Supreme Resources Ltd.

Supreme Resources Ltd.

March 25, 2010 09:30 ET

Supreme Resources Ltd. Acquires Chalco Property

COQUITLAM, BRITISH COLUMBIA--(Marketwire - March 25, 2010) - Supreme Resources Ltd. (TSX VENTURE:SPR) wishes to announce that it has acquired by purchase and staking the Chalco property situated near Hayes Creek, approximately 10 kilometers east of Princeton BC. The claims lie adjacent to placer gold claims on Similkameen River and Hayes Creek.

Three claims were purchased from Steven Lawes; these cover a number of mineralized showings described as the Elaine showing (Minfile 092H SE-199), originally part of the Shamrock Group of showings, from which a small shipment of high grade copper was recorded in the past. 

The claims are underlain by Upper \Triassic Nicola Group sediments, intruded on the east by intrusive rocks of the Early Jurassic Bromley batholith. Porphyry or skarn related copper mineralization occurs as malachite staining on rock faces and within a short adit. Values from selected samples (among others of lower value) taken by the property vendor are up to 12 % copper and 2.7 oz/ton silver. As selected samples these may not be representative of the average grade of the mineralization.

A 24 cell claim (Chalco East) was staked to cover the adjacent part of the Bromley batholith. A small work program of prospecting and mapping is suggested.

This press release has been reviewed for compliance by Barry.J. Price, P.Geo, Qualified Person.


Allan Levien, President

This 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 risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

Neither 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 release.

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