Slam Exploration Ltd. (SLMXF)

[gsfl]

SLAM DRILLING FOR GOLD AT RESERVE CREEK
Dec. 1, 2010 (Canada NewsWire Group) --
Drilling 15 m From Hole RS10-16 Core Interval Of 16.85 m Grading 16.45 g/t Gold

MIRAMICHI, NB, Dec. 1 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it has commenced drilling to test the extent of bonanza grade gold mineralization drilled in June at its wholly owned Reserve Creek project in the Fort Hope area of Ontario. The initial hole is collared 15 m east of hole RS10-16 from which SLAM reported a 16.85 m core interval grading 16.45 g/t gold with individual samples up to 274 g/t gold over 0.5 meters (news release 17 August 2010).

The drilling program is designed to expand the bonanza gold zone laterally by a series of 15 m step-outs and trace the bonanza zone along the 350 m strike length of mineralized, gold-bearing iron formation indicated by previous drilling. SLAM expects to complete the 12 hole, 2,000 m program in December and, with $4M in the treasury, plans an additional expanded program in 2011.

Reserve Creek gold mineralization is hosted within iron formations and mafic volcanics similar to the rocks hosting the historic Pickle Crow gold mine near Pickle Lake, Ontario. These volcano-sedimentary sequences are part of the Uchi Subprovince, a huge system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands hosting the world-famous Red Lake gold mining camp as well as the Pickle Lake and Fort Hope gold areas in Ontario.

Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities will be done in consultation with Eabametoong First Nation ("EFN") in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of the Fort Hope area.

About SLAM: SLAM is a mineral resource company based in Miramichi, New Brunswick and continues to be active in gold, silver and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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

[gsfl]

SLAM MOBILIZING TO DRILL RESERVE CREEK GOLD DEPOSIT
Nov. 26, 2010 (Canada NewsWire Group) --
Drilling Planned to Step Out From 16.85 m Core Interval Grading 16.45 g/t Gold

MIRAMICHI, NB, Nov. 26 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") is mobilizing a drill to complete a 2,000 m diamond drilling contract on its wholly owned Reserve Creek project in the Fort Hope area of Ontario. This program will comprise approximately 12 holes designed to test the extent of bonanza grade gold mineralization drilled in June. SLAM reported a 16.85 m core interval grading 16.45 g/t gold with individual samples up to 274 g/t gold over 0.5 metres in hole RS10-16 (news release 17 August 2010).

Drilling is expected to start on or about Tuesday, 30 November. The planned drilling program will be designed to expand the bonanza gold zone laterally by a series of 15 m step-outs. SLAM expects to trace the bonanza zone along the 350 metre strike length of mineralized, gold-bearing iron formation indicated by previous drilling.

Reserve Creek gold mineralization is hosted within iron formations and mafic volcanics similar to the rocks hosting the historic Pickle Crow gold mine near Pickle Lake, Ontario. These volcano-sedimentary sequences are part of the Uchi Subprovince, a huge system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands hosting the world-famous Red Lake gold mining camp as well as the Pickle Lake and Fort Hope gold areas in Ontario.

Michael R. Taylor, P.Geo. President and CEO of SLAM is the Qualified Person responsible for the technical information contained herein. The core intervals described are drilled intervals. True thicknesses are unknown. Reserve Creek drilling activities will be done in consultation with Eabametoong First Nation ("EFN") in accordance with a recently signed Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of the Fort Hope area.

About SLAM: SLAM is a mineral resource company based in Miramichi, New Brunswick and continues to be active in gold, silver and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.

[gsfl]

I am not a chart master but looking at the 1 year chart the trend is up. I am not a trader so I don't use monthly or weekly charts. I try and pick a good entry point with a target price in mind and I wait. Once I double I sell half and hold. Building a portfolio of free shares from several companies. There is nothing wrong with having a buy set at .10 but I would also have a buy set incase the stock begins to move up on you.

Looking at the chart I see .14 or .15 as the bottom of this move. As soon as Gold heads north again so will SLAM. I have been adding to my shares here.

With gold heading higher today, King World News interviewed legendary trader Jim Sinclair. When asked about the action in gold Sinclair stated, “We have to be right in front of a major move in gold. Today the gold market had all of the indications of what would be considered by the old-time traders (Bert Seligman & Jesse Livermore) as a major turn. This would be a sign to them that the bulls are gaining strength in the market, and given any excuse it will rise violently.”
November 18, 2010



Sinclair continues:

“The strategy now would not be to run after spikes and strength, but to begin to take in those periods which will certainly come, of weakness that exist during the day. This is really the first time since we came off of the high, that it’s starting to show a character of wanting to make a new high.

