Beatrix Announces Final Drilling Results on Opikeigen Gold Project

Gold Bearing Formations Extended an Additional 100 Metres Along Strike

Vancouver, British Columbia, Canada: Beatrix Ventures Inc. (TSXV: BXV) ("Beatrix") is pleased to announce the final 2011 diamond drilling results from the Opikeigen Gold Joint Venture, a promising gold project located near Fort Hope in northwestern Ontario and owned 50/50 by SLAM (TSXV: SXL) and Beatrix. The final 2 holes OG11-10 and OG11-11 both intersected gold-bearing formations and extend Zone 41 to a strike-length of 150 metres (as announced September 22, 2011).

Geophysical evidence suggests Zone OL41 may be an extension of Zone OL12 located 500 metres along strike to the west. Zone OL12 has produced significant results in the past including 113.57 gram per tonne gold over 0.1 metre reported to contain visible gold within a core interval grading 6.22 gram per tonne gold over 7.00 metres in hole OL87-46. These results pre-date NI 43-101 regulations and can only be verified by additional drilling.

Holes OG11-10 and OG11-11 intersected multiple gold bearing zones with individual samples ranging up to 7.59 gram per tonne gold over 1.0 metre within a larger 17.9 metre interval grading 1.46 gram per tonne gold. The more significant results are presented in the following table:

Holes OG11-10 and OG11-11 were drilled 75 metres east of hole OG11-06 on Zone OL41 as announced September 5, 2011. Zone OL41 had been defined by 3 historic holes drilled over a strike length of 50 metres by previous workers. Hole OG11-10 represents a significant step-out and extends the strike-length of Zone OL41 to 150 metres. The exploration team utilized data from induced polarization (IP) and the new high resolution aeromagnetic survey to plan this successful drilling program. Zone OL41 is open along strike and at depth.

Hole OG11-11 was the last of 7 holes totalling 1,538 metres drilled during this summer's program at Opikeigen. SLAM and Beatrix are encouraged by the results which expand the gold-bearing system surrounding Zone OL12 and the Fort Hope Gold Mine. The management team is reviewing these results in preparation for further exploration.

Sara Lloyd, P.Geo., Project Manager for SLAM, is the Qualified Person, as defined under NI 43-101 regulations, responsible for the technical results reported in this news release. All core was delivered to a secure site for logging and sampling. The BTW size core was split in half along the core axis; one half sent to Accurassay Laboratories and the other half retained for future reference. Accurassay used a 30-gram split for gold fire assay with AA finish. Standard and blank samples are included in each sample batch for quality control purposes. All mineralized intervals are reported as drilled core lengths. True widths are unknown.

About the Opikeigen Gold Joint Venture:

SLAM and Beatrix jointly own and manage the Opikeigen Gold Joint Venture property on a 50/50 basis. The Opikeigen Gold property encompasses 4112 hectares in 37 mineral claims located near Fort Hope, Ontario. Previous drilling at Opikeigen has resulted in discovery of 10 separate gold occurrences within the 10 kilometer long claim block. Opikeigen is part of a major gold-generating system centered around Fort Hope and including SLAM's Reserve Creek gold deposit where SLAM completed a very successful drilling campaign in April 2011. This emerging gold camp contains an expanding inventory of gold deposits located near Fort Hope approximately 150 kilometers east of the former gold mining Town of Pickle Lake and underlain by volcano-sedimentary rocks of the Uchi Sub-province. Uchi rocks are host to Goldcorp's Red Lake Mine; Canada's largest gold mine and one of the world's richest and lowest cost producers.

The Opikeigen drilling activities are being conducted in consultation with Eabametoong First Nation ("EFN") in accordance with a mutual Exploration Agreement. This Agreement calls for EFN and SLAM to work cooperatively to advance the gold potential of Reserve Creek and other SLAM projects in the Fort Hope area of Ontario.

About Beatrix: Beatrix is a mineral resource company based in Vancouver, British Columbia and is aggressively acquiring gold properties. In addition to its 50% ownership of the Opikeigen Gold Joint Venture in Ontario, Beatrix has an option to earn 100% of the Uniacke Gold property and 100% of the Lower Seal Harbor gold property both located in the historic Meguma gold terrain of Nova Scotia. Additional information about Beatrix and its projects are available at

About SLAM Exploration Ltd: SLAM is a mineral resource company based in Miramichi, New Brunswick and owns an expanding inventory of gold deposits in Ontario as well as a large portfolio of silver-copper-lead-zinc deposits in New Brunswick. Additional information about SLAM and its projects are available at .