SLAM Reports 1.60% Copper Equivalent Over 14.45 Meters in Hole GW26-33; Trenching Gold-Antimony Targets on Moose Lake Project

Original announcement by orestocks on

Company
SLAM Exploration Ltd.
Ticker
SXL.V
Exchange
Unavailable
Region
New Brunswick
Primary commodity
Copper
Secondary commodities
Nickel, Cobalt, Gold, Antimony
Document categories
Drill results, Other
Extracted
2026-09-16 12:22:06 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

SLAM Exploration reported a 1.60% CuEq intercept over 14.45m in hole GW26-33 at the Goodwin Project, including high-grade sub-intervals. The company also announced a new massive sulphide discovery 2,000m from the Logan Zone and is currently trenching the Moose Lake gold-antimony project.

Reasoning: The release reports high-grade copper-equivalent drill intercepts and a new sulphide discovery, which are significant exploration milestones for the Goodwin Project.

Positive factors

  • Strong copper equivalent intercept of 1.60% over 14.45m
  • High-grade sub-intervals (3.48% CuEq and 2.61% CuEq) reported
  • Discovery of massive sulphides 2,000m from existing zone
  • QA/QC protocols explicitly disclosed including blanks and standards

Negative factors

  • Assays for Moose Lake trenching are still pending

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 use of blanks, standards, and multi-element analysis at ALS.

Evidence · text

“A series of blanks and standards samples are included at specific intervals for quality assurance.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: New massive sulphide discovery located 2,000 meters northwest of the Logan Zone.

Evidence · text

“new discovery of massive sulphides 2,000 meters northwest of the Logan Zone”

Extracted facts

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

Drill Results (3)

GW26-33Goodwin · copperGrade: 1.6Grade Unit: %Intercept: 14.45 mView all details
Link to this fact

Identity

Hole ID
GW26-33
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL.V

Geometry

Grade
1.6
Grade Unit
%
Intercept
14.45 m
From
33.15 m
To
47.6 m
Intercept Depth
33.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-33:33.15-47.6
Mining Method
unknown

Location

Location
Goodwin Project
Loc. Confidence
medium
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
1.6
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: Strong CuEq intercept reported.

Positive factors

  • Solid grade and width for an exploration target

Evidence · text

“14.45 meter core interval grading 1.60% copper equivalent ("Cu-Eq") from a semi-massive zone in hole GW26-33.”

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

GW26-33Goodwin · copperGrade: 3.48Grade Unit: %Intercept: 1.9 mView all details
Link to this fact

Identity

Hole ID
GW26-33
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL.V

Geometry

Grade
3.48
Grade Unit
%
Intercept
1.9 m
From
33.15 m
To
35.05 m
Intercept Depth
33.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-33:33.15-35.05
Mining Method
unknown

Location

Location
Goodwin Project
Loc. Confidence
medium
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
3.48
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High grade intercept within the main interval.

Positive factors

  • High grade sub-interval

Evidence · text

“initial 1.9 core-meter interval of mineralized zone grading 3.48% CuEq between 33.15-35.05 core-meters”

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

GW26-33Goodwin · copperGrade: 2.61Grade Unit: %Intercept: 4.9 mView all details
Link to this fact

Identity

Hole ID
GW26-33
Project
Goodwin
Commodity
copper
Region
canada_nb
Reported Region
canada_nb
Ticker
SXL.V

Geometry

Grade
2.61
Grade Unit
%
Intercept
4.9 m
From
42.7 m
To
47.6 m
Intercept Depth
42.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
GW26-33:42.7-47.6
Mining Method
unknown

Location

Location
Goodwin Project
Loc. Confidence
medium
Loc. Source
document

QA/QC

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

Metal Equivalent

Metal Eq. Grade
2.61
Metal Eq. Unit
% CuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-16T00:00:00.000Z

Reasoning: High grade intercept within the main interval.

Positive factors

  • High grade sub-interval

Evidence · text

“additional sub-zone between 42.7-47.6 core-meters from surface returned 2.61% CuEq over 4.9 core meters.”

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.