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SnL Enterprises Ltd.

Publié le 24 septembre 2008

RESULTS ON MANN PROJECT/LOGAN LAKE DRILL STARTS

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OPTIONOR RELEASES RESULTS ON MANN PROJECT
DRILLING COMMENCES ON LOGAN COPPER PROJECT

September 24, 2008

SNL ENTERPRISES LTD. (�SNL�, the �Company�) is pleased to provide the following operational update:

Mann Project, Ontario
SNL has been notified by Tres-Or Resources Ltd. (�Tres-Or�), the optionor and operator of the Mann project, that Tres-Or has received platinum (Pt) and palladium (Pd) assay results from drilling Tres-Or conducted in June 2008 on the Mann Project mafic/ultramafic layered intrusion. The Mann project is located 46 kilometres northeast of Timmins, Ontario. The drilling program consisted of 3 short holes replicating and extending the hole MAN07-02, drilled last year at the same site (see news release dated February 22, 2008).

SNL has option rights whereby SNL can acquire from Tres-Or a 50% interest in the Mann Project from Tres-Or Resources Ltd.
Remaining earn-in work commitments pursuant to SNL�s option require SNL to conduct approximately $307,500 of exploration work on the Mann project prior to December 31, 2009 in order to earn a 50% interest in that property. The drill program described herein was conducted independently by Tres-Or, and thus will not be credited towards our earn-in work commitments.


Assay results from two of the three new holes have been received from ACME Analytical Laboratories Ltd. in Vancouver, B.C., with results from the third hole expected soon. The two holes received include: 1) MAN08-05, which twinned the discovery hole to a total depth of 60 m from the same surface location, oriented southwest (240�) and inclined at 46 degrees; and 2) MAN08-07, which was drilled northwest at an orientation of 300� to a total depth of 75 m and inclination of 48 degrees, from the same surface location.


MAN08-05 was intended to replicate and confirm the shallow Pt and Pd enrichment discovered last year by the company�s drill hole MAN07-02, which intersected 15.0 m of 0.5 grams per tonne (g/t) Pt + Pd, including a zone of 4.2 m of 1.0 g/t Pt + Pd. The new drill hole MAN08-05 replicated those results, returning assays of 0.6 g/t over 12.5 m from 17.5 to 30.0 m, including a zone of 1.0 g/t Pt + Pd over 3.2 m (21.8 to 25.0 m). Platinum comprised 40% of the total of the combined Pt + Pd reported.


MAN08-07 (in combination with MAN08-06, whose results are still pending) was intended to help establish structural orientation of the enriched zone, as well as provide a short range step out of the discovery. Drill hole MAN08-07 returned assays of 0.5 g/t over 14.5 m from 39.5 to 54.0 m, including a zone of 0.9 g/t Pt + Pd over 5.5 m (41.0 to 46.5 m). Platinum comprised 55% of the total Pt + Pd.


Table 1: Platinum and Palladium enriched intervals in drill holes MAN08-05 and MAN08-07

Drill Hole #from (m)to (m)interval (m)Pt + Pd (g/t)MAN08-0517.530.012.50.6 including: 21.825.03.21.0MAN08-0739.554.014.50.5 including: 41.046.55.50.9


Preliminary correlation between the drill holes suggests the mineralized Pt + Pd enriched layer dips to the northeast, and the true structural thickness will be less than the drill core sample lengths, but the amount of reduction is not known with confidence. A preliminary estimate of the true thickness will be made upon receipt of the assay results from the third drill hole MAN08-06, which was drilled vertically from the same surface location as MAN08-05 and MAN08-07.


All drill core samples were split and a � split of each interval was shipped for analysis to ACME Analytical Laboratories Ltd. in Vancouver, British Columbia fire assay fusion for Pt, Pd and Au using industry standard 30 gram aliquots and multi element analysis. The methods are the same as described in detail in the news release dated May 9, 2007.
Harrison Cookenboo, Ph.D., P.Geo., a Qualified Person by the standards of National Instrument 43-101 has reviewed and approved the technical contents of this up-date on the Mann Project.


Logan Copper, British Columbia
The Company has expanded its Logan Copper land position by acquiring 475 additional hectares, comprising two tenures. One tenure was acquired by cash purchase of $3,000, and the second tenure was acquired by staking. The acquired tenures hold historical reported low-level geophysical and geochemical anomalies, and in one instance, historically reported mineralization (MINFILE 092ISE190). These tenures are contiguous with our Logan copper property, which now totals 91 tenures (of which 88 are contiguous) covering approximately 41,250 hectares .
The Company has received permits to commence surface drilling on the Logan Copper property. We have entered into a contract with a diamond driller, and commenced drilling today. Our initial drill target is a Mobile Metal Ion (�MMI�) anomaly correlative with historical geophysical and geochemical anomalies.


Laurence Sookochoff, P.Eng, a Qualified Person by the standards of National Instrument 43-101, has reviewed and approved the technical contents of this up-date on the Logan Copper property. Historically reported exploration results, including historically reported anomalies and mineralization have not been verified by the Company, and the reader is cautioned that they may not be relied upon.


Keystone property, British Columbia
Further to our press release dated August 18, 2008, the Company announces that it does not expect to conduct an exploration program on the Keystone property this year.

ON BEHALF OF THE BOARD OF DIRECTORS OF
SNL ENTERPRISES LTD.

�Thal S. Poonian�
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.



http://www.wilinkclient.com/mssgTrkr.asp?c=8876&r=2498588

SnL Enterprises Ltd.

CODE : SNL.V
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SnL Enterprises est une société d’exploration minière d'argent et d'or basée au Canada.

SnL Enterprises détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont ANYOX MINING CAMP et MANN / DUFF TWP au Canada.

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Projets de SnL Enterprises Ltd.
24/09/2008(Mann / Duff Twp)RESULTS ON MANN PROJECT/LOGAN LAKE DRILL STARTS
10/03/2008Kitsault Moly Property 2007 Results
10/03/2008(Anyox Mining Camp) Copper Pendant007 Exploration Results
Communiqués de Presse de SnL Enterprises Ltd.
18/08/20082008 Exploration Update
23/05/2008Acquires Property
27/03/2008 Property Acquisition
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