed using a DMS plant may result in a significant improvement in the economics for the Nash project. The improvement in economics will depend how the metallurgical response of the upgraded feed in the flotation circuit and the overall impact on capital and operating costs are impacted."
Mr. Visagie's comments follow a SLAM press release reporting successful Dense Media Separation (DMS) test results on 4 core sample from hole NC11-220 at its wholly owned Nash Creek property in New Brunswick with significant upgrades indicated on all samples. Sample 4, from the new zone beneath the NI43-101 deposit was enriched 2.7 times to 2.33% lead, 11.95% zinc and 63 g/t silver. For further information, refer to the press release issued 27 April 2011.
SLAM is very encouraged by the results of this program. The DMS results are very positive. The assay results include broad intervals of silver, lead and zinc mineralization beneath the known deposit indicating potential for a much larger deposit. The Company is planning additional work designed to further expand the deposit in 2011.
About The Nash Creek Deposit:
SLAM's 100% owned Nash Creek deposit contains an indicated resource of 468M lbs zinc, 95M lbs lead and 4.6M oz silver, plus inferred resource of 71.0M lbs zinc, 14M lbs lead and 0.7M oz silver. These metals are contained within a 7.8M tonne indicated resource grading 2.72% zinc, 0.55% lead and 18.26 g/t and a 1.2 M tonne inferred resource grading 2.66% zinc, 0.52% lead and 18.00 g/t silver (NI43-101 Technical Report announced 12 February, 2009).
The property boasts excellent infrastructure with a power-line, railway and major highway transecting the property. These links provide immediate access to the Belledune seaport and smelter located within 25 km as well as Xstrata's BMS No. 12 mine and mill within 75 km. Maple Minerals Caribou dormant mine/mill complex is approximately 90 km by road from Nash Creek.
SLAM UPGRADES SILVER, LEAD, ZINC IN DEPOSIT
http://www.kitco.com/pr/2765/article_04272011115246.pdf
SLAM DRILLS COPPER-SILVER INTERCEPTS AT SILVERJACK
Additional work planned in 2011
MIRAMICHI, NB, March 17 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) ("SLAM") announces results from its recently completed drilling program on its Silverjack property in New Brunswick. The final target was the Doyle copper-silver zone where hole SJ11- 41 intersected a 1.33m interval grading 2.33% copper and 43 g/t silver at a depth of 108.1m. This was flanked by an interval at 64.47m containing 1.0% copper and 13 g/t silver over 0.6m and by an interval at 6.6m containing 1.32% copper and 54 g/t silver over 0.55m.
The Doyle copper-silver zone is hosted within sediments and limestones similar to the high grade Silverjack deposit 1,000m to the east. SLAM previously reported high grade drilling results ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead (news release 16 February, 2010) at Silverjack.
SLAM drilled 2884m in a 22 hole program begun in the fall of 2010. In addition to hole SJ11-41 beneath the Doyle zone, this program included 14 holes in proximity to the Silverjack deposit. These holes define the near surface Silverjack zone over a strike length of 200m. An additional 7 holes drilled on a variety of geochemical and geophysical targets indicate the widespread presence of copper, silver, lead and/or zinc mineralization to the south and west of Silverjack. The Company plans additional work in 2011 to test for extensions to the Silverjack copper-silver-lead-zinc zone and the Doyle copper-silver zone.
Assays are pending on results from the Reserve Creek gold project where drilling is currently in progress on hole RS11-46. Assays are also pending from a deep hole drilled at the Nash Creek lead-zinc-silver project.
Derek F. Brown, P.Geo., Consultant, is the Qualified Person responsible for the technical information contained herein. Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were split or sawn and one half sent to Activation Laboratories. Activation Labs analyzed the samples using code 8AR for silver, copper, zinc, lead and code Ultratrace 2 for multi-elements on selected samples. The Company used blank and standard samples for quality assurance and control.
About Silverjack:
The recently expanded Silverjack property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3715 hectares. The property is 4 kilometres from the Belledune smelter and seaport and is adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares. The Company was awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program to support the 2010 drilling program. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively exploring for gold in Ontario and silver- copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E
DEEP MINERALIZATION INTERSECTED AT NASH CREEK
Mar. 1, 2011 (Canada NewsWire Group) --
Significant New Mineralization In Deep Hole Suggests Potential at Depth
TSX-V: SXL US-OTC: SLMF
MIRAMICHI, NB, March 1 /CNW/ - SLAM Exploration Ltd. (TSX-V: SXL) ("SLAM") reports hole NC11-220 intersected 320m of mineralized core containing up to 20% sulphide mineralization. The 583m drill hole was angle drilled to the west at a dip of 62 degrees. The primary purpose was to recover mineralized core from the Nash Creek deposit to supply rock for Dense Media Separation (DMS) metallurgical testing. The hole was extended 260m beyond the original proposed depth of 320m because sulphide mineralization was intersected in sufficient amounts to warrant extension of the hole.
Assays are pending on 261 samples submitted for copper-lead-zinc-silver assay. The Nash Creek NI43-101 compliant deposit is represented by a 93m interval containing 10 to 20% sulphide mineralization from 145m to 238m and a 35.7m interval with 10 to 15% sulphide mineralization from 241.3m to 277m.
Additional mineralized zones occur below the base of the deposit including a 10m interval from 282m to 292m and a 115m interval from 323m to 438m each containing up to 10% sulphides. A deeper interval from 438m to 538m is variably mineralized with up to 5% sulphides suggesting significant potential for extensions of the Nash Creek deposit at depth.
DMS Testing: Five of the samples representing 25.99m of mineralized core were submitted to the RPC research facility for DMS testing. The DMS process is designed to separate the relatively dense zinc-lead bearing sulphide mineralization from the lighter wall-rock based upon the difference in specific gravity. This test may determine whether the Nash Creek ores can be upgraded prior to milling. Upon production, this process would effectively increase the grade going to mill, thereby reducing energy consumption and transportation costs as well as extending mine life.
Derek F. Brown, P.Geo. and consultant to SLAM is the Qualified Person responsible for the technical information contained herein. All cores were delivered to a secure facility. Logging and sampling have been completed. Samples have been shipped for assaying and testing with results pending.
