Business
SLAM Adds To Zinc and Cobalt Portfolio
SLAM Adds To Zinc and Cobalt Portfolio Canada NewsWire MIRAMICHI, NB, Nov. 29, 2...
About this update from Slam Exploration Ltd.
[{"type":"text","content":"\n\n\n\nSLAM Adds To Zinc and Cobalt Portfolio\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, Nov. 29, 2017\n\n\n\nRecent Activities In The Mineral-Rich Bathurst Mining Camp\n\n\n\nMIRAMICHI, NB, Nov. 29, 2017 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (\"SLAM\" or the \"Company\") is pleased to report acquisition of the Red Pine property by staking.  Combined with recent acquisition of the Portage claims, this expands SLAM claim holdings to 29,000 hectares in the Bathurst Mining Camp (\"BMC\") of New Brunswick, Canada where an evolving zinc play is attracting companies and investment dollars.  The Red Pine property is located on the east side of the BMC where potential targets are hidden beneath a cover sequence of younger sedimentary rocks. \n\n\n \n \n\n \nThe New Brunswick Zinc Play:   Other companies with large land holdings include Osisko Metals and Wolfden Resources with 50,000 and 20,000 hectares respectively.  Trevali Mining Corp. operates the Caribou mine and owns the advanced Restigouche, Half-mile and Stratmat deposits.   \n\nSLAM 2017 Exploration Program:  The Company has focused on property acquisition and preliminary prospecting in exploration for zinc-rich volcanogenic massive sulphide (VMS) deposits in the Bathurst Mining Camp.  This Phase I program includes compilation of previous results combined with prospecting to evaluate and prioritize projects and drilling targets for the next phase of activity.  The higher priority projects include Portage, Connector and Lower 44, all prospective for zinc-rich VMS deposits along with related minerals copper, lead and silver.  SLAM acquired the Ramsay cobalt project based on previous drilling results and its location adjacent to SLAM's Portage property approximately 25 km west of the Caribou mine.  \n\nRamsay Cobalt Project:  SLAM reported acquisition of the Ramsay claims by news release October 11, 2017 and the results of nine holes were drilled on the Ramsay property by previous workers in 2004.  Drilled ...