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Supreme Drills Up to 1.23 % Copper, 132 grams Silver on Verde at Copper Mountain

Written by Investing News Network
|
Jan. 27, 2011 10:18AM PST

Supreme Resources Ltd. (CVE:SPR,PINK:SPRWF) reports the completion of eight drill holes (V1001-V1008) at the Verde project.

Supreme Resources Ltd. (TSXV:SPR,PINK:SPRWF) reports  the completion of eight drill holes (V1001-V1008) at the Verde project.

The press release is quoted as saying:

The high overall silver values are of particular interest, highlighted by 132 grams/tonne silver (4.19 oz/t ) over 0.72 metres (0.96-1.68 metres) in drill hole V1004 and 32.2 grams/tonne silver (1.02 oz/t ) over 0.76 metres (1.22-1.98 metres) in drill hole V1006.

The copper-silver mineralization at the Verde project is associated with a northeast-southwest trending copper-silver soil geochemical anomaly. The soil geochemical anomaly extends 200 metres northeast and 100 metres southwest of the 2010 drilling and is open to the northeast. Supreme plans an early spring trenching program to extend the mineralization in drill holes V1004-V1007, followed by a program of core drilling.

Supreme Resources’ President and CEO, Al Levien says:

“We are very pleased with the Verde results; overall the Verde grades are comparable to Copper Mountain’s average of 0.31% copper. The company is looking forward to receiving the TAS results.”

Click here to access the entire news release.

Click here to access Supreme’s company profile.

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