In brain slice experiments there’s currently no validated electrophysiological method for differentiating viability between GABAergic and glutamatergic cell populations. Here we investigated the neurophysiology of high frequency field potential activity — and its utility for probing the functional state of the GABAergic system in brain slices.Field potentials were recorded from mouse cortical slices exposed to 50 mM potassium (“elevated-K”) and the induced high frequency (>20 Hz) response characterized pharmacologically. The elevated-K responses were also related to the high frequency activity imbedded in no-magnesium seizure-like events (SLE) from the same slices.The elevated-K response, comprising a transient burst of high frequency activity, was strongly GABAA-dependent. The size of the high frequency response was reduced by 71% (p = 0.001) by picrotoxin, but not significantly attenuated by either APV or CNQX. High frequency activity embedded in no-magnesium SLEs correlated with the elevated-K response. The success rate for generating an elevated-K response — and high frequency SLE activity — declined rapidly with increasing time since slicing.These findings support the hypothesis that in cortical slices, a functioning synaptic GABAergic system is evidenced by a strong high frequency component to no-magnesium SLE activity — and that the integrity of the GABAergic system degrades quicker than the excitatory glutamatergic system in this preparation.