21:22:43 EST Thu 26 Dec 2024
Enter Symbol
or Name
USA
CA



Slam Exploration Ltd (3)
Symbol SXL
Shares Issued 89,113,863
Close 2024-10-09 C$ 0.035
Market Cap C$ 3,118,985
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Slam Exploration begins drilling at Goodwin project

2024-10-11 14:59 ET - News Release

Mr. Mike Taylor reports

SLAM LAUNCHES COPPER NICKEL DRILLING CAMPAIGN

Slam Exploration Ltd. has mobilized a drilling rig and crew for a 2,000-metre drilling program on its wholly owned Goodwin project located 35 kilometres south of the Caribou mine and mill complex in the Bathurst mining camp (BMC) of New Brunswick.

Trenching targets: The drill is set up on hole GW24-04, located 40 metres northeast of hole GW24-03 which cut a 60.6-metre core interval grading 1.17 per cent copper equivalent as reported Aug. 12, 2024. This hole is designed to test the Farquharson zone above the previous intercept and to define the dip of the zone on this section.

The Farquharson zone: The company plans four additional diamond drill holes to test the strike extent of a 60.6-metre core interval grading 1.17 per cent copper equivalent drilled in hole GW24-03 as reported Aug. 12, 2024.

The Granges zone: Slam plans four additional diamond drill holes to test the strike and dip extent of a 64.9-metre core interval grading 2.19 per cent copper equivalent in hole GW24-02 that was reported Aug. 7, 2024. This copper nickel zone included a 31.2-metre core interval grading 3.84 per cent copper equivalent.

The Logan zone: The company may test this historic copper nickel zone with up to three diamond drill holes. Targets include a six-metre core interval of copper-rich massive sulphides reported in hole NO60-03 without assays. A 16.95-metre zone grading 0.37 per cent copper and 0.44 per cent nickel with individual core samples grading up to 0.72 per cent copper and 1.05 per cent nickel over 2.10 metres in hole MM71-05B.

QA/QC (quality assurance/quality control) procedures: The Granges zone and Farquharson zone results described above were previously reported by Slam in news releases dated between July 30, 2024, and Aug. 12, 2024. The historic results from previous workers are derived from New Brunswick assessment files that predate National Instrument 43-101 regulations. They can only be validated by additional trenching and drilling.

About Slam Exploration Ltd.

Slam Exploration is a public resource company with a substantial portfolio of mineral claimholdings in the mineral-rich province of New Brunswick. The company recently completed three diamond drill holes on the Goodwin copper-nickel project in the Bathurst mining camp of New Brunswick.

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