Silver Spruce Resources along with our partner Colibri Resource, jointly announce the approval of its Informe Preventivo by the Mexican government environmental authority, SEMARNAT, via Minera BIMCOL, for our second drilling program at the Diamante project. GM Consultoría y Proyectos de Ingeniería Ambiental, of Hermosillo, Sonora was contracted to manage the environmental permitting process. The 12-month permit covers [...]
Silver Spruce Resources Inc. announces a private placement of up to 33,333,334 units at a price of $0.015 per unit for gross proceeds of up to $500,000. 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 five years from the date of the issuance of the warrants. The proceeds from the private placement will be used for [...]
Silver Spruce Resources Inc. is pleased to announce that it acquired 100% interest to 22 mining claims covering 448.8 hectares located near Melchett Lake in the Thunder Bay Mining Division the Province of Ontario. As previously announced on March 12, 2024, the Company acquired the Claims pursuant to a Property Purchase Agreement with a third party arm's length vendor dated March 8, 2024. The Company paid $1,100 in cash [...]
- Silver Spruce Resources Inc. is pleased to announce that it entered into a Property Purchase Agreement with a third party arm's length vendor dated March 8, 2024 . Under the terms of the Agreement, the Company is entitled to acquire 100% interest to 22 mining claims covering 448.8 hectares located near Melchett Lake in the Thunder Bay Mining Division the Province of Ontario. The Claims are contiguous with the Melchett [...]
- Silver Spruce Resources Inc. is pleased to announce that it acquired a 100% interest in the 112-square kilometre Melchett Lake project in accordance with the Option and Purchase Agreement among the Company and three third party vendors dated November 20, 2019 , as amended. Melchett covers a total of 485 claims in one contiguous property . "We are very excited to consolidate ownership of a large claim package with [...]
Silver Spruce Resources Inc. is pleased to announce the acquisition by map staking of 6,377 hectares of claims contiguous to the core Melchett Lake project. Melchett now covers a total of 485 claims in one contiguous property . "We are very excited to acquire a significant package of additional claims which effectively doubles our overall property coverage to 112 square kilometres . These new claims follow to the east [...]
- 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 [...]
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