MIRAMICHI, NB, April 23 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it will host a display booth at the Mining World Resource Conference at the Sheraton New York hotel on April 26 and 27. The display will provide an overview of SLAM's portfolio of gold properties in Ontario and silver, copper, lead and zinc properties in New Brunswick with particular emphasis on the new Silverjack deposit. SLAM drilled high grade core intervals in its initial program at Silverjack with up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead as reported 16 February 2010.
Silverjack is located 12 kilometres southwest of the Belledune smelter/seaport and adjacent to SLAM's Nash Creek property which already contains a 43-101 compliant zinc-lead-silver deposit. SLAM has committed the majority of its 2010 exploration budget to the Silverjack and Nash Creek deposits and has recently announced drilling plans for Silverjack.
The Silverjack-Nash Creek area is about 80 km from the BMS No. 12 mine, a world-class producer of zinc, lead and silver operated by Xstrata. In addition to its rich mineral endowment and exploration potential, New Brunswick is a very attractive opportunity for mineral investment and development. New Brunswick ranks second, behind Quebec as the world's most attractive jurisdiction for mineral exploration and development according to the annual Survey of Mining Companies 2009/2010, recently released by the Fraser Institute.
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein.
SLAM is a mineral resource company based in Miramichi, New Brunswick and continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. 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.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com.
On behalf of the Board
Mike Taylor, P. Geo.
President & CEO
SLAM Exploration Ltd.
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.
SOURCE SLAM EXPLORATION LTD.
For further information: For further information: Corporate Inquiries: Mike Taylor, President & CEO, (506) 627-1353, Toll Free: (866) 523-6719, firstname.lastname@example.org