SLAM Exploration Ltd. announced assays ranging up to 31.5 g/t gold from grab samples collected from a vein on the Shadow Lake gold project located 30 km west of Saint John, New Brunswick. SLAM acquired the Shadow Lake gold property after Company geologists reported the presence of visible gold in 2 grab samples collected from the LLP vein near the west end of the Property. These 2 samples returned assays of 31.50 g/t gold and 9.93 g/t gold respectively.

Previous workers reported a grab sample grading 54.9 g/t gold from this vein which was traced over a strike length of 150 metres. Previous workers reported 6 additional gold occurrences including a grab sample grading 70.4 g/t gold at a site 15 kilometres east of the LLP vein. Assays are pending on 14 samples collected from multiple sites during a second visit by SLAM?s advance scout team.

The Company has commissioned a soil geochemical survey on 2 grids to test the strike potential of these gold veins.