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Mineralized Zones with Visible Copper Intersected in 5 Holes


TSXV: SXL US-OTC: SLMF


MIRAMICHI, NB, Oct. 18, 2011 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (US-OTC: SLMF) ("SLAM") announces it has intersected vein and breccia zones with visible copper
mineralization in 5 holes drilled on the Silverjack property in
Northern New Brunswick. A total of 8 holes numbered SJ11-43 to SJ11-50
were drilled for a total of 1272 m. The most significant intercept was
in hole SJ11-50 with a 2.9 m mineralized interval from 172.0 m to 174.9
m. Assays are pending on all 8 holes.


The drilling program was designed to test the strike and depth extent of
the Doyle copper-silver zone to follow up a previous hole SJ10-41 that
intersected 2.33% copper and 43 g/t silver over a core interval of 1.33
m (press release March 25, 2011).


Upon completion of the Silverjack program, the drill was moved to SLAM's
wholly owned Nepisiguit deposit where one drill was already working.
Both drills are now testing the strike extent of new mineralization
announced October 14, 2011.


About Silverjack: The Silverjack property comprises 207 claims owned 100% by the Company
plus 14 claims held under option agreements for a total of 5,525
hectares. The property is 4 km from the Belledune smelter and seaport
and 7 km east of SLAM's Nash Creek deposit.


Derek F. Brown, P.Geo. and consultant to SLAM, is the Qualified Person
responsible for the technical information contained herein.


About SLAM Exploration Ltd:


SLAM is a mineral resource company based in Miramichi, New Brunswick and
is currently drilling silver-copper-lead-zinc in New Brunswick. The
Company has a significant gold portfolio including the Reserve Creek
gold deposit in Ontario. .


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 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 http://www.sedar.com/">www.sedar.com for further information.




For further information:

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