The chorus of complaints about the Fed and their adoption of QE, I call that the backfire of MOPE. You have so many of the new guys convinced that yes, the economy is recovering but not really that fast, and there is no inflation anywhere. Then why in the world is Bernanke going to a $600 billion project which is a rescue plan that comes up during a period of crisis? They can’t understand it.

The other thing is the belief that the financial institutions balance sheets have made such great progress. The bottom line is he (Bernanke) sees what they don’t see. The stumped recovery we’ve had is in fact an economy headed down.

Getting back to gold, this is late 1979. It’s got all of the characteristics of late 1979. If people will go back and look at the long chart they’ll see that there was one violent flip right before it took off and never looked back. And it’s getting very close to that point now. I think what you have seen is a major shake of the tree right before gold takes off.”

Have you buy at .10 waiting but don't get caught having to chase the price higher.

[jojoba]

I got a nice swing trade out of SXL on the uptrend, and I'm looking for a new entry. I see SXL traded at 0.10 back in September and it is still in a downtrend, that's why I choose this as a safe entry.

If you think 0.10 may be out of reach, which is in your opinion a good entry price for SXL? Thanks.

[gsfl]

Good luck on that.

[gsfl]

SLAM EXTENDING SILVERJACK MINERALIZATION
Drilling northeast of high grade intercepts; Property expanded by staking
MIRAMICHI, NB, Nov. 18 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces visual drilling results extending the mineralized zone on its Silverjack property in New Brunswick. The first 7 holes all intersected lead, zinc and/or copper mineralization over core intervals ranging from 0.5 m to 10.0 m at depths ranging from 30 to 70 metres. These holes are stepping northeast of high grade intercepts drilled in a 20 hole program completed last winter.

The most significant new interval is in hole SJ1026 with visible copper-lead-zinc mineralization over a 10 m core length at a depth of 46 m hosted within altered limestone. This hole is 50 m northeast of hole SJ0914 which intersected 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over a core interval of 0.75 m within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.

SLAM continues drilling 20 meter step-outs to potentially expand the deposit toward the Knowles vein 100 meters along strike to the northeast. The Knowles vein comprises high grade silver-lead-zinc-copper veins discovered in 1956. Records indicate a forty foot shaft was sunk in 1966 to explore the Knowles vein. A 17 ton hand-sorted bulk sample removed in 1975 returned 51.05 oz/ton (1750.3 g/t) silver with 14.3% lead and 10.2% copper.

SLAM staked an additional 97 claim units to the northeast to cover 2425 hectares of highly prospective folded limestone sequences similar to those hosting the Silverjack. The expanded property comprises 160 wholly owned mineral claims plus 13 claims under option for a total of 3715 hectares. This property now stretches within 4 kilometres of the Belledune smelter and seaport. It also is adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.

The Company expects to complete this 3,000 m phase of drilling on or about 15 December, 2010. To support the drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.

Derek F. Brown, P.Geo. and consultant to SLAM, is the Qualified Person responsible for the technical information contained herein. The lengths tabulated above are measured core intervals in metres. The true thicknesses are unknown. Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were split and one half sent to Activation Laboratories. Activation Labs analyzed the samples using code 8AR for silver, copper, zinc, lead and code Ultratrace 2 for multi- elements. The Company used blank and standard samples for quality assurance and control.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com. On behalf of the Board
Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E

[jojoba]

I shall wait for the 10 cents safe entry.

[gsfl]

At the current time their drilling is to expand what they already know. So, every hole they drill finding PM's is great news. The general market doesn't understand because they are uneducated and if they do not see results they understand like 6g/au per ton they don't have a clue what the results say.

On the flip side those who do understand are accumulating shares. The fact that they are having no problem getting big investors involved should tell the market something.

My target price on this is .30 by march. That is conservative.

SLAM announced that one of its major shareholders, Pinetree Capital Ltd., had acquired an additional 5,000,000 SXL shares along with 5,000,000 common share purchase warrants via a private placement on September 23. The private placement raised a total of $2,263,900, with the proceeds earmarked mainly to fund drilling and other exploration activities on SLAM's wholly owned Reserve Creek gold project in Ontario and on the Silverjack project in New Brunswick.

With more than $2.2M now added to its cash resources, SLAM has more than sufficient funds to cover the cost of its recently announced drill programs at Reserve Creek and Silverjack. With the seasonal shutdown of exploration now in effect in Ontario, the exploration focus and. . .any potential for a near-term valuation catalyst will now focus on Silverjack. Should the additional drilling there confirm the high lead and zinc grades revealed by earlier trenching, it would allow SLAM to develop a new combined resource estimate encompassing both Silverjack and the adjacent Nash Creek deposit for which a 9 Mt. NI 43-101-compliant resource estimate already exists. A total reserve estimate in the 15–20 Mt. range, with an average zinc grade in the 6%–8% range, could have sufficient commercial prospects to be of potential interest to Xstrata Zinc whose nearby Brunswick zinc mine is due to exhaust its existing reserves sometime in 2011."

