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Additional work planned in 2011


MIRAMICHI, NB, March 17 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL)
("SLAM") announces results from its recently completed drilling program
on its Silverjack property in New Brunswick. The final target was the
Doyle copper-silver zone where hole SJ11-41 intersected a 1.33m
interval grading 2.33% copper and 43 g/t silver at a depth of 108.1m.
This was flanked by an interval at 64.47m containing 1.0% copper and 13
g/t silver over 0.6m and by an interval at 6.6m containing 1.32% copper
and 54 g/t silver over 0.55m.


The Doyle copper-silver zone is hosted within sediments and limestones
similar to the high grade Silverjack deposit 1,000m to the east. 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) at Silverjack.


SLAM drilled 2884m in a 22 hole program begun in the fall of 2010. In
addition to hole SJ11-41 beneath the Doyle zone, this program included
14 holes in proximity to the Silverjack deposit. These holes define the
near surface Silverjack zone over a strike length of 200m. An
additional 7 holes drilled on a variety of geochemical and geophysical
targets indicate the widespread presence of copper, silver, lead and/or
zinc mineralization to the south and west of Silverjack. The Company
plans additional work in 2011 to test for extensions to the Silverjack
copper-silver-lead-zinc zone and the Doyle copper-silver zone.


Assays are pending on results from the Reserve Creek gold project where
drilling is currently in progress on hole RS11-46. Assays are also
pending from a deep hole drilled at the Nash Creek lead-zinc-silver
project.


Derek F. Brown, P.Geo., Consultant, 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 was awarded a
provincial grant of $35,000 under the New Brunswick Junior Mining
Assistance Program to support the 2010 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