[Marinir] {Disarmed} Halted News: Slam (TSX-V: SXL) Uncovers Gold-Bearing Quartz Veins

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Tue Dec 6 19:53:13 CET 2011


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http://www.slamexploration.com 

Slam Uncovers Gold-Bearing Quartz Veins 

SLAM Exploration Ltd. (TSXV: SXL 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=SXL&region=C&lookup=symbol&snapshot=default 

) (US-OTC: SLMF 

http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=SLMF&region=U&lookup=symbol&snapshot=default 

) is pleased to report it has uncovered several quartz veins with 
visible gold within bedrock in a trenching operation underway at the 
recently acquired "Saint-Quentin" gold discovery in northwest New 
Brunswick. The vein in the trench photo contains multiple flecks of gold 
and is directly beneath the original gold-bearing boulders discovered by 
Tim Lavoie. 

The gold-bearing veins are exposed over a strike length of 250 m. The 
trenching operation continues to test for additional veins along strike 
by following boulders found by our prospecting team. Assays are pending 
on samples of quartz veins and wallrock. 

CEO Mike Taylor considers the find "Highly encouraging this early into 
exploration" and suggested that "this sets the stage for a very 
aggressive exploration campaign". The discovery of quartz veins with 
visible gold in bedrock increases the potential for an economical gold 
deposit at Saint-Quentin. 

About The SAINT QUENTIN Gold Discovery: SLAM has an option to earn 100% 
interest in the NW Gold Project which comprises 251 units in 20 claims 
located near Saint Quentin, in northwest New Brunswick. Combined they 
cover 6275 hectares of highly prospective sedimentary rocks with 
favourable gold-bearing structures. 

Qualifying Statements: Derek F. Brown, P.Geo. and consultant to SLAM is 
the Qualified Person responsible for the technical information contained 
herein. Grab samples were collected and sent to Actlabs in Ancaster, 
Ontario for assay. 

About SLAM Exploration Ltd: 

SLAM is a mineral resource company based in Miramichi, New Brunswick and 
currently has 2 diamond drilling rigs turning on its wholly owned 
Nepisiguit silver-copper-lead-zinc deposit in New Brunswick. In addition 
to the NW Gold project, the Company has a significant gold portfolio 
including the Reserve Creek gold deposit in Ontario. Additional 
information about SLAM and its projects is available at 
www.slamexploration.com 

http://www.slamexploration.com 

or from SEDAR filings at www.sedar.com 

http://www.sedar.com 

. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as 
that term is defined in the policies of the TSX Venture Exchange) 
accepts 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 

For further information: 

SLAM Exploration Ltd. 

Brian Jones, Investor Relations; Toll Free: 855.800.6109 

Toronto: 647.729.1436 

info at slamexploration.com 

This news release does not constitute an offer to sell or a solicitation 
of an offer to sell any of securities in the United States. The 
securities have not been and will not be registered under the United 
States Securities Act of 1933, as amended (the "U.S. Securities Act") or 
any state securities laws and may not be offered or sold within the 
United States or to U.S. Persons unless registered under the U.S. 
Securities Act and applicable state securities laws or an exemption from 
such registration is available. 

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 SLAM 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 

http://www.sedar.com 

for further information. 

For more information about this service, please see: 
www.infostockbiz.com 

http://www.infostockbiz.com 

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