[jojoba]

Can you explain the results? From the market reaction I understand they are not as good.

[gsfl]

SLAM DRILLING SULPHIDES AT SILVERJACK
Drilling sulphides northeast of previous high grade silver-copper-lead-zinc intercepts
MIRAMICHI, NB, Nov. 11 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it has completed the first 4 holes on its Silverjack property in New Brunswick and has intersected sulphide mineralization over core intervals ranging from 0.5m to 7.0 m in all 4 holes. The most significant interval is in hole SJ1024 with a 7 m interval of copper-lead-zinc mineralization at a depth of 53m within altered limestone. This hole is 30 m northeast of hole SJ0914 which intersected 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over a core interval of 0.75m. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.

The drill is currently turning on hole SJ1025 collared 20 m northeast of hole SJ1024. SLAM expects to continue stepping out and potentially expand the deposit in this direction toward the Knowles vein 140m along strike to the northeast. The Knowles vein comprises high grade silver-lead-zinc-copper veins discovered in 1956. Records indicate a forty foot shaft was sunk in 1966 to explore the discovery vein. A 17 ton hand-sorted bulk sample removed from an open pit in 1975 returned 51.05 oz/ton (1750.3 g/t) silver with 14.3% lead and 10.2% copper.

Mike Taylor states, "SLAM is drilling sulphide mineralization northeast from spectacular silver intercepts drilled at Silverjack last winter. The current program is already expanding our knowledge of the deposit and directing us to continue stepping out to the northeast."

To support the drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.

Derek F. Brown, P.Geo. and consultant to SLAM, is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.

SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.
Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com.

[jojoba]

The opportunity to buy again at 0.175 present itself today. Do I want to try again another swing trade to 0.20?

I would, but I don't understand the latest news.

GSFL, can you tell me if yesterday news is good or bad?

Thank you

Jojoba

[jojoba]

SXL is the 3rd stock mentioned: http://us1.campaign-archive.com/?u=4d6d491aea8e01d93d8a1f390&id=cbe779bcb7

[jojoba]

Good move indeed, SXL is now up to 0.20. I shall buy more.

[gsfl]

SLAM ARRANGES $1M NON-BROKERED FINANCING
Significant Funds For Drilling; Current Focus on The Silverjack and The Reserve Creek Bonanza Gold Deposit
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
MIRAMICHI, NB, Nov. 5 /CNW/ - SLAM Exploration Ltd. (TSX-V: SXL) ("SLAM") announces it has arranged a non-brokered private placement to raise $1,000,000 of 4,762,000 flow-through units (FT Units) at a price of $0.21 per FT Unit. Each FT Unit will consist of one flow-through common share and 1/2 common share warrant ("Warrant"). Each full Warrant will entitle the holder to acquire one non-flow-through common share at a price of $0.25 per share for a period of 12 months and at a price of $0.40 for an additional 12 months, expiring 24 months after issuance. The private placement remains subject to final approval of the TSX Venture Exchange.
Proceeds of the private placement will be used mainly to fund drilling and related activities on SLAM's exploration projects in Canada. The current focus is on the the Reserve Creek gold project and the Silverjack project where drilling is underway to test for extensions to high grade silver-copper-lead-zinc intercepts SLAM reported by news release 16 February 2010. Drilling is also planned on the Reserve Creek gold project in Ontario where SLAM recently drilled bonanza gold grades over significant core lengths (SLAM news release 17 August 2010).
SLAM is a mineral resource company based in Miramichi, New Brunswick. The Company is very active in gold, silver and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.

[gsfl]

Welcome. Good move.

[gsfl]

SLAM ARRANGES $1M NON-BROKERED FINANCING
Nov. 5, 2010 (Canada NewsWire Group) --
Significant Funds For Drilling; Current Focus on The Silverjack and The Reserve Creek Bonanza Gold Deposit

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

MIRAMICHI, NB, Nov. 5 /CNW/ - SLAM Exploration Ltd. (TSX-V: SXL) ("SLAM") announces it has arranged a non-brokered private placement to raise $1,000,000 of 4,762,000 flow-through units (FT Units) at a price of $0.21 per FT Unit. Each FT Unit will consist of one flow-through common share and 1/2 common share warrant ("Warrant"). Each full Warrant will entitle the holder to acquire one non-flow-through common share at a price of $0.25 per share for a period of 12 months and at a price of $0.40 for an additional 12 months, expiring 24 months after issuance. The private placement remains subject to final approval of the TSX Venture Exchange.

