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Supreme Resources Ltd
Symbol SPR
Shares Issued 39,403,096
Close 2010-10-15 C$ 0.12
Market Cap C$ 4,728,372
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Supreme Resources samples 0.80% Cu, 11.3 g/t Ag at TAS

2010-10-18 10:01 ET - News Release

Mr. Allan Levien reports

SUPREME TAS TRENCH SAMPLING- ENCOUNTERS HIGHER-GRADES

Supreme Resources Ltd. has completed predrilling trench sampling program on the TAS project with higher-grade copper results related to fracture and disseminated-copper sulphide mineralization. The TAS North and South showings -- a distance of 1,800 metres apart -- are reporting grades averaging 0.15 per cent copper and 1.8 grams per tonne silver, with higher grades of 0.80 per cent copper and 11.3 grams per tonne silver. The TAS project is located south of Princeton, B.C., and is strategically located on the eastern claim boundary of Copper Mountain mine.

The current 2010 measured and indicated resources at the Copper Mountain mine are 518.6 million tons of 0.31 per cent Cu containing 3.2 billion pounds of copper with gold-silver credits. The Copper Mountain mine is 75 per cent owned by Copper Mountain Mining Corporation and 25 per cent owned by Mitsubishi Materials Corporation. The construction of the Copper Mountain mine is on schedule for full production in 2011.

The TAS South showing is reporting grades averaging 0.199 per cent copper and 2.2 grams per tonne silver, with higher grades of 0.803 per cent copper and 11.3 grams per tonne silver from 43 channel samples.

The TAS North showing is reporting grades averaging 0.102 per cent copper and 1.5 grams per tonne silver, with higher grades of 0.269 per cent copper and 3.0 grams per tonne silver from 45 channel samples.

A new outcrop discovery of copper mineralization 100 metres to the southwest of the TAS South showing is reporting encouraging anomalous results of 682 ppm (parts per million) copper and 0.6 ppm silver from six channel samples.

Eco Tech Laboratory Limited of Kamloops B.C., an accredited laboratory and subsidiary of Alex Stewart Group Ltd., conducted the sample preparation and analysis on the channel samples. The sample analysis for gold was 30-gram fire assay/AA finish, and 35-element ICP analysis, aqua-regia digestion and ICPOES finish. The sample stream was subject to check analysis on repeat and resplit 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.

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