Silverjack
SLAM has announced results from all 20 holes in its 1780 metre drilling program on its Silverjack deposit located adjacent to its wholly owned Nash Creek zinc-lead-silver deposit in northern New Brunswick. Several holes intersected high grade base metal sulphide mineralization with values ranging up to 2.69% copper, 14.60% zinc, 12.8% lead and 653 g/t silver (19.05 oz/ton) with as outlined in the table below.
Drilling Results
| Hole | From | To | Length | Silver g/t | Copper % | Zinc % | Lead % | Silver oz/ton |
| SJ09-01 | 56.10 | 56.70 | 0.60 | 36.00 | 0.43 | 0.21 | 0.21 | 1.05 |
| SJ09-01 | 56.70 | 57.50 | 0.80 | 71.00 | 1.72 | 0.14 | 0.12 | 2.07 |
| SJ09-01 | 59.60 | 60.40 | 0.80 | 592.00 | 1.95 | 7.39 | 5.51 | 17.27 |
| SJ09-01 | 60.40 | 61.50 | 1.10 | 128.00 | 1.10 | 5.10 | 3.21 | 3.73 |
| SJ09-01 | 56.10 | 61.50 | 5.40 | 128.30 | 0.82 | 2.18 | 1.52 | 3.74 |
| SJ09-02 | 53.00 | 56.00 | 3.00 | 73.00 | 0.30 | 0.12 | 0.11 | 2.13 |
| SJ09-03 | 49.80 | 51.50 | 1.70 | 19.71 | 0.20 | 2.07 | 1.68 | 0.57 |
| SJ09-04 | 48.20 | 51.35 | 3.15 | 139.43 | 0.77 | 1.70 | 1.19 | 4.07 |
| SJ09-04 | 50.00 | 50.70 | 0.70 | 423.00 | 2.24 | 5.14 | 3.06 | 12.34 |
| SJ09-05 | 34.10 | 36.50 | 2.40 | 86.85 | 0.53 | 1.41 | 1.39 | 2.53 |
| SJ09-06 | 44.80 | 47.00 | 2.20 | 142.17 | 0.41 | 1.39 | 0.96 | 4.15 |
| SJ09-07 | 55.80 | 57.65 | 1.85 | 45.65 | 0.22 | 10.43 | 9.48 | 1.33 |
| SJ09-08 | 24.50 | 27.60 | 3.10 | 63.35 | 0.33 | 3.03 | 2.35 | 1.85 |
| SJ09-08 | 38.68 | 42.10 | 3.42 | 12.67 | 0.24 | 1.27 | 0.99 | 0.37 |
| SJ09-10 | 7.00 | 7.50 | 0.50 | 43.00 | 0.55 | 3.79 | 3.42 | 1.25 |
| SJ09-11 | 25.50 | 26.39 | 0.89 | 18.00 | 0.23 | 1.20 | 0.87 | 0.53 |
| SJ09-12 | 44.24 | 47.70 | 3.46 | 171.29 | 0.78 | 4.81 | 4.02 | 5.00 |
| SJ09-12 | 46.00 | 47.00 | 1.00 | 151.00 | 0.84 | 3.64 | 2.57 | 4.40 |
| SJ09-12 | 47.00 | 47.70 | 0.70 | 585.00 | 2.47 | 14.60 | 12.80 | 17.06 |
| SJ09-14 | 44.70 | 51.30 | 6.60 | 268.20 | 1.27 | 5.65 | 4.53 | 7.82 |
| SJ09-14 | 44.70 | 45.40 | .70 | 32.00 | 0.19 | 7.37 | 5.57 | 0.93 |
| SJ09-14 | 45.40 | 47.00 | 1.60 | 188.00 | 0.76 | 4.00 | 2.81 | 5.48 |
| SJ09-14 | 47.00 | 48.25 | 1.25 | 416.00 | 1.44 | 5.85 | 4.79 | 12.13 |
| SJ09-14 | 48.25 | 49.25 | 1.00 | 263.00 | 1.96 | 11.90 | 9.80 | 7.67 |
| SJ09-14 | 49.25 | 50.00 | 0.75 | 653.00 | 2.69 | 2.00 | 2.34 | 19.05 |
| SJ09-14 | 50.00 | 51.30 | 1.30 | 134.00 | 0.94 | 3.87 | 3.06 | 3.91 |
| SJ09-15 | 41.00 | 44.00 | 3.00 | 76.00 | 0.65 | 1.35 | 1.13 | 2.22 |
| SJ09-16 | 42.50 | 45.50 | 3.00 | 21.73 | 0.37 | 2.50 | 2.03 | 0.63 |
| SJ09-17 | 30.60 | 31.00 | 0.40 | 22.00 | 0.38 | 0.31 | 0.24 | 0.64 |
| SJ09-18 | 8.00 | 9.50 | 1.50 | 0.63 | 0.00 | 0.01 | 0.00 | 0.02 |
| SJ09-19 | 18.20 | 24.50 | 6.30 | 17.04 | 0.14 | 1.51 | 1.20 | 0.50 |
| SJ09-20 | 28.60 | 29.75 | 1.15 | 76.00 | 0.93 | 6.11 | 4.03 | 2.22 |
