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SLAM IP Survey Expands Target Beneath Farquharson Copper-Nickel-Cobalt Zone At Goodwin
High-Resolution IP Survey Shows Potential At Depth MIRAMICHI, NB / ACCESS Newswire / Augus...
About this update from Slam Exploration Ltd.
[{"type":"text","content":"SLAM IP Survey Expands Target Beneath Farquharson Copper-Nickel-Cobalt Zone At GoodwinHigh-Resolution IP Survey Shows Potential At Depth MIRAMICHI, NB / ACCESS Newswire / August 21, 2025 / SLAM Exploration Ltd. (\"SLAM\" or the \"Company\") (TSXV-SXL) is pleased to announce results for Line L3300E, the third line of an induced polarization (\"IP\") survey conducted over the Granges, Farquharson and Logan copper-nickel-cobalt zones on its wholly owned Goodwin claims in the mineral-rich Bathurst Mining Camp of New Brunswick. The IP survey suggests potential for extensions of all three zones at depth.The Company has requested proposals from several drilling contractors for a 4,000 meter drilling program on this road-accessible project. The primary objective is to expand the Granges and Farquharson copper-nickel-cobalt zones along strike and at depth. SLAM previously reported a 64.90-meter core interval grading a 1.61% copper equivalent (\"CuEq\")* from 23.60 to 88.50 meters in hole GW24-02, drilled on the Granges Zone.SLAM CEO Mike Taylor stated, \"Our IP and drilling results demonstrate that the Goodwin copper-nickel-cobalt project has the potential to contribute meaningfully to Canada's critical elements portfolio in the mineral-rich province of New Brunswick. Copper, nickel and cobalt are key metals in Canada's economic strategy for critical elements, and we expect Goodwin to play a significant role.\" The Management Committee adds \"With the outstanding IP targets identified on the latest maps and those previously published, the Board looks forward to the drilling campaign\".Line L3300E crosses the Farquharson zone and passes directly over hole GW24-03, located at 1760N on this line. The Company intends to test the Farquharson Zone, where prior drilling returned a 60.60-metre interval grading 0.90% CuEq from 72.90 to 133.50 metres in hole GW24-03.The planned drilling program aims to identify potential higher grade mineral zones and depth extensions of the Granges and Farquharson Zones. The Company is also planning additional IP surveys to extend the target area.The CuEq grades disclosed herein were calculated using an 85% recovery rate, based on assays previously reported in Company news releases dated August 7, 2024 (hole GW24-02) and August 12, 2024 (GW24-03).Drill ResultsHole IDFromToLengthCopperNickelCobalt*Copper% MMMeters...