BRIDGEWATER, NOVA SCOTIA -- (Marketwire) -- 05/31/12 -- Silver Spruce Resources Inc. (TSX VENTURE: SSE) is pleased to update the status of its various uranium (U) properties in Labrador. Uranium prices have remained relatively low since the earthquake / tsunami in Japan in 2011; however most observers expect prices to begin to rise in 2013 as demand for nuclear power, particularly in Asia and India, continues to grow [...]
Silver Spruce announces that it has closed its previously announced non-brokered private placement to raise gross proceeds of $191,400. The Offering consisted of the issuance of flow-through of Silver Spruce, meeting the criteria under the Mineral Exploration Tax Credit for "Super Flow-Through". The Super FT Units were offered at a price of $0.08 per Super FT Unit, and consist of one flow-through common share and one half [...]
Silver Spruce is pleased to announce that it is arranging a non-brokered private placement to raise gross proceeds of up to $500,000. The Offering shall consist of the issuance of flow-through of Silver Spruce, meeting the criteria under the Mineral Exploration Tax Credit or "Super Flow-Through". The Super FT Units are offered at a price of $0.08 per Super FT Unit, and consist of one flow-through common share and one half [...]
Main REE minerals are allanite, titanite, monazite and britholiteBRIDGEWATER, NOVA SCOTIA -- (Marketwire) -- 03/27/12 -- Silver Spruce Resources Inc. (TSX VENTURE: SSE) is pleased to provide preliminary results for a mineralogical investigation on the Pope's Hill Rare Earth Element (REE) prospect in southern Labrador. Pope's Hill is a road-accessible, 100% owned, REE property located on the Trans-Labrador Highway (TLH [...]
BRIDGEWATER, NOVA SCOTIA -- (Marketwire) -- 03/15/12 -- Silver Spruce Resources Inc. (TSX VENTURE: SSE)(FRANKFURT: S6Q) - -- Significant REE and U mineralization noted in different areas in limited exploration -- 0.4% TREO/7.8 m, including 4.33% TREO over 0.5 m in Trenching -- Values to 0.83% U3O8 with five values greater than 0.12% U3O8 in outcrop/float grab samples
- commencement of trenching on the Pope's Hill Property, MP trend over 2 km strike length - regional soil geochemical survey - MRT property - to start before end of September - prospecting completed on RWM property, results pending - report on ...
- Significant REE stream, soil and rock sample values located on MRT property - Diamond drilling on CMBNW JV uranium property - Two Time zone - U mineralization continues to 460 m depth - Firestone showing being tested with 14 holes ...
BRIDGEWATER, NOVA SCOTIA -- (Marketwire) -- 08/31/11 -- Silver Spruce Resources Inc. (TSX VENTURE: SSE)(FRANKFURT;S6Q) -
Highlights
-- REE bearing zone on PH - MP trend defined over an approximate 2.8 km strike length - open -- Values to 25.4% TREE+Y, averaging 9% from outcrop / subcrop samples in the T1/T2 area -- 1 km from the Trans Labrador Highway; up to 70 m wide, averages 20 m to 30 m wide
Highlights - REE bearing zone on original PH property defined over an approximate 2.8 km strike length - open - Values up to 25% TREE+Y, averaging 5.3% from outcrop / subcrop grab samples - Significant REE values on MRT property, 60 km to the east ...
BRIDGEWATER, NOVA SCOTIA -- (Marketwire) -- 07/21/11 -- Silver Spruce Resources Inc. (TSX VENTURE: SSE)(FRANKFURT: S6Q) -
Highlights
-- Prospecting on original PH property defines a REE bearing zone over a 1 km strike length - open Values up to 17.7% TREE+Y, averaging 5.7% from outcrop grab samples -- Prospecting on MRT property, 65 km to the east along trend, locates significant REE values
BRIDGEWATER, NOVA SCOTIA -- (Marketwire) -- 07/15/11 -- Silver Spruce Resources Inc. (TSX VENTURE: SSE)(FRANKFURT: S6Q) is pleased to announce that fieldwork, to include diamond drilling, has begun at the CMB Joint Venture ('CMB JV') uranium project located in the Central Mineral Belt of Labrador. The Project is a joint venture with Crosshair Mining and Exploration (TSX: CXX)(NYSE Amex: CXZ), the operator, with
Highlights - 7 of 10 drill holes intersected the Krissy vein system giving values up to 31.9 g/T over 0.5 m - Gold mineralization intersected west of the Gull Pond access road, up ice of the Krissy boulder - Krissy Trend defined over a strike length ...