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SUPREME ACQUIRES STRATEGIC CLAIMS IN LAWS MINING CAMP
SUPREME ACQUIRES STRATEGIC CLAIMS IN LAWS MINING CAMP
About this update from Super Lithium Corp.
[{"type":"text","content":"\nSUPREME ACQUIRES STRATEGIC CLAIMS IN LAWS MINING CAMP\n\n\n Oct. 25, 2010 (TheNewswire.ca) -- SUPREME RESOURCES LTD. (the \"Company\" or \"Supreme\") is pleased to announce that it has acquired two crown granted mineral claims known as the St. George and St. Lawrence Property, located in the Similkameen Mining District. These claims were acquired from R. & J. Sparrow Enterprises Ltd. for $5,000 cash and the issuance of 25,000 shares.These latest acquisitions are adjacent to the mineral claims announced in a news release dated October 6, 2010. The St. Lawrence Claim was staked in 1900 by Charles L. Law and Associates, and all the early work was done on both the St. Lawrence Claim and the nearby St. George Claim, consisting of two shafts, an adit, and open cuts. The St. George Claim was explored by C. Law and the Similkameen Mining and Smelting Company between 1903 and 1913. A total of 27 tonnes were mined by C. Law in 1916, grading 34 grams per tonne gold, 533 grams per tonne silver and 0.394% copper (Minister of Mines Annual Report 1960, Page 51).Supreme now controls the majority of the properties that comprised the historical Law's Mining Camp situated on the west side of Lawless Creek and about three miles from the Tulameen River which was famous for its placer gold and platinum production. This area is one of the few places in the world that placer platinum occurs, although the source of the platinum has never been discovered. An exploration program is being planned with further news to be announced in the near future.In other developments the Company is currently diamond drilling the ‘TAS\" Project located adjacent to the Copper Mountain Mining Company which is slated to commence production in June 2011.ON BEHALF OF THE BOARDPer: \"Allan Levien\"Allan LevienPresident and Chief Executive OfficerContact: Allan Levien, CEO/PresidentTel: [email protected] Supreme Resources Ltd.:Supreme Resources Ltd. (SPR - TSX.V) 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.comNeither the TSX Venture Exchange nor its Regulation Se...