About Nash Creek:
SLAM's eastern flagship property boasts excellent infrastructure with a power-line, railway and major highway transecting the property. These links provide immediate access to the Belledune seaport and lead smelter located within 25 km as well as Xstrata's BMS No. 12 mine and mill within 75 km. Maple Minerals Caribou mine/mill complex, although not currently in operation, is approximately 90 km by road from Nash Creek.
Nash Creek's 43-101 compliant resource estimate includes 7.8 M tonnes of indicated resource comprised of zinc, lead and silver.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold at Reserve Creek in Ontario and is actively exploring for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that SLAM expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
SLAM Exploration Ltd.
Brian Jones, Investor Relations; Toll Free: 855.800.6109
Toronto: 647.729.1436
info@slamexploration.com
SLAM EXPLORATION IN TOP 10 HOLDINGS OF RESOURCE FUND
Pathway Funds Maintain Significant Portfolio Weight in SLAM
TSX-V: SXL US-OTC: SLMF
MIRAMICHI, NB, Feb. 23 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") reports that MineralFields Pathway Multi Series Fund includes SLAM Exploration in its top 10 holdings. The resource based fund, with a net asset value of $112,869,783 (as of Feb 18, 2011), holds a diversified portfolio of equity securities of attractive Canadian resource companies.
SLAM is encouraged by the continued support of MineralFields and Pathway Fund. Our Company is in a unique position to enhance shareholder value with current activities at Reserve Creek, Silverjack and Nash Creek as gold, silver and base metal prices continue to rise.
About MineralFields and Pathway Asset Management
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver and Calgary, is a mining fund with significant assets under administration. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively exploring for gold in Ontario and silver- copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
SLAM is currently drilling on its wholly owned Reserve Creek gold project, which now encompasses 7120 hectares in 34 mineral claims located near Fort Hope, Ontario. Reserve Creek is part of a large and valuable land package with an expanding inventory of gold deposits centered around Fort Hope approximately 150 km east of the former gold mining town of Pickle Lake. The large greenstone belt surrounding Fort Hope has many similarities to the prolific Red Lake gold mining camp and has potential to be a major gold producing area. The Red Lake, Pickle Lake and Fort Hope gold areas are part of the Uchi subprovince, a major system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd.
SEDAR: 00012459E
This just keeps getting better and better. I am really excited for the future of this stock.
SLAM COMPLETES DRILLING AT SILVERJACK
Widespread Copper, Lead, Zinc and Silver Mineralization
MIRAMICHI, NB, Feb. 18 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it has completed a drilling program on its Silverjack property in New Brunswick with a total of 2884m drilled in 22 holes. After Silverjack the drill was moved to Nash Creek.
The final 2 holes at Silverjack were SJ11-41 and 42 drilled near the Doyle copper-silver occurrence. SJ11-41 intersected 4 zones containing sulphides and copper mineralization over drill core intervals ranging from 0.3 to 1.33m, the latter at a depth of 108.1m. Assays are pending on these copper intercepts. This hole is beneath a trench dug by previous workers. During the 2010 prospecting program, SLAM collected 2 grab samples from rubble beside the trench that assayed 8.67% copper with 171 g/t silver and 4.99 % copper with 150 g/t silver respectively.
A 2500m long aeromagnetic trend is associated with this copper zone. It occurs within sediments and limestones similar to the Silverjack deposit 1,000m to the east where SLAM previously reported high grade drilling results ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead (news release 16 February, 2010). Both the Doyle and Silverjack zones are historic occurrences acquired through agreements with prospectors.
Holes SJ10-32 to SJ11-38 were drilled to test for potential extensions up to 1600m south of the Silverjack zone. These holes intersected limestones and sediments with local zones of lead-zinc mineralization. The most significant intercepts were in hole SJ11-38 with individual samples ranging up to 12.36% lead-zinc over 0.3m and anomalous intervals up to 0.75% lead-zinc over 18.7m. Holes SJ11-35, 39 and 40 tested a copper occurrence discovered in the 2010 prospecting program. Hole SJ11-35 intersected 5.23% copper, 42 g/t silver and 1330 g/t cobalt over 0.3m.
The significant grades combined with multiple occurrences over a large area suggest the presence of a large scale mineralized system. The Company plans additional trenching and drilling in 2011 to test for extensions to high grade silver, copper, lead and zinc mineralization at both the Silverjack and Doyle occurrences.
Mike Taylor, P.Geo. President & CEO is the Qualified Person responsible for the technical information contained herein. Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were split or sawn and one half sent to Activation Laboratories. Activation Labs analyzed the samples using code 8AR for silver, copper, zinc, lead and code Ultratrace 2 for multi-elements on selected samples. The Company used blank and standard samples for quality assurance and control.
About Silverjack:
The recently expanded Silverjack property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3715 hectares. The property is 4 kilometres from the Belledune smelter and seaport and is adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares. The Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program to support this drilling program. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively exploring for gold in Ontario and silver- copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Slam Drilling More Significant Gold Intercepts
http://www.cnw.ca/en/releases/archive/February2011/15/c2905.html
STOXLINE provides several technical indicators showing attainable targets and suggest a new upward trend may be forming.
This follows a recent buy recommendation by eResearch, which updated their report and maintain their target on SLAM. You can view the report at the following link:
http://www.eresearch.ca/_report/SXL_020311-B.pdf
EResearch comments on SLAM's recent drilling success at its wholly-owned Reserve Creek project gold campaign citing a 10.4- metre core interval grading 7.68 g/t gold and a 16.85-metre interval grading 16.45 g/t gold from hole RS10-16 adding that these intersections compare to producing mines in the Uchi mineralization trend.
About Reserve Creek Gold Project:
SLAM's wholly owned Reserve Creek gold project now encompasses 7120 hectares in 34 mineral claims located near Fort Hope, Ontario. Reserve Creek is part of a large and valuable land package with an expanding inventory of gold deposits centered around Fort Hope approximately 150 km east of the former gold mining town of Pickle Lake. The large greenstone belt surrounding Fort Hope has many similarities to the prolific Red Lake gold mining camp and has potential to be a major gold producing area. The Red Lake, Pickle Lake and Fort Hope gold areas are part of the Uchi subprovince, a major system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands.
