SLAM Exploration Ltd. Expands Goodwin Project with New Acquisition

SLAM Exploration Ltd. has announced its acquisition of a copper-nickel-cobalt showing near its Goodwin Project in New Brunswick, Canada. This acquisition was secured through an option agreement signed on February 18, 2026, encompassing a diamond drill hole on the Mount Raymond property, expanding the Goodwin Project to cover 12,500 hectares.

The Mount Raymond claim includes a mineral occurrence with up to 0.43% copper, 0.12% nickel, and 0.11% cobalt over a core length of 1.65 meters. To fully acquire the property, SLAM has agreed to pay CAD $82,500, issue 675,000 shares, and incur $200,000 in expenditures over three years, with Great Atlantic Resources Corp. retaining a 2% NSR royalty.

A VTEM survey was completed over the Goodwin Project, revealing promising conductors in key zones. The completion of this acquisition is subject to TSX Venture Exchange approval. With these developments, SLAM aims to strengthen its position in the mineral-rich Bathurst Mining Camp.