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SLAM Acquires The Lower 44 Massive Sulphide Property
SLAM Acquires The Lower 44 Massive Sulphide Property Canada NewsWire MIRAMICHI, ...
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[{"type":"text","content":"\n\n\n\nSLAM Acquires The Lower 44 Massive Sulphide Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMIRAMICHI, NB, Feb 14, 2017\n\n\n\nLower 44 Mineral Claims Host Zinc-Lead-Copper-Silver-Gold Zones\n\nTSXV: SXL OTCBB: SLMF\n\n\n\nMIRAMICHI, NB, Feb 14, 2017 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (\"SLAM\" or the \"Company\") is pleased to announce it has acquired 5 mineral claims covering 1350 hectares of land known as the Lower 44 property located in the Bathurst Mining Camp (\"BMC\") of New Brunswick, Canada.  The site is 20 km west of the former producing Brunswick No. 12 mine owned by Glencore and 18 km south of the Caribou mine owned and operated by Trevali Mining Corp.\n\nThe Lower 44 property is host to three historic zinc-lead-copper-silver-gold mineral occurrences known as the Lower 44 zone, the Essex zone and the Tribag zone.  The best drilling intercept to date is a 3.8 m core length grading 12.9% zinc, 5.35% lead, 0.78% copper, 70.6 g/tonne silver and 1.37 g/t gold reported from the Lower 44 zone in 1983.  The Lower 44 zone (formerly known as the \"Bog\" zone), was intersected by 4 drill holes over a strike length of 60m and drilled widths ranging from 0.6 to 3.8 m.\n\nThe Essex zone comprises banded to massive sulphides traced over a strike length of 450 m and to a depth of 100 m by 5 diamond drill holes.  Essex zone intercepts include 2.3 metres grading 3.25% zinc, 0.99% lead, 0.18% copper, 43.64 g/t silver and 1.29 g/t gold.\n\nThe Tribag zone was discovered in 1962 and drilled by 8 diamond drill holes over a strike length of 200m to a depth of 60m.  Intercepts of banded to massive sulphides with visible zinc-lead-copper mineralization were reported over core lengths ranging up to 6.5m.  The historical records reviewed by SLAM do not include assay data for the Tribag drill holes.  \n\nThe Lower 44, Essex and Tribag zones are volcanogenic massive sulfide occurrences (VMS) discovered by previous workers in drilling campaigns dating back to the 1950's.  Sulphide mineralization occurs with...