Slam Exploration expands Goodwin target eastward

Executive Summary

• Slam Exploration released new IP survey results that identify deep conductive targets east of the Granges zone and along strike with the Logan copper‑nickel‑cobalt zones on its Goodwin claims.
• The survey confirms a highly chargeable deep conductor on Line 400E (up to 619 mV/V) located ~200 m east of Granges, mirroring earlier anomalies on Line L200E.
• Prior drilling in hole GW24‑02 intersected a 64.90‑m interval grading 1.49 % CuEq, supporting the IP anomalies and indicating significant copper‑nickel‑cobalt potential at depth.

Key Details

• Survey Scope: Additional IP lines over Granges, Farquharson, and Logan zones; third line (L33E) pending results over hole GW24‑03 in Farquharson.
• Line 400E Findings: Chargeability up to 619 mV/V; associated resistivity lows suggest deep conductive bodies ~200 m east of Granges zone.
• Historical Context: Line L200E previously identified a similar deep conductor between Granges and Logan zones.
• Drill Hole GW24‑02 (Granges): 64.90 m core interval, 1.49 % CuEq from 23.60 m to 88.50 m; CuEq calculated with an 85 % recovery rate based on disclosed assay data (Aug 7 2024).
• Future Work: Company is soliciting price quotes for line‑cutting and a comprehensive IP grid covering a 2,000 × 2,000 m area to refine target definition.
• Related Gold Sampling (Jake Lee Project): Eight grab samples from trench JT25‑01 returned gold grades of 7.42–94.80 g/t; assays on additional samples are pending (July 9 2025 release).
• Recent Cash/Share Consideration: Received $9,000 cash + 1.2 M Nine Mile Metals shares (Feb 28 2025) and $60,000 cash + 180,000 private‑company shares (Mar 29 2025) under separate project agreements; retains NSR royalties on both projects.

Notable Quotes

• Mike Taylor, CEO: “We are excited by these results. They continue to show potential to expand the above noted Granges and Logan zones at depth as well as along strike.”