SLAM Exploration Ltd. Presenting at CIM-NB Branch 37th Convention
Lavoie and Maisie Zone Gold Discoveries-NI43-101 Compliant Nepisiguit DepositMIRAMICHI, NEW BRUNSWICK -- (Marketwire) -- 09/18/12 -- SLAM Exploration Ltd. (TSX VENTURE: SXL) (OTCBB: SLMF) ("SLAM") will be presenting at the thirty-seventh CIM - New Brunswick Branch Convention as follows:
Time: 10:30 AM Friday, Sept 21st, 2012
Technical Sessions
Canadian Institute of Mining - NB Branch 37th Convention
Danny's Inn & Conference Centre, Beresford, NB
President and CEO Mike Taylor will do a power point presentation featuring SLAM's road accessible gold and base metal projects in northern New Brunswick. The presentation will cover new gold discoveries at the NW Gold and Menneval projects as well as the recently published NI43-101 copper-lead-zinc-silver resource at Nepisiguit. It will feature the original Lavoie gold discovery at NW Gold as well as the new Maisie Zone gold discovery at Menneval. Trenching on the Lavoie discovery resulted in bonanza grade samples grading up to 493 g/t gold as announced January 09, 2012. The current trenching program at Menneval has already sourced the Maisie discovery boulders to a visible gold-bearing vein in bedrock. This vein was extended to a strike length of 370 m as reported by news release on September 11, 2012.
About The NW Gold Project: SLAM has an option to earn 100% interest in the NW Gold Project which comprises 20 claims covering 6275 hectares of highly prospective sedimentary rocks located near Saint Quentin, in northwest New Brunswick. Local prospector Tim Lavoie discovered gold-bearing quartz float in the fall of 2011. SLAM acquired the property through an option agreement and followed up with a prospecting and trenching program in December. The trenches uncovered gold-beating quartz veins with grab samples up to 493 g/t gold. Additional information including photos about the NW Gold project can be viewed at http://www.slamresources.com/projects/new-brunswick/nw-gold/.
About The Menneval Project: SLAM recently made a new gold discovery called the Maisie Zone 30 km north of the Lavoie discovery. The Company holds 100% interest in 17 contiguous claims covering 25,570 hectares all acquired by map-staking near Menneval in northwest New Brunswick. It includes 4 claims covering 692 hectares that are subject to a 1.5% NSR. SLAM can buy down 0.5% NSR for C$0.5M and has right of first refusal on remaining 1%. The extensive property hosts a number of new gold discoveries including the Maisie zone. It also covers 3 previously discovered silver-base metal skarn deposits where exploration programs date back to 1965. Maps and photos from the Menneval project can be viewed at http://www.slamresources.com/projects/new-brunswick/menneval/.
About New Brunswick: New Brunswick is currently rated the world's most attractive jurisdiction for mineral exploration and development, as announced by the Fraser Institute, February 23, 2012. The Province has demonstrated potential for large mineral deposits and can be expected to generate mining operations well beyond the world-class BMS No. 12 mine operated by Xstrata.
Qualifying Statements: SLAM Project Manager Sara Lloyd, P.Geo. is the Qualified Person responsible for the technical information contained herein. Chip samples and channel samples as well as grab samples were collected and sent to Actlabs in Ancaster, Ontario for fire assay.
About SLAM Exploration Ltd:
SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively exploring new gold discoveries on its Menneval and NW Gold projects in northwestern New Brunswick. In addition, the Company owns the Nepisiguit and Nash Creek silver-base metal deposits, both NI 43-101 compliant and located in New Brunswick. The Company also owns a significant gold portfolio in Ontario including the Reserve Creek gold deposit. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Follow us on twitter @SLAMGold.
On behalf of the Board
Mike Taylor, P. Geo. President & CEO
SEDAR: 00012459E
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that SLAM expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
SLAM Exploration Ltd.
Brian Jones
Investor Relations
Toll Free: 855.800.6109 or Toronto: 647.729.1436
info@slamexploration.com
www.slamexploration.com