Vice President Projects. SLATER MINING APPOINTS REGIONAL MANAGER – CENTRAL ASIA

SLATER MINING CORPORATION

920 – 1030 West Georgia Street Vancouver, BC, V6E 2Y3 Telephone: +1 604 638 2545

SLATER MINING APPOINTS REGIONAL MANAGER – CENTRAL ASIA

Vancouver, BC, November 8, 2010 – Slater Mining Corporation (the “Company”) (TSX-V, SLM) is pleased to announce that Mr. Allen Cole has been appointed as Regional Manager – Central Asia. He will be based in Almaty, Kazakhstan, with his key role to expedite the issuance of concession contracts and complete acquisitions in the region (including Kazakhstan and Tajikistan). He will report to Robert Bell, Vice President Projects.

Mr. Cole was previously based in Mongolia from 2002 – 2007 as Project Manager with both Entrée Gold and Fortress Minerals. Ian Slater, CEO of Slater Mining states “We are delighted that Allen has decided to join us. Apart from being very experienced within the region, he has an almost unique legal and geological background that is ideal for this role”. Mr. Cole was granted 100,000 options at an exercise price of $0.30 per share, exercisable until November 1, 2015.

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

For further information, contact:

Ian Slater

Chief Executive Officer