SLAM Acquires Property Adjacent To The No. 12 Mine Connector Property Hosts High Priority Targets Between Large VMS Deposits
SLAM Acquires Property Adjacent To The No. 12 Mine
Connector Property Hosts High Priority Targets Between Large VMS Deposits
TSXV: SXL OTCBB: SLMF
MIRAMICHI, NB, Feb. 3, 2017 /CNW/ SLAM Exploration Ltd. (TSXV: SXL) ("SLAM" or the "Company") is pleased to
announce it has acquired 5 mineral claims covering 1350 hectares of land known as the Connector Property. 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/EarnIn Opportunity: The Connector and other mineral properties owned by SLAM are available for joint
venture and/or an optionearnin 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 506623
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 zincleadcoppersilver mine was discovered in October, 1952 and was in production from 1966 until 1983 with total
production of 12 million tonnes.
About SLAM Exploration Ltd:
SLAM is a project generating Resource Company with a portfolio of gold, base metal and lithium projects in the mineralrich
Province of New Brunswick where SLAM's main focus is the whollyowned Menneval gold project. SLAM holds an NSR royalty
on the Superjack and Nash Creek zinc ‐ lead ‐ copper ‐ silver deposits and owns a portfolio of base metal properties in the Bathurst
Mining Camp ("BMC"). The Company intends to utilize its extensive BMC mineral database to explore and develop properties
in this region of worldclass mineral potential. SLAM also owns the Cumberland lithium project in southeastern New
Brunswick. Other gold projects include the Reserve Creek and Miminiska gold projects in Ontario. 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.
Qualifying Statements: Mike Taylor, P.Geo. President and CEO of SLAM Exploration Ltd., as the Qualified Person, approves
the scientific and technical disclosure in the news release.
Certain information in this press release may constitute forwardlooking information, including statements that address the
Private Placement, the closing of the Private Placement, future production, reserve potential, exploration and development
activities and events or developments that the Company expects. This information is based on current expectations that are
subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results
suggested in any forwardlooking statements. The Company assumes no obligation to update the forwardlooking statements,
or to update the reasons why actual results could differ from those reflected in the forward lookingstatements unless and until
required by securities laws applicable to the Company. There are a number of risk factors that could cause future results to
differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's
filings with the Canadian securities regulators, which filings are available at www.sedar.com. Neither the TSXV nor its
Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE SLAM EXPLORATION LTD.
To view this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/February2017/03/c7234.html
%SEDAR: 00012459E
For further information: Mike Taylor, President & CEO, Contact: 5066238960, [email protected]; Eugene
Beukman, CFO, Contact: 6046872038, [email protected]
CO: SLAM EXPLORATION LTD.
CNW 09:00e 03FEB17