SLAM Exploration Ltd. announced that it has acquired a new Rare Earth element project by claim staking at Cumberland Hill in the mineral-rich province of New Brunswick, Canada. The Property was acquired based on REE and tin anomalies that were detected in a soil geochemical survey by previous workers in 2011. The REE and tin soil anomalies are associated with magnetic and thorium-potassium radiometric anomalies. Prospecting and drilling of 2 holes detected the presence of elevated REE in the underlying volcanic rocks. Most of the REE anomalies are unexplained and the tin anomalies remain to be tested. The 2011 geochemical survey was based on 303 soil samples collected at 50 m intervals along a number of reconnaissance traverses. Approximately 20 samples contained anomalous levels of total REE ranging from 300 ppm to 3380 ppm total REE, including up to 319 ppm heavy REE. In addition, the soil survey indicates significant potential for tin. Anomalous tin levels ranging from 10 ppm to 61.6 ppm Sn occur in 27 of the samples. Anomalous zinc levels up to 410 ppm are associated with the anomalous tin values. The same previous workers drilled 2 short diamond drill holes for a total of 142 m, both of which returned elevated REE assay results. The first hole, CU11-02, cut a 22 m interval grading 1443 ppm total REE including 227 ppm heavy REE. This hole was drilled beneath a recently excavated pit and a large rock pile where grab samples returned up to 2469 ppm total REE. This occurrence is associated with a thorium-potassium radiometric anomaly on the eastern flank of a magnetic high. Hole CU11-03 intersected altered volcanic rocks with elevated levels of REE that include a 1.5 metre interval grading 1860 ppm total REE with 405 ppm heavy REE. A separate 13 m interval grading 1465 ppm total analyzed REE with 248 ppm heavy REE was intersected at a depth of 42 m. This drill hole was collared approximately 230 metres northwest of CU-11-02 and tested the same Th-K radiometric and magnetic anomalies as well as elevated REE in soil samples.