Supreme Resources Ltd.
OTC Bulletin Board : SPRWF

Supreme Resources Ltd.

October 18, 2010 09:51 ET

Supreme TAS Trench Sampling- Encounters Higher-Grades

COQUITLAM, BRITISH COLUMBIA--(Marketwire - Oct. 18, 2010) - Supreme Resources Ltd. (TSX VENTURE:SPR) (OTCBB:SPRWF) is pleased to announce the completion of pre-drilling trench sampling program on the TAS project with higher-grade copper results related to fracture and disseminated-copper sulphide mineralization. The TAS North and South showings - a distance of 1,800 metres apart – are reporting grades averaging 0.15 % copper and 1.8 grams per tonne silver, with higher-grades of 0.80 % copper and 11.3 grams per tonne silver. The TAS project is located south of Princeton BC and is strategically located on the eastern claim boundary of Copper Mountain mine.

The current 2010 measured and indicated resources at the Copper Mountain mine are 518.6 million tons of 0.31% Cu containing 3.2 billion pounds of copper with gold-silver credits. The Copper Mountain mine is 75 per cent-owned by Copper Mountain Mining Corporation and 25 per cent-owned by Mitsubishi Materials Corporation. The construction of the Copper Mountain mine is on schedule for full production in 2011.

The TAS South showing is reporting grades averaging 0.199 % copper and 2.2 grams per tonne silver, with higher-grades of 0.803 % copper and 11.3 grams per tonne silver from 43 channel samples.

The TAS North showing is reporting grades averaging 0.102 % copper and 1.5 grams per tonne silver, with higher-grades of 0.269 % copper and 3.0 grams per tonne silver from 45 channel samples.

A new outcrop discovery of copper mineralization 100 metres to the southwest of the TAS South showing is reporting encouraging anomalous results of 682 ppm copper and 0.6 ppm silver from 6 channel samples.

Eco Tech Laboratory Limited of Kamloops BC, an accredited laboratory and subsidiary of Alex Stewart Group Ltd conducted the sample preparation and analysis on the channel samples. The sample analysis for gold was 30 gram fire assay/A.A. finish, and 35 element ICP analysis, aqua-regia digestion, ICPOES finish. The sample stream was subject to check analysis on repeat and re-split samples.

Grant F. Crooker, PGeo, (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.

Further news will be forthcoming in the near future.


Allan Levien, President

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.

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, Alberta 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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