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SLAM Discovers New Zinc and Copper Mineralization
SLAM Discovers New Zinc and Copper Mineralization Canada NewsWire MIRAMICHI, NB,...
About this update from Slam Exploration Ltd.
[{"type":"text","content":"\n\n\n\nSLAM Discovers New Zinc and Copper Mineralization\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, June 21, 2018\n\n\n\nSLAM Awarded $50,000 NBJMAP Assistance For Proposed Drilling Program\n\nTSXV: SXL \n\n\n\nMIRAMICHI, NB, June 21, 2018 /CNW/ - SLAM Exploration Ltd. (\"SLAM\" or the \"Company\" on TSXV: SXL) is pleased to announce the discovery of a series of volcano-sedimentary boulders with zinc and copper mineralization spread over 1,200 m along a prominent ridge 3.5 km south of the Portage zone.  Preliminary trenching has uncovered favourable volcano-sedimentary rock units and previous surveys indicate a number of untested airborne electromagnetic anomalies in the vicinity of this prospecting discovery. Assays are pending on samples from the mineralized boulders.\n\n\n \n \n\n \nThe Portage zinc-lead-copper-silver property is SLAM's flagship project in the Bathurst Mining Camp (\"BMC\") of New Brunswick, Canada where the Company now owns 38,000 hectares of mineral land. The prospecting and trenching program is the initial stage of the 2018 exploration program at Portage. The program is centered around the Portage volcanogenic massive sulphide occurrence discovered by previous workers in 1976.  \n\nMineralized core intervals occur in 15 of the 21 historic diamond drill holes drilled on the Portage zone. Drilling has outlined a zone with dimensions of 450 m along strike, 250 m down-dip and up to 60 m thick. Early drilling results include a 25.30 m core interval grading 3.27% zinc 0.52% lead and 0.30% copper including a 3.35m core interval of 5.81% zinc 2.97% lead 0.61% copper at a depth of 100m in hole CP77-57. The Company has located most of the historic sites including CP77-57 and is conducting preliminary geological work and prospecting in preparation for a proposed drilling program later this summer. The zone is open down-dip and that direction will be the focus of the proposed drilling program.\n\n$50,000 NBJMAP Grant: The Company has been awarded a grant of $50,000 under the New Brunswi...