Silver Spruce Resources Inc. is pleased to announce that it has signed a binding Letter of Intent with two parties to acquire 100% of three early-stage gold exploration properties, Mystery, Till and Marilyn, located near Grand Falls, Newfoundland, Canada, 20-25 kilometres west of New Found Gold Corp.'s Queensway project and 15-35 kilometres south of Sokomon Iron Inc.'s Moosehead gold project. "Newfoundland offers a [...]
Silver Spruce Resources Inc. is pleased to announce the completion of its Phase 1 exploration drilling at the El Mezquite Au-Ag property. A total of 2,485 metres were drilled in twenty holes covering eight collar locations. The first seven drill holes were completed on June 14th and the Company is anticipating the final results of gold, silver and multi-element analyses by mid-August. The remaining thirteen holes were [...]
Silver Spruce Resources Inc. is pleased to announce the continuation of its Phase 1 exploration drilling at the El Mezquite Au-Ag property . The first seven drill holes are complete and have been submitted to the laboratory, and Layne de Mexico has added a second drill to the Property to aim to complete the 2,475 metres of drilling by the end of next week. "We are pleased that the arrival of a second drill at El Mezquite [...]
Silver Spruce Resources Inc. is pleased to announce the signing of a contract with Strategic Consultants IGIS, based in Chihuahua to conduct a comprehensive interpretation of regional ASTER and LANDSAT 8 OLI data over three exploration properties comprising El Mezquite, Jackie and Diamante. The 180-ha El Mezquite and 1,057-ha Diamante Concessions are drill-ready precious metal projects located 10 km and 5 km [...]
Silver Spruce Resources Inc. is pleased to announce the commencement of its Phase 2 ground exploration program on the 1,130-hectare Jackie Au-Ag property. The current program will concentrate around a pristine exploration target with promising Au-Ag assays from our Phase 1 prospecting and rock sampling program. The work will be performed on a 100-hectare section of the Property with grid-controlled detailed geological [...]
Silver Spruce Resources Inc. is saddened to report the passing of Dr. Brian Penney, Chairman of the Board of Directors, and past CEO and CFO of the Company. Brian was born in London, England on June 6th, 1944 and passed on June 5th, 2021 in Halifax, Nova Scotia, his home for many years, at the age of 76 years. The Company extends its deepest condolences to his family and friends for our collective loss. Dr. Penney was [...]
Silver Spruce Resources Inc. is very pleased to announce the commencement of Phase 1 exploration drilling by Layne de Mexico at the El Mezquite Au-Ag property . The first-ever drilling program at El Mezquite should be completed by July with samples submitted to ALS Global in Hermosillo on a weekly basis. Laboratory assay results are anticipated from two to six weeks after submittal and will guide Phase 2 drilling after [...]
Silver Spruce Resources Inc. is pleased to announce the discovery of a pristine exploration target with promising Au-Ag assay results from its Phase 1 prospecting and rock sampling program conducted over three weeks on the 1,130-hectare Jackie Au-Ag property . "Silver Spruce put the technical boots on the ground and our Hermosillo-based geological team has discovered a high quality, broadly-zoned geochemical anomaly with [...]
Silver Spruce Resources Inc. is pleased to advance its spring exploration program on the 1,057-hectare Diamante property and announce an airborne LiDAR survey by Eagle Mapping Ltd. of Port Coquitlam, British Columbia. "We are working to fast-track our technical evaluation of Diamante and upgrade our digital database prior to mobilizing the field exploration team and commencing the environmental report required to permit [...]
Silver Spruce Resources Inc. is pleased to announce the signing of a Definitive Agreement, effective April 27, 2021, on the Diamante 1 and Diamante 2 concessions. Silver Spruce recently secured a Letter of Intent with Colibri Resource, and its wholly-owned Mexican subsidiary, Yaque Minerales SA de CV, to acquire up to 50% interest in four concessions comprising 1,057 ha. "We expedited our due diligence, validated our high [...]
Silver Spruce Resources Inc. is pleased to announce the promising results of its due diligence site visit and rock sampling at the Diamante 1 and Diamante 2 concessions. Silver Spruce recently signed a Letter of Intent with Colibri Resource, and its wholly-owned Mexican subsidiary, Yaque Minerales SA de CV, to acquire up to 50% interest in four concessions with a cumulative land position of 1,057 hectares . The Diamante [...]
Silver Spruce Resources Inc. is pleased to award the drilling contract to Layne de Mexico for the exploration program at El Mezquite. Mobilization of the reverse circulation rig and geological team to the Property is scheduled by mid-May. The environmental permit, required to drill the Property, was received from SEMARNAT and granted to the concession holder, Yaque Minerals S.A. de C.V. by the Mexican Secretariat of [...]
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