The Reserve Creek drilling activities are being conducted in consultation with Eabametoong First Nation ("EFN") in accordance with a mutual Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of Reserve Creek and other projects in the Fort Hope area of Ontario.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold in Ontario and for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that SLAM expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
SLAM DRILLING MORE INTERCEPTS AT RESERVE CREEK GOLD PROJECT
Stepping West From High Grade Gold Intercepts Ranging Up To 27.43 g/t Gold Over 1m
MIRAMICHI, NB, Feb. 2 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces completion of 9 diamond drill holes since it resumed activity at its wholly owned Reserve Creek gold project in the Fort Hope gold area of Ontario. Assays are pending on 355 samples shipped to the lab from the first 5 holes. The Company drilled 6 holes in the vicinity of hole RS10-25 and 3 holes to test the strike extent of the mineralized zone up to 90m east of hole RS10-16. This hole intersected bonanza grade gold mineralization up to 274 g/t gold over 0.5m within a 16.85 m interval grading 16.45 g/t gold (news release 17 August 2010).
The Company is now drilling hole RS11-35 on a section 15 m west of hole RS10-25 which cut a 10.4 m core interval of grading 7.68 g/t gold (0.22 oz/t) with individual samples ranging up to 27.43 g/t gold over 1.0 m (news release 21 January 2011). Hole RS11-35 is the westernmost hole drilled to date and is designed to extend the zone along strike.
Based upon drilling results in December, the Company staked an additional 157 claim units in 12 claims covering 2512 hectares of property mainly on Eabamet Lake. Airborne geophysical surveys indicate that Reserve Creek geology and structures extend over these claims.
The Company has extended the initial 2,000m drilling contract begun in December to a total of 5,000m. With approximately $5M cash in the treasury the Company expects to expand the drilling program beyond the 5,000 m contract.
The core intervals described are drilled intervals. True thicknesses are unknown. All drill cores were delivered from the drill sites to a facility in Fort Hope for logging and sampling. Selected cores were split or sawn with half retained for reference. Sampled halves were shipped to Accurassay in Thunder Bay for gold assay. Standards and blanks were inserted in the sample batches to augment the Quality Assurance and Quality Control program utilized by the laboratory. Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein.
About Reserve Creek Gold Project:
SLAM's wholly owned Reserve Creek gold project now encompasses 7120 hectares in 34 mineral claims located near Fort Hope, Ontario. Reserve Creek is part of a large and valuable land package with an expanding inventory of gold deposits centered around Fort Hope approximately 150 km east of the former gold mining town of Pickle Lake. The large greenstone belt surrounding Fort Hope has many similarities to the prolific Red Lake gold mining camp and has potential to be a major gold producing area. The Red Lake, Pickle Lake and Fort Hope gold areas are part of the Uchi subprovince, a major system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands.
The Reserve Creek staking and drilling activities have been accomplished in consultation with Eabametoong First Nation ("EFN") in accordance with a mutual Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of Reserve Creek and other SLAM projects in the Fort Hope area of Ontario.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold in Ontario and for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E
SLAM CUTS 9.02 G/T GOLD OVER 15.1 M CORE INTERVAL
http://news.morningstar.com/all/canada-news-wire/20110120C3966/slam-cuts-902-gt-gold-over-151-m-core-interval.aspx
SLAM CUTS 42.99 G/T GOLD OVER 1.0 M CORE INTERVAL
Jan. 14, 2011 (Canada NewsWire Group) --
High Grade Gold Intercept Occurs Within 10.5 m Interval Grading 6.76 g/t Gold
MIRAMICHI, NB, Jan. 14 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") is pleased to announce preliminary assays grading up to 42.99 g/t gold over 1.0 m from hole RS10-21 at its wholly owned Reserve Creek gold project in the Fort Hope gold areas of Ontario. This bonanza grade intercept occurs within a 10.5 m core interval grading 6.76 g/t gold at a depth of 105.5 m. Assays are pending on 7 additional samples representing 3.6 m of mineralized core from 100.9 to 104.5 m in this hole. Visible gold occurs in this pending section. Selected assay results are tabulated as follows:
Hole ID From m To m Length m Au oz/t Gold g/t
RS1021 105.5 106.5 1.0 1.25 42.99
RS1021 106.5 107.5 1.0 0.15 5.11
RS1021 109.5 110.5 1.0 0.17 5.67
RS1021 105.5 116.0 10.5 0.20 6.76
SLAM DELIVERS INITIAL GOLD INTERCEPTS
Jan. 13, 2011 (Canada NewsWire Group) --
Diamond Drill Cores Grade Up To 9.6 g/t Gold Over 1.5 m
MIRAMICHI, NB, Jan. 13 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") SLAM Exploration is pleased to announce that drilling continues to expand the known mineralization with significant widths and grades of gold mineralization in the first 3 of 9 holes recently drilled at its wholly owned Reserve Creek gold project in the Fort Hope gold areas of Ontario. All 3 holes intersected significant gold-bearing intervals ranging up to 9.6 g/t gold over 1.5 m. Hole RS10-18 cut a 10.3 m core interval grading 3.3 g/t gold at a depth of 29.5 m. Selected assay results are tabulated as follows:
Hole ID From m To m Length m Au oz/t Gold g/t
RS1017 18.2 19.7 1.5 0.08 2.85
RS1017 18.2 28.7 10.5 0.03 0.99
RS1018 29.5 31 1.5 0.28 9.62
RS1018 35.7 36.3 0.6 0.18 6.23
RS1018 36.8 37.8 1 0.21 7.22
RS1018 29.5 39.8 10.3 0.10 3.31
RS1019 53.3 53.8 0.5 0.20 6.73
RS1019 59.6 60.7 1.1 0.09 3.01
RS1019 61.2 61.8 0.6 0.12 4.07
RS1019 52.8 64 11.2 0.04 1.49
RS1019 71.5 76 4.5 0.03 1.12
/R E P E A T -- SLAM TO RESUME DRILLING FOR GOLD AT RESERVE CREEK/
Jan. 10, 2011 (Canada NewsWire Group) --
Extending Contract To Test Bonanza Gold Zone
MIRAMICHI, NB, Jan. 7 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it plans to deploy its exploration team to resume drilling operations on its wholly owned Reserve Creek gold project on 15 January 2011. This is a continuation of 9 holes drilled for a total of 1145 m in December. Mineralized zones occur in all 9 holes over core intervals ranging from 3.5 m to 29.85 m. Visible gold occurs in 5 of the holes.
