definately not far to go, better not get there, hopefully today's news will help:
SLAM releases Costigan assay results
Wed Nov 26, 10:34 AM
Grades up to 9.96% zinc + lead; Core lengths up to 28.4 metres; Multiple
zones
MIRAMICHI, NB, Nov. 26 /CNW/ - SLAM Exploration Ltd. (TSX-V: SXL.V) ("SLAM") is pleased to announce results from all 11 holes in a 2767 metre drilling program recently completed at its wholly owned Costigan zinc-lead-silver property in New Brunswick. The following table summarizes these results:
Length Silver_ Lead % Zinc % Zinc+
Hole ID From To m g/t Lead
CM0804* 9.00 37.40 28.40 5.85 1.62 3.66 5.28
CM0805 137.00 149.10 12.10 8.27 1.58 3.27 4.85
CM0805 399.00 403.00 4.00 2.50 1.04 8.92 9.96
CM0806 121.50 127.50 6.00 0.50 2.41 4.72 7.13
CM0806 175.40 177.60 2.20 2.34 3.22 5.42 8.64
CM0807 88.50 105.00 16.50 2.73 0.51 1.34 1.85
CM0809 40.50 46.50 6.00 2.42 1.53 2.64 4.16
CM0809 159.00 165.00 6.00 5.38 2.35 4.32 6.67
CM0810 73.50 79.50 6.00 5.75 2.16 2.6 4.76
CM0811 10.50 34.50 24.00 9.96 2.71 5.74 8.44
CM0812 10.50 24.00 13.50 6.75 1.14 2.19 3.33
CM0812 84.00 93.00 9.00 7.26 1.31 3.01 4.31
CM0813 45.00 49.50 4.50 3.61 1.07 2.62 3.69
CM0813 151.00 155.40 4.40 5.98 1.76 3.58 5.34
CM0814 51.00 54.00 3.00 4.33 1.18 2.32 3.50
*CM0804 previously reported 08 October 08
The holes are at intervals of 25 metres along 2 lines spaced 50 metres apart. All holes intersected disseminations and veins of coarse sphalerite-galena mineralization within a rhyolite dome. These results indicate potential for a significant deposit of near-surface mineralization amenable to low-cost open pit mining methods. This potential resource will supplement the Nash Creek deposit as a key component of SLAM's strategy to develop sustainable, long-term production facilities in New Brunswick.
The lengths tabulated above are measured core intervals. The true thicknesses are unknown. Doug Clark, P.Geo., consultant to SLAM, is the Qualified Person, as defined under National Instrument 43-101, responsible for management of the Costigan project and for drilling results reported in this news release. Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were split with one half retained for reference and one half sent for ore grade assay to Accurassay Laboratories. The Company used blank and standard samples for quality assurance and control in addition to the system of blank, standard and duplicate samples utilized by the laboratory. Accurassay used aqua regia digestion with AA finish.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com.
SLAM Exploration Ltd. is a mineral resource company based in Miramichi, New Brunswick. It is active in base metal exploration in New Brunswick as well as gold exploration in the Uchi subprovince of northwest Ontario where SLAM recently reported successful drilling results and significant gold assays. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
Contacts
Mike Taylor
President & CEO
Corporate Inquiries & Investor Relations
(506) 627-1353
Toll Free: (866) 523-6719
miketaylor@slamexploration.com
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