Superior Canadian Resources Inc.
TSX VENTURE : CAD

Superior Canadian Resources Inc.

November 19, 2007 13:34 ET

Superior Canadian Commences Diamond Drilling

CALGARY, ALBERTA--(Marketwire - Nov. 19, 2007) - Superior Canadian Resources Inc. (TSX VENTURE:CAD) THE COMPANY HAS EXECUTED A SECOND DIAMOND DRILL CONTRACT bringing the total contracted meters to 3,000 of drilling on its O'Sullivan Lake gold project.

The present diamond drill program consists of two diamond drilling rigs focused on testing the extensions of the gold bearing structures on strike and down dip of the previously mined areas and continuation of the structures onto the 100 % owned Company lands.

The drilling operations are occurring on The Company's 100 % owned 27 staked claims and on contiguous patented lands hosting the past producing Consolidated Louanna Gold mine. The property is situated in the north-east portion of the Beardmore-Geraldton gold belt approximately 300 km north east of Thunder Bay Ontario.

(Visit the Company's website at www.superiorcanadian.ca for further details).

The diamond drilling program that has been designed by and will be under the direct supervision of Des Cullen P. Geol and Garry J. Clark P. Geol (QP - NI 43-101)

Closes Union Securities Flow Through financing:

The Company also is pleased to announce that the second closing of the "flow through" financing has occurred resulting in gross proceeds of $ 466,500. The Offering was fully subscribed selling through a private placement, 13,600,000 "flow through" units at $ 0.125 per unit, for total gross proceeds of $ 1,700,000.

Each unit was issued on a flow through basis and comprises of one common share of the Company issued on a flow through basis and one half of one share purchase warrant. Each whole warrant will be exercisable into one common share at a price of $ 0.20 per share for a period of 24 months from the date of issue of the warrant. The proceeds will be used for the diamond drilling program, on the O'Sullivan Lake gold project.

About Superior Canadian Resources Inc.

Based in Calgary Alberta, The Company has two mineral exploration projects (nickel, platinum, palladium, copper & gold) in Northwestern Ontario.

Should you wish to receive Company news via email, please email js@superiorcanadian.ca or visit Superior Canadian's website at www.superiorcanadian.ca.

Shares Outstanding: 47,437,918

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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