Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

SLAM Drills Over 30 Meters of Massive Sulphide Beneath VTEM Conductor on the Goodwin Copper Nickel Cobalt Project

SLAM Exploration advances Goodwin drilling with massive sulfide intercepts, awaiting assay results to validate VTEM targets.

By The Northwire Desk — AI Analysis Jun 17, 2026 · 07:23 SXL · 0.065 SLAM Exploration Ltd.
Executive Summary
  • SLAM Exploration announced preliminary drill results from its ongoing 7,000-meter diamond drilling program at the Goodwin copper-nickel-cobalt project in New Brunswick.
  • Highlight hole GW26-29 intersected over 30 meters of massive sulfide mineralization, including a 26.10-meter continuous core interval, following a January 2026 VTEM geophysical survey.
  • All four completed drill holes (GW26-26 to GW26-29) intersected gabbro-hosted pyrrhotite and sulfide mineralization.
  • Assay results are currently pending, with 174 core samples collected across the four holes and submitted to the laboratory.
  • A fifth drill hole is currently in progress as the company continues to test VTEM conductors for potential extensions to known zones or new ovoid-type deposits.
Material Impact
  • The release represents a routine, incremental exploration update that follows directly on the company's June 1, 2026 announcement regarding the VTEM survey and planned 7,000-meter drilling program.
  • The discovery of massive sulfide intersections validates the geophysical targeting methodology but does not yet provide economic grades or tonnage.
  • Without assay results, the immediate financial and valuation impact is limited. The news confirms operational progress and maintains exploration momentum but does not trigger a re-rating of the asset.
  • The update is consistent with historical exploration cycles for junior explorers, where preliminary core descriptions precede assay-driven valuation steps.
SXL · Price
Company Overview
  • SLAM Exploration Ltd. is a junior exploration company focused on building a diversified portfolio of precious and base metal assets in New Brunswick, Canada.
  • Flagship project: Goodwin Copper-Nickel-Cobalt Project, covering approximately 12,000 to 14,000 hectares in the Bathurst Mining Camp. The project targets ovoid-type deposits and extensions of known Granges, Logan, and Farquharson zones.
  • Secondary assets include the Jake Lee and Menneval gold projects, which have yielded high-grade channel samples and soil anomalies, and the Moose Lake antimony project.
  • The company operates as a project generator, leveraging option agreements, NSR royalties, and provincial mining assistance grants to fund exploration while retaining upside through equity stakes in partner companies.
Read the original news release →

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