Silver Spruce Resources Inc. further announced today a correction to its private placement news release of up to 66,666,667 units at a price of $0.015 per unit for gross proceeds of up to $1,000,000. The amount shown in the previous news release title was incorrect. Also, 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 of [...]
- Silver Spruce Resources Inc. announced today a private placement of up to 66,666,667 units at a price of $0.015 per unit for gross proceeds of up to $1,000,000. 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 of two years from the closing of the private placement. The proceeds from the private placement will be used for [...]
Silver Spruce Resources Inc. is pleased to report that the Company and its partner Silver Spruce Resources have earned a 50% ownership interest in the Diamante Gold & Silver Project located in Sonora, Mexico. Vendor Bimsa Minera SA de CV of Mexico , a privately owned Mexico based mineral exploration company, retains 50% ownership in the Property. "We are very excited to fulfill, in partnership with Colibri, the Phase 1 [...]
Silver Spruce Resources Inc. is pleased to announce the acquisition by staking of 6,040 hectares of claims contiguous to the Marilyn and Till properties of the Mystery Au project . The new properties cover a total of 242 claims in three property blocks. "We are very excited to acquire a significant package of additional claims tied to both the Marilyn and Till properties which effectively doubles our overall property [...]
Silver Spruce Resources Inc. is pleased to announce the completion of further gold grain in till sampling and soil geochemical sampling, locally managed by the property vendor's team, and recent receipt of the sample processing results on the Mystery Au project. "We are pleased to report that widely-spaced gold grain in till sampling frequency, size and shape distribution data have identified anomalous sites with >20 gold [...]
Silver Spruce Resources Inc. is pleased to announce technical services agreements with Eagle Mapping Ltd. of Port Coquitlam, British Columbia, and GeoCloud Analytics of Melbourne, Australia to carry out an airborne LiDAR survey and re-process the LASer point cloud data, respectively, over the Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project . Melchett is an advanced precious and base metal property located [...]
Silver Spruce Resources Inc. announces that it will undertake a non-brokered private placement financing for up to $500,000 in the form of Units . Each Unit is comprised of an unsecured note in the principal amount of $10,000 and 80,000 common shares of the Company at a deemed price of $0.025 per Bonus Share. Notes are non-transferrable, will bear interest at 8% per annum and will mature 18 months from the date of issue [...]
- Silver Spruce Resources Inc. , with its partner Colibri Resources Corp. , announces further promising intersections of gold, silver and base metals from near-surface to 75 metres depth in the first shallow R/C drilling program on the Diamante project which has had no prior drilling history. Ten holes were drilled in the 2,006-metre program at the La Prieta Au-Ag-Pb-Zn-Cu targets . The highest-grade samples returned [...]
Silver Spruce Resources Inc. announced today a second and final closing of its private placement of up to $300,000. The second closing of the private placement consisted of the issuance of 5,880,000 units at a price of $0.025 per unit for gross proceeds of $147,000. Each unit consisted 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 September [...]
Silver Spruce Resources Inc. , with its partner Colibri Resources Corp. , announces promising shallow intersections of base metal, silver and gold values from the first R/C drilling program on the Diamante project . Nineteen holes were drilled in its 2,005-metre program at the La Prieta and El Pillado Au-Ag-Pb-Zn-Cu targets . "We are pleased to report the initial results from our maiden exploration drilling program on two [...]
Silver Spruce Resources Inc. , with its partner Colibri Resources Corp. , announces that their Hermosillo-based team of geologists and service contractors has completed the first R/C drilling program on the Diamante project. Nineteen holes were drilled in its 2,005-metre program at the La Prieta and El Pillado Au-Ag-Pb-Zn-Cu targets . The drill-ready Diamante gold-silver property is located 5 km northwest of Tepoca, and [...]
- Silver Spruce Resources Inc. announced today a first closing of its private placement of up to $300,000. The first closing of the private placement consisted of the issuance of 4,690,000 units at a price of $0.025 per unit for gross proceeds of up to $117,250. Each unit consisted 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 July 26, 2025 [...]
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