SLAM Exploration Discovers Antimony, Gold, Silver at Moose Lake

News related to:SLAM Exploration Ltd · 2 min read

MIRAMICHI, New Brunswick, September 22, 2026 /CourierPR/ -- SLAM Exploration Ltd. has uncovered significant mineral deposits during its trenching program at the Skull epithermal zone in the Moose Lake area of the Bathurst Mining Camp in New Brunswick. The company reported antimony assays greater than the 1% detection limit in three samples from trenches SKT26-01 and SKT26-08. Additionally, up to 1.965 grams per tonne (g/t) gold and 73.50 g/t silver were collected from trenches SKT26-03 and SKT26-04. These results indicate the presence of a gold-silver zone in addition to the antimony zone at the Skull.

The Skull zone is a highly silicified breccia and quartz veining area with stibnite (antimony) mineralization emplaced along the regional Moose Lake fault structure. The company has traced the breccia zone over a strike-length of 242 meters with eight trenches. Preliminary results from 14 grab samples collected from the Skull zone trenches are pending on three samples above the detection limit of 1.00%.

Following the Skull zone, the excavator moved 3,800 meters southeast to uncover the Moose Lake zone, which was tested by three diamond drill holes in 1988. All three holes intersected epithermal breccia-style mineralization over a strike-length of 285 meters. The breccia zone is associated with the fault contact between sedimentary and granitic rocks, which are variably subject to clay and kaolin alteration flanking a zone of silicified breccia and quartz veining. The Moose Lake occurrence is open in all directions.

The Moose Lake antimony project covers the Moose Lake, Stewart, and Skull antimony gold showings, all discovered in 1986. The Moose Lake project was acquired through an option agreement signed on March 30, 2026, as announced on April 7, 2026. Contiguous to Moose Lake, SLAM's wholly-owned Slacks Lake claim group covers a number of antimony anomalies detected in regional till surveys and associated with the Moose Brook fault zone. Together, the Moose Lake and Slacks Lake claims cover 3,895 hectares of road-accessible mineral potential underlain by volcano-sedimentary rocks located in the mineral-rich Bathurst Mining Camp of New Brunswick, Canada.

SLAM Exploration Ltd. is currently focused on the Goodwin copper-nickel-cobalt project, which covers 14,000 hectares (35,000 acres) in the Bathurst Mining Camp. The company is currently setting up a drill to test a VTEM plate model conductor 200 meters north of hole GW26-33 on the Granges zone and 200 meters south of hole GW26-29 on the Logan Zone. The design of the current 7,000-meter program is set out in the company's news releases dated June 1 and June 17, 2026. Significant historical intercepts on the property include a 64.90-meter core interval grading 2.19% copper-equivalent, including 3.84% copper-equivalent over a 31.20-meter core interval, from hole GW24-02, as reported in a news release dated August 7, 2024.

The company's exploration potential is bolstered by the recent discovery of a new gold vein at the Jake Lee project, which returned up to 40.5 g/t gold and 63.30 g/t silver from channel samples. Additionally, the Menneval gold project has returned gold-bearing samples up to 0.683 g/t gold from soil anomalies measuring approximately 3,000 by 2,500 meters. SLAM is a project generator and expects to receive further cash and share payments in 2026.

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