Supreme Resources Ltd.: Impressive Sampling Results at Law's Camp
20 10월 2011 - 12:28AM
Marketwired
Supreme Resources Ltd. (TSX VENTURE:SPR) (OTCBB:SPRWF) ("the
Company") is pleased to announce the results of a
Prospecting/Examination of the Company's mineral claims situated
within the historic Law's Camp, 31 km NW of Princeton, British
Columbia. Together with twelve reverted crown grants and several
other mining claims acquired over the past year, the area now
encompasses 333.8246 Ha within the historic mining camp.
The claims are generally underlain by upper Triassic Nicola
group volcanics and sediments including massive crystalline
limestone (marble), shists and limy sediments.
The Nicola Gp rocks are in proximity with intrusive rocks of the
Eagle Intrusive Complex.
Sulphides consisting of pyrite, pyrrhotite and sphalerite with
associated copper, lead, silver and gold, historically form pods
and lenses in the sediments.
Three samples were collected from two anastomosing structures or
veins about 4 m apart on the "Morning Sun " showing:
Sample: 438.1 across 1.2m assayed 4.3 g/t Gold, 2250 g/t Silver,
1.25% Lead.
Sample 438.2 across 1.4m assayed 1080 g/t Silver.
Sample 438.3 across 1.2m, and on the same structure as 438.2,
separated along strike by 3m, assayed 1.10 g/t Gold and 840 g/t
Silver.
Two samples were collected from a stockpile of approximately 100
tonnes of material believed to originate from the St George claim
and now stored on the St Lawrence claim:
Sample 452.1, was a composite sample collected from a variety of
boulders around the perimeter of the Stockpile. The sample assayed
, 26.2 g/t Gold, 304g/t Silver, 1.47% Copper.
Sample 452.2 was collected from a strongly pyritized boulder
within the stockpiled material. The sample assayed 12.9 g/t Gold,
186 g/t Silver.
Sample 458.1 was from a piece of cupriferous pyrite float on an
old mine dump from " the Liverpool" Claim. The sample assayed 1.23%
Copper.
Another sample, 444, was collected from some rusty roadside
intrusive rock near the presumed contact with Nicola Rocks.
Surprisingly the sample assayed 2.66 g/t Gold. The reader is
cautioned that this is only one sample, but its mode of occurrence
and location suggests additional precious metal potential in this
historical old mining camp.
Collectively, these samples cover approximately 1.2 km of strike
length over 5 historic showings, not all of which were sampled.
Clearly, there appears to be an excellent opportunity to
re-evaluate this historic old camp for precious metal potential
both in the old historic settings and to have a fresh new look at
the possibility of bulk tonnage precious metal potential associated
with the intruding rocks.
The technical content of this news release has been reviewed by
W.A. Howell, P.Geo., an independent "qualified person" within the
regulatory framework of National Instrument 43-101
Further news will be forthcoming in the near future.
ON BEHALF OF THE BOARD
Allan Levien, President
About Supreme Resources Ltd.:
Supreme Resources Ltd. is a junior exploration company with
advanced base and precious metals projects located in producing
mining districts of British Columbia, Canada. Supreme Resources'
goal is to increase shareholder value by developing exploration
projects that have the potential of becoming new discoveries.
Website: www.supremeresourcesltd.com
Statements in this press release other than purely historical
factual information, including statements relating to revenues or
profits, or the Company's future plans and objectives, or expected
sales, cash flows, and capital expenditures constitute
forward-looking statements. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and
uncertainties inherent in the Company's business, including risks
inherent in the technology history. There can be no assurance that
such forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on such statements. Except in accordance with
applicable securities laws, the Company expressly disclaims any
obligation to update any forward-looking statements or
forward-looking statements that are incorporated by reference
herein. This news release does not constitute an offer to sell, or
a solicitation of an offer to buy any of the Company's securities
set out herein in the United States, or to, or for the benefit or
account of, a U.S. Person or person in the United States.
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
Presidentwww.supremeresourcesltd.com
Supreme Resources Ltd. (TSXV:SPR)
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