- Silver Spruce Resources Inc. is pleased to announce mobilization and commencement of its Phase 1 program on the 1,130-hectare Jackie Au-Ag property, an early-stage precious metal project located 175 km east of Hermosillo, Sonora, Mexico. The Company signed a Definitive Agreement with Colibri Resource Corp. to acquire 50% interest in the Jackie Project . "Silver Spruce now has experienced boots on the ground at our [...]
- Silver Spruce Resources Inc. is pleased to announce the signing of a geophysical services contract with Quantec Geoscience to conduct a SPARTAN Magnetotelluric Survey on its Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada . The Property lies 110 km north of Geraldton and 60 km north of Nakina at [...]
- Silver Spruce Resources Inc. is pleased to announce the staking of additional claims on its Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada . The Property lies 110 km north of Geraldton and 60 km north of Nakina at 50°45' north latitude and 86°59' west longitude. "We are very pleased to acquire by [...]
Silver Spruce Resources, Inc. is very pleased to provide the following update on the Pino de Plata Project announcing that its Option Agreement with the concession title owner has been fully processed by the Registro Publico de Mineria and signed copies of the relevant documentation have been received by the Company. "We are delighted also to report that the Certificate of Registration in favor of the widow of the [...]
- Silver Spruce Resources Inc. announced today the closing of the first tranche of its private placement consisting of 8,333,334 flow-through units at a price of $0.06 per flow-through unit for gross proceeds of $500,000. Each unit consisted of one flow-through common share and one-half warrant. Each whole warrant will entitle the subscriber to purchase an additional common share at an exercise price of $0.075 per share [...]
Silver Spruce Resources Inc. announced today a private placement of 8,333,334 flow-through units at a price of $0.06 per flow-through unit for gross proceeds of $500,000. Each unit will consist of one flow-through common share and one-half warrant. Each whole warrant will entitle the subscriber to purchase an additional common share at an exercise price of $0.075 per share for a period of two years from the closing of the [...]
Silver Spruce Resources, Inc. is pleased to confirm that it has signed a Definitive Agreement with Colibri Resource Corp. to acquire 50% interest in the Jackie Gold project , an early stage precious metal project located 5 km south-southwest of the towns of Tepoca and Carrizal, and 175 km east-southeast of the capital city of Hermosillo, eastern Sonora, Mexico. "Silver Spruce is building its grassroots exploration [...]
Silver Spruce Resources, Inc. is very pleased to announce that it has signed a Letter of Intent with Colibri Resource Corp. to acquire 50% interest in the Jackie Gold project , an early stage precious metal project located 5 km south-southwest of the towns of Tepoca and Carrizal, and 175 km east-southeast of the capital city of Hermosillo, eastern Sonora, Mexico. The Jackie Project is located within the western portion of [...]
Silver Spruce Resources, Inc. is very pleased to announce the appointment of Greg Davison, M.Sc., PGeo. as Vice-President, Exploration, effective immediately. Greg Davison is a professional consulting exploration geologist, currently licensed in British Columbia , with forty-three years of practical field, laboratory and management experience, with 10 years as VPX at True North Gems and Tribute Minerals, in diverse [...]
Silver Spruce Resources, Inc. is providing the following update on the Pino de Plata project. Silver Spruce has retained Mexico-based legal counsel to lead the discussions with representatives of the surface landowners of Pino de Plata in order to re-negotiate access rights to their ranch that covers the Pino de Plata project area. The surface landowners had granted access rights to their cattle ranch that covers the [...]
Silver Spruce Resources Inc. announced today that it has granted 300,000 stock options to its CFO, Camilla Cormier, with an exercise price of $0.05 per share and an expiry date of August 26, 2025. The stock options will vest 1/3 on the date of the grant, 1/3 on the first anniversary of the grant and the final 1/3 on the second anniversary of the grant. About Silver Spruce Resources Inc. [...]
Silver Spruce Resources Inc. announced today that it has increased and closed its private placement announced August 7, 2020. The private placement consisted of the issuance of 36,390,000 units at a price of $0.05 per unit for proceeds of $1,819,500 with a lead order from Palisades Goldcorp Ltd. Each unit consisted of one common share and a warrant to purchase an additional common share at an exercise price of $0.10 per [...]