Proceeds of the private placement will be used mainly to fund drilling and related activities on SLAM's exploration projects in Canada. The current focus is on the the Reserve Creek gold project and the Silverjack project where drilling is underway to test for extensions to high grade silver-copper-lead-zinc intercepts SLAM reported by news release 16 February 2010. Drilling is also planned on the Reserve Creek gold project in Ontario where SLAM recently drilled bonanza gold grades over significant core lengths (SLAM news release 17 August 2010).

SLAM is a mineral resource company based in Miramichi, New Brunswick. The Company is very active in gold, silver and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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

[jojoba]

New here, bought today at .17.

I like analysts target price of .33 and the financing at .21 when market price at .17. Makes you feel like getting a much better deal than the big investors.

Check the link:
http://www.stockmarketsreview.com/news/slam_exploration_ltd_research_and_analysis_20101029_53018/

[gsfl]

SLAM MOBILIZING DRILL TO SILVERJACK

Drilling to test high grade silver- copper-lead-zinc deposit
MIRAMICHI, NB, Nov. 2 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces it is mobilizing a drill to its Silverjack property in New Brunswick and expects to start producing core by Wednesday. The primary target is the historic Silverjack deposit where SLAM previously drilled high grade core intervals ranging up to 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.
The drilling program will expand southward to test for potential extensions along SLAM's airborne VTEM conductor extending from the Silverjack deposit. Targets include lead and zinc mineralization associated with this conductor and a copper-silver-cobalt vein uncovered by the trenching
program.

Mike Taylor states, "SLAM drilled spectacular silver intercepts at Silverjack last winter. Drilling will test for extensions as well as widespread lead-zinc mineralization and a new high grade copper-silver-cobalt vein discovered by the 2010 trenching program."
To support the drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
Derek F. Brown, P.Geo. and consultant to SLAM, is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new-brunswick/silverjack.

SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.

Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com. On behalf of the Board

Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E

[gsfl]

eResearch (10/27/2010)
"SLAM announced that one of its major shareholders, Pinetree Capital Ltd., had acquired an additional 5,000,000 SXL shares along with 5,000,000 common share purchase warrants via a private placement on September 23. The private placement raised a total of $2,263,900, with the proceeds earmarked mainly to fund drilling and other exploration activities on SLAM's wholly owned Reserve Creek gold project in Ontario and on the Silverjack project in New Brunswick.

With more than $2.2M now added to its cash resources, SLAM has more than sufficient funds to cover the cost of its recently announced drill programs at Reserve Creek and Silverjack. With the seasonal shutdown of exploration now in effect in Ontario, the exploration focus and. . .any potential for a near-term valuation catalyst will now focus on Silverjack. Should the additional drilling there confirm the high lead and zinc grades revealed by earlier trenching, it would allow SLAM to develop a new combined resource estimate encompassing both Silverjack and the adjacent Nash Creek deposit for which a 9 Mt. NI 43-101-compliant resource estimate already exists. A total reserve estimate in the 15–20 Mt. range, with an average zinc grade in the 6%–8% range, could have sufficient commercial prospects to be of potential interest to Xstrata Zinc whose nearby Brunswick zinc mine is due to exhaust its existing reserves sometime in 2011."

[gsfl]

SLAM DELIVERS ASSAY RESULTS FROM SILVERJACK

Newly discovered high grade copper vein with silver and cobalt

MIRAMICHI, NB, Oct. 28 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces initial trenching results from its Silverjack property in New Brunswick. Eight grab samples from trench TR10-03 returned values ranging up to 8.0 % copper, 86 g/t silver, 1480 ppm cobalt, 1.82 ppm indium and 222 ppb gold. This new copper vein was discovered during the summer by SLAM's exploration team and excavated over a strike length of 80 m by trench TR10-03. The vein ranges up to 30 cm wide and is open along strike and at depth.

Trench TR10-01 uncovered 4 mineralized zones ranging from 2 to 5 m wide. Four grab samples representing 4 separate zones range from 0.63 to 3.93 % zinc and 0.85 to 6.01 % lead. Trench 1 is located 1,000 m south of the Silverjack. The new copper discovery in trench 3 is located 1,000 m south of Silverjack and 350 m west of trench 1. Assays are pending on 22 samples from 8 additional trenches including a similar copper vein flanking trench 3 to the north.
The rocks in these trenches are similar to those hosting the Silverjack deposit. SLAM previously drilled high grade core intervals ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m at Silverjack. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver (7.82 oz/ton), 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.

President and CEO, Mike Taylor states, "Trenching indicates the presence of widespread mineralization and suggests an extensive mineralized system trending at least 1,600 m south from the Silverjack. While silver remains the primary target, we are intrigued with the presence of high grade copper and cobalt and will further investigate the potential of the new discovery vein."
SLAM is finalizing the drilling contract and expects to mobilize a drill on Tuesday, November 2nd. The primary objective of the drilling program is to extend the Silverjack deposit. The drilling program will explore for potential extensions along an airborne VLF-EM conductor which extends south from the Silverjack deposit for a strike length of 2200 meters. Significant lead and zinc mineralization was uncovered by the trenching program along this conductor.