Assays are pending on 555 samples that were submitted for gold assay and representing 525 m of mineralized core from the 9 holes. Initial assay results are expected on or about 11 January 2011. These holes are testing the strike extent up to 230 m from bonanza grade intercepts in hole RS10-16 previously drilled in June 2010. Hole RS10-16 intersected 16.45 g/t gold over a 16.85 m core interval with individual samples grading up to 274 g/t gold over 0.5 m (news release 17 August 2010).
The Company expects to complete the current 2000 m contract program in the next few weeks and plans to extend the program through the winter months of 2011.
Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities are progressing in consultation with Eabametoong First Nation ("EFN") in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of Reserve Creek and other SLAM projects in the Fort Hope area of Ontario.
About SLAM: SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold in Ontario and for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that SLAM expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
SLAM Exploration Ltd.
Head Office 506.627.1353 Toll Free: 866.523.6719
Brian Jones, Investor Relations
Mike Taylor, President & CEO
/C O R R E C T I O N from Source -- Slam Exploration Ltd./
Please take note that in c8196 transmitted at 10:18e today, the first sentence of the second paragraph has been changed to: "The Company will pay Mr. Jones a monthly retainer of $4,000 for a one-year term, and may renew the agreement by mutual consent.". The corrected copy follows:
SLAM ACQUIRING EXPERTISE TO BUILD A PRECIOUS METALS COMPANY
Retains Investor Relations Agent
MIRAMICHI, NB, Dec. 31 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") is pleased to announce it has signed an agreement to retain Brian Jones for the provision of investor relations services for a 12 month period starting 01 January 2011. Mr. Jones will interact with a broad spectrum of investors, brokers, fund managers and other investment professionals directly and through various media channels to enhance the profile of the Company with particular focus on drilling results from the Reserve Creek Gold project and the Silverjack project. In a press release of 17 August 2010, SLAM reported bonanza grades up to 274 g/t gold over 0.5 m within a 16.85 m core interval grading 16.45 g/t gold from a diamond drill hole at Reserve Creek. In December, the Company started a drilling program designed to extend the strike extent of the bonanza zone. Assays are pending on mineralized intervals from 9 holes drilled in the current program.
The Company will pay Mr. Jones a monthly retainer of $4,000 for a one-year term, and may renew the agreement by mutual consent. SLAM will also grant 100,000 incentive stock options to Mr. Jones, exercisable at a price of $C 0.20 for a period of five years, subject to regulatory approvals. The options vest in increments of 25,000 every three months and are exercisable at a price of $0.20 per share for a period of five years. In the event of termination, the options expire 30 days thereafter.
Mr. Jones owns and operates his investor relations consulting business and is based out of Bracebridge, Ontario. Mr. Jones is arm's length to SLAM and has provided investor relations consulting and support to the resource sector for over 10 years. Mr. Jones does not currently own any securities of the SLAM.
Michael R. Taylor, P.Geo. President and CEO of SLAM, is the Qualified Person responsible for the technical information contained herein.
SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively drilling for gold in Ontario and for silver- copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com . On behalf of the Board
Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E
SLAM HITTING MORE MINERALIZATION AT RESERVE CREEK GOLD DEPOSIT
Broad Mineral Intercepts Drilled 215 m From Previous Bonanza Hole
MIRAMICHI, NB, Dec. 23 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces significant core intervals of pyrrhotite-pyrite mineralization ranging from 10.5 m to 29.85 m in its 3 latest diamond drill holes RS10-23 to 25 at its wholly owned Reserve Creek gold project. These holes have mineralization similar to and are located more than 200 m west of hole RS10-16 drilled in June 2010. Hole RS10-16 intersected 16.45 g/t gold over a 16.85 m core interval with individual samples of bonanza gold grading up to 274 g/t gold over 0.5 m (news release 17 August 2010).
Hole RS10-23 intersected 10.5 m of silicified tuff containing pyrrhotite-pyrite mineralization from 133.5 m to 143 m. RS10-24 intersected a 14.55 m core interval of banded quartz and chlorite with pyrrhotite-pyrite from 140.85 m to 155.4 m. Hole RS10-25 intersected a 29.85 m core interval of mineralized tuff from 132.4 m to 162.25 m.
Holes RS10-23 and 24 were drilled to depths 161 m and 201 m at dips of 55 o and 60 o from one site 215 m west of bonanza hole
RS10-16. Holes RS10-25 was drilled at 55 o to a depth of 171 m a further 15 m west of RS10-23. After hole RS10-25 drilling was temporarily suspended for the holiday season.
The Company is pleased with the visual results of the first 9 holes and the progress of this drilling program. All 9 holes have cut significant mineralized intercepts with visible gold in 5 of the holes. Gold assays are pending on 200 samples already shipped. The remaining core is being sampled and prepared to send for assay. The Company expects to resume drilling in January and continue with an extended program in 2011.
Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities are progressing in consultation with Eabametoong First Nation ("EFN") in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of Reserve Creek and other SLAM projects in the Fort Hope area of Ontario.
