SLAM Exploration Ltd. reported preliminary results from the third hole (GW24-03) 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 GW24-03 highlights include a 23.55 meter core interval with 15% pyrrhotite starting at 72.90 meters, a 13.65 meter interval with 15% pyrRhotite mineralization starting at 94.8 meters and a 20.85 meter zone with 15% pyrr hotite from 113.15 meters to 134.00 meters.

These intervals combine for 58 meters of pyrrhotite mineralization, which, according to previous workers, generally contains nickel at Goodwin. GW24-03 was drilled from a site located 900 meters southeast of hole GW24-02. Logging and sampling are in progress on diamond drill hole GW24-02 and GW24-03.

Holes GW24-01 and GW24-02 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. HoleGW24-03 located 900 meters southeast of holeGW24-02 was drilled to test for pyrrhotite and associated nickel mineralization in the Farquharson zone which was discovered by Noranda in a 1960 drilling program.

Upon completion of GW24-03, the drill was de-mobilized. 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.

Permits are in place for a trenching and drilling program to test for copper nickel mineralization as well as gold and platinum group metals. The Goodwin project is accessible by logging roads from the Fraser Burchill road off Route 430 which connects to the city of Miramichi 90 kilometers to the southeast.