Business

SLAM Exploration Flying Airborne Survey Over Gold Projects

May 12, 2011 (Canada NewsWire Group) -- To Produce High Resolution Data For Reserve Creek, O...

articleSlam Exploration Ltd.May 12, 20113/company/slam-exploration-ltd/news/slam-exploration-flying-airborne-survey-over-gold-projects-1
SLAM Exploration Flying Airborne Survey Over Gold Projects

About this update from Slam Exploration Ltd.

[{"type":"text","content":"\n\n\n May 12, 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\nTo Produce High Resolution Data For Reserve Creek, Opikeigen and\n Miminiska Gold Properties\n\n\nTSXV: SXL   US-OTC: SLMF\n\n\nMIRAMICHI, NB, May 12 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (US-OTC:SLMXF) ("SLAM") has contracted for a high resolution airborne magnetic survey to start\n immediately over its wholly owned Reserve Creek Gold Property, the\n Opikeigen gold joint venture with Beatrix Ventures Ltd. (TSX:BXV)  and\n the Miminiska property recently optioned to Namex Explorations Inc.\n (TSXV: NME) (trading status pending).\n\n\nGeotech Ltd has been contracted to fly a total of 1490 line km of\n helicopter-borne aeromagnetics at 100 m spacing over three gold\n properties near Fort Hope Ontario later this month.  The 3 axis\n Airborne Magnetic Gradiometer will provide very high resolution\n gradiometer data.  This high resolution data will aid geologists in\n choosing drill targets and to further delineate gold-bearing rock\n units.\n\n\nThe survey will be broken down to 661 km over Reserve Creek property,\n 515 km over Opikeigen property and 315 km over Miminiska property. The\n Opikeigen survey will be cost-shared with joint venture partner Beatrix\n and the Miminiska survey will be funded by Namex. These projects\n produced significant gold results in the 2010 drilling campaign\n including 16.45 g/t gold over 16.85 m at Reserve Creek and 64 g/t gold\n over 1.0 m at Mimin...

More updates from Slam Exploration Ltd.