About SLAM: SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold in Ontario and for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
SLAM EXTENDS HIGH GRADE SILVERJACK ZONE WITH MORE ASSAYS
Diamond Drilling Hits Mineralization Grading Up to 605 g/t Silver Over 1.40 m
MIRAMICHI, NB, Dec. 22 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") is pleased to announce assay results from the first 8 holes of its 3,000 m diamond drilling program at Silverjack. All 8 holes hit significant mineralization with drill core intervals ranging up to 9.60 m grading 230.90 g/t silver, 1.53% copper, 2.89% lead and 2.53% zinc. This broad interval includes individual samples ranging up to 605 g/t silver, 2.42% copper, 3.41% lead and 2.99% zinc. Selected results are outlined in the following table:
DDH From m To m Length m Silver g/t Copper Zink% Lead %
SJ10-21 40.95 45.45 4.50 107.66 0.80 0.60 0.52
SJ10-21 42.00 43.00 1.00 245.00 0.59 0.70 0.67
SJ10-22 37.50 39.10 1.60 32.19 0.07 1.52 1.20
SJ10-23 46.30 46.72 0.42 5.00 0.00 1.78 1.48
SJ10-24 54.09 61.00 6.91 111.37 1.09 3.15 2.70
SJ10-25 45.65 46.17 0.52 40.00 0.17 1.09 1.06
SJ10-26 45.50 55.10 9.60 230.90 1.53 2.89 2.53
SJ10-26 48.50 49.90 1.40 605.00 2.42 3.41 2.99
SJ10-27 71.20 72.98 1.78 67.79 0.87 4.74 3.82
SJ10-28 77.50 79.53 1.23 13.72 0.05 2.78 2.2
SLAM Exploration Ltd. (TSX-V:SXL)
SLAM DRILLING SOUTHWEST OF SILVERJACK
Dec 17, 2010 1:15:00 PM
Mineralized Intercepts Extend 1600 m Along Strike
MIRAMICHI, NB, Dec. 17 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it has completed 18 holes to date for a total of 2400 m on its diamond drilling program at Silverjack in New Brunswick. Seventeen of the holes intersected visible lead, zinc and/or copper mineralization over core intervals ranging from 0.3 m to 17.5 m at depths ranging from 8 to 150 metres. The Company anticipates receiving assays on the initial holes within the next few days.
The latest hole SJ10-38 intersected visible lead-zinc mineralization over a 16.5 m core length from 8.5 m to 25 m beneath a trench 1000 m southwest of Silverjack. Other recent intercepts in this area include a 0.4 m interval of semi-massive sulphides with visible copper-lead-zinc mineralization in hole SJ10-35 at a depth of 20 m beneath a new copper discovery. Trenching this copper vein produced grab samples ranging up to 8.0 % copper, 86 g/t silver, 1480 ppm cobalt, 1.82 ppm indium and 222 ppb gold as reported by press release 28 October 2010. To extend the mineralization even further, hole SJ10-36 intersected lead-zinc mineralization over a core length of 5 m at a depth of 150 m beneath a soil anomaly 1600 m southwest of Silverjack. The Company is logging and sampling these latest holes.
This 3,000 m program is a follow-up to a drilling program completed early in 2010 by SLAM. Highlights of that program include hole SJ09-14 which intersected 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over a core interval of 0.75 m within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010. The Company expects to complete the remainder of the program in January 2011. The Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program to support this drilling program.
The recently expanded Silverjack property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3715 hectares. The property is 4 kilometres from the Belledune smelter and seaport and is adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares. Additional information about Silverjack can be viewed at:www.slamresources.com/projects/new-brunswick/silverjack.
Derek F. Brown, P.Geo. and consultant to SLAM, is the Qualified Person responsible for the technical information contained herein. The lengths tabulated above are measured core intervals in metres. The true thicknesses are unknown. Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were split and one half sent to Activation Laboratories. Activation Labsanalyzed the samples using code 8AR for silver, copper, zinc, lead and code Ultratrace 2 for multi-elements. The Company used blank and standard samples for quality assurance and control.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings atwww.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Additional information about SLAM can be viewed at www.slamexploration.com as well atwww.sedar.com.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
SLAM HITTING MORE MINERALIZATION AT RESERVE CREEK GOLD DEPOSIT
Consistent Mineralized Zone Intercepted In First 6 Holes
FOR IMMEDIATE RELEASE 15 DECEMBER 2010
Miramichi, New Brunswick - SLAM Exploration Ltd. (TSX-V:SXL) (“SLAM”) announces visible gold in each of its 3 latest diamond drill holes RS10-20 to 22 at its wholly owned Reserve Creek project in the Fort Hope area of Ontario. These visible gold specks occur within mineralized core intervals ranging from 3.5 m to 25.6 m similar to hole RS10-16 drilled in June 2010. This hole intersected bonanza gold mineralization with individual samples up to 274 g/t gold over 0.5 meters within a 16.85 m core interval grading 16.45 g/t gold from hole RS10-16 (news release 17 August 2010).
Hole RS10-20 intersected 3.5 m and 2.8 m core intervals of silicified tuff containing pyrrhotite- pyrite mineralization from 63.5 m to 67.0 m and 75.0 to 77.8 m respectively with a fine speck of visible gold at 65.3 m. RS10-21 intersected similar mineralization over a 25.6 m core interval from 100.4 to 126.0 m with a coarse speck of visible gold at 101.9 m. Hole RS10-22 intersected a 12.5 m mineralized core interval from 38.1 to 50.65 m with a speck of visible gold at 48.45 m.
Holes RS10-20 to 22 were drilled from same set-up at 60 o, 70 o and 45 o to depths of 90 m, 165 m and 70.1 m respectively to define a section 15 m west of bonanza hole RS10-16. After hole RS10-22 the drill moved 200 m west to test section 5045E in the vicinity of an intercept of 7.49 g/t gold over 4.58 m previously drilled in hole RS08-10.
The Company is pleased with the visual results of the first 6 holes and the progress of this drilling program. All 6 holes have cut significant mineralized intercepts with visible gold in 5 of the holes. These mineral intercepts are being sampled and sent for assay. The Company expects to drill an additional 6 to 10 holes to complete the 2,000 m program and to extend the program in 2011.
Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities are progressing in consultation with Eabametoong First Nation (“EFN”) in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of the Fort Hope area.
Trenching Copper, Silver And Cobalt As Well As Lead-Zinc Mineralization
Dec. 10, 2010 (Canada NewsWire Group) --
http://newsystocks.com/news/3853853
MIRAMICHI, NB, Dec. 10 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces trenching results from its Silverjack property in New Brunswick. A total of 14 trenches were completed for a total of 2600 linear metres. Fifty grab samples were collected from 13 trenches where copper, lead and or zinc mineralization were observed.
