Scarlet Resources Ltd.

February 24, 2010 18:00 ET

Scarlet Resources Reports Termination of Property Option

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 24, 2010) - Scarlet Resources Ltd. (CNSX:SCT) reports that it has not met the option exercise payment schedule relating to the Ches Cu-Mo-W Property located in the Omineca Mining Division in central British Columbia and therefore, the option agreement pertaining to this property has terminated. Management has decided instead to focus on the acquisition of United Mine Services, Inc. which was announced in Scarlet's news release of February 5, 2010.

On Behalf of the Board of Directors,

Scarlet Resources Ltd.

"Robert Bick"
Robert Bick
CEO, President and Director

The Canadian National Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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