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Gold/Mining/Energy : KERM'S KORNER

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To: SofaSpud who wrote (10781)5/19/1998 8:53:00 PM
From: Herb Duncan  Read Replies (1) of 15196
 
FIELD ACTIVITIES / Snow Leopard Resources Well Drilled and Cased

TSE SYMBOL: SNW.A

MAY 19, 1998



CALGARY, ALBERTA--Snow Leopard Resources Inc. reports that the
Oiltec Empire et al Hartaven 13-36A-9-9 W2M well has been drilled
and cased to the Precambrian and completed as a flowing oilwell.
A lease battery is being built and the well will be on production
prior to month end. Snow Leopard has a sliding scale royalty
convertible to 24.3 percent working interest at payout. Further
drilling is planned for the area.

The Class A common shares of Snow Leopard are listed on the
Toronto Stock Exchange under the trading symbol SNW.A.
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