PROPERTY ACQUISITION                                                                                                              March 25, 2008

LADNER, B.C. - SNL Enterprises Ltd. (“SNL”, “the company”) announces the acquisition of a 100% interest in several mineral claims groups in the area of Alice Arm, B.C., namely the Dawson Ridge, Campbell Ridge and Boundary Range claim groups. The Dawson Ridge and Boundary Range claim groups are adjacent to the Company’s Keystone property, to the west and south, respectively, and the Campbell Ridge claim group is located north of Alice Arm, on tidewater on the east coast of Hastings Arm. Details on these claim groups are as follows:
Claim group
Hectares      NTS      Map
 
CampbellRidge
9,564         103P      5 & 12

Dawson Ridge
5,216         103P      5

Boundary Range
15,416       103P     5 & 6

These claim groups were acquired for total cash consideration of $350,000. The Campbell Ridge claim group is located within 3 kilometres of the Tidewater Deposit (containing a historical reserve reported at 9,071,000 tonnes grading 0.06% molybdenum, this historical resource estimate, which is considered by SNL to be relevant, is not compliant with National Instrument (NI) 43-101 and cannot be considered to be reliable as SNL has not done the work necessary to verify the classification of the resource). SNL is not treating this historical estimate as a NI 43-101 defined mineral resource or mineral reserve. The Dawson Ridge and Boundary Range groups are located four kilometres west and south, respectively, of the Roundy Creek deposit (containing a historical reserve reported at 7,000,000 tonnes grading 0.11% MoSs this historical resource estimate, which is considered by SNL to be relevant, is not compliant with NI 43-101 and cannot be considered to be reliable as SNL has not done the work necessary to verify the classification of the resource). SNL is not treating this historical estimate as a NI 43-101 defined mineral resource or mineral reserve. These claim groups have no known mineralization. However, the Company believes their proximity to the Eskay Rift and several Alice Arm intrusive stock-hosted deposits, and their location on a regionally significant contact between the Eocene Coast Plutonic Complex and sedimentary Bowser Lake Group makes these properties prospective grass-roots targets for reconnaissance-stage prospecting and airborne geophysical evaluation. The Company is in the process of planning a reconnaissance-stage exploration program for these claim groups, expected to occur in summer 2008 subject to financing.
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