Supreme Critical Metals Secures Gold Springs 1 Option in Nevada

Supreme Critical Metals Inc. has acquired an option to achieve full ownership of the Gold Springs 1 Property in the Stateline Mining District, Lincoln County, Nevada, USA. The transaction involves a cash consideration of US$250,000 and the issue of 1,250,000 common shares to Stockworks Agency Inc. The contract grants Supreme exploration rights over the next four years, while Nevada Select Royalty, Inc. retains a 3% net smelter returns royalty on mineral production.

Gold Springs 1, an early-stage exploration site, presents potential with its historical gold and silver production. Located in a mineral-rich region with ongoing exploration, it could complement Supreme's diverse North American portfolio. The property features noteworthy geological structures, including the Tempa-Helen vein system and Miramonte zone. Supreme's CEO, George Tsafalas, highlighted this acquisition as part of the company’s strategy to expand their presence in promising jurisdictions.