Business
SUPREME RESOURCES LTD. COMPANY UPDATE
SUPREME RESOURCES LTD. COMPANY UPDATE
About this update from Super Lithium Corp.
[{"type":"text","content":"\nSUPREME RESOURCES LTD. COMPANY UPDATE\n\n\n Aug. 24, 2010 (TheNewswire.ca) -- The Directors are pleased to announce that diamond drilling is slated to commence on the company's Copper Mountain properties. The diamond drilling will be testing previously identified geochemical and geophysical targets on both the Verde and TAS projects. A Titan 24 survey was conducted over the western half of the TAS property last year. The primary objective of the survey was to locate potential copper mineralization targets to a depth of 750 meters. Over the TAS area, potentially related to the mineralization found at the Copper Mountain Mine located adjacent to the TAS Project.Based on the 2D inversion results, the potential targets are prioritized as \"High\", \"Medium\" and \"Low\" based on their chargeability values, resistivity regime, size and depth below the surface. In total, twelve (12) targets are classified as high priority, to be followed up by a diamond drilling campaign or trenching (where anomalies reach the surface), nine (9) anomalies are of medium priority and seven (7) are low priority targets.Trenching is currently underway on some of these targets. Diamond drilling should begin late Wednesday of this week.Further news will be forthcoming in the near future.ON BEHALF OF THE BOARD\"Allan Levien\"____________________________Allan LevienPresidentContact: Allan Levien CEO/President(604) 941 [email protected] Supreme Resources Ltd (OOTC:SPRWF) (TSXV:SPR) :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 Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this releaseThis news release may contain certain \"Forward-Looking Statements\" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various ri...