Supreme Metals Corp. European Operations Update
14.03.2017 | FSCwire
Sudbury - Supreme Metals Corp. (the “Company” or “Supreme”) (CSE: ABJ)(FSE:A68) is pleased to update shareholders on its European initiatives in the Iberian Peninsula as well as its ongoing advancements in Morocco, North Africa.Spain
The Company is negotiating with a Spanish company that holds a permit on an area which contains a drilled-off lithium deposit with a 43-101 resource and hopes to be able to report more to shareholders as active talks reach a conclusion in the very near future.
Portugal
Supreme's partner Iberian Lithium Corp. (“Iberian”) will be submitting its applications which are being finalized now over 2 large target areas identified in the in-depth study conducted by Iberian, which yielded 34 principal areas of lithium anomalies including numerous instances of greisenised granited cupolas intersected by drilling.
These areas resemble the large Cinovec deposit in the Czech Republic.
Morocco
The Company's partner Green Energy Resources SARL is working closely with the relevant officials towards the granting of a concession in the exceptional Co-Ni Bou Azzer mining complex located in the plateau of the Draa region. Green Energy has narrowed in on specific assets that come with a meaningful data set which will be crucial in giving the Company a leg up as it begins work in the country.
About Supreme Metals
Supreme Metals Corp. (CSE: ABJ) (FSE:A68) is a Canadian based exploration company with a focused approach in the area of green and energy metals in the Western World adjacent to anticipated downstream manufacturing projects that will have a significant need for these metals.
On Behalf of the Board,
“Bob Komarechka”
CEO
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. There is no assurance the private placement, property option, change of board or reinstatement of trading referred to above will close on the terms as stated, or at all. The Company disclaims any intention or obligation to revise or update such statements.