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SLAM Team Members Receive Prospector of the Year Award for Gold Discoveries
Published : November 08, 2012

Congratulations to Michael Taylor and Tim Lavoie

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Keywords :   Gold | Gold Discovery | Iceberg | Market | Silver |

MIRAMICHI, NEW BRUNSWICK--(Marketwire - Nov. 8, 2012) - SLAM Exploration Ltd. (News - Market indicators)(OTCBB:SLMF) ("SLAM")  The Board of Directors wish to congratulate Prospector Tim Lavoie and President Michael Taylor on being chosen for the Prospector of the Year Award at the New Brunswick Exploration, Mining & Petroleum 2012 Conference held in Fredericton, NB. The award is in recognition of Tim Lavoie's gold discovery on the NW Gold project and Mr. Taylor's Maisie gold discovery on the Menneval project. Both projects are located on paved roads with the NW Gold project 10 km east of Saint Quentin and the Menneval project 15 km northeast of Kedgwick in New Brunswick. The two bonanza gold discoveries are 30 km apart and suggest the potential emergence of a new gold mining district.

The Maisie vein at Menneval has been traced over a strike length of 700 m with numerous sites of visible gold. Chip and channel sampling results indicate local bonanza grades up to 1100 g/t gold over 1.1 m as announced October 22, 2012. The NW project is similar and the Lavoie discovery has produced grab samples up to 493 g/t gold. 

The new gold discoveries have characteristics similar to veins found in the famous California motherlode district. They occur in a huge terrane of metasediments that stretches across northwestern New Brunswick. According to Mike Taylor, "The area is essentially unexplored and we are finding gold on ground that has never seen a prospector's hammer." 

Commenting on the Awards, Chairman John Hansuld noted, "Tim and Mike are to be congratulated. These bonanza discoveries resulted from good old prospecting, still one of the most cost effective techniques available to our industry. This may be the tip of the iceberg for a significant new gold district in New Brunswick."

About SLAM Exploration Ltd:

SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively exploring new gold discoveries on its Menneval and NW Gold projects in northwestern New Brunswick. In addition, the Company owns the Nepisiguit and Nash Creek silver-base metal deposits, both NI 43-101 compliant and located in New Brunswick. The Company also owns a significant gold portfolio in Ontario including the Reserve Creek gold deposit. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Follow us on twitter @SLAMGold.

On behalf of the Board
John A. Hansuld
Chairman
SLAM Exploration Ltd.
 
SEDAR: 00012459E

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 for further information.

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.

SLAM Exploration Ltd.
Brian Jones
Investor Relations
Toronto: 647.729.1436
Toll Free: 855.800.6109
info@slamexploration.com

Slam Exploration Ltd.

EXPLORATION STAGE
CODE : SXL.V
ISIN : CA8310042053
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Slam Expl. is a zinc and lead development stage company based in Canada.

Slam Expl. holds various exploration projects in Canada.

Its main exploration properties are LEWIS BROOK, OPIKEIGEN, SILVERJACK, TSN, MIMINISKA-KEEZHIK, COSTIGAN, NASH CREEK, NEPISIGUIT, CADMAN LAKE and RESERVE CREEK in Canada.

Slam Expl. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.2 millions, € 1.0 millions).

Its stock quote reached its highest recent level on May 27, 2005 at CA$ 9.90, and its lowest recent point on November 27, 2015 at CA$ 0.01.

Slam Expl. has 21 790 000 shares outstanding.

