Slam Exploration Ltd. updated drilling results for the latest 15 diamond drill holes drilled in 2012 at its wholly owned Menneval gold project in New Brunswick. All 15 holes MG1233 to MG1247 intersected quartz vein(s) over core intervals ranging from 0.10 m up to 1.20 m. This brings the total to 47 holes drilled for 1596 m prior to the Christmas break in December, 2012. This was the first drilling test on the Maisie zone, a new gold discovery made by SLAM in summer, 2012.

The drilling program has traced the vein system over a 520 m strike length and to a depth of 25 m. The system remains open at depth and along strike. Quartz vein core intervals range from 0.1 m up to 9.7 m in 42 of the 47 holes. Visible gold was noted in 6 holes.

Assay results are pending from holes MG1201 to MG1247.