Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Slam Exploration drills 74.8 m of 0.96% CuEq at Goodwin

SXL · Price

Executive Summary

  • Slam Exploration Ltd. reported significant drilling results from hole GW25-19 at its Goodwin copper-nickel-cobalt project in New Brunswick, identifying a 74.80-meter core interval grading 0.96% copper equivalent (CuEq).
  • The company extended the known strike length of the Farquharson zone to 360 meters, with the zone remaining open in both directions, indicating significant tonnage potential.
  • The 2025 drilling campaign concluded with 10 holes totaling 2,603 meters, and the company is now initiating airborne and down-hole EM surveys to support target generation for the 2026 drilling campaign.

Key Details

  • Hole GW25-19 Results:
    • Core Interval: 74.80 meters
    • Grade: 0.96% CuEq
    • Estimated True Width: 50 meters
    • Location: Farquharson zone, Goodwin project
  • Copper Equivalent Calculation:
    • Based on a 90% recovery rate.
    • Includes copper, nickel, cobalt, silver, and gold.
    • Prices based on Daily Metal Price data from Dec. 9, 2025.
  • Farquharson Zone Statistics:
    • Known Strike Length: Extended to 360 meters.
    • Depth: 200 meters.
    • Status: Open in both directions.
    • Potential: Significant tonnage potential indicated.
  • 2025 Drilling Campaign Summary:
    • Total Holes: 10
    • Total Meters: 2,603 meters
    • Hole Size: NQ core
    • Distribution: 1 hole on Granges zone, 9 holes on Farquharson zone.
  • Future Exploration Plans:
    • Requesting quotes from geophysics contractors for airborne and down-hole EM surveys.
    • Surveys intended to support target generation and drill planning for the 2026 diamond drilling campaign.
    • Historic MegaTEM survey suggests potential for Farquharson zone extensions over a 7,000-meter strike length.
  • QA/QC Procedures:
    • Core logged in Bathurst, N.B.
    • Samples sawn, bagged, tagged, and delivered to Activation Laboratories Ltd. (Actlabs) in Fredericton.
    • Assay method: UT7 (multielement analysis).
    • Overlimit results (>1%) reanalyzed using method 8-AR.
    • Blanks and standards included in each sample series.

Notable Quotes

  • None explicitly quoted in the text, though Mike Taylor, PGeo, is identified as the Qualified Person approving the release.
Read the original news release →

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