Chief Financial Officer and Corporate Secretary Appointed

Vancouver, BC, September 30, 2011 – Slater Mining Corporation (TSX-V: SLM) – Slater Mining Corporation (the "Company") is pleased to announce the appointment of James Howson as Chief Financial Officer, and Surita Banger as Corporate Secretary. Both positions are effective as of October 1, 2011. Paul Robertson has resigned as Chief Financial Officer and Corporate Secretary, and the Company thanks him for his service.

For further information, contact:

Ian Slater

Chief Executive Officer

This news release has been approved by a Qualified Person in the employ of Red Eagle Mining Corporation. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.

920 – 1030 West Georgia Street, Vancouver, British Columbia, Canada, V6E 2Y3 +1 604 638 2545 +1 604 638 2546 fax