Slam bullish over Bathurst area project

Vancouver — A 6-hole drill program by Slam Exploration (sxl-v) has returned encouraging polymetallic values from the O’Hearn-Strachens massive sulphide property, near Bathurst, N.B.

Five of the holes cut narrow zones of high-grade lead-zinc-silver mineralization. Highlights are as follows:

– Hole 1 — 1.3 metres grading 1.6% copper, 21.1% lead, 27.8% zinc, plus 281 grams silver and 0.65 gram gold per tonne, from a down-hole depth of 35.2 metres;

– Hole 2 — 0.7 metre grading 1.7% copper, 10% lead, 22.6% zinc, 202 grams silver and 0.26 gram gold from 18.3 metres down-hole;

– Hole 4 — 0.3 metre grading 1% copper, 13.6% lead, 21.2% zinc, 256 grams silver and 0.21 gram gold from 61.6 metres down-hole;

– Hole 5 — 0.5 metre grading 1.1% copper, 12.1% lead, 24.2% zinc, 225 grams silver and 0.26 gram gold from 39.7 metres down-hole; and

– Hole 5 — 1.1 metres grading 1.3% copper, 2.7% lead, 1.7% zinc, 184 grams silver and 0.16 gram gold from 83.3 metres down-hole.

Holes, 1, 2, 4, and 5 tested a 100-metre strike-length section of the O’Hearn zone, whereas hole 6 tested a prospect 500 metres to the south. Hole 3 tested for the source of massive sulphide boulders discovered last year but failed to cut any significant mineralization.

The deposit has a resource of 29,900 tonnes grading 13.4% zinc, 8.2% lead, 1% copper and 90.2 grams silver.