202626 releases
SLAM Accepts Conditional Offtake Offer From Ocean Partners For 40,000 Wet Metric Tonnes Of Zinc-Lead-Copper-Silver Ore From New Brunswick
SLAM Exploration has accepted a conditional offer from Ocean Partners USA, Inc. to buy approximately 40,000 wet metric tonnes of its polymetallic ore from the Ahearn property in New Brunswick. The offer is not a binding sale agreement and remains subject to buyer KYC, refinery sample testing and a definitive contract. The material has not yet been extracted, and extraction is expected to start in Spring 2027, pending provincial approvals not yet obtained.
NewsSLAM Completes Goodwin Drill Program Highlighted By New Discovery 2,000 Meters Northwest Of Logan Zone And 1.53% Cu-Eq Over 14.45 Meters; New SLAM President Hosting Exhibit At The 2026 NOIC
SLAM Exploration reports results from its 2026 diamond drilling program on the Goodwin Copper-Nickel-Cobalt Project in New Brunswick's Bathurst Mining Camp. Nineteen holes totaling 3,350 core-meters tested VTEM conductors, and hole GW26-33 returned 14.45 core-meters grading 1.53% Cu-Eq 95%, while GW26-36 opened a new sulphide mineralization area about 2,000 meters northwest of the Logan zone. Assays for 213 samples remain pending.
Drill resultsSLAM Mobilizes Drill Team To Moose Lake, Intersecting Broad Zones Of Brecciated And Altered Rock With Visible Stibnite Along The Moose Lake Fault Zone
SLAM Exploration has mobilized its drill team to the Moose Lake Gold-Antimony-Silver Project in New Brunswick after completing its Goodwin campaign. Two NQ diamond holes, ML26-01 (77.0 meters) and ML26-02 (147.5 meters), totaling 224.5 meters, were drilled beneath antimony-bearing trenches along the Moose Lake Fault Zone, with assay results pending.
Drill resultsSLAM Exploration Announces Leadership Transition and Appointment of Jimmy Gravel as President and CEO
Jimmy Gravel has been appointed President and Chief Executive Officer of SLAM Exploration, effective immediately, succeeding Michael Taylor, who steps down after nearly 30 years and will remain as Chairman of the Board. Gravel joined SLAM's board in February 2025 and became Vice-President in June of the same year; he is also Vice-President and founder of 21Alpha Resources Inc. and President and founder of NBGold Inc. SLAM's portfolio is in New Brunswick, centred on the Goodwin copper-nickel-cobalt project.
ManagementSLAM Uncovers Antimony, Gold and Silver On Its Moose Lake Trenching Program
Trenching at the Skull epithermal zone on the Moose Lake antimony project in New Brunswick's Bathurst Mining Camp returned antimony assays above the 1% detection limit in trenches SKT26-01 and SKT26-08, plus up to 1.965 g/t gold and 73.50 g/t silver from trenches SKT26-03 and SKT26-04. The breccia zone has been traced over 242 meters with 8 trenches, with 14 grab samples reported and antimony assays pending on 3 samples. The excavator has moved 3,800 meters southeast to the Moose Lake zone.
Drill resultsSLAM Reports 1.60% Copper Equivalent Over 14.45 Meters in Hole GW26-33; Trenching Gold-Antimony Targets on Moose Lake Project
Hole GW26-33 at the Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp returned 1.60% copper equivalent over 14.45 meters from 33.15 meters, including 3.48% CuEq over 1.9 meters (33.15–35.05 m) and 2.61% CuEq over 4.9 meters (42.7–47.6 m). Trenching has begun at the Moose Lake gold-antimony project, uncovering the Skull zone over 250 meters with 8 trenches and tracing the Moose Lake zone over 500 meters, with 14 samples pending. Drilling has resumed at Goodwin after a two-week maintenance break, with 2,754 meters drilled to date, and the Province of New Brunswick awarded a $60,000 grant.
