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 [...]
Silver Spruce Resources Inc. is pleased to announce the approval for its Informe Preventivo, the environmental application required for drilling on the El Mezquite Project. The permit was received and granted to the concession holder, Yaque Minerals S.A. de C.V. by the Mexican Secretariat of Environment and Natural Resources for El Mezquite, a drill-ready precious metal project located 10 km northwest of the town of [...]
Silver Spruce Resources Inc. is pleased to report it has been approved to uplist its common stock on the OTCQB® Marketplace and commence trading effective today, April 16, 2021. The Company's "SSEBF" trading symbol in the United States will remain unchanged. There is no action required by current shareholders as a result of this change. "Uplisting to the OTCQB demonstrates our commitment to providing existing and [...]
Silver Spruce Resources Inc. is pleased to announce the signing of 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 two properties, Diamante 1 and Diamante 2, with a cumulative land position of 1,057 hectares. The Diamante gold-silver project is a drill-ready precious metal property located 5 km [...]
Silver Spruce Resources Inc. announced today that it has granted 750,000 stock options to Michael Kinley, the CEO of the Company with an exercise price of $0.05 per share and an expiry date of April 1, 2026. The stock options will vest 1/3 on the date of the grant, 1/3 on the first anniversary of the grant and the final 1/3 on the second anniversary of the grant. About Silver Spruce Resources Inc. [...]
Silver Spruce Resources Inc. is pleased to announce the appointment of Michael Kinley as Chief Executive Officer effective April 1, 2021. Mr. Kinley replaces Brian Penney who will remain as Chairman of the Board of Silver Spruce. "We are pleased to expand the leadership team as we enter a new high-water mark for exploration," said Brian Penney Silver Spruce Chairman. "Mike's extensive CFO and mining experience are a great [...]
Aroland First Nation and Silver Spruce Resources Inc. are pleased to announce entering into an exploration agreement by which Aroland in exercising its inherent jurisdiction, has issued its permit and approval to Silver Spruce to undertake mineral exploration in part of Aroland's territory known as Melchett Lake, in northwestern Ontario. "This is the way it should be," says Chief Dorothy Towedo. "The company seeks the [...]
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