Two trenches were dug on copper occurrences. A copper vein newly discovered during the summer by SLAM's exploration team 1000 m south of the Silverjack zone was excavated over a strike length of 80 m. The vein ranges up to 30 cm wide and is open along strike and at depth. Eight grab samples from this trench returned values ranging up to 8.0 % copper, 86 g/t silver, 1480 ppm cobalt, 1.82 ppm indium and 222 ppb gold. The other copper occurrence is near the historic Doyle vein located 1200 m west of the Silverjack zone. Trench number 13 uncovered this vein along strike west of the historic occurrence. Four grab samples over a strike length of 40 metres grade from 0.35% to 2.4% copper and from 12 g/t to 263 g/t silver.
The remaining 11 trenches uncovered 4 separate mineralized horizons ranging from 0.5 to 5 m wide up to 1600 m south of the Silverjack zone. Grab samples from these trenches range from 0.63 to 7.76% zinc and 0.85 to 4.66 % lead with minor values in copper(up to 0.5%) and silver(up to 33 g/t).
These mineralized horizons are associated with altered limestones, conglomerates and sandstones similar to those hosting the Silverjack zone where SLAM previously drilled high grade core intervals ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 2.00% zinc and 2.34% lead over a 0.75m core interval. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver (7.82 oz/ton), 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.
SLAM has completed 2100 m of the 3000 m drilling program. The initial focus was to extend the high grade Silverjack zone with a series of 12 shallow holes testing 4 sections spaced at 20 m intervals. Assays are pending on these holes. Hole SJ10-36, drilled beneath the new copper discovery, intersected a 0.4 m interval of semi-massive sulphide mineralization at a depth of 20 metres. The drill is currently testing a soil anomaly in the vicinity of the lead-zinc bearing horizons identified by trenching 1600 m south of the Silverjack zone. Additional targets include step-outs from hole 36 to further test the new copper occurrence as well as the Doyle copper occurrence.
The recently expanded Silverjack property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3715 hectares. The property is 4 kilometres from the Belledune smelter and seaport and is adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares. The trenching and drilling program are being funded in part by a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program.
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that SLAM expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
Corporate Inquiries
Mike Taylor, President & CEO
506.627.1353
Toll Free: 866.523.6719
miketaylor@slamexploration.com
(Source: CNW )
(Source: Quotemedia)
SLAM DRILLS MORE INTERCEPTS AT RESERVE CREEK GOLD DEPOSIT
Dec. 9, 2010 (Canada NewsWire Group) --
Mineralized Zone Over Significant Intervals In First Three Holes
MIRAMICHI, NB, Dec. 9 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces visible gold in 2 of the first 3 diamond drill holes in a 2,000 m program at its wholly owned Reserve Creek project in the Fort Hope area of Ontario. All 3 holes RS10-17 to 19 intersected silicified tuffs with pyrrhotite-pyrite mineralization similar to hole RS10-16 drilled in June 2010. SLAM reported bonanza grade gold mineralization with individual samples up to 274 g/t gold over 0.5 meters within a 16.85 m core interval grading 16.45 g/t gold from hole RS10-16 (news release 17 August 2010).
Hole RS10-17 intersected a 14 m core interval of silicified tuff containing pyrrhotite-pyrite mineralization from 21 m to 35 m and specks of visible gold at 31.2 m. RS10-18 intersected similar mineralization over a 34.5 m core interval from 30 to 64.5 m. Hole RS10-19 intersected an 11 m mineralized core interval from 53.0-64.0 m with fine specks visible gold at 53.4 and 53.6 m.
Holes RS10-17 to 19 were drilled from same set-up at 45 o, 60 o and 70 o and to depths of 60.96m, 85.34m and 140.21m respectively to define a section 15 m east of bonanza hole RS10-16. After hole RS10-19 the drill moved to a site 15 m west of hole RS10-16 to drill a similar pattern of 3 holes. The Company will continue to utilize this effective pattern to potentially expand the bonanza gold zone laterally. This is delineation drilling with an ultimate goal of advancing the deposit to NI 43-101 status. To achieve this, the Company is planning additional drilling in 2011 and is building its treasury to over $5M with a financing to close next week.
Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities are progressing in consultation with Eabametoong First Nation ("EFN") in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of the Fort Hope area.
About SLAM: SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold in Ontario and for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
SLAM DRILLING MORE GOLD AT RESERVE CREEK - Visual Results Indicate Successful First Hole
Dec. 7, 2010 (Canada NewsWire Group) --
MIRAMICHI, NB, Dec. 7 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces visible gold reported from the first diamond drill hole in a 2,000 m program at its wholly owned Reserve Creek project in the Fort Hope area of Ontario. Hole RS10-17, the first of a planned 12 holes intersected approximately 14 m of mineralized iron formation with quartz stringers from 21 m to 35 m. Specks of visible gold were noted at 31.5 m. This mineralized interval is 15 m east of a 13.41 m core interval grading 3.07 g/t gold in hole RS10-14 drilled in June 2010. SLAM reported bonanza grade gold mineralization with individual samples up to 274 g/t gold over 0.5 meters within a 16.85 m core interval grading 16.45 g/t gold from hole RS10-16 which was drilled beneath RS10-14 (news release 17 August 2010).
After hole RS10-17, the Company steepened the drill from 45 o to 60o for the second hole RS10-18 which places it directly beneath hole RS10-17. This is a similar pattern to previous holes RS10-14, 15 and 16 that produced bonanza grade results in SLAM's successful program of June 2010. The Company will continue with a similar series of holes stepping out laterally to potentially expand the bonanza gold zone along the 350 m strike length of mineralized, gold-bearing iron formation indicated by previous drilling. SLAM expects to complete the 2,000 m drilling program at Reserve Creek by year-end and, with $4M in the treasury, plans additional drilling in 2011.