Drill resultsSLAM Exploration Intersects New Discovery Of Massive Sulphide Mineralization at Goodwin Copper-Nickel-Cobalt Project
Drill hole GW26-36 at the 100%-owned Goodwin copper-nickel-cobalt project in the Bathurst Mining Camp, New Brunswick, cut a 67.4 metre zone of pyrrhotite-chalcopyrite mineralization from 124.4 m to 191.8 m, including several massive sulphide intervals, in a new area 2,000 metres northwest of the Logan zone; GW26-37 cut massive sulphide at 162.5–162.9 m and GW26-38 netted-texture mineralization from 269.6–272.8 m. Observations are visual and unconfirmed by assay; 992 core samples from 12 holes were submitted. Drilling resumes next week to complete the 7,000 metre program, supported by a $60,000 New Brunswick grant.
Drill resultsSLAM Reports 1.19% Copper Equivalent Over 24.6 Meters In Hole GW26-29 From The Goodwin Copper-Nickel-Cobalt Project
Hole GW26-29 at the Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp returned 24.60 m grading 1.19% copper equivalent (0.33% Cu, 0.43% Ni, 0.11% Co), plus 1.75 m at 1.16% Cu-Eq and 2.10 m at 1.21% Cu-Eq. Twelve holes totalling 2,600 m (GW26-26 to GW26-38), about 37% of the 2026 program, have been drilled, with 992 core samples submitted for assay; GW26-36 intersected massive sulphides 2,000 m northwest of the Logan zone. New Brunswick awarded a $60,000 grant.
Drill resultsSLAM Drills Over 30 Meters Of Massive Sulphide Beneath VTEM Conductor On The Goodwin Copper Nickel Cobalt Project
Drill hole GW26-29 on the Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp cut three massive sulphide intervals totalling about 30.1 m over a 42 m downhole span: 26.1 m from 18.7–44.8 m, 1.85 m from 46.75–48.6 m and 2.15 m from 57.9–60.05 m. Four holes (GW26-26 to GW26-29) have been completed since June 1, 2026 under a 7,000 m program, with 174 core samples submitted and assays pending; hole GW26-30 is in progress.
Drill resultsSLAM Using New VTEM Survey To Generate Copper Nickel Cobalt Targets On The Goodwin Project
A new VTEM survey over the 14,000-hectare Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp identified 432 anomalies, from which SLAM Exploration built plate models for 24 conductors at depths of 30 to 320 meters. Mobilization is under way for a 7,000 meter diamond drilling program that will test extensions beyond the three known zones, where 25 holes have previously been drilled, including 64.90 meters at 2.19% Cu-Eq in hole GW24-02.
Drill resultsSLAM Drills 18 Meter Mineralized Vein System Along Strike From Channel Sample Grading 40.50 G/T Gold Over 0.40M At Jake Lee Gold
Five diamond drill holes at the wholly owned Jake Lee gold project in New Brunswick intersected quartz and quartz-calcite veining with pyrite, arsenopyrite and chalcopyrite, including an 18-meter zone from 70.90 to 89.00 meters and a 17-meter zone from 129.50 to 146.50 meters in hole JL26-05. Holes JL26-01 to 03 tested below channel samples grading up to 40.5 g/t gold and 63.30 g/t silver over 0.40 meters. A total of 197 core samples plus 39 samples from nine trenches were sent to ActLabs in Fredericton. SLAM also signed a 7,000-meter drilling contract with Lantech Drilling Ltd. and is mobilizing to the Goodwin copper-nickel-cobalt project.
Drill resultsSLAM Drilling 40.5 g/t Gold Vein On The Jake Lee Gold Project
Diamond drilling has begun on the Jake Lee gold project in New Brunswick, with hole JL26-01 collared 12 meters south of the No. 1 vein at 45 degrees to test the structure 12 meters below surface channel samples that graded up to 40.5 g/t gold and 63.3 g/t silver. SLAM has signed a 7,000 meter drilling contract, with up to 500 meters planned at Jake Lee before moving to the Goodwin copper-nickel-cobalt project. The Company is issuing 100,000 shares under the Moose Brook option and will not proceed with the previously announced warrant extension.
Drill resultsSLAM Expanding Its Exploration Team
John Dinan, P.Geo., has been hired as Exploration Manager at SLAM Exploration, bringing two decades of experience including senior geologist roles with Teck Resources and Syncrude Canada and work with the New Brunswick Department of Natural Resources. He will support the search for copper, nickel, cobalt, antimony and gold across SLAM's 11 projects in a 56,000 hectare New Brunswick portfolio. The board also granted employees stock options for 300,000 common shares at $0.08, exercisable for three years and expiring April 29, 2029.
