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SLAM TO RESUME DRILLING FOR GOLD AT RESERVE CREEK
Jan. 7, 2011 (Canada NewsWire Group) -- Extending Contract To Test Bonanza Gold Z one ...
About this update from Slam Exploration Ltd.
[{"type":"text","content":"\n\n\n\n Jan. 7, 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\nExtending Contract To Test Bonanza Gold Zone\n\n\nMIRAMICHI, NB, Jan. 7 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM")\n announces it plans to deploy its exploration team to resume drilling\n operations on its wholly owned Reserve Creek gold project on 15 January\n 2011. This is a continuation of 9 holes drilled for a total of 1145 m\n in December. Mineralized zones occur in all 9 holes over core intervals\n ranging from 3.5 m to 29.85 m. Visible gold occurs in 5 of the holes.\n\n\nAssays are pending on 555 samples that were submitted for gold assay and\n representing 525 m of mineralized core from the 9 holes. Initial assay\n results are expected on or about 11 January 2011. These holes are\n testing the strike extent up to 230 m from bonanza grade intercepts in\n hole RS10-16 previously drilled in June 2010. Hole RS10-16 intersected\n 16.45 g/t gold over a 16.85 m core interval with individual samples\n grading up to 274 g/t gold over 0.5 m (news release 17 August 2010).\n\n\nThe Company expects to complete the current 2000 m contract program in\n the next few weeks and plans to extend the program through the winter\n months of 2011.\n\n\nMichael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified\n Person responsible for the technical information contained herein. The\n core intervals described are drilled intervals. True thicknesses are\n unknown. Reserve Creek drilling activities are pr...