Reserve Creek gold mineralization is hosted within iron formations and mafic volcanics similar to the rocks hosting the historic Pickle Crow gold mine near Pickle Lake, Ontario. These volcano-sedimentary sequences are part of the Uchi Subprovince, a huge system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands hosting the world-famous Red Lake gold mining camp as well as the Pickle Lake and Fort Hope gold areas in Ontario.
Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities will be done in consultation with Eabametoong First Nation ("EFN") in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of the Fort Hope area.
About SLAM: SLAM is a mineral resource company based in Miramichi, New Brunswick and is currently drilling for gold in Ontario and for silver-copper-lead-zinc in New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
SLAM DRILLING WIDESPREAD SILVERJACK MINERALIZATION
Dec. 3, 2010 (Canada NewsWire Group) --
Now drilling new copper showing 1000 m south of Silverjack
MIRAMICHI, NB, Dec. 3 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it has drilled 14 holes to date for a total of 1620 m on its Silverjack property in New Brunswick. Thirteen of the holes intersected visible lead, zinc and/or copper mineralization over core intervals ranging from 0.3 m to 10.0 m at depths ranging from 30 to 90 metres. Assays are pending on 190 samples representing 170 m of mineralized core.
The most significant hole is SJ10-27 with visible copper-lead-zinc mineralization over a 10 m core length at a depth of 60 m hosted within altered limestone. This hole is 70 m northeast of hole SJ09-14 which intersected 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over a core interval of 0.75 m within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.
The drilling program has traced the mineralization 400 m northeast of the Silverjack zone with a lead-zinc bearing core interval of 4 m in hole SJ10-33. This hole is 200 m northeast of the 200 m northeast of the Knowles vein. Hole SJ10-34 drilled beneath the Knowles vein intersected a sequence of altered sediments similar to those hosting the Silverjack zone.
The drill is now testing a copper showing 1000 m south of the Silverjack zone in the same sequence of altered limestone and conglomerate. This new copper vein was discovered during the summer by SLAM's exploration team and excavated over a strike length of 80 m by trench TR10-03. Grab samples from the trench range up to 8.0 % copper, 86 g/t silver, 1480 ppm cobalt, 1.82 ppm indium and 222 ppb gold as reported by press release 28 October 2010.
The Company expects to complete this 3,000 m phase of drilling on or about 15 December, 2010. To support the drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.
The recently expanded Silverjack property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3715 hectares. The property is 4 kilometres from the Belledune smelter and seaport and is adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
Derek F. Brown, P.Geo. and consultant to SLAM, is the Qualified Person responsible for the technical information contained herein. The lengths tabulated above are measured core intervals in metres. The true thicknesses are unknown. Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were split and one half sent to Activation Laboratories. Activation Labs analyzed the samples using code 8AR for silver, copper, zinc, lead and code Ultratrace 2 for multi-elements. The Company used blank and standard samples for quality assurance and control.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
you guys should really put the ibox together when bankers arm gets better
Bought 5 million shares huh? That's alot -
Good info as always BB!
SLAM RECEIVES ADDITIONAL INVESTMENT SUPPORT FROM PINETREE CAPITAL
MIRAMICHI, NB, Sep. 30, 2010 (Canada NewsWire via COMTEX) -- Funding To Drill Bonanza Grade Gold Deposit At Reserve Creek
SLAM Exploration Ltd. (TSX-V: SXL) ("SLAM") is pleased to announce that one of its major shareholders, Pinetree Capital Ltd (TSX-PNP) ("Pinetree") has demonstrated continued support for SLAM by acquired ownership of an additional 5,000,000 common shares ("Common Shares") and 5,000,000 common share purchase warrants (the "Warrants") through participation in the private placement announced by SLAM in a news release on 23 September 2010. Pinetree reports it now holds 17% of SLAM shares on a partially diluted basis.
SLAM is encouraged by the support from Pinetree and other participants in the private placement which raised a total of $2,263,900. The majority of proceeds from the private placement will be used for the Reserve Creek gold deposit where SLAM expects to start drilling on or about 15 October 2010. The drilling program will step out from intercepts recently drilled at SLAM's wholly owned Reserve Creek gold deposit as reported by news release on 17 August, 2010. Highlights include a 16.85 m core interval grading 16.45 g/t gold with individual samples ranging up to 274 g/t gold over 0.5 m. More information about Reserve Creek including maps can be viewed at this site: http://www.slamresources.com/projects/ontario/reserve-creek-gold/.
Pinetree describes its significant position in a news release on 29 September, 2010 as follows: "As a result of this transaction, Pinetree held, as at September 28, 2010, an aggregate of 18,235,500 common shares of SLAM, including the Common Shares and rights to acquire an additional 9,350,000 common shares of SLAM upon exercise of certain convertible securities (the "Convertible Securities") including the Warrants. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree represents a total of 27,585,500 common shares of SLAM, or approximately 17.0% of all issued and outstanding common shares as at September 28, 2010, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. This transaction was made for investment purposes and Pinetree could increase or decrease its investment in SLAM depending on market conditions or any other relevant factor."
About Pinetree:
Pinetree Capital Ltd. ("Pinetree") was incorporated under the laws of the Province of Ontario and its shares are publicly-traded on the Toronto Stock Exchange ("TSX") under the symbol "PNP". Pinetree is a diversified investment and merchant banking firm focused on the small cap market. Pinetree's investments are primarily in the resources sector: Uranium and Coal, Oil & Gas, Precious Metals, Base Metals and Potash, Lithium and Rare Earths.
SLAM also announces it has issued 100,000 options to an employee to purchase 100,000 common shares with an exercise price of $0.13 expiring on 28 September 2015.
SLAM is a mineral resource company based in Miramichi, New Brunswick. The Company continues to be active in gold, silver and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
>>
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
%SEDAR: 00012459E
SOURCE: SLAM EXPLORATION LTD.
CONTACT: Corporate Inquiries: Mike Taylor, President & CEO, 506-627-1353, Toll Free:
866-523-6719, miketaylor@SLAMexploration.com
Copyright (C) 2010 CNW Group. All rights reserved.
