Supreme Resources – Copper and Gold in BC

Overview

Supreme Resources is a diversified gold and base metal exploration company focused on the 100% owned TAS Project located in the Copper Mountain Mining Camp, next-door to the past-producing porphyry copper mines.  In addition, Supreme Resources also owns Ample-Goldmax property. Both projects are in British Columbia, Canada.

Chief Properties

TAS Project

The TAS Project is located in the Copper Mountain Mining Camp next-door to the past-producing porphyry copper mines near Princeton, British Columbia.  The TAS Project is adjacent to the Copper Mountain Mining Corporation’s property (Similco Mines).

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The Copper Mountain Mining Corporation property is undergoing extensive exploration for more copper-ore mineralization around the old open pits.  Deeper targets have been identified by a Titan 24 geophysical survey.  Drilling of the targets has intersected new copper mineralization below the old pits.

The TAS project adjoins the Copper Mountain Mining Corporation (TSX: CUM) property on its southeast claim boundary. The Copper Mountain Project has a current resource of approximately 5 billion pounds of copper and it is Copper Mountain’s goal to develop the Copper Mountain Project as a mid tier copper and precious metal mine to produce approximately 100 million pounds of copper per year by mid 2011. The Camp’s Main Orebody Trend (CMOT), along with the deep-Titan 24 targets, trend towards Supreme Resource’s TAS claim.
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The TAS Project has sixteen high priority-porphyry copper (silver-gold) exploration targets for further exploration – these have a reasonable chance for the discovery of a new Copper Mountain porphyry-type deposit.

Ample-Goldmax Property

Exploration on the 100% owned Ample-Goldmax Property since the early 1990s has established a trend of mineralized zones along the Cayoosh Creek Fault for more than 3kms, with the most promising area, the Ample-Goldmax Zone, partially defined by drill programs by Homestake Canada Inc. and Gold-Ore Resources Ltd. from 1996 to 1999.  Total drilling was 5,506m in 37 drill holes, with over $1.0 million spent on exploration.

Supreme Resources

Many of the mineralized zones display visible free gold and abundant sulphide lenses, along a strike length of showings over 1km in length as reported by earlier workers.  Gold grades range from trace to more than 66g/t gold in quartz veins.

Historical drill results include:

  • 8.2m of 11.76g/t gold
  • 7.2m of 4.5g/t gold
  • 1.5m of 9.5g/t gold
  • 5.0m of 3.9g/t gold
  • 21.0m of 2.75g/t gold
  • 12.0m of 2.49g/t gold

Management

  • Mr. Allan E. Levien, President, Chief Executive Officer and Director, brings to the Company extensive business and corporate expertise.  As an entrepreneur since the 1960s, Mr. Levien has been involved in a number of successful self-started and managed ventures in the hotel and automotive sales sectors.  He has been President of Supreme since December 2006.
  • Mr. John D. Davies, Chief Financial Officer, Corporate Secretary and Director, has over 30 years corporate and investor relations experience in the mining industry.  Mr. Davies currently serves as an Investor Relations Consultant for Molycor Gold Corp., a Canadian junior resource company engaged in the acquisition, exploration and development of gold, silver, molybdenum, copper and PGM properties, focusing on gold in Nevada and molybdenum in British Columbia.  He also serves as a Consultant for Consolidated Spire Ventures Ltd., a Canadian junior exploration company focused on gold and silver exploration in Canada and Mexico.
  • Mr. Dennis M. Vigouret, Director, has over 35 years experience in the mining and oil & gas industries.  During his career, he has formed and brought to market on the Vancouver Stock Exchange a number of companies including Tandem Resources, Dual Resources, Trio Resources, Armour Resources, Justen Resources and Abbaton Resources.
  • Mr. William A. Percy, Consultant has over 48 years experience in the mining industry.  Twenty-nine years ago, Mr. Percy founded the Company (then known as Strata Energy Corp.) and has worked diligently over the years, with various management teams, to ensure Supreme Resources grows to its full potential.