Supatcha Resources Inc. (SAEI)

[GoldHitter]

NEWS: Supatcha Resources Signs Definitive Agreement and Acquires Advanced Staged Balka Skyrokaya Gold Property
Denver, CO -- Supatcha Resources Inc. (OTCBB:SAEI - News) ("Supatcha" or the "Company") announces today it has signed a definitive agreement to acquire a 50% vested title interest in Balka Skyrokaya gold property located in the Ukraine.

Supatcha will pay the owners of the property a total of US$2,000,000 over four years. The Company will also complete work on the property in the amount of $5,000,000 over five years, with $500,000 being spent on the property in the first year of the agreement. After earning the 50% interest, Supatcha can then acquire an 90% interest by making additional cash payments of $1,500,000 over four years and completing additional work on the property in the amount of $3,000,000 over four years. All payments and work may be made or done at the sole discretion of Supatcha.

BALKA SKYROKAYA GOLD PROPERTY:

• Property centrally located in Nikopol mining district with road access and electrical power close-by.
• 282 drill holes for 93 km of core with 11,764 assays of ore zones
• Exploration shaft to a depth of 168.4
• Gold zones are tabular near vertical veins hosted in altered mafic and felsic volcanics with interbedded iron formation
• Drilling of mineralization today concentrated on 100m by 150m grid to a depth of 450m
• Deepest intersection of zones at a depth of 700m
• Average grade of mineralization: 5.71 g/T Au
• P1 resource = 6.5 million tonnes with 1.3 million ounces
• P1 + P2 resource = 10.1 million tonnes with 1.8 million ounces
• P1+P2+P3 resource = 17.1 million tonnes with 3.1 million ounces


Work Program

Over the next several weeks, Supatcha is planning to review all the historical information, re-log and possibly resample some of the drill core from previous operators. We also plan to digitize the drilling and underground data to confirm the historical estimated tonnages and to confirm the known drill targets. It is expected that the next surface drill program should be underway in early spring of 2010.

Mr. Andrei B. Yasinskij is Supatcha's Chief Geological Advisor and is the qualified person for the exploration and development of the Balka Skyrokaya Project. Mr. Yasinskij will be responsible for all of the technical reporting in compliance with NI 43-101.

With the acquisition of the Balka Skyrokaya gold properties, Supatcha has three key assets in its portfolio:

1) Barlevskoye and Vynohradiv Gold Mines (90%)
2) Maiskoe Gold Mine (98%)
3) Balka Skyrokaya Gold Mine (50%)
This message was sent by: Michael Berry, 1400 16th Street, Suite 400, Denver, CO 80202

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