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 11:53:27 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
SLAM Exploration reported a 14.45m intercept at 1.60% CuEq in hole GW26-33 at the Goodwin Project. The company also noted new massive sulphide discoveries and is currently trenching gold-antimony targets at the Moose Lake Project.
Reasoning: The drill results show significant copper equivalent grades in a new sulphide zone, supported by clear QA/QC disclosure.
Positive factors
- Strong copper equivalent grade in GW26-33
- High-grade sub-intervals reported
- QA/QC protocols disclosed including blanks and standards
- Discovery of new massive sulphides 2,000m from Logan Zone
Negative factors
- Metal equivalent assumptions (95% recovery) are stated but specific metal prices are not listed in the text
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 blanks and standards were included for quality assurance.
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 discovery of massive sulphides 2,000m 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 detailsHide details
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
- Sample Type
- drill
- Group ID
- GW26-33:33.15-47.6
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
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: 1.60% CuEq over 14.45m is a strong intercept for this type of project.
Positive factors
- Significant width and grade for a sulphide discovery
Evidence · text
“14.45 meter ("m") core interval grading 1.60% copper equivalent ("Cu-Eq")”
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 detailsHide details
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
- Sample Type
- drill
- Group ID
- GW26-33:33.15-35.05
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
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 of 3.48% CuEq.
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 detailsHide details
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
- 33.15 m
Classification
- Sample Type
- drill
- Group ID
- GW26-33:42.7-47.6
- Mining Method
- open_pit
Location
- Loc. Confidence
- medium
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: Significant sub-zone of 2.61% CuEq.
Positive factors
- Strong grade sub-interval
Evidence · text
“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.