NewsSLAM Announces Eligibility For Depository Trust Company (DTC) Services In The USA
SLAM Exploration's common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company, which the company expects to simplify trading and enhance US liquidity. The shares recently began trading on the OTCQB Venture Market under the symbol SXLXF. SLAM holds a 40,000-hectare portfolio in New Brunswick, including the Goodwin copper-nickel-cobalt, Moose Lake antimony, Mine Road zinc-copper-silver, Jake Lee and Menneval projects.
CorporateSLAM Trenching New Gold Targets Near The No. 1 Gold Vein Discovery At Jake Lee
A scout team and excavator are being mobilized to begin the 2026 exploration campaign at the wholly owned Jake Lee claims in New Brunswick, trenching targets along strike from the No. 1 vein, located 25 kilometers southeast of Galway Metals' Clarence Stream gold deposit. Targets include gold soil anomalies up to 0.466 g/t gold, airborne conductors and aeromagnetic anomalies northeast of the No. 1 vein, where channel samples graded up to 40.5 g/t gold and 63.30 g/t silver over 0.40 meters. A drilling program is expected to follow.
Drill resultsSLAM Acquires Three New Antimony Showings In Bathurst Mining Camp
An option agreement signed March 30, 2026 gives SLAM Exploration the right to acquire 100% of the two-claim Moose Lake antimony project in New Brunswick's Bathurst Mining Camp, for CAD $80,000 and 600,000 shares over three years, with the optionors retaining a 2% NSR. The claims host the Moose Lake, Stewart and Skull showings, with historic grab samples up to 4.32% antimony and 0.894 g/t gold. SLAM also plans a one-year extension of 2,700,000 warrants exercisable at $0.05.
AcquisitionSLAM Commences OTCQB Trading Under Symbol SXLXF
SLAM Exploration's common shares begin trading on the OTCQB Venture Market at the open on April 01, 2026 under the symbol SXLXF, while continuing to trade on the TSX Venture Exchange as SXL. The company holds a 40,000-hectare claim portfolio in New Brunswick and plans to advance the Goodwin copper-nickel-cobalt project in the Bathurst Mining Camp, with diamond drilling planned to follow gold discoveries at Jake Lee and Menneval.
CorporateSLAM Raises $2,072,750 From Oversubscribed Private Placement
A non-brokered private placement closed for gross proceeds of up to $2,072,750 through the issuance of 23,030,553 units at $0.09 per unit, comprising 18,141,664 FT CMETC units, 3,000,000 flow-through units and 1,888,889 non-flow-through units, each unit including warrants exercisable at $0.13 for two years. FT CMETC proceeds are earmarked for the Goodwin project, with flow-through unit proceeds funding gold, zinc, copper and nickel projects in New Brunswick. One insider subscribed for 2,222,222 FT CMETC units for $199,999.87; 420,000 finder warrants and $37,800 cash were paid.
FinancingSLAM Acquires New Copper Nickel Cobalt Showing Adjacent To Goodwin
An option agreement signed February 18, 2026 gives SLAM the right to acquire 100% of the 175-hectare Mount Raymond property adjacent to its Goodwin project in New Brunswick's Bathurst Mining Camp, for CAD $82,500 in cash, 675,000 common shares and $200,000 in expenditures over three years, subject to TSX Venture Exchange approval and a 2% NSR. A 2011 drill hole on the claim graded up to 0.43% copper, 0.12% nickel and 0.11% cobalt over 1.65 metres of core. The acquisition expands Goodwin to 12,500 hectares, and Geotech has completed an 850 km VTEM survey there.
AcquisitionSLAM Reports Soil Samples Up To 0.466 G/T Gold At Jake Lee
Soil sampling on a 50 by 25 metre grid around the No. 1 gold vein at the Jake Lee project in New Brunswick returned gold assays up to 0.466 g/t from 766 samples, including an anomalous 200 metre by 400 metre area east of the vein coinciding with an airborne conductor. Previously reported channel samples across the vein graded 31.3, 12.3 and 40.5 g/t gold with 63.30, 23.2 and 25.1 g/t silver over 0.40 metres. SLAM received $45,000 under the New Brunswick Junior Mining Assistance Program.
