Slam Exploration Ltd. reported drilling results for 9 additional holes at its wholly owned Menneval gold project in New Brunswick. These include 3 holes containing visible gold all drilled from one site on line 4360E. Two sites of visible gold occur in a 1.4 m core interval of quartz vein at a depth of 12.0 m in hole MG1224.

A 4.5 m quartz vein interval in hole MG1225 contains flecks of visible gold at 17.2 m and 18.7 m respectively. Hole MG1226 intersected a 9.7 m quartz vein interval from 15.1 m followed by a 3.1 m quartz stringer zone from 24.9 m. Several coarse flecks of visible gold occur near 24.8 m. The drill then moved 40 m eastward to grid line 4400E to continue a systematic pattern of drilling. Holes MG1227, MG1229, MG1230 and MG1232 all hit quartz vein intervals ranging from 0.3 m to 0.6 m in drilled thickness.

Assays are pending on holes MG1201 to MG1232. After MG1232, the drill moved 80 m east to line 4520E to begin hole MG1233. The 50 hole drilling program continues to trace the Maisie Zone on a pattern designed to delineate a potential near surface resource that would be amenable to open pit mining methods.

A 40 x 20 m grid has been established to provide spatial control for the drilling sites.