The Silverjack deposit was discovered by Dome Mines Limited in 1960. Dome drilled intercepts grading up to 1565.14 g/t (45.65 oz/ton) silver, 3.75% copper, 14.97% zinc and 11.01% lead over 0.91 m within an interval that averaged 669.66 g/t (19.42 oz/ton) silver, 3.23% copper, 14.25% zinc and 11.32% lead over 2.8 m. This high grade zone is open along strike and at depth. A 17 ton bulk sample grading 51.05 oz/ton (1750.3 g/t) silver, 14.3% lead and 10.2% copper was excavated in 1975 from The Knowles vein, 100 metres to the northeast as shown on the maps below.
Silverjack is a manto type silver-copper-lead–zinc deposit associated with a limestone unit. The mineralized limestone formations hosting the Silverjack extend at least 3300 metres to the southwest as shown on the geology map below. Several base metal-silver occurrences are shown as stars with a reference number derived from the New Brunswick Mineral Occurrence Database and accessed under the heading Databases at www.gnb.ca/0078/minerals/Minerals_Menu-e.aspx.
| Geology Map | Diamond Drill Plan |
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The Silverjack property comprises 13 claims under option plus 62 wholly owned mineral claims for a total of 1,290 hectares in the Mitchell area. This property is adjacent to SLAM’s Nash Creek zinc-lead-silver deposit (with a 43-101 compliant resource estimate) and 12 kilometres southwest of the Belledune smelter and seaport.
Silverjack
| New Brunswick |
| - Costigan |
| - Goodwin |
| - Nash Creek |
| - Nepisiguit |
| - Silverjack |
| - TSN |
| Ontario |
| - Miminiska-Keezhik Gold |
| - Opikeigen Lake Gold |
| - Reserve Creek Gold |
Apr 05, 2012 (PDF)
Exploration Program Underway On New Gold Discovery
Mar 28, 2012 (PDF)
SLAM discovers new zone of Nickel, Copper and Cobalt on it's wholly owned Goodwin Lake Nickel project in Northern New Brunswick. The project is located 5 km south of the Halfmile lead-zinc-silver deposit currently being developed by Trevali Mining Corporation in the prolific Bathurst Mining Camp of New Brunswick and nearby to Xstrata's BMS#12 Mine.
Mar 09, 2012 (PDF)
SLAM is pleased to report additional gold assays from its recently acquired gold discovery located at Saint Quentin, New Brunswick. A series of quartz veins were excavated in 3 trenches 100m along strike from the original Lavoie discovery vein. Of 31 grab samples collected from quartz veins as well as adjacent sediments, 25 samples contain gold ranging from 0.04 g/t to 7.18 g/t.
Mar 01, 2012 (PDF)
SLAM is pleased to announce the completion of drilling at it's wholly owned Nickel-Copper-Cobalt project at Goodwin Lake. XRF Scans Show Significant Concentrations of Nickel, Copper and Cobalt.
Feb 28, 2012 (PDF)
SLAM is pleased to congratulate the Honourable Bruce Northrup, Minister of Natural Resources and the staff at Natural Resources for New Brunswick’s number one ranking among global mining and exploration jurisdictions in an annual survey by the prestigious Fraser Institute.
SLAM has a huge land package comprising a very attractive portfolio of projects in New Brunswick.