Drill resultsSLAM Increases Private Placement To $2,034,000
The non-brokered private placement announced February 18, 2026 has been increased to 22,600,000 units at $0.09 per unit for gross proceeds of up to $2,034,000, comprising up to 18,000,000 FT CMETC units, 3,000,000 flow-through units and 1,600,000 non-flow-through units. Each whole warrant is exercisable at $0.13 for two years from closing, subject to acceleration. FT CMETC proceeds are intended for the Goodwin project in New Brunswick, with FT Unit proceeds for the Company's gold projects; closing is subject to TSXV acceptance.
FinancingSLAM Announces Private Placement
A non-brokered private placement of up to 13,000,000 units at $0.09 per unit for gross proceeds of up to $1,170,000 has been launched, comprising up to 12,500,000 flow-through CMETC units and up to 500,000 non-flow-through units, with warrants exercisable at $0.13 for two years. Flow-through proceeds are intended for exploration at the Goodwin copper-nickel-cobalt project in New Brunswick, with Canadian exploration expenses renounced effective no later than December 31, 2026. The Offering requires TSX Venture Exchange acceptance.
FinancingSLAM Launches Airborne VTEM Survey - Geotech Flying Over Goodwin Copper Nickel Cobalt Project
An 852 kilometre VTEM-Plus airborne electromagnetic survey has begun over the Goodwin copper-nickel-cobalt project in New Brunswick, flown by Geotech Ltd at an estimated cost of $275,000, following 25 diamond drill holes completed in 2024 and 2025. Final 2025 assays from 10 holes totalling 2,944 metres include 48.00 metres at 2.52% recovered Cu-Eq in GW2517 and 94.10 metres at 0.61% Cu-Eq in GW2524. The board also granted 3,100,000 options at $0.08, expiring January 23, 2029.
Drill resultsSLAM Cuts High Grade Gold & Silver In Channel Samples
Channel samples sawn across the No. 1 vein at SLAM Exploration's wholly owned Jake Lee claims in New Brunswick assayed 31.3 g/t, 12.3 g/t and 40.5 g/t gold, with 63.30 g/t, 23.2 g/t and 25.1 g/t silver, over 0.40 m widths. Eight wall rock samples from both sides of the vein returned 0.118 g/t to 0.898 g/t gold. Jake Lee lies 25 kilometers southeast of Galway Metals' Clarence Stream deposit; SLAM's exploration team has mobilized back to the property.
Drill resultsSLAM Acquires New Gold-Antimony Project
SLAM Exploration has acquired the Harry Brook gold-antimony project in southern New Brunswick, comprising three claims covering approximately 4,415 hectares staked near Antimony Resources Corp.'s Bald Hill antimony project. The claims cover three documented occurrences: a quartz float sample grading 1,320 g/t gold, a bedrock occurrence grading 0.965 g/t gold, and antimony float grading 24.25% antimony. Assays are pending on 11 channel samples and 52 grab samples from the company's Jake Lee claims.
AcquisitionSLAM Announces Gold Assays From Menneval
Assay results were reported from 904 soil samples collected near the Maisie vein at the wholly owned Menneval Gold Project in northwestern New Brunswick, expanding the soil grid to 2,511 samples, with previously reported soil values ranging from 0.005 g/t to 0.683 g/t gold. Gold anomalies extend over roughly 3,000 metres by 2,500 metres and align with aeromagnetic features identified as drilling and trenching targets for 2026. At Jake Lee, assays are pending on 11 channel samples and 52 grab samples.
Drill results
202516 releases
SLAM Uncovers Mineralized Quartz Vein at Jake Lee
Channel sampling of the No. 1 vein at the wholly owned Jake Lee project in southwestern New Brunswick has been completed, with assays pending on 11 sawn channel samples plus 52 grab samples, all sent to Actlabs in Fredericton. The vein has previously returned gold grades of 7.42 g/t to 94.80 g/t since its discovery reported July 9, 2025. Angular quartz rubble with chalcopyrite-bornite mineralization was uncovered in a trench 1,600 metres southeast of the vein. The Company was awarded $45,000 under New Brunswick's Junior Mining Assistance Program.
