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Slam Exploration Stock Price, News & Analysis

SLMXF OTC

Welcome to our dedicated page for Slam Exploration news (Ticker: SLMXF), a resource for investors and traders seeking the latest updates and insights on Slam Exploration stock.

SLAM Exploration Ltd. (SLMXF) news covers exploration and corporate updates from its gold and critical metals projects in New Brunswick, Canada. Company releases highlight drilling, sampling and acquisition activity across a portfolio that includes the Goodwin Copper-Nickel-Cobalt Project in the Bathurst Mining Camp, the Menneval Gold Project in northern New Brunswick, and gold projects such as Jake Lee, Highway and Harry Brook in the south of the province.

Investors following SLMXF news can review detailed assay results from diamond drilling at Goodwin, including intervals containing copper, nickel and cobalt from zones such as Farquharson and Granges. Releases also describe gold-focused work at Menneval, where soil grids and quartz veins like the Maisie and No. 18 veins have returned high-grade gold values, and at Jake Lee, where grab and channel samples from the No. 1 vein have reported notable gold and silver grades.

Additional news items discuss the Mine Road zinc-silver project adjacent to the former Heath Steele mine, the acquisition of the Harry Brook gold-antimony project, and SLAM’s participation in investor conferences. As a project generator, the company also reports on cash and share payments received under agreements and the NSR royalties it holds on certain properties. This news feed brings together these exploration, transaction and corporate communications for readers tracking SLMXF.

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SLAM Exploration (TSXV:SXL • OTCQB:SXLXF) announced its common shares began trading on the OTCQB Venture Market at the open on April 1, 2026 under the ticker SXLXF. The move aims to increase U.S. investor access, U.S. dollar trading during U.S. hours, and visibility ahead of 2026 drilling programs.

The company said OTCQB listing supports liquidity and broader North American exposure as SLAM advances the Goodwin copper-nickel-cobalt project and plans follow-up diamond drilling on recent gold discoveries at Jake Lee and Menneval in New Brunswick.

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SLAM Exploration (OTC:SLMXF) closed an oversubscribed non-brokered private placement on March 12, 2026, issuing 23,030,553 units at $0.09 per unit for gross proceeds of $2,072,750. The financing included 18,141,664 FT CMETC units, 3,000,000 FT units and 1,888,889 NFT units.

Proceeds target Canadian exploration expenses for the Goodwin project and other New Brunswick gold, zinc, copper and nickel projects; warrants exercisable at $0.13 for two years and a statutory hold period ends July 12, 2026.

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SLAM Exploration (TSXV:SLMXF) signed a February 18, 2026 option to acquire the 175-hectare Mount Raymond claim adjacent to the Goodwin project, expanding Goodwin to ~12,500 hectares in New Brunswick's Bathurst camp. The claim hosts reported semi-massive sulphides grading up to 0.43% Cu, 0.12% Ni, 0.11% Co over 1.65m from a 2011 drill hole.

Consideration to earn 100%: 675,000 shares, CAD $82,500 cash and CAD $200,000 qualifying expenditures over three years; a 2% NSR is retained with a 1% buyback at CAD $1,000,000. TSXV approval required. An 850 km VTEM survey was completed over Goodwin.

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SLAM Exploration (OTC:SLMXF) reported soil assays up to 0.466 g/t Au from 766 samples collected on a 50x25 m grid around the Jake Lee No. 1 vein. Channel sampling returned high-grade results up to 40.5 g/t Au and 63.3 g/t Ag over 0.40 m.

Anomalous soil areas (200 x 400 m) coincide with an airborne conductor. Samples were analyzed by Actlabs; the project received a $45,000 NBJMAP award with final payment pending.

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SLAM (OTC:SLMXF) increased its non‑brokered private placement to 22,600,000 units at $0.09 per unit for gross proceeds up to $2,034,000 on February 20, 2026. The offering includes FT CMETC units, FT units and NFT units with warrants exercisable at $0.13 for two years.

