Supatcha Resources Announces Corporate Activities Update

DENVER, Nov. 2, 2010 /PRNewswire/ -- Supatcha Resources Inc. (OTC Bulletin Board: SAEIE) ("Supatcha" or the "Company") is pleased to provide the following exploration and corporate update.

Additional Drill Rigs Added at the Vynohradiv Gold Project

An additional diamond drill rig was mobilized to the Vynohradiv Gold Project ("Vynohradiv" or the "Project") in mid October. A total of three drill rigs are currently turning on site as part of the Company's 8-month drill program that commenced in September 2010 (see press release dated September 9, 2010).

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.

Corporate Update

'E' Removal Update

The "E" has been added to Supatcha's symbol due to complexity in the transfer of records from its recently acquired Maiskoe Gold Mine property in Odessa Oblast, Savaransky District, Southern Ukraine announced September 29, 2010, thus delaying the 2010 Q2 Report filing on Form 10-Q. The "E" designation was an indication reflecting the late filing of required reports and has not stopped or hindered the trading of the company's stock.

"This change in our symbol is only temporary and has changed nothing about our day to day operations or trading," says Nikolae Yagodka, CFO and Director of Supatcha. "We anticipate the 'E' to be removed in the coming week so we can keep all of our investors and potential investors completely up to date on our progress and abreast of our financial conditions as required by FINRA, there will be no change to our CUSIP number."

Working Partnerships

Our recent assay results announced on October 4, 2010 has attracted a substantial amount of interest from other junior and major mining companies. We have received an exorbitant amount of Acquisition and Joint Ventures proposals for our Barlevskoye and Vynohradiv projects, which we are reviewing carefully.

Corporate Share Structure

The current share structure of Supatcha Resources is as follows:

Authorized Shares: 70 million

Issued and Outstanding Shares: 61 million

We do not expect any reverse split or forward split to our stock in the near future.

Additional Assay Results for Barlevskoye Mine

We foresee to have completed the Phase 2 drill program for Barlevskoye mine and expect to announce superior assay results shortly.

About Supatcha Resources Inc. (OTCBB: SAEIE)

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.

http://www.supatcharesources.com

SOURCE Supatcha Resources Inc.