SnL Enterprises Ltd. 2008 Exploration Update by 24hgold

August 18, 2008 EXPLORATION UPDATE LADNER, B.C.

SNL ENTERPRISES LTD. ("SNL", the "Company") is pleased to provide the following up-date in regards to its summer 2008 exploration activities:

Logan Copper: Additional tenures acquired
Since our news release dated May 23, 2008 (available on www.Sedar.com), the Company has expanded its Logan Copper property through the acquisition of an additional 27 mineral tenures totaling 11,790 hectares. These tenures were acquired for cash purchase totaling $23,857. The Company�s total Logan Copper property now consists of 89 mineral tenures (of which 86 are contiguous), totaling 40,776 hectares. These were acquired for total cash consideration of $73,857. These acquisitions give SNL one of the largest blocks of exploration acreage in the region, providing a portfolio of exploration targets. SNL�s exploration efforts for the current season will primarily be focused on the western flank of the property, as this portion of the property is underlain by the regionally-significant Guichon Batholith which hosts the nearby world-class Highland Valley porphyry copper deposits 12 km north-east of the Logan Copper property boundary. The remainder of the contact zone is underlain by Nicola volcanics. Historical regional bedrock mapping indicates that there is approximately 14 linear kilometres of Guichon Batholith contact zone trending north-south across the western portion of our property. The contact zone provides a geologically favourable area for the location of a Craigmont-type mineral deposit.

Logan Copper: Work program update

The Company�s work program on the Logan Copper property is on-going. To date, the Company has completed MMI (Mobile Metal Ion) surveys totaling 2,590 samples. SNL has also undertaken preliminary prospecting and field sampling, with an additional 42 soil and 150 whole rock samples retrieved for 32-element ICP geochemical analysis. Sampling has primarily targeted areas historically-reported to host co-incident geophysical and geochemical anomalies. This work has supported the historically reported mineralization of certain targeted areas: the 114 whole rock samples returned to-date have included one grab sample reporting >10,000 ppm copper, and a second grab sample reporting 1500+ ppm copper. The Company is continuing with the integration of available historical data, and will continue prospecting and sampling in areas where historical reports indicate possible geochemical and geophysical anomalies. The Company has not yet received the results of its MMI surveys. Soil and whole rock ICP analysis was conducted by Pioneer Laboratories Inc., of Richmond B.C., and was conducted by contract staff under the supervision of our Qualified Person, Mr. Laurence Sookochoff, P.Eng.

Logan Copper: Drilling to commence in September

SNL has entered into an agreement to conduct a diamond drill program of up to 7,000 metres on the Logan Copper property, commencing in early September, 2008. Permitting for this proposed program has been completed. The drilling will initially target areas of historically reported geophysical anomalies that correlate with historically reported mineralization. Our on-going integration of past data has opened up a considerable inventory of drill targets, defined as areas hosting coincident historic geophysical and geochemical anomalies of appropriate magnitude. Included in our initial drill targets are two zones where multiple zones of copper mineralization have been reported from historical percussion drilling programs, and a third zone believed to have hosted small scale copper and silver production in the 1940s (MINFILE No 092ISE012). SNL is awaiting MMI results on our proposed drill targets, which will supplement the historical data available. This press release has been approved by our qualified person, Mr. Laurence Sookochoff P.Eng, who is the senior geologist and project manager of the Logan Copper property. Mr. Sookochoff is a Qualified Person as defined by National Instrument 43-101. Historically reported results have not been verified by the Company, and are not National Instrument 43-101 compliant. The reader is cautioned that historical data may not be relied upon.

Keystone property: Prospecting and sampling to commence in September

The Company is currently planning an approximately $80,000 work program comprising orientation prospecting and stream sampling on the 100% owned Campbell Ridge and Boundary Range claim groups, forming part of our Keystone property (please see our News Release dated 25 March 2008 available on www.Sedar.com). This work is expected to commence in September, 2008.

Note on forward looking statements This press release contains "forward-looking statements which involve, and are subject to, known and unknown risks, delays, and uncertainties not under the Company�s control. These known and unknown risks, delays and uncertainties may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements. In particular, the Company�s future drilling and exploration plans set forth herein are subject to receipt of sufficient financing and adequate working capital, which cannot be assured.

For more information, contact Thal S. Poonian at 604-940-9157, or via email: tpoonian@telus.net

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