Silver Spruce Resources Inc. announces that the Company is proceeding with revisions to its Informe Preventivo for submission, via Minera Yaque SA de CV, to the Mexican government environmental authority, SEMARNAT, for the El Mezquite Gold property , a precious metal project located 10 km northwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico. Silver Spruce [...]
Silver Spruce Resources Inc. reports the following update on the Pino de Plata project, Chihuahua, Mexico. "We have receipt of flight data from our LiDAR survey and are updating the Pino de Plata technical database while negotiations remain ongoing for an access agreement with the landowner to allow drilling on several highly promising silver targets," said Greg Davison, Silver Spruce Vice-President Exploration and [...]
Silver Spruce Resources Inc. is pleased to announce the receipt of gold assays and multi-element geochemistry from rock samples collected during the August 26th due diligence visit on the Mystery Au project shown in Figure 1. "We moved forward confidently with the Property acquisition based on known showings, prospective geology and regional structures, waited patiently for receipt of our analyses and are pleased that we [...]
Silver Spruce Resources Inc. is pleased to announce the engagement of an exploration team, managed by the Property Vendor, to carry out gold grain in till sampling and soil geochemical sampling on the Mystery Au project . The Company recently signed a Definitive Agreement with two parties to acquire 100% of three early-stage gold exploration properties, Mystery, Till and Marilyn, located near Grand Falls, Newfoundland and [...]
- Silver Spruce Resources Inc. is pleased to announce a technical services agreement signed with MPX Geophysics Ltd. to conduct an airborne survey of the Mystery Au project . The Company recently signed a Definitive Agreement to acquire 100% of three early-stage gold exploration properties, Mystery, Till and Marilyn located near Grand Falls, Newfoundland and Labrador, Canada, 20-25 kilometres west of New Found Gold [...]
Silver Spruce Resources Inc. is pleased to announce the receipt of exploration approvals by the Property Vendor, from the Mineral Lands Division of the Government of Newfoundland and Labrador, to carry out prospecting, geochemical surveys and airborne geophysical surveys on the Mystery Au project . The Company recently signed a Definitive Agreement with two parties to acquire 100% of three early-stage gold exploration [...]
Silver Spruce Resources Inc. announced today that a finder's fee of 7% in cash and shares , will be paid to Golden Salmon Capital Corp., an arm's length party, in accordance with the scheduled payments provided for in the Agreement relating to the acquisition by the Company of the Mystery, Till and Marilyn mineral properties Option and Purchase Agreement dated September 7, 2021 . The finder's fee will be paid subject to [...]
Silver Spruce Resources Inc. is pleased to announce a technical services agreement signed with MPX Geophysics Ltd. to carry out an airborne survey of the Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project . Melchett is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada . The Property lies 110 km north of Geraldton and 60 km north of Nakina. "With [...]
Silver Spruce Resources Inc. announced today that it has closed its private placement for proceeds of $1,205,800. The private placement consisted of the issuance of 24,116,000 units at a price of $0.05 per unit with each unit consisting of one common share and a warrant to purchase an additional common share at an exercise price of $0.075 per share on or before September 29, 2024. The securities issued pursuant to the [...]
Ginoogaming First Nation and Silver Spruce Resources Inc. are pleased to announce entering into an exploration agreement by which Ginoogaming in exercising its inherent jurisdiction has issued its permit and approval to Silver Spruce to undertake mineral exploration in part of Ginoogaming's territory known as Melchett Lake, in northwestern Ontario. "We are happy to see things progress the way they should be done," says [...]
- Silver Spruce Resources Inc. announces the receipt of all assays from the twenty holes of its Phase 1 exploration drilling at the El Mezquite Au-Ag property . "We are pleased to report encouraging precious metal assays in nineteen of the first twenty holes drilled at El Mezquite. The second group of results returned gold values to 1.435 g/t Au. As noted previously, the drilling data are consistent with our exploration [...]
Silver Spruce Resources Inc. is pleased to announce that it has signed a Definitive Agreement 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 Sokoman Minerals Corp.'s Moosehead gold project. Figure 1. Location Map of [...]