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SLAM Announces Gold Assays From Menneval
Discovering Gold and Critical Elements in the Mineral-Rich Province of New Brunswick, Canada ...

About this update from Slam Exploration Ltd.
[{"type":"text","content":"SLAM Announces Gold Assays From MennevalDiscovering Gold and Critical Elements in the Mineral-Rich Province of New Brunswick, Canada MIRAMICHI, NB / ACCESS Newswire / January 7, 2026 / SLAM Exploration Ltd. (TSXV:SXL) (\"SLAM\" or the \"Company\") is pleased to report assay results from 904 soil samples collected in the vicinity of the Maisie vein on its wholly owned Menneval Gold Project, located in northwestern New Brunswick.The samples represent an expansion of the Menneval soil grid, where previously reported soil samples ranged from 0.005 grams per tonne (\"g/t\") to 0.683 g/t gold. The results indicate potential extensions to a swarm of quartz veins previously discovered by SLAM. Previously reported core intervals include 3,955 g/t gold over 0.1m from the No. 18 vein (SLAM news release December 03, 2020), as well as 162.5 g/t gold over 0.2 m (December 13, 2021) and 56.90 g/t gold over 0.5 m (November 22, 2022) from the Maisie vein. These veins, together with contoured gold results from the entire soil grid comprising 2,511 samples, are shown on Figure 1.Figure 1: Menneval Soil Grid - Gold (ppb) Director Jacques Turcotte stated: \"Wow! Eighty percent of these samples contain gold as seen by the number of coloured dots. These beautiful maps show us the exceptional gold potential of Menneval. The blue dots show high gold lining up along aeromagnetic features and define exceptional drilling and trenching targets for upcoming 2026 campaign. Along with our known high grade gold veins open at depth and along strike these are high priority gold targets. The 2026 Menneval drilling program will be very exciting!\"Gold soil anomalies are widespread across the Menneval soil grid, as illustrated in Figure 1. There is a strong spatial association between the gold soil anomalies and known quartz veins previously discovered by SLAM.Gold soil assay results are also displayed in thematic form over a calculated vertical derivative (\"gradient\") map of regional airborne magnetic data on Figure 2.Figure 2: Menneval Soil Grid - Gold (ppb) - Calculated Vertical Derivative Airborne Magnetics The gradient map highlights an association between aeromagnetic features and gold-bearing quartz veins. In addition to known veins, numerous gold-bearing soil samples are associated with linear aeromagnetic features which represent priority drilling targets....