SAEI Supatcha Resources Inc (CE)

DENVER, Sept. 9 /PRNewswire/ -- Supatcha Resources Inc. (OTC Bulletin Board: SAEI) ("Supatcha" or the "Company") is pleased to announce that it has mobilized a surface drill and has begun the diamond drilling segment of its exploration program at the Company's recently acquired Vynohradiv property in Barlevskoye Mining District, Ukraine.

The Vynohradiv property, including the Barlevskoye license, was the primary exploration asset Supatcha acquired in its acquisition in April 2010. A significant exploration plan will be undertaken at the Vynohradiv property. Historic drill results at Vynohradiv include 5.1 g/t Au across 2.1 meters. Supatcha's exploration objective is to confirm the existing resource and apply economic parameters as part of a preliminary study to determine the economic feasibility of the project. Geologic mapping of the property will also continue in order to better understand ore controls, for targeting purposes, and for geologic modeling.

Current drill data, preliminary metallurgical testing, and current gold prices indicate a low-cost gold mine could potentially be developed. Supatcha's exploration program will include in-fill, metallurgical, and geotechnical drilling to establish the continuity of gold mineralization, metallurgical characteristics, and engineering parameters of the deposit. Metallurgical characteristics of collected ore samples will be independently tested and analyzed.

Andrei Yasinskij, Supatcha's Chief Geological Advisor, said, "We are excited to begin our 2010 exploration and drilling program at the Vynohradiv property. Our analysis during the Zolotivorota acquisition due diligence indicated a sizeable economic deposit, and our objective with this exploration program is to confirm those indications and further expand the resource. Our drilling will focus on the Vyno-0061 project area, with exploration drilling on other targets within the property."

The Barlevskoye and Vynohradiv gold mine project is an advanced-stage gold property at the pre-feasibility level, strategically located in southwestern Ukraine. The property has an extensive exploration and drill history, including work by the Ukrainian Government beginning in the 1970s. A total of 65 holes have been drilled at the project.

About Supatcha Resources Inc. (OTC Bulletin Board: SAEI)

Supatcha Resources Inc. is a gold exploration company focused on acquiring and developing mineral properties in Ukraine. Supatcha is in the final stages of acquiring two additional gold mining projects, with world-class potential, in southwestern Ukraine.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.  Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the last reported fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

SOURCE Supatcha Resources Inc.