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 3 claims under option plus 59 wholly owned mineral claims for a total of 992 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 |
| - Nash Creek |
| - Nepisiguit |
| - Silverjack |
| - TSN |
| Ontario |
| - Miminiska-Keezhik Gold |
| - Opikeigen Lake Gold |
| - Reserve Creek Gold |
Feb 16, 2010 (PDF)
Grades range up to 2.69% copper, 11.9% zinc, 9.8% lead and 653 g/t silver.
Feb 08, 2010 (PDF)
Silver-copper-lead-zinc intervals grading up to 585 g/t (17.06 oz/ton) silver.
Feb 02, 2010 (PDF)
New drilling intercepts up to 423 grams/tonne (12.35 oz/ton) silver.
Jan 11, 2010 (PDF)
Initial drill hole at Silverjack intersects 592 g/t (17.27 oz/ton) silver.
Dec 31, 2009 (PDF)
SLAM raises $300,000 in financing with MineralFields.