Drill Results
SLAM Using New VTEM Survey To Generate Copper Nickel Cobalt Targets on the Goodwin Project
SLAM Exploration Ltd.

Executive Summary
- SLAM Exploration Ltd. completed a VTEM geophysical survey over its Goodwin Cu-Ni-Co project, identifying 432 anomalies and constructing plate models for 24 conductors.
- The survey targets potential extensions to known mineralization or new ovoid-type deposits, with conductivity readings up to 230 siemens at 81m depth.
- A 7,000-meter diamond drilling program is planned for 2026 to test these targets, with mobilization currently in progress.
- The release also updates on other assets, including high-grade gold vein discoveries at Jake Lee and expanded soil anomalies at Menneval.
- The company continues to operate as a project generator, expecting significant cash and share payments in 2026 from partner agreements.
Material Impact
- The news is a routine follow-up to the VTEM survey announced in January 2026.
- It confirms the exploration plan and validates the geophysical targets for the upcoming 7,000-meter drill program.
- The results are in line with previous expectations and do not introduce fundamentally new material information.
- The announcement reinforces the company's exploration momentum but does not alter the risk profile or valuation materially.
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Company Overview
- SLAM Exploration Ltd. is a project generator focused on precious and base metals in New Brunswick, Canada.
- Flagship project: Goodwin Copper-Nickel-Cobalt Project, a 14,000-hectare property in the Bathurst Mining Camp.
- The company also holds gold projects (Jake Lee, Menneval, Harry Brook) and antimony projects (Moose Lake).
- The strategy involves acquiring high-potential properties, conducting exploration, and generating royalties or selling stakes to larger miners.
- The company recently listed on the OTCQB Venture Market to improve liquidity and access U.S. investors.
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Jun 17, 2026 · 07:23