SLAM Drills 81 and 74 Meter Core Intervals at the Goodwin Copper-Nickel-Cobalt Project

Executive Summary

• SLAM Exploration reported mineralized core intervals with pyrrhotite and chalcopyrite in all four holes (GW25‑16 to GW25‑19) of its 2025 diamond drilling campaign at the Goodwin Copper‑Nickel‑Cobalt Project.
• Notable intercepts include an 81 m zone (88.70–169.75 m) in hole GW25‑17 and a 74 m zone (76.10–150.10 m) in hole GW25‑19, both containing pyrrhotite‑chalcopyrite mineralization.
• Assays on 236 core samples are pending; the company will deliver these to Activation Laboratories Ltd. for multi‑element analysis.

Key Details

• Hole GW25‑16 (Granges Zone) – Cut mineralized intervals of 11.47 m and 4.40 m at depths 69.21–80.68 m and 124.60–129.00 m; gold values up to 3.31 g/t over 0.50 m previously reported in Aug 2024 release.
• Hole GW25‑17 (Farquharson Zone) – Intersected an 81 m mineralized gabbro zone (pyrrhotite & chalcopyrite) from 88.70–169.75 m, including a higher‑grade 48.7 m sub‑zone (98.70–147.40 m). Additional intervals of 9.35–31.60 m from 147.4 m to 452 m.
• Hole GW25‑18 – Intersected two pyrrhotite mineralized sections: 18.75 m (46.75–65.50 m) and 33.70 m (105.20–138.90 m).
• Hole GW25‑19 – Cut a 74 m zone of pyrrhotite with disseminated chalcopyrite (copper) from 76.10–150.10 m; lower portion (134–150 m) highlighted in Figure 2.
• Assay Program: 236 samples pending (50 from GW25‑16, 148 from GW25‑17, 38 from GW25‑18); additional 86 samples from GW25‑19 to be sawn and sent to Actlabs for multi‑element analysis (UT7 method, with re‑analysis using method 8‑AR for >1% values).
• Historical Context: Prior 2024 drilling at the Goodwin project reported a 64.90 m interval grading 0.73 % Cu, 0.64 % Ni, 0.05 % Co (Aug 7 2024 release). Recent IP work suggests depth extensions across Granges, Logan and Farquharson zones (July–August 2025 releases).
• Other Exploration Highlights: New gold discoveries on Jake Lee claims (July 9 2025) and Menneval gold project (2024 core intervals up to 162.5 g/t Au over 0.2 m).

Notable Quotes

“The extensive mineralized zones intersected in this year’s drill program reinforce the significant copper‑nickel‑cobalt potential of the Goodwin Project and provide a strong foundation for future resource work,” – Mike Taylor, President & CEO.