To a static observer on the ground the pellet will appear stationary as it exits the barrel and will drop to the ground under gravity.
This is because at the speeds under consideration Newtonian Physics suffices and vectors can be added
It won't "Slide" from the end of the barrel as such because it will still be moving at 600fps relative to the muzzle, it will be deflected sideways slightly in it's fall as it will be a rapidly spinning,
ATB,
Nick