Slam Uncovers Gold Bearing Quartz Veins

Trenching Continues To Test Strike Extent of New Saint-Quentin Gold Discovery

TSXV: SXL US-OTC: SLMF

MIRAMICHI, NB, Dec. 6, 2011 /CNW/ - SLAM Exploration Ltd. (TSXV: SXL) (US-OTC: SLMF) ("SLAM") is pleased to report it has uncovered several quartz veins with visible gold within bedrock in a trenching operation underway at the recently acquired "Saint-Quentin" gold discovery in northwest New Brunswick. The vein in the trench photo contains multiple flecks of gold and is directly beneath the original gold-bearing boulders discovered by Tim Lavoie.

The gold-bearing veins are exposed over a strike length of 250 m. The trenching operation continues to test for additional veins along strike by following boulders found by our prospecting team. Assays are pending on samples of quartz veins and wallrock.

CEO Mike Taylor considers the find "Highly encouraging this early into exploration" and suggested that "this sets the stage for a very aggressive exploration campaign". The discovery of quartz veins with visible gold in bedrock increases the potential for an economical gold deposit at Saint-Quentin.

About The SAINT QUENTIN Gold Discovery: SLAM has an option to earn 100% interest in the NW Gold Project which comprises 251 units in 20 claims located near Saint Quentin, in northwest New Brunswick. Combined they cover 6275 hectares of highly prospective sedimentary rocks with favourable gold-bearing structures.

Qualifying Statements: Derek F. Brown, P.Geo. and consultant to SLAM is the Qualified Person responsible for the technical information contained herein. Grab samples were collected and sent to Actlabs in Ancaster, Ontario for assay.

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 www.sedar.com for further information.

Image with caption: "NW GOLD VEINS. (CNW Group/SLAM EXPLORATION LTD.)". Image available at: http://photos.newswire.ca/images/download/20111206_C4403_PHOTO_EN_7877.jpg

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

info@slamexploration.com