SLAM Exploration Ltd. announced it has entered into an arm's length option agreement with Prospect Or Corp. dated June 3, 2024, to acquire a 100% interest in 5 mineral claims located 5 kilometres southwest of the Half Mile copper zinc deposit owned by Trevali Mining Corporation and located in the Bathurst Mining Camp of New Brunswick. These claims were acquired to cover potential extensions of known copper nickel occurrences on SLAM's original Goodwin project.

Previous workers cored a 5.7 metre interval grading 1.79% copper plus 1.51% nickel in diamond drill hole GR87-55 on the Granges zone located within SLAM's original Goodwin project; The core length in metres may not equal the true width of this interval. Prior to the Granges discovery in 1987, two additional copper nickel occurrences named the Farquharson zone and the Logan zone had been discovered in drilling programs dating back to 1960. The Goodwin Project consists of 8 original claims plus 5 newly optioned claims that combine for 159 units that cover 3,474 hectares of prospective mineral ground.

The option agreement and proposed share issuances remain subject to approval by the TSX Venture Exchange. All security issuances will be subject to a statutory hold period of 4 months and one day from issuance in accordance with Canadian securities laws. No finders' fees were paid on this arm's length agreement.