MENNEVAL GOLD 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 Maisie vein on SLAM’s 100% owned Menneval gold project.

After discovery in 2012, SLAM  traced the Maisie gold bearing vein system  by trenching and drilling along a 700 m strike length. 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.  Selected drilling results are summarized in the table below:

Hole_ID From_m Interval_m Gold_g/t
MG1363 30.55 0.85 44.53
MG1357 16.50 1.20 1.67
MG1355 10.00 0.80 2.11
MG1354 8.60 1.30 3.36
MG1352 16.00 1.90 22.97
MG1226 21.00 4.00 8.51
MG1225 17.90 0.40 16.90
MG1224 13.00 0.35 46.10

 

Longitudinal View 80 m section of Maisie vein

The longitudinal view shows an 80 m long portion of the Maisie gold vein to a depth of 40 m. this section of the vein is known as the “Hook”. The red areas represent drill core intercepts above 10 g/t gold. Green areas range from 3 to 10 g/t gold. Blue areas are 1 to 3 g/t gold. Dots with hole numbers show projection of each drill core intercept to this longitudinal plane.

 

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.

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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