SLAM is a project‐generating resource company holding an NSR royalty on the Superjack, Nash Creek and Coulee zinc‐lead‐copper‐silver properties because of owning a portfolio of base metal and cobalt properties in the Bathurst Mining Camp (“BMC”) of New Brunswick. The Company continues to utilize its extensive BMC mineral database to explore and develop properties in this historic region of mineral potential. Other projects include the Menneval gold project and the Reserve Creek and Miminiska gold projects in Ontario.
SLAM acquired a new cobalt claim adjacent to its Portage VMS zinc project because The new claim is prospective for cobalt as well as zinc-lead-copper-silver.
SLAM expanded its Ramsay cobalt project to 4884 hectares with 2 new claims. It covering potential extensions suggested by the presence of anomalous cobalt levels in steams sediments. Anomalous cobalt levels of 39 ppm, 75 ppm and 49 ppm were detected 0.5, 6.0 and 9.0 km respectively because of northwest the Ramsay occurrence.
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