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zinc investing

SLAM Acquires Property Adjacent To The No. 12 Mine

Jocelyn Aspa
Feb. 03, 2017 09:02AM PST
Base Metals Investing

SLAM Exploration (TSXV:SXL) has announced that it has acquired five mineral claims covering 1,350 hectares of land called the Connector Property. As quoted in the press release: These claims connect the former producing Brunswick No. 12 and No. 6 mines owned by Glencore and located in the Bathurst Mining Camp (“BMC”) of New Brunswick, Canada. …

SLAM Exploration (TSXV:SXL) has announced that it has acquired five mineral claims covering 1,350 hectares of land called the Connector Property.
As quoted in the press release:

These claims connect the former producing Brunswick No. 12 and No. 6 mines owned by Glencore and located in the Bathurst Mining Camp (“BMC”) of New Brunswick, Canada.
SLAM owns a database compiled from previous exploration workers and government sources that covers the entire BMC district.  This database highlights the mineral potential of the Connector property.  Airborne and ground surveys as well as previous drilling results show that the same folded rock units that host the No 12 and No 6 orebodies are found beneath the claims staked by SLAM.
Joint Venture/Earn-In Opportunity:  The Connector and other mineral properties owned by SLAM are available for joint venture and/or an option-earn-in agreement.  These properties have mineral potential demonstrated by previous drilling results as well as airborne and ground geophysical and geochemical surveys.  For additional information, call Mike Taylor 506-623-8960.
About The Brunswick No 12 Mine:  The massive Brunswick No 12 orebody was discovered in 1953 and operated continuously from 1964 to 2013.  It produced 150 million tonnes of ore grading 8.46% zinc, 3.33% lead, 0.37% copper, and 99 g/t silver.
About The Brunswick No 6 Mine:  The Brunswick No 6 orebody was the first major sulfide deposit discovered in the Bathurst area. The zinc-lead-copper-silver mine was discovered in October, 1952 and was in production from 1966 until 1983 with total production of 12 million tonnes.

Click here to read the full press release.

zinc investing joint venture tsxv:sxl slam exploration canada sulfide deposit new brunswick
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