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Financings of Slam Exploration Ltd.
7/4/2013Closes First Tranche of Private Placement
6/3/2013Announces $800,000 Private Placement
11/20/2012Revises Private Placement to Raise $760K
10/31/2012Announces $1M Private Placement
Project news of Slam Exploration Ltd.
3/18/2015SLAM completes drilling program at Superjack
2/19/2015SLAM drilling program continues at Superjack
2/11/2015Slam launches Superjack drilling program
2/9/2015SLAM signs drilling contract for Superjack
2/18/2011(Silverjack)COMPLETES DRILLING AT SILVERJACK
1/21/2011(Reserve Creek)CUTS 19.7 M CORE INTERVAL GRADING 4.99 G/T GOLD
1/20/2011(Reserve Creek)CUTS 9.02 G/T GOLD OVER 15.1 M CORE INTERVAL
1/14/2011(Reserve Creek)CUTS 42.99 G/T GOLD OVER 1.0 M CORE INTERVAL
12/17/2010(Silverjack)DRILLING SOUTHWEST OF SILVERJACK
12/9/2010(Reserve Creek)DRILLS MORE INTERCEPTS AT RESERVE CREEK GOLD DEPOSIT
12/3/2010(Silverjack)DRILLING WIDESPREAD SILVERJACK MINERALIZATION
Corporate news of Slam Exploration Ltd.
7/26/2016SLAM Completes Private Placement
7/6/2016SLAM Acquires Lithium Property
6/29/2016SLAM To Receive Gold Mining Equipment On Schedule
6/1/2016SLAM Places Order for Gold Mining Equipment
5/18/2016SLAM Selling Base Metal Properties for Cash and Shares
4/14/2016IIROC Trading Resumption - SXL
4/14/2016SLAM Announces Gold Shaker Table Test Results
4/14/2016IIROC Trading Halt - SXL
3/7/2016SLAM Announces Gold Shaker Table Test Results
11/2/2015IIROC Trading Resumption - SXL
11/2/2015SLAM Signs $400,000 Agreement With MERC
11/2/2015IIROC Trading Halt - SXL
10/5/2015SLAM Receives Approval to Mine Gold With Bulk Sample
3/18/2015completes drilling program at Superjack
2/24/2015Slam announces $600,000 private placement
2/19/2015drilling program continues at Superjack
2/9/2015signs drilling contract for Superjack
10/31/2013Presenting at Exploration, Mining & Petroleum 2013 in Freder...
10/22/2013Digging Gold at Menneval
9/17/2013Digging for Gold at Menneval
8/6/2013Announces Change of Auditor
8/6/2013Announces Change of Auditor
7/25/2013Holds Annual and Special Meeting
3/27/2013Reports Successful Gold Liberation Tests
3/19/2013Drills 121 g/t Gold Over 0.31 m
3/13/2013Drills 22.97 g/t Gold Over 1.9 m
2/27/2013Reaching Out To 30,000 PDAC Delegates
2/11/2013Drilling Phase II Program on Gold Discovery
1/29/2013Announces Metallurgical Study on Maisie Zone
1/23/2013Presenting at Global Chinese Financial Forum
1/17/2013Reports 0.30 m Interval Grading 104 g/t Gold
1/10/2013s Diamond Drilling Program
1/4/2013s 47 Hole Diamond Drilling Program
1/2/2013Intersects Gold Bearing Quartz Vein in 3 Diamond Drill Holes
12/28/2012Expands Gold Zone With Additional Diamond Drill Holes
12/12/2012Diamond Drill Holes Hitting Gold Target
11/28/2012Raises $460K to Drill New Gold Discovery
11/14/2012Trenches More High Grade Gold
11/8/2012Team Members Receive Prospector of the Year Award for Gold D...
10/22/2012Assays Up to 1100 g/t Gold Over 1.1 Metre
10/22/2012Assays Up to 1100 g/t Gold Over 1.1 Metre
9/18/2012Presenting at CIM-NB Branch 37th Convention
9/13/2012Announces Grant of Stock Options
4/27/2011UPGRADES SILVER, LEAD, ZINC IN DEPOSIT
1/7/2011TO RESUME DRILLING FOR GOLD AT RESERVE CREEK
12/31/2010(angl) -SLAM ACQUIRING EXPERTISE TO BUILD A PRECIOUS METALS ...
12/2/2010 SLAM DRILLING FOR GOLD AT RESERVE CREEK/
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