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stocktracker >  > SPR.V Supreme Resources View modes: 
  • SPR.V Supreme Resources

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    FYI

    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’s projects have had extensive exploration completed to date. The positive results are warranting further investment, exploration and development. The company intends to commence an aggressive & comprehensive drill exploration programs on their Gold, Silver & Copper projects in spring 2010.

     

    Projects

     

    Ample-Goldmax Gold Project, British Columbia

     

    During 1996 to 1999 Homestake Canada Inc. and Gold-Ore Resources Ltd. drilled 5,506 meters (16,404 feet) in 37 drill holes, and spent over $1.0 million on exploration on the Ample Goldmax Project.

     

    Many of the identified mineralized zones display visible free gold and abundant sulphide gold bearing lenses are along a strike length of mineralized showings over 1 km ( 0.62 miles) in length.

     

    Gold grades samples from quartz veins range from marginal to as high as 66.34g/t (2 .34 ounces per ton).

     

    Supreme’s previous drilling results included intersections grading 11.76g/t gold (0.414 opt) over 8.2m (26.9 feet), 4.5g/t (0.158 opt) gold over 7.2m (23.6 feet), 9.5g/t gold (0.335 opt) over 1.5m ( 4.9 feet) and 3.9g/t ( 0.137 opt) gold over 5.0m (16. feet).

     

    The company intends to further advance the Ample – Goldmax Gold Project with a drill survey to produce a 3D model and drilling program in 2010.

     

     

    TAS North & South Copper / Gold / Silver Project, British Columbia

     

    The TAS North Project is located on the same trend of © Copper Mountain Mining Corporation‘s Oriole discovery / deposit which contains 2,651,453 tonnes grading 0.44 % Cu, which is part of Copper Mountain’s  large PORPHYRY COPPER mine (5 Billion lbs Cu Resource)

     

    Supreme’s  previous exploration  results  identified 10.0m at 0.081% Cu, 1.62g/t Ag (east-west) and 11.0m at 0.113% Cu, 1.76g/t Ag (north-south) on the TAS North  and on the TAS South Project identified 10.0m grading 0.324% Cu and 3.64g/t Ag (north-south) 7.0m grading 0.203% Cu and 2.17 g/t Ag (east-west)

     

    The company is preparing to drill 5,000 m or 25 drill holes on the TAS project, to obtain further information regarding the grade and depth of the indentified Copper / Silver mineralization.

     

    The new data will also assist in determining if the TAS North project is of the same structure as of the Oriole Deposit owned by © Copper Mountain Mining Corporation.

     

     

    Verde Project Copper / Gold British Columbia

     

    Exploration is currently under way on the Verde project located 14 kilometers south of Princeton, B.C. and is bounded on the west and south by © Copper Mountain Mining Corporation.

     

    The company recently reported (April 7, 2010) samples of up to 0.49 % copper and 0.25 gram/tonne gold which indicated the copper mineralizing system at the Verde project is gold-bearing.

     

    The company is preparing for a 2000 m or 10 drill program to test the grade and depth of the indentified Copper / Gold mineralization.

     

     

     

    Trading Symbol: SPR-TSX.V

     

    Shares Issued: 36.9 M / 52 wk hi-lo:  $ 0.14 - $ 0.02

     

    Website: www.supremeresourcesltd.com

     



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