SLAM returns to Superjack: Drilling is in progress to test a deep zone discovered in our 2011-2012 drilling campaign. Our deepest hole, NP11-39 cut a 4.1 m interval of massive sulphide grading 10.11% zinc, 1.24% lead, 0.30% copper and 32.84 g/t silver at a vertical depth of 460 m. This high grade intercept is 230 m below any intercepts by previous workers and is open laterally and at depth. SLAM is drilling hole NP15-86 adjacent to the NP11-39 massive sulphide interval.
The Superjack project is located on a major haulage road 15 km west of Glencorp’s 150M tonne BMS No. 12 mine, a large zinc-lead-silver producer that closed in 2013. Trevali’s Caribou mine is 30 km to the northwest. These base metal deposits are located in the prolific Bathurst Mining Camp (“BMC”) of Northern New Brunswick, an area known for large zinc deposits.
SLAM’s Menneval Gold project was the site of a new gold discovery in 2012. Since then we have focused our activity there and on our other priority, the Superjack zinc-lead-silver project.