To support the trenching and subsequent drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.

Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new- brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.

Additional information about SLAM can be viewed at http://www.slamexploration.com as well at www.sedar.com. On behalf of the Board
Mike Taylor, P. Geo. President & CEO SLAM Exploration Ltd. SEDAR: 00012459E

[gsfl]

SLAM TO MOBILIZE FOR DRILLING AT SILVERJACK
Testing for extensions to high grade silver-copper-zinc-lead deposit.
MIRAMICHI, NB, Oct. 22 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") has signed an agreement to complete up to 3,000 metres of diamond drilling on its Silverjack project in New Brunswick. SLAM expects to start drilling on the first week of November to follow a very successful trenching program which unearthed widespread sulphide mineralization this fall. SLAM has completed approximately 2,800 m of trenching in 8 trenches with zinc, lead and, or copper mineralization uncovered in all 8 trenches.
The primary objective of the drilling program is to extend the Silverjack deposit where SLAM previously drilled high grade core intervals ranging up to 653 g/t silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver, 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010. The drilling program will further test this zone and for potential extensions along an airborne VLF-EM conductor which extends south from the Silverjack deposit for a strike length of 2200 meters. Significant lead and zinc mineralization was uncovered by the trenching program along this conductor.
The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
The Company is also making preparation for drilling at Reserve Creek. President & CEO Mike Taylor recently visited Fort Hope, Ontario and noted that the fall freeze-up is just starting. This freeze-up period can cause delays and low productivity especially when the short hours of daylight combine with inclement weather. The Company has decided to postpone drilling and related activities until after freeze-up and winter climate conditions have stabilized.
President and CEO, Mike Taylor states, "We will take advantage of the later fall season in New Brunswick and drill Silverjack where drilling produced spectacular results early this year. The drilling program will test the deposit along with possible extensions along a VLF conductor that extends 2200 m south from the Silverjack deposit. Trenching already indicates the presence of widespread mineralization associated with this conductor and suggests an extensive mineralized system at Silverjack."
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new- brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.

[gsfl]

SLAM TRENCHING WIDESPREAD MINERALIZATION AT SILVERJACK
Testing VLF trend along strike from high grade silver-copper-zinc-lead deposit.
MIRAMICHI, NB, Oct. 19 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL) ("SLAM") announces additional indications of widespread sulphide mineralization at its Silverjack property in New Brunswick. SLAM has completed approximately 1200 m of trenching in 7 trenches. All 7 have uncovered zinc, lead and, or copper mineralization.
Six of the trenches have exposed lead and zinc mineralization over a strike length of 600 m. Coarse grained lead and zinc mineralization occur as disseminations and stockworks with up to 4 discrete mineralized horizons ranging from 0.5m to 5m in width within altered limestone. This unit is very similar to the rocks hosting the Silverjack deposit located roughly 1,000 m along strike to the north.
The mineralization in these trenches is spatially associated with an airborne VLF-EM anomaly extending from Silverjack through the trench area and an additional 700 metres south of the trenches for a potential strike length of 2,200 metres. The trenching program will continue to test this VLF trend and associated soil anomalies.
Trench TR10-03 was excavated 300 m west of the main trench area to test a new copper occurrence that had been recently discovered by SLAM's exploration team. This trench uncovered a vein with copper mineralization ranging from 5 to 20 cm wide over a strike length of 80 m associated with conglomerate, limestone and chert. The Company has shipped a total of 24 grab samples from the first 6 trenches. These will be analyzed for copper, lead, zinc and silver as well as other elements.
The rocks in these trenches are similar to those hosting the Silverjack deposit where SLAM previously drilled high grade core intervals ranging up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 2.00% zinc and 2.34% lead over 0.75m at Silverjack. This high grade sample occurs within a 6.6 m interval grading 268.20 g/t silver (7.82 oz/ton), 1.27 % copper, 5.65% zinc and 4.53% lead as announced by press release 16 February 2010.
SLAM expects to follow up the trenching with a drilling program in early November. To support the trenching and subsequent drilling program, the Company has been awarded a provincial grant of $35,000 under the New Brunswick Junior Mining Assistance Program. The Silverjack property comprises 63 wholly owned mineral claims plus 13 claims under option for a total of 1290 hectares. This property is located 12 kilometres southwest of the Belledune smelter and seaport and adjacent to SLAM's Nash Creek property comprised of 406 mineral claims covering 6,496 hectares.
President and CEO, Mike Taylor states, "The primary target of this program is a VLF anomaly extending 2200 m south along strike from the Silverjack. The trenches are uncovering copper lead and zinc mineralization along this VLF trend. Trenching is expected to conclude around the end of October to be followed by a drilling program later this year. Preparations are also being made for drilling on our Reserve Creek gold deposit with mobilization scheduled for 25 October."
Michael R. Taylor, P.Geo. President and CEO of SLAM Exploration Ltd. is the Qualified Person responsible for the technical information contained herein. Additional information about Silverjack can be viewed at: www.slamresources.com/projects/new- brunswick/silverjack.
SLAM is a mineral resource company based in Miramichi, New Brunswick. SLAM continues to be active in gold and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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.

