SAEI Supatcha Resources Inc (CE)

DENVER, Oct. 4 /PRNewswire/ -- Supatcha Resources Inc. (OTC Bulletin Board: SAEI) ("Supatcha" or the "Company") is pleased to announce results from the Phase 1 drill program on its 90%-owned Barlevskoye gold property in the Barlevskoye Mining District in the western part of Ukraine. A total of 50 samples were selected under the direction of Mr. Andrei Yasinskij, Chief Geological Advisor on the Barlevskoye exploration program. This initial drill program has produced gold assay results in all 50 selected samples, with nine of the samples exhibiting particular significant interest.

Highlights from the Barlevskoye targets include Drill Hole #1586 that returned grading of 32.64 grams per tonne gold, Drill Hole #1588 was sample graded at 26.30 grams per tonne gold, Drill Hole #1658 @ 14.40 g/t gold, Drill Hole #1674 @12.29 g/t gold, Drill Hole #1795 @ 11.88g/t gold, Drill Hole #1767 @ 15.66 g/t gold, Drill Hole #1802 @ 22.36 g/t gold, Drill Hole #1823 @ 28.44 g/t gold and Drill Hole #1902 @ 24.10 g/t gold. These drill sample results continue to indicate and confirm extensive high grade gold concentrations within the Barlevskoye projects.

Samples are shipped to the FDS Laboratory (a certified analytical lab) in Almaty, Kazakhstan. At the lab the samples are crushed 70% to 10 mesh. This material is split and 250 g is designated a pulp while the remaining crushed sample is designated a reject. The 250 g pulp is further pulverized 90% to -150 mesh. From this material, a 20 g sample is analyzed by Fire Assay (F.A.) and Atomic Absorption (A.A.) finish, for assays ranging between 2 and 10,000 ppb (10 g) maximum. If analyses are greater than 10,000 ppb a second sample is automatically re-split from the coarse reject and a 1 Assay Tonne is re-assayed by Fire Assay and Gravimetric Finish.

Mr. Yasinskij states, "We are extremely pleased with the initial set of results and are encouraged that our increased detailed sampling has shown this improvement in grade of the Barlevskoye gold mineralization. The results confirm our own high expectations of the properties and will definitely facilitate the development of our operations and facilities, as interest and commitments to our project continue to grow. Our extensive drill program is continuing on the Barlevskoye project and additional assay results will be made public as soon as they are available."

The content of this release has been reviewed and verified by the Company's geological staff, Mr. Andrei Yasinskij, a "Qualified Person" for the purpose of NI 43-101.

To ensure reliable sample results, Supatcha Resources uses a quality assurance/quality control program that monitors the chain-of-custody of samples and includes the insertion of blanks, duplicates, and certified reference standards in each batch of samples. Core is photographed and sawn in half with one half retained in a secured facility for verification purposes. Sample preparation (crushing and pulverizing) is performed at an independent certified laboratory. Prepared samples are direct-shipped to certified laboratories. Pulp splits of mineralized intervals are re-assayed at certified independent referee laboratories.

About Supatcha Resources Inc. (OTCBB: 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.