SLAM Exploration accepts conditional Ocean Partners offtake offer for 40,000 wet tonnes of New Brunswick ore
Bitget2026/10/29 11:36- Slam Exploration accepted Ocean Partners' conditional offer on October 27, 2026, for approximately 40,000 wet metric tonnes of polymetallic ore.
- The ore is expected from the A'Hearn property in New Brunswick; extraction is targeted for spring 2027, pending permits and environmental approvals.
- The offer remains nonbinding, subject to refinery testing, buyer know-your-customer checks and execution of a definitive contract.
- Provisional payment covers 85% of estimated value within five working days of the bill of lading; the balance follows final settlement.
- Delivery can be CIF to a main Chinese port or FOB a Canadian port, with actual freight costs deducted from provisional payment.
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