Drill resultsSLAM Drills 74.80 meter Copper, Nickel Cobalt Core Interval at Goodwin
Hole GW25-19 at the Farquharson zone on the wholly owned Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp returned 74.80 m grading 0.37% copper, 0.38% nickel and 0.05% cobalt, or 0.96% copper equivalent (recovered, 90% recovery, December 9, 2025 metal prices), from 76.10 m. The 2025 program totalled 10 holes for 2,603 m, extending Farquharson's strike length to 360 m. SLAM has requested quotes for airborne and down-hole EM surveys ahead of 2026 drilling.
Drill resultsSLAM Reports Copper, Nickel And Cobalt Assays And Extends Farquharson Zone Strike Length To 360 Meters At Goodwin
Assays from the first three of ten holes drilled in the 2025 program at the wholly owned Goodwin claims, 35 kilometers southwest of the Caribou Mine in New Brunswick's Bathurst Mining Camp, returned 2.40% copper equivalent over 4.50 meters in hole GW25-16 on the Granges Zone and 0.97% copper equivalent over 48.00 meters in GW25-17 on the Farquharson Zone. The campaign totalled 2,603 meters in 10 holes and extended the Farquharson Zone strike length to 360 meters, open in both directions. Quotes have been requested for airborne and down-hole electromagnetic surveys ahead of 2026 drilling.
Drill resultsSLAM Extends Strike Length of Farquharson Copper-Nickel-Cobalt Zone to 300 Meters at Goodwin
Hole GF25-24 at the Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp intersected a 51.20 meter interval of mineralized gabbro with pyrrhotite and chalcopyrite from 222.30 to 273.50 meters, extending the Farquharson zone 100 meters east of hole GF25-21. Assays are pending on 128 samples. SLAM has requested quotes for airborne and down-hole electromagnetic surveys ahead of the 2026 Goodwin drilling campaign, and its exploration team has moved to the Jake Lee gold project for additional trenching.
Drill resultsSLAM Expands The Farquharson Zone With 74.9 And 49.4 Meter Intervals At Goodwin
Drilling at the Goodwin Copper-Nickel-Cobalt Project in the Bathurst Mining Camp, New Brunswick, intersected a 74.9 meter zone of mineralized gabbro from 85.7 to 160.6 meters in hole GF25-20, which tested the depth extent of the Farquharson zone. Hole GF25-21, a 50 meter step-out east, cut 49.40 meters of mineralized gabbro from 52.10 to 101.50 meters. Core contains pyrrhotite and chalcopyrite, with assays pending on 236 samples, including 67 from GF25-21.
Drill resultsSLAM Exploration Presenting at the 51st Annual New Orleans Investment Conference
SLAM Exploration will participate in the 51st Annual New Orleans Investment Conference at the Hilton New Orleans Riverside from November 2 to 5, 2025, at booth #336, with Vice President and Director Jimmy Gravel presenting an update on the company's copper, nickel, cobalt and gold projects on Tuesday, November 4 at 9:50AM CST. The release also corrects its October 10, 2025 news release to state that both tranches of the Offering raised aggregate proceeds of $900,000 through the issuance of 2,250,000 Units.
CorporateSLAM Drills 81 And 74 Meter Core Intervals At The Goodwin Copper-Nickel-Cobalt Project
Mineralized core with pyrrhotite and chalcopyrite was intersected in all four holes drilled to date in the 2025 campaign at the Goodwin copper-nickel-cobalt project in New Brunswick's Bathurst Mining Camp, including an 81 meter zone of mineralized gabbro from 88.70 to 169.75 meters in hole GW25-17 and a 74 meter zone from 76.10 to 150.10 meters in GW25-19. Assays are pending on 236 samples, with an additional 86 samples marked from GW25-19 for submission to Actlabs.
Drill resultsSLAM Closes Second And Final Tranche Of Private Placement And Raises $211,000
Gross proceeds of $211,000 were raised in the second and final tranche of SLAM Exploration's non-brokered private placement through the issuance of 527,500 units at $0.40 per unit, bringing aggregate proceeds across both tranches to $900,000 from 2,302,750 units. Each unit comprised four flow-through shares, one non-flow-through share and 2.5 warrants exercisable at $0.12 for 24 months. Flow-through proceeds will fund Canadian Exploration Expenses on the company's New Brunswick properties; one insider acquired 112,500 units.
FinancingSLAM Announces Private Placement
Financing