Spider Resources Inc.

Spider Resources Inc.

September 04, 2009 09:00 ET

Spider Resources Inc. to be Featured on CEO Clips Airing on BNN

TORONTO, ONTARIO--(Marketwire – SEPT. 4, 2009) - Spider Resources Inc. (TSX VENTURE:SPQ), is please to announce that CEO Clips, a series of 1-2 minute corporate profiles on Canadian companies, will feature Spider on BNN beginning Monday Sept 7, 2009 running through the following schedule Sept 7-13, Sept 28 - Oct 4, Oct and Oct 5-11. It can also be viewed online via this link: www.b-tv.com/i/videos/BNNSpider.wmv

In addition it will be posted on Yahoo Finance Canada, stockhouse.ca and MSN Finance as well as www.ceoclips.com.

About BNN
Business News Network (BNN) is Canada's only all business specialty channel with real time coverage of global market activity from a Canadian perspective.

About Spider Resources Inc.

Spider Resources Inc. is the Pioneer Exploration Company in the James Bay Lowlands of Northern Ontario, exploring this area since 1993. Spider's exploration team was responsible for the discovery of three kimberlites (MF1, MF2 and Good Friday) within a few kilometres of Ontario's first diamond mine Victor, owned and operated by De Beers Canada. The same team discovered five Proterozoic aged (Paleozoic covered) Kimberlites (Kyle 1 – 5) located 100 kilometres to the west of Victor. Regional diamond exploration by Spider in joint venture with KWG and De Beers lead to the discovery of McFauld's Lake Volcanogenic Massive Sulphide ("VMS") deposits (1 and 3) in 2002-03, as well as 8 other VMS occurrences spawning what has become the McFauld's – Ring of Fire Exploration Area. Geophysical surveying and other exploration efforts as initially conducted by Spider (et. al.) formed the exploration data-set that lead to the first discovery of Chrome in the area in 2006 as well as the Eagle One Magmatic Massive Sulphide Deposit in 2007, located 4 kilometres to the west of the Big Daddy Chrome discovery first identified in 2006. Spider Resources Inc. is a Tier 2 Canadian exploration company, quoted for trading on the TSX Venture Exchange under the symbol SPQ. There are currently 389,545,100 shares issued in Spider. Spider has approximately $4.4 million in working capital at present.

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