Business

SLAM Drilling at Reserve Creek Gold Project

Jun. 10, 2011 (Canada NewsWire Group) -- Drilling Underway to Test High Priority Gold Target...

articleSlam Exploration Ltd.June 10, 20114/company/slam-exploration-ltd/news/slam-drilling-at-reserve-creek-gold-project
SLAM Drilling at Reserve Creek Gold Project

About this update from Slam Exploration Ltd.

[{"type":"text","content":"\n\n\n Jun. 10, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nDrilling Underway to Test High Priority Gold Targets in Proximity to\n Deposit\n\n\nTSXV: SXL   US-OTC: SLMF\n\n\nMIRAMICHI, NB, June 10, 2011 /CNW/ - SLAM Exploration Ltd. (TSXV:SXL) (US-OTC: SLMF) ("SLAM") is pleased to announce that drilling is underway at the 100% owned\n Reserve Creek gold project in northwest Ontario located near Fort\n Hope.  The drill is currently set up 900 m east of the Reserve Creek\n deposit where SLAM drilled an interval grading 16.45 g/t gold over\n 16.85 m in 2010. The initial target is a coincident geochemical and\n aeromagnetic anomaly with a signature very similar to the Reserve Creek\n deposit.\n\n\nSLAM is using high resolution data generated from the recently completed\n airborne magnetic survey as well as previous exploration results to\n focus drilling on high potential targets. The aeromagnetic data\n indicates that favourable strata and structures are associated with the\n Reserve Creek deposit and extend approximately 10 km eastward across\n the property. The initial program at Reserve Creek will comprise  1,500\n m after which the drill rig will move to the Opikeigen gold joint\n venture with Beatrix Ventures Ltd. (TSX:BXV). This will allow time for\n results from Reserve Creek to be assayed and analyzed in preparation\n for potential follow-up.\n\n\nSLAM CEO, Mike Taylor, feels that the Fort Hope area has all the\n geological features of a p...

More updates from Slam Exploration Ltd.