MIRAMICHI, NB — January 12, 2026 — Leads & Copy — SLAM Exploration Ltd. (TSXV:SXL) has acquired the Harry Brook gold-antimony project, which hosts a high-grade quartz float occurrence (1428) grading 1,320 grams per tonne (“g/t”) gold, a bedrock occurrence (1433) grading 0.965 g/t gold, and an antimony float occurrence (1216) grading 24.25% antimony.
The Harry Brook project comprises three gold-antimony mineral claims covering approximately 4,415 hectares. The claims were acquired by staking and located near the Bald Hill antimony project operated by Antimony Resources Corp. in southern New Brunswick.
The Harry Brook claims cover three documented mineral occurrences referenced in the New Brunswick Mineral Occurrence Database maintained by the New Brunswick Department of Natural Resources (“DNR”):
1428 – Harry Brook Gold: This float occurrence comprises a large quartz boulder measuring approximately 35 cm by 20 cm containing visible gold, discovered by a DNR geologist. A sample containing visible gold returned a value of 1320 g/t gold (Reference: Johnson, S.C. 2005, MP2005-55, Discovery of High-Grade Gold-bearing Float in Southern New Brunswick).
1433 – Johnson Gold: This occurrence yielded 0.965 g/t gold from a silicified rhyolite outcrop located approximately 2,800 meters northwest of the Harry Brook gold occurrence. The discovery was made by a DNR geologist during the 2005 summer mapping project.
1216 – Sheba East Antimony: This occurrence consists of antimony-bearing float grading 24.25% antimony, reported in 1927 on the Kings-Queens county line, approximately two miles east of the Johnston-Brunswick parish line.
Assays are pending on 11 channel samples sawn from the No. 1 gold vein on SLAM’s wholly-owned Jake Lee claims. The Company reported eight grab samples with assays ranging from 7.42 grams per tonne (“g/t”) to 94.80 g/t gold from the No. 1 gold vein on July 9, 2025. A second discovery comprised quartz float grading 16.20 and 3.78 g/t gold respectively 100 meters southwest of the initial discovery as reported August 28, 2025.
Assays are also pending on 52 grab samples collected from trenches dug on various targets up to 7,500 meters along strike. The Jake Lee claims are located 25 kilometers southeast of the Clarence Stream gold deposit where Galway Metals Inc. Clarence Stream is host to a 12.4M tonne indicated resource of 922,000 ounces at a grade of 2.31 g/t gold plus an inferred resource of 16.1m tonnes with 1,334,000 ounces at a grade of 2.60 g/t gold. (Reference: “Updated Mineral Resource Statement, Clarence Stream Deposits, New Brunswick, Canada, by SLR Consulting (Canada) Ltd., March 31, 2022”). SLAM’s exploration team recently mobilized back to Jake Lee.
SLAM previously reported gold bearing core intervals from the Maisie vein, including 162.5 g/t gold over 0.2 m and 56.90 g/t gold over 0.5 m, in news releases dated December 13, 2021 and November 22, 2022. The Company also reported a core interval grading 3,955 g/t (127oz) gold over 0.1m from the No. 18 vein. The Menneval soil geochemical survey shows a number of gold anomalies over an area measuring approximately 3,000 meters by 2,500 meters.
SLAM Exploration Ltd. is a publicly listed resource company with a 40,000-hectare portfolio of mineral claim holdings in the mineral-rich province of New Brunswick. This portfolio is built around the Goodwin Copper Nickel Cobalt project in the Bathurst Mining Camp (“BMC”) of New Brunswick. The Company drilled 10 holes in the 2025 diamond drilling campaign on the Goodwin copper-nickel-cobalt project. This followed significant copper, nickel and cobalt intercepts from 15 diamond drill holes reported by the Company in 2024. These include a 64.90 meter core interval, grading 2.19% Cu-Eq (copper-nickel-cobalt), including 3.84% Cu-Eq over a 31.20 meter core interval from hole GW24-02 as reported in a news release August 7, 2024. Significant gold values were also reported with up to 3.31 grams per tonne over 0.5m in hole GW24-01.
The Company is a project generator and expects to receive significant cash and share payments in 2026. SLAM received 1,200,000 shares plus cash from Nine Mile Metals Inc. (NINE) in 2025 pursuant to the Wedge project agreement. Also in 2025, the Company received a cash payment of $60,000 as well as 180,000 shares of a private company pursuant to the Ramsay gold agreement. The Company holds NSR royalties and expects to receive additional cash and share payments on the Wedge copper zinc project and on the Ramsay gold project.
Mike Taylor P.Geo, President and CEO of SLAM Exploration Ltd., is a qualified person as defined by National Instrument 43-101, and has approved the contents of this news release.
Contact Information:
Mike Taylor, President & CEO
Contact: 506-623-8960
mike@slamexploration.com
Jimmy Gravel, Vice-President
Contact 902-273-2387
jimmy@slamexploration.com
SEDAR+: 00012459
Source: SLAM Exploration Ltd.
