Some news on Slam Exploration Keezhik claims.Zone extended. Looking promising.

Namex Explorations Completes Fieldwork for Qualifying Transaction

Gold Zone Now Extended for over a Kilometre, Second Parallel Gold Zone Identified

Montreal, Quebec CANADA, November 29, 2011 /FSC/ - Namex Explorations Inc. (NME - TSX Venture), an exploration company currently undergoing reorganization to regain trading status on the TSX Venture Exchange, is pleased to announce that it has successfully completed geophysical and geochemical field programs on its Keezhik Creek property located in the Fort Hope area of NW Ontario. Soil surveys have traced the gold mineralization at Keezhik Creek for over a kilometre.

"Namex has now expended in excess of $120,000 to qualify this property of merit," stated Chairman Arild Stockinger. "We have not only taken the next step towards re-enlistment but have also successfully increased the strike length of the gold target at Keezhik Creek to over a kilometre."

The Keezhik Creek property forms part of the 28 claim, 5,184 hectare Miminiska property all of which is under option from Slam Exploration Ltd. (TSX.V: SXL). The property lies in the Uchi Geological Subprovince which forms a newly recognized eastern extension of the same greenstone belt hosting the Red Lake gold deposit of Goldcorp. Historic drill and trenching programs identified an 11 g/t Au gold occurrence in a northeast trending shear zone. In 2010 Slam Exploration Ltd drilled one hole to test a humus anomaly approximately 100 m north of the trench. The core assayed 9.47 g/t Au over 7.2m including 64 g/t Au over 1m. (Slam Explorations Ltd., press release, July 14, 2010).

In 2011 Namex contracted Geotech Ltd to undertake a 100 m spaced low level helicopter borne magnetic survey over the northern part of the claim block. This airborne survey identified a prominent regional shear zone and the axial trace of large folds coincident with the historic gold mineralization.

Namex undertook a MMI geochemical soil survey to evaluate the area to the west of the 2010 drill intersection. The survey results show a gold (and other metals) anomaly extending from the vicinity of the Slam drillhole westwards for 1 km to the end of the survey grid. In addition, the survey results show a second and parallel anomaly that also extends for 1 km along strike and several other shorter length anomalies. The Ontario government assessment files show that historic drilling encountered a 12 m thick arsenopyrite-bearing quartz vein directly beneath one of the short strike length MMI gold anomalies. No assay data accompanied these assessment files. In general, anomalous gold values occur over a zone that has a westerly trend of over 1 km and a north south width of approximately 300 m.

The combined 2011 magnetic and geochemical surveys have identified a minimum of five drill targets within a 1000 by 300 m area. Management is currently seeking funds to test these high potential gold targets.