Northwire Canada EditionFriday, November 13, 2026
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Gold 3,883.30 −0.1% Silver 48.63 −2.9% Copper 6.06 −2.2% Oil 88.95 +0.2% Palladium 999.75 +0.8% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% XTG 2.10 +5.0% RUA 1.07 −2.7% TUF 0.620 +0.0% NEXG 1.12 −1.8% ELEF 0.280 +0.0% LVG 0.345 +1.5% BBB 0.500 +0.0% NGC 0.055 −8.3% Gold 3,883.30 −0.1% Silver 48.63 −2.9% Copper 6.06 −2.2% Oil 88.95 +0.2% Palladium 999.75 +0.8% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% XTG 2.10 +5.0% RUA 1.07 −2.7% TUF 0.620 +0.0% NEXG 1.12 −1.8% ELEF 0.280 +0.0% LVG 0.345 +1.5% BBB 0.500 +0.0% NGC 0.055 −8.3%
Drill Results

Slam Exploration drills 74.8 m of 0.96% CuEq at Goodwin

By The Northwire Desk — AI Analysis Dec 11, 2025 · 12:57 SXL · 0.09 SLAM Exploration Ltd.
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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