Slam Exploration acquires Harry Brook project

Executive Summary

• Slam Exploration Ltd. has acquired the Harry Brook gold-antimony project in southern New Brunswick, comprising three mineral claims covering approximately 4,415 hectares near the Bald Hill antimony project.
• The acquisition includes three documented mineral occurrences: a high-grade gold float (1,320 g/t Au), a silicified rhyolite outcrop (0.965 g/t Au), and an antimony float (24.25% Sb).
• The release also provides updates on the Jake Lee project (pending assays on channel and grab samples), historic Menneval results, and the company’s status as a project generator expecting cash and share payments in 2026.

Key Details

• Harry Brook Acquisition:
  • Location: Southern New Brunswick, near the Bald Hill antimony project operated by Antimony Resources Corp.
  • Size: Approximately 4,415 hectares.
  • Occurrences:
    • 1428 (Harry Brook gold): Quartz boulder (35cm x 20cm) with visible gold; sample returned 1,320 g/t gold.
    • 1433 (Johnson gold): Silicified rhyolite outcrop ~2,800m northwest of Harry Brook; returned 0.965 g/t gold.
    • 1216 (Sheba East antimony): Antimony-bearing float reported in 1927; graded 24.25% antimony.
• Jake Lee Project Update:
  • Pending Assays: 11 channel samples from the No. 1 gold vein and 52 grab samples from trenches up to 7,500m along strike.
  • Previous Results (July 9, 2025): Eight grab samples from No. 1 gold vein ranging from 7.42 g/t to 94.80 g/t gold.
  • Secondary Discovery (Aug 28, 2025): Quartz float grading 16.20 g/t and 3.78 g/t gold, located 100m southwest of the initial discovery.
  • Context: Claims are located 25km southeast of Galway Metals’ Clarence Stream deposit (12.4M tonne indicated resource at 2.31 g/t Au; 16.1M tonne inferred resource at 2.60 g/t Au).
• Historic Menneval Results:
  • Maisie Vein: 162.5 g/t Au over 0.2m and 56.90 g/t Au over 0.5m.
  • No. 18 Vein: 3,955 g/t (127 oz) Au over 0.1m.
  • Geochemistry: Soil survey shows gold anomalies over an area of ~3,000m by 2,500m.
• Company Operations & Financials:
  • Goodwin Project: 10 drill holes completed in 2025 campaign. Previous 2024 results included 64.90m at 2.19% CuEq (including 3.84% CuEq over 31.20m) and up to 3.31 g/t Au over 0.5m.
  • Project Generator Status: Expects significant cash and share payments in 2026.
  • 2025 Receipts: Received 1.2 million shares plus cash from Nine Mile Metals Inc. (Wedge project); received $60,000 cash and 180,000 shares of a private company (Ramsay gold agreement).
  • Royalties: Holds net smelter return royalties on Wedge and Ramsay projects.

Notable Quotes

• "Mike Taylor, PGeo, president and chief executive officer of Slam Exploration, is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release."