Supreme Resources Samples 9 Metres of 0.49% Cu at the Verde Project in the Copper Mountain Mining Camp of British Columbia
April 07 2010 - 12:00PM
Marketwired
Supreme Resources Ltd. (TSX VENTURE: SPR) (OTCBB: SPRWF) is pleased
to announce the results of rock sampling from the Main showing at
the Verde copper-silver-gold project located in the Copper Mountain
mining camp. Chip samples were taken at one to two metre intervals
over a strike length of 39 metres along an old trench exposing
copper mineralization. Malachite, chalcopyrite and magnetite occur
along fractures within moderately fractured diorite of the Voigt
stock of the Copper Mountain intrusions. Lesser chalcopyrite occurs
as fine disseminations within the diorite. Two narrow Mine dykes
(1.3 and 3.3 metres wide) cut the diorite.
The strongest copper-silver-gold mineralization occurs over the
first 14.5 metres (0-14.5 metres) and the last 3 metres (36-39
metres) of the trench. The section from 0 to 14.5 metres gave 0.34%
copper, 4.54 grams/tonne silver and 0.032 gram/tonne gold,
including 9 metres (2-11 metres) of 0.49% copper, 6.86 grams/tonne
silver and 0.046 gram/tonne gold. The section from 36 to 39 metres
gave 0.43% copper, 4.5 grams/tonne silver and 0.138 gram/tonne
gold, including 1 metre (36-37 metres) of 0.54% copper, 4.1
grams/tonne silver and 0.235 gram/tonne gold. The samples taken
from the remainder of the trench also gave anomalous copper
(0.06-0.34%), silver (0.3-3.2 grams/tonne) and gold (less than 5-90
ppb) values.
Two 1.4 metre wide chip samples taken from hand dug pits 12
metres south of the Main showing also gave anomalous copper (0.55
and 0.24%), silver (10.0 and 4.0 grams/tonne) and gold (0.250 and
0.235 gram/tonne) values.
Supreme is encouraged that anomalous copper, silver and gold
values are found over the entire 39 metre length of the trench at
the Main showing. The presence of up to 0.25 gram/tonne gold is
especially encouraging, as it indicates the copper mineralizing
system at the Verde showing is gold-bearing.
The Verde project is located 14 kilometres south of Princeton,
B.C. and is bounded on the west and south by Copper Mountain Mining
Corporation which is scheduled to resume production in 2011.
Eco Tech Laboratory Ltd. of Kamloops, B.C., an accredited
laboratory and subsidiary of Alex Stewart Group Ltd. conducted the
sample preparation and analysis. The sample analysis for gold was
30 gram fire assay geochem/A.A. finish, and 33 multi-element ICP
analysis, aqua regia digestion, AES finish. The sample stream was
subject to check analysis on repeat and re-split samples.
Grant F. Crooker, PGeo (geologist) is the qualified person as
defined by National Instrument 43-101 who supervised the
preparation and verification of the technical information in this
release.
Further news will be forthcoming in the near future.
ON BEHALF OF THE BOARD
Allan Levien, President
This news release may contain certain "Forward-Looking
Statements" within the meaning of Section 21E of the United States
Securities Exchange Act of 1934, as amended. All statements, other
than statements of historical fact, included herein are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the TSX-Venture
Exchange, the British Columbia Securities Commission and the US
Securities and Exchange Commission.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
Contacts: Supreme Resources Ltd. Allan Levien President (604)
941 3716 aelevien@supremeresourcesltd.com
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