Welcome to our dedicated page for Slam Exploration news (Ticker: SLMXF), a resource for investors and traders seeking the latest updates and insights on Slam Exploration stock.
SLAM Exploration Ltd. (SLMXF) news covers exploration and corporate updates from its gold and critical metals projects in New Brunswick, Canada. Company releases highlight drilling, sampling and acquisition activity across a portfolio that includes the Goodwin Copper-Nickel-Cobalt Project in the Bathurst Mining Camp, the Menneval Gold Project in northern New Brunswick, and gold projects such as Jake Lee, Highway and Harry Brook in the south of the province.
Investors following SLMXF news can review detailed assay results from diamond drilling at Goodwin, including intervals containing copper, nickel and cobalt from zones such as Farquharson and Granges. Releases also describe gold-focused work at Menneval, where soil grids and quartz veins like the Maisie and No. 18 veins have returned high-grade gold values, and at Jake Lee, where grab and channel samples from the No. 1 vein have reported notable gold and silver grades.
Additional news items discuss the Mine Road zinc-silver project adjacent to the former Heath Steele mine, the acquisition of the Harry Brook gold-antimony project, and SLAM’s participation in investor conferences. As a project generator, the company also reports on cash and share payments received under agreements and the NSR royalties it holds on certain properties. This news feed brings together these exploration, transaction and corporate communications for readers tracking SLMXF.
SLAM Exploration (OTC:SLMXF) reported soil assays up to 0.466 g/t Au from 766 samples collected on a 50x25 m grid around the Jake Lee No. 1 vein. Channel sampling returned high-grade results up to 40.5 g/t Au and 63.3 g/t Ag over 0.40 m.
Anomalous soil areas (200 x 400 m) coincide with an airborne conductor. Samples were analyzed by Actlabs; the project received a $45,000 NBJMAP award with final payment pending.
SLAM (OTC:SLMXF) increased its non‑brokered private placement to 22,600,000 units at $0.09 per unit for gross proceeds up to $2,034,000 on February 20, 2026. The offering includes FT CMETC units, FT units and NFT units with warrants exercisable at $0.13 for two years.
Proceeds will fund eligible exploration at Goodwin, other gold projects, and working capital; securities are subject to TSXV acceptance and a four‑month plus one day hold period.
SLAM (OTC:SLMXF) announced a non-brokered private placement of up to 13,000,000 units at $0.09 per unit to raise up to $1,170,000. The financing includes up to 12,500,000 flow-through CMETC units to fund exploration at the Goodwin project and up to 500,000 non-flow-through units.
Each FT CMETC Unit comprises one flow-through share and 1/2 warrant; each NFT Unit includes one common share and one warrant. Whole warrants exercise at $0.13 for two years. FT proceeds will be renounced as qualifying CEE for the 30% Critical Mineral Exploration Tax Credit. Closing subject to TSXV approval and a four-month hold period.
SLAM Exploration (OTC:SLMXF) has started an 852-kilometre VTEM™-Plus airborne electromagnetic survey over the Goodwin copper-nickel-cobalt project in New Brunswick, contracted to Geotech at an estimated cost of $275,000.
Survey follows SLAM's 25-hole 2024–2025 diamond drilling campaign. Final 2025 assays include multiple intercepts (e.g., GW2517: 48.00 m @ recovered 2.52% Cu‑Eq), and 2024 highlights included GW24-02: 64.90 m @ 2.19% Cu‑Eq including 31.20 m @ 3.84% Cu‑Eq. SLAM completed 10 holes (2,944 m) in 2025.
Other items: grant of 3,100,000 stock options at $0.08 expiring January 23, 2029; Jake Lee channel assays reported up to 40.5 g/t Au with soils pending.
