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SLAM Exploration Increases its Portfolio of Zinc and Cobalt Properties in Bathurst Mining Camp, New Brunswick - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2017) - SLAM Exploration (TSXV: SXL...
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[{"type":"text","content":"SLAM Exploration Increases its Portfolio of Zinc and Cobalt Properties in Bathurst Mining Camp, New Brunswick - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - December 1, 2017) - SLAM Exploration (TSXV: SXL) (OTC: SLMXF) has added to its extensive holdings in the Bathurst Mining Camp, with the staking of the Red Pine property. The Bathurst Mining Camp, which occupies a roughly circular area of approximate 70 kilometres diameter in northern New Brunswick, boasts some 46 mineral deposits with well defined tonnage and another 100 mineral occurrences.InvestmentPitch Media has produced a \"video news alert\" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"SLAM\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_jrimhblb/SLAM-Exploration-TSXV-SXL-has-added-to-its-extensive-holdings-in-the-Bathurst-Mining-Camp-with-the-staking-of-the-Red-Pine-propertyThe Red Pine property is located on the east side of the camp where potential targets are hidden beneath a cover sequence of younger sedimentary rocks. Combined with recent acquisition of the Portage claims, this expands SLAM claim holdings to 29,000 hectares in the Bathurst Mining Camp of New Brunswick, Canada where an evolving zinc play is attracting companies and investment dollars. Other companies with large land holdings include Osisko Metals and Wolfden Resources with 50,000 and 20,000 hectares respectively. Trevali Mining operates the Caribou mine and owns the advanced Restigouche, Half-mile and Stratmat deposits. Trevali reported that it anticipates initial production from Restigouche to supplement feed to the Caribou mill by the 3rd quarter of 2018.SLAM has focused on property acquisition and preliminary prospecting in exploration for zinc-rich 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, considered a drill-ready, high priority target, based on previous dr...