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

Original announcement by tmx on

Company
SLAM Exploration Ltd.
Ticker
SXL
Exchange
TSX
Region
New Brunswick, Canada
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt
Document categories
Drill results
Extracted
2026-09-13 02:37:46 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

SLAM Exploration has drilled over 30 meters of massive sulphide mineralization in hole GW26-29 at the Goodwin copper-nickel-cobalt project. The intercepts include a 26.1m continuous zone, testing a VTEM conductor in New Brunswick. Assay results for all four recent holes are currently pending.

Reasoning: The announcement reports significant massive sulphide intercepts in a highlight hole (GW26-29), though actual grades are not yet released.

Positive factors

  • Significant massive sulphide intercepts (30m total)
  • Discovery of massive sulphide beneath VTEM conductor
  • Consistent with magmatic Cu-Ni-Co deposit styles

Negative factors

  • Assay results are still pending

Facts used in scoring: 6

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 certified reference standards and blanks were inserted.

Evidence · text

“Eighteen quality control samples (certified reference standards and blanks) were inserted”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Holes were designed to test VTEM conductors which are potential extensions to known zones.

Evidence · text

“All of these models are potential extensions to the known zones of mineralization”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

GW26-29Goodwin · copperIntercept: 26.1 mView all details
Link to this fact

Identity

Hole ID
GW26-29
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Intercept
26.1 m
From
18.7 m
To
44.8 m
Hole Depth
137 m
Intercept Depth
18.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-29:18.7-44.8
Mining Method
unknown

Location

Location
Goodwin copper-nickel-cobalt project
Easting
697385
Northing
5239268
Elevation
395 m
Azimuth
120 °
Dip
-80 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: Significant massive sulphide intercept reported, but grade is unknown.

Positive factors

  • Massive sulphide interval

Negative factors

  • Assay results pending

Evidence · text

“26.1 m of massive sulfide mineralization”

Tags used in scoring

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

GW26-29Goodwin · copperIntercept: 1.85 mView all details
Link to this fact

Identity

Hole ID
GW26-29
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Intercept
1.85 m
From
46.75 m
To
48.6 m
Hole Depth
137 m
Intercept Depth
46.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-29:46.75-48.6
Mining Method
unknown

Location

Location
Goodwin copper-nickel-cobalt project
Easting
697385
Northing
5239268
Elevation
395 m
Azimuth
120 °
Dip
-80 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: Small massive sulphide intercept, grade pending.

Positive factors

  • Massive sulphide

Negative factors

  • Assay results pending

Evidence · text

“1.85 m of massive sulfide mineralization”

Tags used in scoring

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

GW26-29Goodwin · copperIntercept: 2.15 mView all details
Link to this fact

Identity

Hole ID
GW26-29
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Intercept
2.15 m
From
57.9 m
To
60.05 m
Hole Depth
137 m
Intercept Depth
57.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-29:57.9-60.05
Mining Method
unknown

Location

Location
Goodwin copper-nickel-cobalt project
Easting
697385
Northing
5239268
Elevation
395 m
Azimuth
120 °
Dip
-80 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: Small massive sulphide intercept, grade pending.

Positive factors

  • Massive sulphide

Negative factors

  • Assay results pending

Evidence · text

“2.15 m of massive sulfide mineralization”

Tags used in scoring

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

GW26-26GoodwinView all details
Link to this fact

Identity

Hole ID
GW26-26
Project
Goodwin
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Hole Depth
200 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Location
Goodwin copper-nickel-cobalt project
Easting
699469
Northing
5237581
Elevation
476 m
Azimuth
55 °
Dip
-50 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: Hole intersected pyrrhotite and chalcopyrite, but grades are pending.

Positive factors

  • Presence of chalcopyrite

Negative factors

  • Assay results pending

Evidence · text

“Chalcopyrite noted in the deeper portions of the hole.”

Tags used in scoring

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

GW26-27Goodwin · copperIntercept: 27.85 mView all details
Link to this fact

Identity

Hole ID
GW26-27
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Intercept
27.85 m
From
46 m
To
73.85 m
Hole Depth
110 m
Intercept Depth
46 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-27:46-73.85
Mining Method
unknown

Location

Location
Goodwin copper-nickel-cobalt project
Easting
697310
Northing
5239345
Elevation
393 m
Azimuth
215 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: Significant mineralized interval noted, but grades are pending.

Positive factors

  • Sustained increase in pyrrhotite mineralization

Negative factors

  • Assay results pending

Evidence · text

“sustained and progressive increase in pyrrhotite mineralization with depth across a 27.85 meter interval”

Tags used in scoring

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

GW26-28GoodwinView all details
Link to this fact

Identity

Hole ID
GW26-28
Project
Goodwin
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL

Geometry

Hole Depth
163 m

Classification

Program
exploration
Sample Type
drill
Mining Method
unknown

Location

Location
Goodwin copper-nickel-cobalt project
Easting
697180
Northing
5239410
Elevation
395 m
Azimuth
360 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-17T00:00:00.000Z

Reasoning: Hole intersected disseminated pyrrhotite, grades pending.

Positive factors

  • Localized elevated sulfide concentration

Negative factors

  • Assay results pending

Evidence · text

“localized intervals of elevated sulfide concentration”

Tags used in scoring

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.