Slam summarizes silver- copper- zinc-lead results from silverjack

Significant mineralization detected over large area; Additional work expected in 2011

SLAM Exploration Ltd. (TSXV: SXL) (US-OTC: SLMXF) ("SLAM") is pleased to provide summary information on the recently completed diamond drilling program at its Silverjack property in New Brunswick.

Overall Results: Very positive results were obtained from the 22 hole program. The most significant interval occurs in hole SJ10-26 with a 9.60m interval grading 230.90 g/t silver, 1.53% copper, 2.89% zinc and 2.53% lead. Lead-zinc as well as copper-silver-cobalt bearing intercepts suggest potential extensions up to 1600m south of Silverjack.

VMS Reports 50.08 Metres of 6.85% Copper in Hole RLD030 at Reed Lake JV, Indicating Continuity of Mineralization Between the Known Mineralized Body and Step Out Hole RLD015

VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS") is pleased to announce the latest drill and assay results from the in-fill diamond drill program on the extension of Zone 10 at the Reed Lake copper-zinc-gold-silver deposit, near Snow Lake, Manitoba, Canada.

These latest results, including holes RLD027 to RLD030, were testing the extension of Zone 10. The in-fill program for the upper two lenses is complete and these results focus on Zone 10 between the 300 and 530 metre levels. This lens was previously extended by 214 metres down plunge of VMS Ventures historical drill holes with hole RLD015, announced in a press release dated December 10, 2010.

Minera Andes Announces Proposed Spin-Out of Los Azules Copper Project

Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI)(OTCBB: MNEAF) is pleased to announce that it intends to complete a spin-out its Los Azules Copper Project into a new publicly traded company.

The Los Azules Project is a 100% owned advanced-stage porphyry copper exploration project located in the cordilleran region of San Juan Province, Argentina near the border with Chile. It is one of the world's largest undeveloped copper deposits with an indicated mineral resource of 137 million tonnes grading 0.73% copper, equivalent to 2.2 billion pounds of copper, and an inferred mineral resource of 900 million tonnes grading 0.52% copper, equivalent to 10.3 billion pounds of copper. Exploration and infill drilling continues with five drills currently operating at the Los Azules Copper Project.

New Copper-Molybdenum-Gold Zone Discovered on Ivanhoe Mines-BHP Billiton Joint Venture Licence Approximately 10 Kilometres North of Oyu Tolgoi

Discovery Extends the Known Strike Length of the Oyu Tolgoi Mineralized System to 23 Kilometres Pre-Mining Agreement Concluded With Government of Mongolia

Robert Friedland, Executive Chairman and Chief Executive Officer of Ivanhoe Mines Ltd. (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN), and Richard Gosse, Vice-President, Exploration, announced today that Ivanhoe and BHP Billiton Ltd. have discovered a new zone of shallow copper-molybdenum-gold mineralization approximately 10 kilometres north of the Ivanhoe Mines Oyu Tolgoi copper-gold mining complex currently under construction in southern Mongolia.

The discovery, known as Ulaan Khud North, extends the known strike length of the Oyu Tolgoi mineralized system by an additional three kilometres to the north, to more than 23 kilometres.