VANCOUVER, BRITISH COLUMBIA ("Snowfield") has received initial results from the Saskatchewan Research Council ("SRC") laboratories with respect to the processing of 1,044 kg. of kimberlite from the top sill level of the Mud Lake kimberlite. The results are as follows:


Sample #        SWT      Sieve      Macro      Micro          Wt+      Wt-
TICHO ONE XR   1044        850          2          0       8.5672        0
TICHO ONE GT 2   NA        850          2          0      13.3225        0
Total carats in this group is: 0.10945

Sample Number: TICHO ONE XR
Original Sample Weight in kilograms (SWT)                             1044
Bottom Sieve Size in microns (Sieve)                                   850
Diamonds greater than 500 microns (Macro)                                2
Diamonds less than 500 microns (Micro)                                   0
Weight of Diamonds greater than 500 microns in milligrams (Wt+)     8.5672
Weight of Diamonds greater than 106 microns less than 500
 microns in milligrams (Wt-)                                             0

--------------------------------------------------------------------------
                                                    Total
                                     Individual   Diamond
Fraction                                Diamond Weight in  Diamond
Size     Diamond Length Width Height     Weight Fractions  Description
--------------------------------------------------------------------------
Microns    Count     mm    mm     mm         mg        mg
--------------------------------------------------------------------------
+1180          1   2.00  1.84   1.40     4.7943    8.5672  Yellow, clear,
                                                           octahedron,
                                                           stepped/ribbed,
                                                           serrate
                                                           laminae, etched
                                                           trigons.
--------------------------------------------------------------------------
+1180          1   1.90  1.78   1.20     3.7729            White, clear,
                                                           fragment,
                                                           hillocks.
--------------------------------------------------------------------------
Total octacarats in this sample is: 4,283,600.00

Sample Number: TICHO ONE GT 2
Original Sample Weight in kilograms (SWT)                               NA
Bottom Sieve Size in microns (Sieve)                                   850
Diamonds greater than 500 microns (Macro)                                2
Diamonds less than 500 microns (Micro)                                   0
Weight of Diamonds greater than 500 microns in milligrams (Wt+)    13.3225
Weight of Diamonds greater than 106 microns less than 500
 microns in milligrams (Wt-)                                             0


--------------------------------------------------------------------------
                                                    Total
                                     Individual   Diamond
Fraction                                Diamond Weight in  Diamond
Size     Diamond Length Width Height     Weight Fractions  Description
--------------------------------------------------------------------------
Microns    Count     mm    mm     mm         mg        mg
--------------------------------------------------------------------------
+1180          1   2.00  1.56   1.44     8.7218   13.3225  Colorless,
                                                           clear, thh,
                                                           resorbed,
                                                           hillocks.
--------------------------------------------------------------------------
+1180          1   1.84  1.60   0.84     4.6007            White, clear,
                                                           octahedron,
                                                           broken,
                                                           serrate laminae,
                                                           lamination.
--------------------------------------------------------------------------
Total octacarats in this sample is: 6,661,250.00

Snowfield awaits the results from the balance of the concentrate being processed by DeBeers Laboratory in Johannesburg, South Africa. These results are expected in late March or early April, 2008.

On behalf of the Board of Directors,

Snowfield Development Corp.

Robert T. Paterson, President and Director

Shares Issued: 89,708,455

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

Contacts: Snowfield Development Corp. Robert T. Paterson President and Director (604) 681-5720 or Toll Free: 1-800-859-6463 (604) 681-6937 (FAX) Email: communications@snowfield.com Website: www.snowfield.com

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