Silver Spruce Resources Inc. is pleased to announce that its exploration team has identified additional areas for further field investigation as potential drill targets for its upcoming program at the Pino de Plata project in western Chihuahua State, Mexico. Reinterpretation of current and historical data from the project and ongoing field examination by Dr. Craig Gibson, Ph.D., CPG, have identified new areas to map and [...]
Silver Spruce Resources Inc. is providing guidance to its shareholders that, although the Company has garnered support to complete the one for five rollback of its common shares at its upcoming Annual General Meeting on April 16, 2019, the Board is reconsidering that action. Based upon ongoing interpretation of current and historical data from the Pino de Plata project, Silver Spruce's board of directors feels it may not [...]
Silver Spruce Resources Inc. announces that further to its news release dated November 26, 2018, to complete a non brokered private placement of up to 60,000,000 units at a price of $0.025 and one common share purchase warrant at $0.05 the TSX Venture Exchange has granted an extension to the deadline to complete the previously announced private placement to on or before February 22, 2019. The net proceeds of the financing [...]
Silver Spruce Resources is pleased to announce that it has filed the Informe Preventivo which is required in the permitting process for initiating the drill program at its Pino de Plata silver project. The 397-hectare (Ha) project is located in the Sierra Madre Occidental of Western Chihuahua State, pproximately 15 kilometres west from Coeur Mining’s Palmarejo silver project and approximately 12 km due south of the town [...]
BRIDGEWATER, Nova Scotia, May 07, 2018 -- Silver Spruce Resources Inc. announces that it has closed its current non-brokered private placement and raised gross proceeds of $287,700.00 . The offering will consist of the issuance of 5,754,000 shares and 5,754,000 warrants. Units at $0.05 cents were offered which consisted of one common share in the capital of Silver Spruce and one purchase warrant. Each whole warrant will [...]
Silver Spruce Resources Inc. is pleased to announce that it has received its second batch of assays of mineralized rock samples taken from the development/production dumps at the Kay Mine in Arizona. This second batch consisted of fourteen additional samples taken for data verification purposes to confirm the tenor of mineralization reported by Exxon Minerals Corporation and previous developers of the mine. The samples [...]
Silver Spruce Resources Inc. announces that despite efforts, M Securities Limited, a full service retail brokerage firm in Hong Kong, has been unable to complete the private placement that the Company previously announced on December 11, 2017. As a result, the Company has chosen to cancel the offering and terminate the letter agreement with the Agent. The net proceeds of the financing were to be used to pay for the drill [...]
Silver Spruce Resources Inc. announces that further to its news release dated December 11, 2017, the TSX Venture Exchange has granted an extension to the deadline to complete the previously announced private placement of up to 30,000,000 units at a price of US$0.06 per unit for gross cash proceeds of up to US$1,800,000 to March 9, 2018. The net proceeds of the financing will be used to pay for the drill program at Pino de [...]
Silver Spruce Resources Inc. is pleased to announce that it has received a financing mandate letter from M Securities Limited , a full service, retail brokerage firm in Hong Kong, to provide up to US $1.8 million in gross proceeds from a private placement equity financing of up to 30 million units at a price of US $0.06 per Unit. Each Unit consists of one common share of the Company and one Common Share purchase warrant [...]
Silver Spruce Resources Inc. is pleased to announce that it has received its first assays of mineralized rock samples taken from the development/production dumps at the Kay Mine in Arizona. These first twenty-five samples were taken for data verification purposes to confirm the tenor of mineralization reported by Exxon Minerals and previous developers of the mine. Eighteen of the samples consisted of volcanogenic massive [...]
Silver Spruce Resources has restarted the permitting process for initiating the drill program at its Pino de Plata silver project. The 397-hectare project is located approximately 15 kilometres west from Coeur Mining's Palmarejo open pit and underground silver project and approximately 12 kilometres due south of the town of Chinipas, Chihuahua State, Mexico. InvestmentPitch Media has produced a "video news alert" which [...]
Silver Spruce Resources Inc. is pleased to announce that it has restarted the permitting process for initiating the drill program at its Pino de Plata silver project. The 397-hectare project is located in the Sierra Madre Occidental of Western Chihuahua State, Mexico, approximately 15 kilometres west from Coeur Mining's Palmarejo silver project and approximately 12 kilometres due south of the town of Chinipas, Chihuahua [...]