Slam Drills 74.80 meter Copper, Nickel Cobalt Core Interval at Goodwin

Original announcement by tmx on

Company
SLAM Exploration Ltd.
Ticker
SXL
Exchange
TSX
Region
New Brunswick
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Silver, Gold
Document categories
Drill results
Extracted
2026-09-13 02:57:27 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

SLAM Exploration has drilled a 74.80 meter interval at the Goodwin Copper-Nickel-Cobalt Project in New Brunswick, grading 0.96% copper equivalent. The drill hole, GW25-19, extends the known strike length of the Farquharson zone to 360 meters.

Reasoning: The 74.8m intercept at 0.96% CuEq demonstrates significant strike extension and thickness in the Farquharson zone, supported by clear QA/QC disclosures.

Positive factors

  • Significant intercept width of 74.8m
  • Extension of strike length to 360m
  • QA/QC protocols disclosed including blanks and standards
  • True width estimated at 50m

Negative factors

  • Copper grade (0.37%) is relatively low for a primary driver

Facts used in scoring: 3

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions blanks, standards, and use of Activation Laboratories Ltd.

Evidence · text

“Blanks and standards are included in each sample series.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling extended the strike length of the Farquharson Zone to 360 meters.

Evidence · text

“Drilling extended the strike length of the Farquharson Zone to 360 meters”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The true width is explicitly estimated at 50 meters.

Evidence · text

“the true width is estimated at 50 meters”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

GW25-19Goodwin · copperGrade: 0.37Grade Unit: %Intercept: 74.8 mView all details
Link to this fact

Identity

Hole ID
GW25-19
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Grade
0.37
Grade Unit
%
Intercept
74.8 m
True Width
50 m
From
76.1 m
To
150.9 m
Hole Depth
191 m
Intercept Depth
76.1 m

Classification

Sample Type
drill
Group ID
GW25-19:76.1-150.9
Mining Method
unknown

Location

Location
Farquharson zone
Easting
698094
Northing
5238571
Elevation
501 m
Azimuth
44 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.96
Metal Eq. Unit
% Cu Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 0.37% Cu over 74.8m is a substantial interval for the project.

Positive factors

  • Significant width

Negative factors

  • Low grade

Evidence · table

“0.37”

Context: 74.80m

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 50

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

GW25-19Goodwin · nickelGrade: 0.38Grade Unit: %Intercept: 74.8 mView all details
Link to this fact

Identity

Hole ID
GW25-19
Project
Goodwin
Commodity
nickel
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Grade
0.38
Grade Unit
%
Intercept
74.8 m
True Width
50 m
From
76.1 m
To
150.9 m
Hole Depth
191 m
Intercept Depth
76.1 m

Classification

Sample Type
drill
Group ID
GW25-19:76.1-150.9
Mining Method
unknown

Location

Location
Farquharson zone
Easting
698094
Northing
5238571
Elevation
501 m
Azimuth
44 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.96
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Nickel grade of 0.38% over 74.8m is a solid contributor to the CuEq.

Positive factors

  • Significant width

Evidence · table

“0.38”

Context: 74.80m

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 50

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

GW25-19Goodwin · cobaltGrade: 0.05Grade Unit: %Intercept: 74.8 mView all details
Link to this fact

Identity

Hole ID
GW25-19
Project
Goodwin
Commodity
cobalt
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Grade
0.05
Grade Unit
%
Intercept
74.8 m
True Width
50 m
From
76.1 m
To
150.9 m
Hole Depth
191 m
Intercept Depth
76.1 m

Classification

Sample Type
drill
Group ID
GW25-19:76.1-150.9
Mining Method
unknown

Location

Location
Farquharson zone
Easting
698094
Northing
5238571
Elevation
501 m
Azimuth
44 °
Dip
-65 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd.
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
0.96
Metal Eq. Unit
% Cu-Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: Cobalt grade is low but contributes to the overall CuEq.

Positive factors

  • Significant width

Evidence · table

“0.05”

Context: 74.80m

Tags used in scoring

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true_width_m is 50

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.