- On October 23, 2023, Silver Spruce Resources Inc. announced that on October 13, 2023 it had entered into an amendment to the Option Agreement dated September 7, 2021 on its Newfoundland properties, as further amended on December 1, 2023 . Under the terms of the Amended Option Agreement, upon mutual agreement of the Company and the third party vendors , the Company can satisfy part of the cash component of the [...]
Silver Spruce Resources Inc. is pleased to announce receipt of our permits and drill mobilization for the Tote Brook target at the 602-claim Mystery Au project . "Our drill permit was approved by the Mineral Lands Division of the Department of Industry, Energy and Technology and access for the drilling was granted by the Ministry of Transport. The Company recently signed a contract with Trust Drilling of Springdale, NL [...]
Silver Spruce Resources Inc. is pleased to announce completion of our Phase 2 prospecting, mapping, rock sampling, and structural overview as integral aspects of its ongoing exploration program at the 602-claim Mystery Au project. "As per our planned summer programs, we initiated and completed in three stages, over the Marilyn claim block, prospecting, rock and soil sampling, structural mapping and further regional till [...]
Silver Spruce Resources Inc. along with its partner Colibri Resource Corp. are pleased to announce jointly the discovery of new Gold-Silver showings on the Diamante property which include assays to 3.52 g/t Au and 197 g/t Ag from outcrop grab samples. Sporadic surface exploration since 2011 has resulted in several surface showings comprised of epithermal precious and base metal mineralization . Recent exploration at [...]
Silver Spruce Resources Inc. is pleased to announce that in3D Geoscience is contracted to compile and interpret the 2022 MPX Geophysics Ltd. and all available historical data from the Mystery Au project. "Given the regional exploration success focused along major, secondary and tertiary structural elements in the Exploits Subzone as per Figure 1, the Company acquired new high-resolution geophysical data, as per Figure 2 [...]
Silver Spruce Resources Inc. is pleased to announce the successful completion of our Phase 2 gold grain in till and B soil sampling exploration program at the 602-claim Mystery Au project . "The till sampling of the new claims identified our best gold grain frequency data so far with a maximum of thirty-nine grains in GR-37 in the southern part of the claims and other significant results spread from north to south [...]
- Silver Spruce Resources Inc. announced today the amendment to the Option Agreement dated September 7, 2021 on its Newfoundland properties. Under the terms of the Amended Option Agreement dated October 13, 2023, the cash component of the option payments to the Vendors can made in cash or alternatively in all or in part by the issuance of common shares of the Company to the Vendors upon mutual agreement of the Vendors [...]
Silver Spruce Resources Inc. announced today the first closing of its private placement consisting of the issuance of 6,000,000 units at a price of $0.025 per unit for proceeds of $150,000 with each unit consisting of one flow-through common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share on or before June 26, 2025. The securities issued pursuant to the private placement [...]
- Silver Spruce Resources Inc. announced today a private placement comprising flow-through units of up to $1,000,000. The private placement consists of the issuance of up to 40,000,000 units at a price of $0.025 per unit for gross proceeds of up to $1,000,000. Each unit consisted of one flow-through common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share for a period of [...]
- Silver Spruce Resources Inc. announced today that Camilla Cormier has resigned as Chief Financial Officer of the Company. Michael Kinley, CPA, CA, CEO has been appointed as Interim Chief Financial Officer. The Board would like to thank Ms. Cormier for her contributions to the Company. About Silver Spruce Resources Inc. Silver Spruce Resources Inc. is a Canadian junior exploration company which has signed Definitive [...]
- Silver Spruce ResourcesInc. announced today that it has closed a private placement for proceeds of $1,135,507. The private placement consisted of the issuance of 75,700,499 units at a price of $0.015 per unit with each unit consisting of one common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share on or before March 28, 2028. The securities issued pursuant to the private [...]
Silver Spruce Resources Inc. announces today that due to an over-subscription to its previously announced private placement of up to $1,000,000 , the private placement has been increased to 80,000,000 units at a price of $0.015 per unit for gross proceeds of up to $1,200,000. Each unit will consist of one common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share for a period [...]
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