Supreme Resources Ltd.
TSX VENTURE : SPR

Supreme Resources Ltd.

September 29, 2010 17:12 ET

Supreme Resources Announces Resumption of Drilling at the Verde Project

Sulphide Mineralization Encountered

COQUITLAM, BRITISH COLUMBIA--(Marketwire - Sept. 29, 2010) - SUPREME RESOURCES LTD. (the "Company") (TSX VENTURE:SPR) (OTCBB:SPRWF) is pleased to announce the resumption of drilling at the Verde Project on September 23, 2010. Drill hole V10-04 was completed to a depth of 49.38 metres and contained fine-grained disseminated and fracture related sulphide mineralization. The drilling is designed to test the copper-silver-gold mineralization exposed in Trench 1 at the Verde Project. To date, 310 metres of a 500 metre program have been completed.

The Verde Project is located 14 kilometres south of Princeton, British Columbia and adjacent to the east of the holdings of Copper Mountain Mining Corporation's Copper Mountain Mine. The current 2010 measured and indicated resources at the Copper Mountain mine are 518.6 million tons of 0.31% copper containing 3.2 billion pounds of copper with gold-silver credits. The Copper Mountain mine is 75 percent owned by Copper Mountain Mining Corporation and 25% owned by Mitsubishi Materials Corporation. The construction of the Copper Mountain mine is on schedule for production in June of 2011.

The drill hole data is as follows:

Drill Hole   Easting   Northing   Zone   Elevation (metres asl)   Azimuth   Inclination   EOH (metres)
V10-01   682757   5470399   10N   1119   214   -65   122.53
V10-02   682762   5470398   10N   1119   186   -61   51.56
V10-03   682766   5470398   10N   1119   170   -61   85.95
V10-04                   214   -64   49.38

Drill holes V10-01 and V10-02 have been logged and sampled, and the samples submitted to Eco Tech Laboratory Limited of Kamloops, British Columbia for analysis. Logging and sampling of the remaining drill holes is in progress.

Grant F. Crooker, P.Geo. (geologist) is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.

ON BEHALF OF THE BOARD

Allan Levien, President and Chief Executive Officer

About Supreme Resources Ltd.:

Supreme Resources Ltd. (TSX VENTURE:SPR) is a junior exploration company with advanced base and precious metals projects located in producing mining districts of British Columbia, Canada. Supreme Resources' goal is to increase shareholder value by developing exploration projects that have the potential of becoming new discoveries.

Website: www.supremeresourcesltd.com

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company's securities set out herein in the United States, or to, or for the benefit or account of, a U.S. Person or person in the United States.

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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