SLAM Presenting at Exploration, Mining & Petroleum 2013 in Fredericton

MIRAMICHI, NEW BRUNSWICK--(Marketwired - Oct 31, 2013) - SLAM Exploration Ltd. (TSX VENTURE:SXL)(OTCBB:SLMF) ("SLAM") will be presenting at the Exploration, Mining and Petroleum conference hosted by the New Brunswick Department of Energy and Mines as follows:

The presentation highlights the Maisie bonanza gold deposit at SLAM's wholly owned Menneval gold project in New Brunswick. SLAM recently uncovered the Maisie zone and conducted a systematic program of channel sampling. Assays are pending on 29 channel samples cut at 5 and/or 10 metre intervals over a strike length of 213 m with an average thickness of 0.56 m. Visible gold occurs in 13 samples.

About The Menneval Project: SLAM holds 100% interest in 8 contiguous claims that cover 12,000 hectares acquired by map-staking near Menneval in northwest New Brunswick. The property hosts 2 gold deposits, the Maisie gold zone and Zone 9. Click on the SXL website at http://www.slamresources.com/projects/new-brunswick/menneval for more detailed information. Photos of drill core with visible gold can be viewed at http://www.slamresources.com/core-shack/.

Qualifying Statements: Mike Taylor, P.Geo. President and CEO of SLAM Exploration Ltd., is the Qualified Person responsible for the technical information contained herein.

About SLAM Exploration Ltd:

SLAM is a mineral resource company currently focused on development of the bonanza grade Maisie gold zone at its wholly-owned Menneval project in northwestern New Brunswick. The Company owns the Nepisiguit and Nash Creek silver-base metal deposits, both NI 43-101 compliant and located in New Brunswick. The Company also owns a significant gold portfolio in Ontario including the Reserve Creek gold deposit. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Follow us on twitter @SLAMGold.

On behalf of the Board

Mike Taylor, P. Geo., President & CEO

SLAM Exploration Ltd.

SEDAR: 00012459E

Certain information in this news release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.