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Canadian Mining list



Canadian Mining list > if you have any good sector news to post > SPR.V News View modes: 
  • SPR.V News

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    December 20, 2010                                                                                                        
    SPR – TSX.V

     

     

    Supreme Resources to Join OTC Markets 2011

    Provides Company Update

     

     

    SUPREME RESOURCES LTD. (the “Company”) wishes to announce that applications have been submitted to the Securities Exchange Commission (SEC) to be quoted & reporting on the OTC Securities Market of the USA.

     

    OTC Markets Inc., operates the world's largest electronic interdealer quotation system for broker-dealers to trade unlisted securities. It is organized into three tiers based on the level of disclosure: OTCQX, OTCQB and Pink Sheets.

     

    When completed, USA & International investors will be able to find news, current financial disclosure and Real-Time Level 2 quotes for Supreme Resources Ltd. on www.otcmarkets.com

     

    The OTC Markets Inc. located in New York, NY USA operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange.

     

    The company believes that the superior information and visibility of the OTC marketplace will allow the company to efficiently build investor confidence and expand Supreme’s shareholder base.

     

    The company expects to be quoted on the OTC Markets in early 2011.

     

    Assays from the TAS & Verde Projects

     

    Further to the company’s news release dated Nov 8, 2010, announcing the completion of the drilling programs on the TAS & Verde Projects, located in the Copper Mountain Mining Camp, Princeton, BC., all cores from the diamond drilling program have been submitted to Eco Tech Laboratory Ltd. of Kamloops, B.C., an accredited laboratory and subsidiary of Alex Stewart Group Ltd. for analysis and the results are pending.

     

    The TAS properties are located next to, and adjoining the Copper Mountain Mining Corporation’s property on its southeastern boundary of Copper Mountain’s Oriole and Rifle areas particularly TAS North.

     

    The Verde Project is located 4 kms northeast of Copper Mountain Mining Corporation’s Copper Mountain mine.

     

    The company wishes to express particular and notable interest in the recent core assays released by Copper Mountain Mining Corporation (CUM.T) on their 20 diamond drill holes completed in the Oriole and Rifle areas of the Copper Mountain project. As disclosed on Stockwatch December, 13, 2010 “Copper Mountain drills 1.99% Cu over 13.6 m

    http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCUM-1790968&symbol=CUM®ion=C

     

    Allan Levien, CEO states “that considering proximity and location of Supreme’s TAS& Verde properties to the Oriole & Rifle areas of Copper Mountain Mining Corp., we are all looking forward to receiving the results from the 12 diamond drill holes completed on the company’s properties”.

     

    The company expects all assay results from the TAS & Verde properties to be available and released in early 2011.


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