SLAM Exploration Ltd. reported preliminary results from the second hole (GW24-02) drilled on its wholly owned Goodwin Project in the Bathurst Mining Camp (BMC) of New Brunswick. The Goodwin Project is located 5 kilometers southwest of the Half Mile copper zinc silver deposit owned by Trevali Mining Corporation in the BMC. Hole GW24-02 highlights include a 0.50 meter core interval containing 20% chalcopyrite (copper mineralization) and a 5.1 meter interval containing 70% pyrrhotite and 5% chalcopyrite.

This copper-bearing interval occurs within a zone of variable mineralization from 23.60 meters to 54.50 meters. GW24-02 was drilled from the same site as GW24-01 at a dip of 600 toward azimuth 0800 to a depth of 164 meters. GW24-02: Both holes tested the Granges zone where previous workers cored a 5.7 meter interval grading 1.79% copper plus 1.51% nickel in diamond drill hole GR87-55.

The core length in meters may not equal the true width of this interval. Upon completion of GW24-02, the drill was moved to Hole GW24-03 to test the Farquharson nickel zone at a point 900 meters southeast of the Granges zone. The Farquharson zone was discovered by Noranda in a 1960 drilling program.

The Goodwin Project consists of 8 original claims plus 5 recently optioned claims that combine for 159 units that cover 3,474 hectares of prospective mineral ground. The project is underlain by the Goodwin Lake gabbro, a 6,500 meter long body of intrusive rocks hosting the 3 copper nickel occurrences referenced above.