Silver Spruce Resources Inc. is pleased to announce the mobilization of its local exploration team, managed by the Property Vendor, to resume the gold grain in till sampling and soil geochemical sampling on the Mystery Au project . The Company signed a Definitive Agreement in September 2021 with two parties to acquire 100% of three early-stage gold exploration properties, Mystery, Till and Marilyn, located near Grand [...]
Silver Spruce Resources Inc. announces that the Company has fulfilled the terms of the earn-in agreement with Colibri Resource Corp. , earned its 50% interest and signed a Joint Venture Agreement to move forward with additional exploration at the Jackie project, Sonora, Mexico. "We are pleased to have expedited the earn-in requirements, signed the JV with Colibri and, with operating permits in place from SEMARNAT, look [...]
Silver Spruce Resources Inc. with its partner Colibri Resources Corp., announces that the Company has mobilized its Hermosillo-based team of geologists and support personnel to the Diamante project, and collared the first hole of its 2,000 metre R/C program at the Pillado Au-Ag-Pb-Zn-Cu target. "We are pleased to begin our maiden exploration drilling program on several highly prospective areas of Diamante. Our first two [...]
Silver Spruce Resources Inc. announced today a private placement of up to 12,000,000 units at a price of $0.025 per unit for gross proceeds of up to $300,000. 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 three years from the closing of the private placement. The proceeds from the private placement will be used for [...]
Silver Spruce Resources Inc. announces that the Company has signed contracts with Constructora Trax and Minera Drilling, both from Hermosillo, Mexico, respectively, for the preparation of access trails and pads, and drilling 2,000 metres of reverse circulation drill holes on the principal drilling target areas of the Diamante 1 and 2 concessions, specifically on the first-priority targets at Pillado , La Prieta and Calton [...]
Silver Spruce Resources Inc. announces that the Company has received high-grade Au-Ag-Pb-Zn-Cu assays upon completion of its Phase 1 geological mapping program on the principal drilling target areas of the Diamante 1 and 2 concessions. "We are pleased to report Au values to 51.5 g/t from silicified breccias in the Calton target, the highest Au grade yet reported from Diamante, and Ag values >1,000 g/t were recorded from [...]
- Silver Spruce Resources Inc. announces the approval of its Informe Preventivo by the Mexican government environmental authority, SEMARNAT, via Minera BIMCOL, SA de CV, for our maiden drilling permit at the Diamante project . The Company, along with our partner Colibri Resource Corp. , will jointly manage and fund the planned 2,000 metre drilling program. Silver Spruce contracted Green & Ceo , Asesorío Profesional y [...]
Silver Spruce Resources Inc. announces the approval of our Informe Preventivo by the Mexican government environmental authority, SEMARNAT, via Minera Yaque SA de CV, for our second drilling permit at the El Mezquite project . Silver Spruce contracted Saul Ruiz and his team at Green & Ceo, Asesorío Profesional y Securidad en Ambiente, of Hermosillo, Sonora to manage the environmental permitting process. "We are pleased [...]
Silver Spruce Resources Inc. announces the approval of our Informe Preventivo by the Mexican government environmental authority, SEMARNAT, in application for our trenching and drilling permit at the Jackie project, Sonora, Mexico. "We are pleased that the permitting documents were approved by SEMARNAT. As expected, the environmental report prepared by Saul Ruiz and his team at Green and Ceo clearly demonstrated their [...]
Silver Spruce Resources Inc. announces the submittal of our Informe Preventivos to the Mexican government environmental authority, SEMARNAT, in application for drilling permits at the El Mezquite and Jackie projects. Silver Spruce engaged Green & Ceo , Asesorío Profesional y Securidad en Ambiente, of Hermosillo, Sonora to manage the environmental permitting process. "We are pleased to confirm that the permitting documents [...]
- Silver Spruce Resources Inc. announces the submittal of our Informe Preventivo to the Mexican government environmental authority, SEMARNAT, in application for drilling permits at the Diamante project. Silver Spruce engaged Green & Ceo, Asesorío Profesional y Securidad en Ambiente , of Hermosillo, Sonora to manage the environmental permitting process. "With our geological mapping and sampling team already on the ground [...]
Silver Spruce Resources Inc. announces that the Company has initiated its geological mapping program on the principal drilling target areas of the Diamante 1 and 2 concessions . The drill-ready Diamante gold-silver property is located 5 km northwest of the town of Tepoca, and 165 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico . "The geological mapping and rock sampling is focused on lithological [...]