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SLAM BUILDING ROAD TO ACCESS BONANZA GOLD DEPOSIT
In Preparation For Planned Drilling to Step Out From 16.85 m Core Interval Grading 16.45 g/t Gold
FOR IMMEDIATE RELEASE
15 OCTOBER 2010
Miramichi, New Brunswick - SLAM Exploration Ltd. (TSX-V:SXL) (“SLAM”) announces it has started work on a road from the community of Fort Hope to its wholly owned Reserve Creek gold project in Ontario. Eabametoong First Nation will complete this work on a contract basis. This road will provide access to the Reserve Creek deposit where SLAM drilled bonanza grade gold intercepts early this summer.
Road access to this property will allow future drilling programs with much greater efficiency than previous programs where access has been solely by helicopter. The Company is working together with Eabametoong First Nation crews to design and maintain this road. Construction began October 13th and is expected to be completed within a two week time frame.
The Company has signed a diamond drilling contract for a 2,000m program now expected to start October 25. This helicopter-supported program will comprise approximately 15 holes designed to test the extent of bonanza grade gold mineralization drilled in June. SLAM reported a 16.85 m core interval grading 16.45 g/t gold (55.3 feet grading 0.48 oz/ton) with individual samples up to 274 g/t gold over 0.5 metres (7.99 oz/ton over 1.6 feet) in hole RS10-16 (news release 17 August 2010).
The planned drilling program is designed to expand the bonanza gold zone laterally by a series of 15m and 30m step-outs. SLAM expects to trace the bonanza zone along the 350 metre strike length of known gold-bearing iron formation indicated by previous drilling.
Reserve Creek gold mineralization is hosted within iron formations and mafic volcanics similar to the rocks hosting the historic Pickle Crow gold mine near Pickle Lake, Ontario. These volcano- sedimentary sequences are part of the Uchi Subprovince, a huge system of greenstone belts extending from Lake Winnipeg to the Hudson Bay lowlands hosting the world-famous Red Lake gold mining camp as well as the Pickle Lake and Fort Hope gold areas in Ontario.
President and CEO, Mike Taylor will be in Fort Hope this week to meet with the Eabametoong First Nation council and to hold an open house for the community. The open house will provide the EFN community an opportunity to meet with him in person and discuss plans for future work and community involvement in SLAM activities. It will include a presentation on the results of the highly successful June drilling campaign when SLAM drilled 10 holes on 4 separate projects in the Fort Hope area. All 10 holes intersected significant gold mineralization culminating in the bonanza grades in hole RS10-16 described above.

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Additional Mineralization at Silverjack

http://www.slamresources.com/PDF/SLAM-10-Oct08_Silverjack.pdf

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300% in a couple of months time. That is flying to me. :)

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300% and rising.

We are almost at my target price of .30 which I didn't think we would hit until the end of the year. I hate being wrong.

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Slow and steady wins the race. I like what I am seeing.

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Company Web Site:

http://www.slamresources.com

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Financials as of 9-31-10:

http://www.sedar.com/CheckCode.do;jsessionid=0000026YG_RW5-sJjhhxL84jgCs:-1

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LIST OF THEIR "1066" CLAIMS:

The Company acquired an additiona 130% interest and stake and additional 17 claims to own 100% interest in 40 mineral claims covering 8,000 hectares in the Miminiska–Keezhik Lake area and located within the Traditional Territories claimed by Eabametoong First Nation ("EFN").

Province of Ontario
Miminiska – Keezhik Lake Gold Project

Province of New Brunswick
SLAM Exploration Ltd.
Notes to the Interim Financial Statements
(Unaudited)
31 July 2010
Mineral properties
The company holds 100% interest in 367 claims for a total of 5,926 hectares.

Nash Creek Zinc-Lead-Silver Project
The Company holds a 100% interest in 411 mineral claims covering 6,576 hectares.

Nepisiguit Zinc-Lead-Silver Project
The Company holds a 100% interest in 20 mineral claims covering 320 hectares.

