SLAM Exploration Ltd.: Drilling Underway at Fort Hope Gold Mine

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 9:25am EDT

  MIRAMICHI, NEW BRUNSWICK, Apr 10 (MARKET WIRE) -- 
 SLAM Exploration Ltd. (TSX VENTURE: SXL) ("SLAM") and Bard Ventures Ltd.
(TSX VENTURE: CBS) ("Bard"), are pleased to announce drilling is underway
at the Fort Hope Gold Mine ("FHGM") in northwest Ontario. The property is
part of the 30 claim Opikeigen project covering 2784 hectares owned 50/50
by SLAM and Bard with SLAM as operator.

    The 1200 metre drilling program will include 4 to 6 holes designed to
intercept the "Shaft Vein" at the FHGM. Records show that in 1959
previous workers removed a 3105kg bulk sample that averaged 3.54 oz/ton
gold (H. Wallace, 1978, Ontario Geological Survey, Report185).  Grab
samples ranging up to 9.37oz/ton gold were reported from trenches soon
after the discovery in 1927 (E.M. Burwash, 1929, Ontario Department of
Mines). In spite of these historic results, there is no record of any
drilling on this vein. In its news release of 25 February 2008, SLAM
reported results for 15 grab samples collected from waste rock piles near
the shaft. These samples all contained gold with 7 samples reporting gold
values ranging from 0.132 oz/ton up to 1.998 oz/ton (4542 ppb to 68,489
ppb). This gold occurs in mineralized volcanic wallrock as well as quartz
veins.

    The FHGM is associated with a gold mineralized system that hosts 8 other
gold occurrences on the Property. SLAM and Bard will also test Zone OL12,
located 700 metres north of the FHGM, with up to 2 holes. This drilling
program will complete phase one of a plan to systematically explore the
FHGM and associated occurrences which have geological similarity to gold
mines at Red Lake. More information is available at
www.slamexploration.com.

    Mike Taylor states: "This project exemplifies the mineral potential of
the Eabamet Lake area. With spectacular grades reported from underground
work untested by drilling, the Fort Hope Gold Mine represents a
tremendous opportunity."

    The Property lies within the Traditional Territories of the Eabametoong
First Nation ("EFN"). SLAM and EFN have signed a Memorandum of
Understanding to guide activities. SLAM intends to work closely with EFN
in the exploration and potential development of the FHGM along with other
gold deposits within the area.

    Derek F. Brown P.Geo., SLAM's Exploration Manager, is the Qualified
Person, as defined under National Instrument 43-101, responsible for the
results reported in this news release.

    SLAM Exploration Ltd. is a mineral resource company based in Miramichi,
New Brunswick. It is involved in base metal exploration in New Brunswick
including a zinc deposit near development at Nash Creek as well as gold
exploration in the Uchi sub-province of northwest Ontario.  Additional
information about SLAM including updated information on our Ontario gold
projects is available at www.slamexploration.com or from its SEDAR
filings at www.sedar.com.

    The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

    On behalf of the Board, Mike Taylor, P. Geo. President & CEO, SLAM
Exploration Ltd.

    SEDAR: 00012459E

    Visit SLAM's IR hub. Post questions, receive timely answers,

    review dialogue and email correspondence about SLAM.

    On behalf of: Bard Ventures Ltd., "Eugene Beukman", Eugene Beukman,
President

    For further information please visit our website at www.bardventures.com

    For all Bard Ventures Ltd. investor relations needs investors are asked
to visit the Bard Ventures Ltd. IR Hub at
http://www.agoracom.com/IR/bardventures where they can post questions and
receive answers within the same day, or simply review questions and
answers posted by other investors.  Alternatively, investors are able to
e-mail all questions and correspondence to cbs@agoracom.com where they
can also request addition to the investor e-mail list to receive all
future press releases and updates in real time.

    Forward-looking statements:

    This news release contains certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical fact, that address events or developments that
SLAM and Bard respectively expect to occur, are forward looking
statements.

    Forward looking statements are statements that are not historical facts
and are generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions "will",
"would", "may", "could" or "should" occur.  Although SLAM and Bard
believe the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees of
future realities and actual realities may differ materially from those in
forward looking statements.  Factors that could cause the actual
realities to differ materially from those in forward-looking statements
include market prices, exploitation and exploration success, continued
availability of capita, financing, general economics and market or
business conditions. Investors are cautioned that any such statements are
not guarantees of future realities and actual realities or developments
may differ materially from those projected in the forward-looking
statements. Forward looking statements are based on the beliefs,
estimates and opinions of the respective management of SLAM and of Bard
on the date the statements are made.  Unless otherwise required by
applicable securities laws, SLAM and Bard expressly disclaim any
intention and assume no obligation to update or revise any
forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change, whether as a
result of new information, future events or otherwise. Please see public
filings for SLAM and Bard respectively at www.sedar.com for further
information.

Contacts:
Corporate Inquiries
Mike Taylor, President & CEO
506-627-1353
http://www.slamexploration.com

Investor Relations
Bob Smylie
Toll Free: 866-523-6719
Direct: 604-224-4945

AGORACOM Investor Relations
http://www.agoracom.com/IR/slamexploration

Copyright 2008, Market Wire, All rights reserved.

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