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Widespread Copper, Lead, Zinc and Silver Mineralization


MIRAMICHI, NB, Feb. 18 /CNW/ - SLAM Exploration Ltd. (TSX-V:SXL)
("SLAM") announces it has completed a drilling program on its
Silverjack property in New Brunswick with a total of 2884m drilled in
22 holes. After Silverjack the drill was moved to Nash Creek.


The final 2 holes at Silverjack were SJ11-41 and 42 drilled near the
Doyle copper-silver occurrence. SJ11-41 intersected 4 zones containing
sulphides and copper mineralization over drill core intervals ranging
from 0.3 to 1.33m, the latter at a depth of 108.1m. Assays are pending
on these copper intercepts. This hole is beneath a trench dug by
previous workers. During the 2010 prospecting program, SLAM collected 2
grab samples from rubble beside the trench that assayed 8.67% copper
with 171 g/t silver and 4.99 % copper with 150 g/t silver respectively.


A 2500m long aeromagnetic trend is associated with this copper zone. It
occurs within sediments and limestones similar to the Silverjack
deposit 1,000m to the east where SLAM previously 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 (news release 16 February, 2010). Both
the Doyle and Silverjack zones are historic occurrences acquired
through agreements with prospectors.


Holes SJ10-32 to SJ11-38 were drilled to test for potential extensions
up to 1600m south of the Silverjack zone. These holes intersected
limestones and sediments with local zones of lead-zinc mineralization.
The most significant intercepts were in hole SJ11-38 with individual
samples ranging up to 12.36% lead-zinc over 0.3m and anomalous
intervals up to 0.75% lead-zinc over 18.7m. Holes SJ11-35, 39 and 40
tested a copper occurrence discovered in the 2010 prospecting program.
Hole SJ11-35 intersected 5.23% copper, 42 g/t silver and 1330 g/t
cobalt over 0.3m.


The significant grades combined with multiple occurrences over a large
area suggest the presence of a large scale mineralized system. The
Company plans additional trenching and drilling in 2011 to test for
extensions to high grade silver, copper, lead and zinc mineralization
at both the Silverjack and Doyle occurrences.


Mike Taylor, P.Geo. President & CEO is the Qualified Person responsible
for the technical information contained herein. Drill cores were
delivered from the drill to a secure site for logging and sampling.
Selected drill cores were split or sawn 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 on
selected samples. The Company used blank and standard samples for
quality assurance and control.


About Silverjack:

The recently expanded Silverjack property comprises 160 wholly owned
mineral claims plus 13 claims under option for a total of 3715
hectares. The property is 4 kilometres from the Belledune smelter and
seaport and is adjacent to SLAM's Nash Creek property comprised of 406
mineral claims covering 6,496 hectares. The Company has been awarded a
provincial grant of $35,000 under the New Brunswick Junior Mining
Assistance Program to support this drilling program. Additional
information about Silverjack can be viewed at: >www.slamexploration.com or from SEDAR filings at >www.sedar.com for
further information.




For further information:

SLAM Exploration Ltd. Brian Jones, Investor Relations; Toronto: 647-729-1436 info@slamexploration.com