The download time you reported is absolutely too long, I can suggest to you some tricks to reduce the download time.
First of all you must disable the source code download, or if you would that the source code resides on the SlimLine target you can choose to download it only when the LogicLab is disconnected from the SlimLine. To do this please refer to the Project -> Options menu (See screenshot). In the Download tab you can choose when to download the source code.
On PLC application download: Probably is your actual choice, with this choice all times you download the PLC program, you download also the source code and so you waste a lot of time in download it.
Before disconnection: This is the choice to enable if you want to download on the target the source code. With this choice every time you make a modification on the PLC program, you download only it on the target. The source code will be downloaded only when you disconnect the LogicLab from the SlimLine.
Never: With this choice the source code will not be ever downloaded on the SlimLine target.