MENNEVAL GOLD PROJECT

SLAM has been awarded a $25,000 NBJMAP grant in support of a proposed drilling program designed to test the Maisie gold vein to a potential depth of 100m at the Menneval project.

Photo shows 8×10 cm section of quartz vein material with coarse visible gold associated with iron oxide blebs.  This was sawn from a boulder discovered beside the Maiise vein.

After discovery in 2012, SLAM  traced the Maisie gold bearing vein system  by trenching and drilling along a 700 m strike length and to a depth of 30 metres.

The metre thick vein  shown to the right is considered a high priority target for SLAM’s proposed drilling program.  The program is designed to drill at least 5 holes to test this vein system  to a potential depth of 100 m. The Maisie is a fairly complex vein system of laminated and banded crack-seal type quartz to massive bull quartz.

Diamond drilling  of 64 holes extended the gold-bearing structure to a vertical depth of 30 metres. Gold was detected in 56 of the 64 holes drilled.  Gold occurs as discrete blebs associated with iron oxides and/ or sulphides in laminated to ribbon-style quartz vein material.  Gold occasionally occurs fractured bull-quartz and in sheared sediments that host the veins.

Maisie Drill Hole LocaionsTrenching and drilling results trace the Maisie gold vein system over a strike length of 700 m on the map to the left. Selected gold-bearing sites uncovered by  trenching are shown as green diamonds. visible gold was noted in 8 holes MG1201, MG1211, MG1221, MG1224, MG1225, MG1226, MG1352 and MG1363. Grades range up to 121.00 g/t gold over 0.31 m and 22.97 g/t gold over 1.9m.

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Maisie Geology

Other targets include Zone 9 where a series of trenches have unearthed a swarm of crosscutting quartz veins located 700 m southeast of the Maisie Zone shown on the map to the right.

Both vein systems are mineralized with minor limonite, goethite, hematite and pyrite in laminated to massive crack-seal type veins that range up to 1.2 m in thickness.These veins formed by a gold generating hydrothermal system associated with the Grand Pabos fault, a major Appalachian structure that passes north of the property.

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