Here's how it works:
There is no firing mechanism in the slide other than the firing pin, which is just sitting there waiting to be smacked by the hammer.
The "already cocked" mechanism is in the same place it is on any other 1911-type gun: the mainspring housing.
Para-Ordnance LDA
When the hammer is rotated back it rotates the cocking cam with it. The cocking cam is caught by the sear. When the rearward force is removed from the hammer it is returned to the forward position by a light spring.
When the trigger is pulled the drawbar rotates the hammer to the rear. At the end of the trigger stroke the drawbar raises the sear and the cocking cam rotates forward under the impetus of the mainspring. The hammer is driven into the firing pin by the cocking cam.
There is no firing mechanism in the slide other than the firing pin, which is just sitting there waiting to be smacked by the hammer.
The "already cocked" mechanism is in the same place it is on any other 1911-type gun: the mainspring housing.