Assays include 7.95% zinc, 4.71% lead, 118.57 g/t silver and 1.09 g/t gold; trenching continues to test airborne conductors and other targets

SLAM Exploration Ltd. (TSX-V: SXL) (“SLAM”) announces trenching results from the new discovery at its TSN project. A total of 50 grab samples were collected from 5 trenches. The table below includes the more significant assay results.

These results were obtained from 4 trenches covering a strike length of approximately 400 metres at the TSN discovery. From a total of 50 samples, 6 samples of near-solid and stringer sulphide mineralization range from 1.58 to 7.95% zinc, 1.40 to 4.71% lead and 26.16 to 118.57 g/t silver. Thirty-eight of the 50 samples contain quartz-pyrite-chalcopyrite mineralization ranging from 0.10 to 1.00% combined base metals and 6 samples contain quartz-pyrite mineralization with base metals in trace amounts ranging 0 to 0.10%.

The overburden depths vary from 2 to 6 metres in these trenches. The samples were collected from large slabs of loose excavated material. Individual samples may represent either basal till or bedrock. The trenching program is currently testing a series of airborne conductors and magnetic trends that strike for 14 km across the property. The purpose of this program is to discover additional sulphide mineralization beneath the extensive till cover in this area.

The wholly owned TSN property comprises 607 claims, covering 9712 hectares located 50 km west of Miramichi in the Bathurst Mining Camp. Although the area is underlain by highly prospective Miramichi and Tetagouche Group sedimentary and volcanic rocks, previous exploration has been limited due to lack of outcrop. The rock sequence appears similar and along strike to that hosting the 150 million tonne Brunswick Mining and Smelting No. 12 Mine located 50 km to the north.

The TSN property is part of SLAM’s strategy to discover and develop base metal resources within close proximity to the world-class Bathurst Mining Camp in New Brunswick. The Nash Creek zinc deposit remains the Company’s main focus. Work in progress includes an update of the Nash Creek resource estimate in a 43-101 Technical Report being prepared by Wardrop Engineering Inc.

Derek F. Brown P.Geo., SLAM’s Exploration Manager, is the Qualified Person, as defined under National Instrument 43-101, responsible for the technical results reported in this news release. All samples were sent to Accurassay Laboratories and analyzed using aqua regia digestion with AA finish for zinc, lead, copper, silver and cobalt. All samples were assayed for gold using fire assay with AA finish.

Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com. SLAM Exploration Ltd. is a mineral resource company based in Miramichi, New Brunswick. It is extremely active in base metal exploration in New Brunswick as well as gold exploration in the Uchi subprovince of northwest Ontario. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

On behalf of the Board:

Mike Taylor, P. Geo.

President & CEO

SLAM Exploration Ltd.

SEDAR: 00012459E

CONTACT INFORMATION:

Corporate Inquiries & Investor Relations

Brenda Hosford, Business Administrator

506.627.1353

Toll Free: 866.523.6719

brenda@slamexploration.com

AGORACOM Investor Relations

http://www.agoracom.com/IR/slamexplo...

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.