Proceeds will fund eligible exploration at Goodwin, other gold projects, and working capital; securities are subject to TSXV acceptance and a four‑month plus one day hold period.

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SLAM (OTC:SLMXF) announced a non-brokered private placement of up to 13,000,000 units at $0.09 per unit to raise up to $1,170,000. The financing includes up to 12,500,000 flow-through CMETC units to fund exploration at the Goodwin project and up to 500,000 non-flow-through units.

Each FT CMETC Unit comprises one flow-through share and 1/2 warrant; each NFT Unit includes one common share and one warrant. Whole warrants exercise at $0.13 for two years. FT proceeds will be renounced as qualifying CEE for the 30% Critical Mineral Exploration Tax Credit. Closing subject to TSXV approval and a four-month hold period.

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SLAM Exploration (OTC:SLMXF) has started an 852-kilometre VTEM™-Plus airborne electromagnetic survey over the Goodwin copper-nickel-cobalt project in New Brunswick, contracted to Geotech at an estimated cost of $275,000.

Survey follows SLAM's 25-hole 2024–2025 diamond drilling campaign. Final 2025 assays include multiple intercepts (e.g., GW2517: 48.00 m @ recovered 2.52% Cu‑Eq), and 2024 highlights included GW24-02: 64.90 m @ 2.19% Cu‑Eq including 31.20 m @ 3.84% Cu‑Eq. SLAM completed 10 holes (2,944 m) in 2025.

Other items: grant of 3,100,000 stock options at $0.08 expiring January 23, 2029; Jake Lee channel assays reported up to 40.5 g/t Au with soils pending.

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SLAM Exploration (OTC:SLMXF) reported channel sample assays from the No. 1 vein on its wholly owned Jake Lee claims in New Brunswick, Canada, with results up to 40.50 g/t gold and 63.30 g/t silver. Three 0.40 m channels returned 31.3 g/t, 12.3 g/t and 40.5 g/t gold. Wallrock samples returned gold from 0.118–0.898 g/t. Samples were analyzed by Actlabs (fire assay/AAS and gravimetric for over-limits).

The Jake Lee claims lie 25 km southeast of Galway Metals' Clarence Stream deposit.

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SLAM (OTC:SLMXF) acquired the Harry Brook gold‑antimony project in New Brunswick, adding three staked claims totalling approximately 4,415 hectares. Documented mineral occurrences on the claims include a high‑grade quartz float sample of 1,320 g/t Au (occurrence 1428), a bedrock occurrence of 0.965 g/t Au (1433) and an antimony float of 24.25% Sb (1216). The Harry Brook claims lie near Antimony Resources Corp.'s Bald Hill project.

Separately, SLAM reports assays pending on 11 channel samples from the No.1 vein and on 52 grab samples from trenches at the Jake Lee project; prior Jake Lee grab assays ranged from 7.42 to 94.80 g/t Au. Historic Menneval core intervals include narrow, very high‑grade hits up to 3,955 g/t Au over 0.1 m.

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SLAM (TSXV:SLMXF) reported assay results from 904 soil samples collected around the Maisie vein at the wholly owned Menneval gold project in northwestern New Brunswick on January 7, 2026. The expanded soil grid (2,511 samples total) shows widespread gold anomalies and spatial association with known quartz veins and aeromagnetic lineaments, identifying priority drilling and trenching targets for the planned 2026 Menneval drilling campaign. Historical high‑grade core intervals cited include 3,955 g/t over 0.1 m, 162.5 g/t over 0.2 m, and 56.90 g/t over 0.5 m. QA/QC work was completed by Actlabs using fire assay (procedure 1A2).

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FAQ

What is the current stock price of Slam Exploration (SLMXF)?

The current stock price of Slam Exploration (SLMXF) is $0.0492 as of March 24, 2026.

What is the market cap of Slam Exploration (SLMXF)?

The market cap of Slam Exploration (SLMXF) is approximately 7.3M.