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SLAM Gold Concentrate Assays 20.54% Gold
SLAM Gold Concentrate Assays 20.54% Gold SLAM Gold Concentrate Assays 20.54% Gold ...
About this update from Slam Exploration Ltd.
[{"type":"text","content":"\n\n\n\nSLAM Gold Concentrate Assays 20.54% Gold\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\nSLAM Gold Concentrate Assays 20.54% Gold\nCanada NewsWire\nMIRAMICHI, NB, Nov. 15, 2016\n\n\n\nSXL Website Updated With New Photos And Presentation From Maisie Gold\n\nTSXV: SXL OTCBB: SLMF\n\n\n\nMIRAMICHI, NB, Nov. 15, 2016 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (\"SLAM\" or the \"Company\") is pleased to report a 3.93 oz test sample of gold concentrate from the Maisie deposit returned an assay of 20.54% gold and 1.63% silver from a Canadian refinery for contained ounces of 0.76 gold and 0.06 silver. The refinery produced gold at a 98% recovery rate and silver at a 90% recovery rate. The 4 ounce test sample was valued at $1261. Results are pending from an additional 2 kg of concentrate that were submitted to the refinery for processing.  \n\nSLAM intends to complete a diamond drilling program to test for extensions of the high grade ore shoots at depth. Exploration of the Menneval project is still at an early stage and there is potential for discovery of additional high grade gold deposits as well as extensions of the known gold ore shoots. The Company also intends to complete the 2,000 tonne bulk sampling program in the 2017 field season and continue to focus on high grade gold-bearing material from the high grade Blow ore shoot.   \n\nVisit SLAM's website for updates on the Menneval gold project. Photos, videos and a recent presentation by Mike Taylor are available for viewing and download at www.slamexploration.com.  \n\nAuthorization: A License of Occupation authorizes the Company to extract and process ore from this high grade gold deposit over a two year period. Under this License, the removal and processing of a 2,000 tonne bulk sample has been approved by the New Brunswick Department of Environment and the Department of Energy and Mines. No drilling or blasting is required and no chemicals are used in the process. The purpose is to develop environmentally and commercially sustainable techniques to extract gold, provide an e...