Silverjack Silver-Copper-Lead-Zinc Project
The Company owns 100% interest in 63 claims and holds options on 13 claims(3 claims with Northeast Exploration and 10 claims with Clovis Godin)for a total of 1,315 hectares. For the 3-claim option, SLAM must complete staged payments for a total of $40,000 CAD (first payment on 1 November 2010)and 250,000(30,000 issued on 1 November 2009)shares over a 4 year period to earn 100% interest subject to a 2% NetSmelter Return("NSR").SLAM may purchase one-half of the NSR at any time for a cash payment of $750,000 and holds right of first refusal on remaining 1%NSR.For the 10 claim option,SLAM must complete stage payments for a total of $55,000 CAD(first payment on 08March 2011)and 430,000 shares($50,000 payable on signing)over a 4 year period to earn 100% interest subject to a 1.5% NSR.SLAM may purchase two-thirds of the NSR at any time for a cash payment of $1,000,000 and holds right of first refusal on the remaining 0.5% NSR.

Costigan Zinc-Lead-Silver Project
The Company owns a 100% interest in 24 claims covering 384 hectares,subject to a 1% net smelter return payable to the optionors.

TSN Copper-Zinc-Lead-Silver Project
Mann Brook Silver ProjectThe Company holds a 100% interest in 18 mineral claims covering 450 hectares.
The Company holds a 100% interest in 46 claims covering 736 hectares,subject to a 2% net smelter return on gold and silver and a 1% net smelter return on base metals.
Hayden Brook Zinc-Lead-Silver Project

Opikeigen Lake Gold Project
The Company holds a 50%interest in 38 mineral claims registered to SLAM and covering 4,144 hectares in northwest Ontario in joint ownership with Beatrix Ventures Ltd.("Beatrix")of Vancouver,British Columblia.Beatrix is a new company recently spun out of Bard Ventures Ltd. The claims are located within the Traditional Territories of EFN.
Reserve Creek Gold Project
The Companyholds a 100%interest in 22 mineral claims covering 4,608 hectares and located within the Traditional Territories of EFN.

Other Significant Properties:
A'hearn-Strachens,GravelHill,LewisBrook,KennyLake,
MannBrookandForty-Milehavedemonstratedmineralpotential and, pending financing, may be included in future work plans for the Province of New Brunswick.

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this looks really good on paper , where is all the action at?
needs some momo to get this flying!!!

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On The Wires-9/29/10 10.35am Slam Exploration SXL.V upgraded to "Focus List Buy" at UBS Securities, drilling starting at reserve creek and trenching at silverjack, it doesn't get any better than that, target price of .50cdn... end of story

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very interesting, anyone versed on the details of this company and the credentials of the CEO? How many employees?

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News release via Canada NewsWire, Halifax 902-422-1411
Attention Business/Financial Editors: SLAM RECEIVES ADDITIONAL INVESTMENT SUPPORT FROM PINETREE CAPITAL
Funding To Drill Bonanza Grade Gold Deposit At Reserve Creek
MIRAMICHI, NB, Sept. 30 /CNW/ - SLAM Exploration Ltd. (TSX-V: SXL) pleased to announce that one of its major shareholders, Pinetree (TSX-PNP) ("Pinetree") has demonstrated continued support for SLAM ownership of an additional 5,000,000 common shares ("Common
("SLAM") is Capital Ltd by acquired Shares") and 5,000,000 common share purchase warrants (the "Warrants") through participation in the private placement announced by SLAM in a news release on 23 September 2010. Pinetree reports it now holds 17% of SLAM shares on a partially diluted basis.
SLAM is encouraged by the support from Pinetree and other participants in the private placement which raised a total of $2,263,900. The majority of proceeds from the private placement will be used for the Reserve Creek gold deposit where SLAM expects to start drilling on or about 15 October 2010. The drilling program will step out from intercepts recently drilled at SLAM's wholly owned Reserve Creek gold deposit as reported by news release on 17 August, 2010. Highlights include a 16.85 m core interval grading 16.45 g/t gold with individual samples ranging up to 274 g/t gold over 0.5 m. More information about Reserve Creek including maps can be viewed at this site: http://www.slamresources.com/projects/ontario/reserve-creek-gold/.
Pinetree describes its significant position in a news release on 29 September, 2010 as follows: "As a result of this transaction, Pinetree held, as at September 28, 2010, an aggregate of 18,235,500 common shares of SLAM, including the Common Shares and rights to acquire an additional 9,350,000 common shares of SLAM upon exercise of certain convertible securities (the "Convertible Securities") including the Warrants. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree represents a total of 27,585,500 common shares of SLAM, or approximately 17.0% of all issued and outstanding common shares as at September 28, 2010, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. This transaction was made for investment purposes and Pinetree could increase or decrease its investment in SLAM depending on market conditions or any other relevant factor."
About Pinetree:
Pinetree Capital Ltd. ("Pinetree") was incorporated under the laws of the Province of Ontario and its shares are publicly-traded on the Toronto Stock Exchange ("TSX") under the symbol "PNP". Pinetree is a diversified investment and merchant banking firm focused on the small cap market. Pinetree's investments are primarily in the resources sector: Uranium and Coal, Oil & Gas, Precious Metals, Base Metals and Potash, Lithium and Rare Earths.
SLAM also announces it has issued 100,000 options to an employee to purchase 100,000 common shares with an exercise price of $0.13 expiring on 28 September 2015.
SLAM is a mineral resource company based in Miramichi, New Brunswick. The Company continues to be active in gold, silver and base metal exploration in Ontario and New Brunswick. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at 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 >>
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.
%SEDAR: 00012459E
/For further information: Corporate Inquiries: Mike Taylor, President & CEO, 506-627-1353, Toll Free: 866-523-6719, miketaylor(at)SLAMexploration.com/
(SXL.) CO: SLAM EXPLORATION LTD.
CNW 15:47e 30-SEP-10

