Supreme Resources Ltd. (TSX VENTURE:SPR) (OTCBB:SPRWF) has announced the completion of pre-drilling 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 % copper and 1.8 grams per tonne silver, with higher-grades of 0.80 % copper and 11.3 grams per tonne silver. The TAS project is located south of Princeton BC 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% 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 % copper and 2.2 grams per tonne silver, with higher-grades of 0.803 % copper and 11.3 grams per tonne silver from 43 channel samples.
The TAS North showing is reporting grades averaging 0.102 % copper and 1.5 grams per tonne silver, with higher-grades of 0.269 % 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 copper and 0.6 ppm silver from 6 channel samples.
Eco Tech Laboratory Limited of Kamloops BC, 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/A.A. finish, and 35 element ICP analysis, aqua-regia digestion, ICPOES 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.
Source: Supreme Resources Ltd.