SLAM Exploration Ltd. is a mineral resource company based in Miramichi, New Brunswick and is currently working to advance recent gold discoveries on its wholly owned Menneval property in northwestern new Brunswick. Discoveries at Menneval include the Maisie gold zone where several high grade to bonanza grade shoots have been identified at surface and drilled to a vertical depth of 30 m.
The Company has received approval from the Department of Environment for a permit to extract and process a bulk sample to test this gold vein and has applied for a License of Occupation to complete this work.
The Company reported a 3 M tonne NI 43-101 compliant resource on its wholly owned Superjack deposit in 2012. The near surface base metal-silver deposit has potential for open-pit mining.
SLAM’s wholly owned Nash Creek zinc-lead deposit contains a 43-101 compliant resource estimate published in February 2009 by Wardrop Engineering Inc. SLAM also owns the Costigan, Nepisiguit and Nash Creek zinc-lead-silver deposits in the Bathurst mining area.
In addition, SLAM owns the Reserve Creek, Opikeigen and Miminiska gold properties in the gold producing Uchi Sub-province of northwest Ontario.
The Company is seeking partners with both technical expertise and financial resources to continue with its strategies for project development. SLAM’s long-term success depends on making discoveries, and the development of deposits into mines. While the company’s current portfolio has excellent potential, SLAM continually searches for new properties and potential acquisitions. SLAM’s future may rest on the ability of management to select promising properties and to finance exploration on these properties.