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100% gain and going up.

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274g/t Au


Canadian Mining Journal (08/18/10)

"274 g/t—Slam Exploration reported this bonanza grade over 0.5m at its Reserve Creek project near Fort Hope, Ontario. The longest and strongest intersection was 47.5m grading 6.6 g/t Au."

Bob Weir, eResearch (08/16/10)

"SLAM [and] 50/50 JV partner Beatrix Ventures on the Opikeigen gold property. . .reported, on July 26, on gold assays received for three of the four diamond drill holes completed on Zone 12. . .[which] tested gold mineralization over a 40m strike length to the west and east of high-grade intercepts in Hole OL87-46. Hole 46 had intersected mineralized sections of 113.57 g/t gold over 0.1m and 49.66 g/t gold over 0.2m, reported to contain visible gold within a core interval grading 6.22 g/t gold over 7m.

SLAM announced a 16.85m interval grading 16.45 g/t gold from Hole RS10-16 at its wholly owned Reserve Creek project. The interval is included within a 47.5m core interval grading 6.58 g/t gold. . .SLAM also intends to drill at its Silverjack property adjacent to its Nash Creek property. Nash Creek has an established NI 43-101 compliant lead/zinc/silver resource currently standing at 9 Mts. (indicated & inferred). Any expansion of this resource could trigger interest from Xstrata, which operates the BMS 12 mine nearby. Xstrata is in need of smelter supply, as BMS 12 is projected to shut in 2011 due to ore depletion."

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News Out. . .

TORONTO, Canada (September 29, 2010) Pinetree Capital Ltd. (TSX: PNP), announces that on September 28, 2010, it acquired ownership of 5,000,000 common shares (“Common Shares”) and 5,000,000 common share purchase warrants (the “Warrants”) of Slam Exploration Ltd. (“Slam”). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.15 until September 23, 2011, and thereafter until September 23, 2012, at a price of $0.25 per common share. In the event that the Warrants are fully exercised, these holdings represent approximately 6.3% of the total issued and outstanding common shares of Slam as of September 28, 2010, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree held, as at September 28, 2010, an aggregate of 18,235,500 common shares of Slam, including the Common Shares and rights to acquire an additional 9,350,000 common shares of Slam upon exercise of certain convertible securities (the “Convertible Securities”) including the Warrants. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree represents a total of 27,585,500 common shares of Slam, or approximately 17.0% of all issued and outstanding common shares as at September 28, 2010, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only.
This transaction was made for investment purposes and Pinetree could increase or decrease its investment in Slam depending on market conditions or any other relevant factor.

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"With the recently announced flow-through fundings, SLAM should have sufficient cash resources to cover the cost of the recently announced 2,000m drilling program at Reserve Creek, as well as the earlier declared 3,000m drilling and trenching program on the Silverjack property in New Brunswick.

In February 2010, SLAM reported high-grade drilling results, ranging up to 653 g/t (19.05 oz./ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead at Silverjack. This property is adjacent to SLAM's Nash Creek property, which hosts an Indicated Resource of 468 Mlb. zinc, 95 Mlb. lead and 4.6 Moz. silver, plus an Inferred Resource of 71 Mt. zinc. Should further drilling at Silverjack allow the combined resource estimate for both properties (Silverjack and Nash Creek) to be raised, this could set the stage for potential commercial development. Further drilling on the Reserve Creek gold property also increases the likelihood of a resource estimate being declared there—an outcome that, recently, drew the attention of two new shareholders, both of whom have an extensive history in investing in, and funding, prospective PM companies in Canada. . .We continue to recommend the shares of SLAM Exploration Ltd. as a Speculative Buy for long-term, risk-tolerant investors."