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Gold and Base Metal Projects (Ontario and New Brunswick)

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Message: NEWS: Assay Results Confirm the Continuation of Near Surface Mineralization at Slam Exploration's Nash Creek Deposit

Well,

Once again we got assays that so many have been waiting for, and once again, news was met with a muted response to say the least. Given current market conditions (and zinc prices), that was unfortunately not a big surprise.

That being said, results were quite encouraging (again) as we long term sxl holders have come to expect - intersections up to 31 m in thickness and values ranging up to 3.75% zinc, 1.01% lead and 41.8 g silver in a tabular orebody that now strikes 1.4 km and ranges 100-300 m in width and up to 40 m in thickness.

Interesting that the co. stated their intentions of outlining 15 million tonnes of ore. I strongly suspect that they firmly believe from data already obtained that they can inevitably achieve this, up considerably (250%) from the last resource update of approximately 6 million tonnes (inferred and indicated).

So we've got an approximate 15 million tonne, open pit amenable zinc-lead-silver orebody that's located on a property that is transected by infrastructure including power lines, a highway and rail line leading to a seaport 25 km away - in other words, metrics that most informed resource investors look for in a company. With metal prices and market conditions where they currently are, I'd personally prefer a company with a deposit in such an environment than a higher grade, underground deposit in an isolated locale with significantly higher costs involved - costs that in these markets may not be feasible.

Now, if only the stock price would respond, even just a little, I'd be a happy little skipper.

Have a good evening!

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