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Gold/Mining/Energy : Santa Catalina Mining SLM.V

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To: Greywolf who wrote (28)	6/14/2001 6:35:35 PM
From: Greywolf	of 30

Completion Program - Sneddon, June 14, 2001 (SLM - CDNX) ... Santa Catalina Mining Corp. (the "Company") is pleased to announce that the completion program will be commencing shortly on the Sneddon deep gas well in northern Alberta. The well is currently cased and awaiting a service rig to begin completion on several gas zones. The planned program will begin by perforating the main Kiskatinaw sand which tested gas on an abbreviated Drill Stem Test. The completion program is designed to determine maximum flow rates and reserves on this zone. After the main sand is completed, work will move uphole to complete 2 additional sands (an upper Kiskatinaw sand for additional production, and the Bluesky for evaluation). It is anticipated that production can be brought onstream within 60 days of successful testing. Due to wellbore and regulation limitations, only 2 sands can be produced concurrently from any one well. Additional drilling locations are summer accessible and will be picked immediately following the completion program.

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