SLAM Exploration (OTC:SLMXF) reported channel sample assays from the No. 1 vein on its wholly owned Jake Lee claims in New Brunswick, Canada, with results up to 40.50 g/t gold and 63.30 g/t silver. Three 0.40 m channels returned 31.3 g/t, 12.3 g/t and 40.5 g/t gold. Wallrock samples returned gold from 0.118–0.898 g/t. Samples were analyzed by Actlabs (fire assay/AAS and gravimetric for over-limits).
The Jake Lee claims lie 25 km southeast of Galway Metals' Clarence Stream deposit.
SLAM (OTC:SLMXF) acquired the Harry Brook gold‑antimony project in New Brunswick, adding three staked claims totalling approximately 4,415 hectares. Documented mineral occurrences on the claims include a high‑grade quartz float sample of 1,320 g/t Au (occurrence 1428), a bedrock occurrence of 0.965 g/t Au (1433) and an antimony float of 24.25% Sb (1216). The Harry Brook claims lie near Antimony Resources Corp.'s Bald Hill project.
Separately, SLAM reports assays pending on 11 channel samples from the No.1 vein and on 52 grab samples from trenches at the Jake Lee project; prior Jake Lee grab assays ranged from 7.42 to 94.80 g/t Au. Historic Menneval core intervals include narrow, very high‑grade hits up to 3,955 g/t Au over 0.1 m.
SLAM (TSXV:SLMXF) reported assay results from 904 soil samples collected around the Maisie vein at the wholly owned Menneval gold project in northwestern New Brunswick on January 7, 2026. The expanded soil grid (2,511 samples total) shows widespread gold anomalies and spatial association with known quartz veins and aeromagnetic lineaments, identifying priority drilling and trenching targets for the planned 2026 Menneval drilling campaign. Historical high‑grade core intervals cited include 3,955 g/t over 0.1 m, 162.5 g/t over 0.2 m, and 56.90 g/t over 0.5 m. QA/QC work was completed by Actlabs using fire assay (procedure 1A2).
SLAM Exploration (OTC:SLMXF) completed channel sampling of the No. 1 vein at its wholly owned Jake Lee project in southwestern New Brunswick on December 18, 2025. Eleven channel samples were sawn from exposed bedrock in trench JT25-01 and delivered to Actlabs in Fredericton for analysis; assays are pending.
The No. 1 vein has previously produced reported gold grades of 7.42 g/t to 94.80 g/t since discovery on July 9, 2025. Additional quartz veins were exposed 7,500 meters southwest and angular quartz rubble with chalcopyrite-bornite was found 1,600 meters southeast of the No. 1 vein. The project lies 25 km southeast of the Clarence Stream deposit. The company received $45,000 from New Brunswick's Junior Mining Assistance Program to support 2025 exploration. Actlabs will use fire assay (1A2/1A3) and ICP 1E3 methods for analysis.
SLM Exploration (OTC:SLMXF) reported a 74.80 metre core intercept grading 0.96% copper equivalent (Cu Eq) in hole GW25-19 on the Farquharson zone at the wholly owned Goodwin copper-nickel-cobalt project on December 11, 2025.
True width is estimated at 50 metres from the 74.8m core length. The Farquharson zone strike is extended to 360 metres and remains open; company data and an airborne MegaTEM survey suggest possible extensions to 7,000 metres. The 2025 program delivered 10 holes totalling 2,603 metres. Grades are "recovered" Cu Eq using a 90% recovery assumption and metal prices dated December 9, 2025.
SLAM (OTC:SLMXF) released assay results from the first three holes of its 2025 Goodwin diamond drilling campaign in New Brunswick on December 3, 2025. Key intercepts include 2.40% CuEq over 4.50 m in GW25-16 and 0.97% CuEq over 48.00 m in GW25-17, using assumed 90% recoveries and metal prices dated November 29, 2025. The company completed 10 holes totaling 2,603 m, with one hole on the Granges Zone and nine on the Farquharson Zone. The Farquharson Zone strike was extended to 360 m and remains open in both directions. The company is requesting quotes for airborne and down-hole EM surveys ahead of 2026 drilling. Reported lengths are drilled core intervals; true widths are undetermined.