Business
SUPREME RESOURCES LTD. ANNOUNCES AMPLE GOLD MAX EXPLORATION PROGRESS REPORT
May 18, 2011 (TheNewswire.ca) -- SUPREME RESOURCES LTD. (SPR.V- SPRWF-OTC)(the "Company") is...
About this update from Super Lithium Corp.
[{"type":"text","content":"\nSUPREME RESOURCES LTD. ANNOUNCES AMPLE GOLD MAX EXPLORATION PROGRESS REPORT\n\n May 18, 2011 (TheNewswire.ca) -- SUPREME RESOURCES LTD. (SPR.V- SPRWF-OTC)(the \"Company\") is pleased to provide an update on its 2011 exploration program on its 100% wholly owned Ample Goldmax Property.The Ample Gold Max property is located 8 kms west of Lillooet, BC along Highway 99 South, better known as the Duffy Lake Road. The property comprises 294 units, or 5,828 hectares (5.82 sq km)As previously announced in February 2011 the company commenced a Soil Geochemical Survey on the property. (See News Release dated February 17, 2011 \"New Quartz Vein and Adits Discovered at Ample Gold Max\")A soil geochemical survey was completed over an area of 1600 meters by 700 meters, with soil & rock samples taken at intervals of 20 meters.The survey was conducted on the North Seton Lake side of the property in close vicinity to the newly discovered quartz vein as previously announced in February 17, 2011.The samples have been shipped to the labs for analysis, the results will be forthcoming.The survey is expected to define and establish gold trends within this new area on the property.The Ample-Goldmax Property has an established trend of mineralized zones along theCayoosh Creek Fault for more than 3 kms.Many of the mineralized zones like the Ample-Goldmax, Bonanza Ridge zones display visible free gold and abundant sulphide lenses, along a strike length of showings over 1km in length.Ample Gold Max property has returned gold values of up to 66.34 grams /tonne (2.13 ounces gold /tonne). (See News Release dated February 28, 2008 \"Ample-Goldmax 2008 Exploration Program\")Previous drilling results by Homestake and Gold Ore include an 8.2m intersection with11.76g/t gold, 4.5g/t Au over 7.2m, 9.5g/t Au over 1.5m, and 3.9g/t Au over 5.0m. (SeeNews Release dated February 26, 2008 \"Ample Gold Max Exploration.)Supreme's drill hole AG-08-38, which was a \"twin\" to Homestake's hole AG 96-07intersected 6.05m of strongly quartz-veined greenstone and graphite phyllite from30.12m to 36.17m, accompanied by arsenopyrite, pyrite, and pyrrhotite.Visible gold was observed at two locations within the AG-08-38 drill core. (See News Release dated September 25, 2008 \"More Visible Gold Encountered At Ample-Goldmax\")A 43-101 Technical Report dated July 24, 2007 written by Ms. ...