SLAM Exploration Discovers New Massive Sulphide Discovery in Bathurst Mining Campadmin
SLAM Exploration Ltd. announces a significant new discovery of massive sulphides in the Bathurst Mining Camp near Bathurst New Brunswick. Angular boulders of massive and stringer sulphides have been found over a strike length of 2 km. These boulders are spatially associated with a series of untested airborne conductors and magnetic trends that show a strike length of 15 km.
Encouraged by this discovery and significant geophysical association, the Company launched an aggressive staking campaign acquiring a total of 607 claims. The wholly-owned property comprises 9712 hectares of highly prospective volcano-sedimentary rocks. The property, dubbed TSN after its location at “The South Narrows”, is located 50 km west of Miramichi where an extension of Tetagouche rocks extends southwest of the Bathurst Mining Camp. This area has seen very little exploration even though it hosts Tetagouche volcanic and sedimentary rocks similar to those hosting the world renowned 150 million tonne Brunswick Mining and Smelting No. 12 Mine.
Mike Taylor, CEO says, “We are very excited about the potential for a major new sulphide body in the Bathurst Mining Camp and the positive impact it would have for SLAM. The TSN property is consistent with our strategy of amassing resources located within close proximity that could be mined and transported economically to existing mills and smelters. While the Nash Creek zinc deposit is our main focus, this new discovery is a tremendous opportunity. We expect to move quickly and evaluate this with a trenching program and, if warranted, a drilling program”.
SLAM Exploration Ltd. is a mineral resource company based in Miramichi, New Brunswick. It is extremely 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 gold assays.