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KEYWORD: New Brunswick
INDUSTRY KEYWORD: MNG
SUBJECT CODE: FNC
SLAM featured on The Gold Report
http://www.theaureport.com/pub/co/1444
Company Info Pinksheets -
http://www.otcmarkets.com/stock/SLMXF/company-info
Nov. 2nd SLAM MOBILIZING DRILL TO SILVERJACK
http://www.otcmarkets.com/stock/SLMXF/news
SLAM DELIVERS ASSAY RESULTS FROM SILVERJACK
Newly discovered high grade copper vein with silver and cobalt
MIRAMICHI, NB, Oct. 28 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces initial trenching results from its Silverjack property in New Brunswick. Eight grab samples from trench TR10-03 returned values ranging up to 8.0 % copper, 86 g/t silver, 1480 ppm cobalt, 1.82 ppm indium and 222 ppb gold. This new copper vein was discovered during the summer by SLAM's exploration team and excavated over a strike length of 80 m by trench TR10-03. The vein ranges up to 30 cm wide and is open along strike and at depth.
Trench TR10-01 uncovered 4 mineralized zones ranging from 2 to 5 m wide. Four grab samples representing 4 separate zones range from 0.63 to 3.93 % zinc and 0.85 to 6.01 % lead. Trench 1 is located 1,000 m south of the Silverjack. The new copper discovery in trench 3 is located 1,000 m south of Silverjack and 350 m west of trench 1. Assays are pending on 22 samples from 8 additional trenches including a similar copper vein flanking trench 3 to the north.
The rocks in these trenches are similar to those hosting the Silverjack deposit. SLAM previously drilled high grade core intervals ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m at Silverjack. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver (7.82 oz/ton), 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.
President and CEO, Mike Taylor states, "Trenching indicates the presence of widespread mineralization and suggests an extensive mineralized system trending at least 1,600 m south from the Silverjack. While silver remains the primary target, we are intrigued with the presence of high grade copper and cobalt and will further investigate the potential of the new discovery vein."
SLAM is finalizing the drilling contract and expects to mobilize a drill on Tuesday, November 2nd. The primary objective of the drilling program is to extend the Silverjack deposit. The drilling program will explore for potential extensions along an airborne VLF-EM conductor which extends south from the Silverjack deposit for a strike length of 2200 meters. Significant lead and zinc mineralization was uncovered by the trenching program along this conductor.
To support the trenching and subsequent drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new- brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com. On behalf of the Board
Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E
SLAM TO MOBILIZE FOR DRILLING AT SILVERJACK
Testing for extensions to high grade silver-copper-zinc-lead deposit.
MIRAMICHI, NB, Oct. 22 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") has signed an agreement to complete up to 3,000 metres of diamond drilling on its Silverjack project in New Brunswick. SLAM expects to start drilling on the first week of November to follow a very successful trenching program which unearthed widespread sulphide mineralization this fall. SLAM has completed approximately 2,800 m of trenching in 8 trenches with zinc, lead and, or copper mineralization uncovered in all 8 trenches.
The primary objective of the drilling program is to extend the Silverjack deposit where SLAM previously drilled high grade core intervals ranging up to 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010. The drilling program will further test this zone and for potential extensions along an airborne VLF-EM conductor which extends south from the Silverjack deposit for a strike length of 2200 meters. Significant lead and zinc mineralization was uncovered by the trenching program along this conductor.
The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
The Company is also making preparation for drilling at Reserve Creek. President & CEO Mike Taylor recently visited Fort Hope, Ontario and noted that the fall freeze-up is just starting. This freeze-up period can cause delays and low productivity especially when the short hours of daylight combine with inclement weather. The Company has decided to postpone drilling and related activities until after freeze-up and winter climate conditions have stabilized.
President and CEO, Mike Taylor states, "We will take advantage of the later fall season in New Brunswick and drill Silverjack where drilling produced spectacular results early this year. The drilling program will test the deposit along with possible extensions along a VLF conductor that extends 2200 m south from the Silverjack deposit. Trenching already indicates the presence of widespread mineralization associated with this conductor and suggests an extensive mineralized system at Silverjack."
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new- brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SLAM TRENCHING WIDESPREAD MINERALIZATION AT SILVERJACK
Testing VLF trend along strike from high grade silver-copper-zinc-lead deposit.
MIRAMICHI, NB, Oct. 19 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces additional indications of widespread sulphide mineralization at its Silverjack property in New Brunswick. SLAM has completed approximately 1200 m of trenching in 7 trenches. All 7 have uncovered zinc, lead and, or copper mineralization.
Six of the trenches have exposed lead and zinc mineralization over a strike length of 600 m. Coarse grained lead and zinc mineralization occur as disseminations and stockworks with up to 4 discrete mineralized horizons ranging from 0.5m to 5m in width within altered limestone. This unit is very similar to the rocks hosting the Silverjack deposit located roughly 1,000 m along strike to the north.
The mineralization in these trenches is spatially associated with an airborne VLF-EM anomaly extending from Silverjack through the trench area and an additional 700 metres south of the trenches for a potential strike length of 2,200 metres. The trenching program will continue to test this VLF trend and associated soil anomalies.
Trench TR10-03 was excavated 300 m west of the main trench area to test a new copper occurrence that had been recently discovered by SLAM's exploration team. This trench uncovered a vein with copper mineralization ranging from 5 to 20 cm wide over a strike length of 80 m associated with conglomerate, limestone and chert. The Company has shipped a total of 24 grab samples from the first 6 trenches. These will be analyzed for copper, lead, zinc and silver as well as other elements.
The rocks in these trenches are similar to those hosting the Silverjack deposit where SLAM previously drilled high grade core intervals ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m at Silverjack. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver (7.82 oz/ton), 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.
SLAM expects to follow up the trenching with a drilling program in early November. To support the trenching and subsequent drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
President and CEO, Mike Taylor states, "The primary target of this program is a VLF anomaly extending 2200 m south along strike from the Silverjack. The trenches are uncovering copper lead and zinc mineralization along this VLF trend. Trenching is expected to conclude around the end of October to be followed by a drilling program later this year. Preparations are also being made for drilling on our Reserve Creek gold deposit with mobilization scheduled for 25 October."
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new- brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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