SLAM Exploration Ltd. reported results from the 2016 bulk sampling program of the Maisie gold vein completed on its wholly-owned Menneval gold project in northwestern New Brunswick. The company submitted 2.1kg of gold concentrates to General Refining Corporation of Brampton, Ontario for testing and refinement. The refinery produced 298.28 grams (9.8 oz) gold and 30.79 grams (1.0 oz) silver from the concentrates. Recovery rates were 98% and 90% for gold and silver respectively. After deductions by the refinery, SLAM was paid a net amount of $14,541 for the contained gold. It should be noted that the concentrate was produced from selected vein material and may not represent the average grade of the Maisie vein. The company intends to complete the 2,000 bulk sampling program in the 2017 field season and continue to focus on high grade gold-bearing material from the high grade Blow gold shoot. Pending financing, SLAM plans to complete a diamond drilling program to test for extensions of the high grade gold shoots at depth. Exploration of the Menneval project is still at an early stage and there is potential for discovery of additional high grade gold veins as well as extensions of the known gold shoots. Authorization: A License of Occupation authorizes the Company to extract and process gold from this high grade gold vein over a two year period. Under this License, the removal and processing of a 2,000 tonne bulk sample has been approved by the New Brunswick Department of Environment and the Department of Energy and Mines. No drilling or blasting is required and no chemicals are used in the process. The purpose is to develop environmentally and commercially sustainable techniques to extract gold, provide an estimate of the grade of the Maisie vein and demonstrate the potential for longer term mining operations.