News & Videos - SILVER SPRUCE RES - Page 2

BEDFORD, NS / ACCESSWIRE / February 27, 2023 / (TSXV:SSE) - Silver Spruce Resources Inc. (the "Company") announced today a private placement of up to 66,666,667 units at a price of $0.015 per unit for gross proceeds of up to $1,000,000. 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 two years from the closing of the private placement. The proceeds from the private placement will be used for...

BEDFORD, NS / ACCESSWIRE / February 13, 2023 / Silver Spruce Resources, Inc. (TSXV:SSE)(FRA:S6Q1) ("Silver Spruce" or the "Company") is pleased to report that the Company and its partner Silver Spruce Resources ("Silver Spruce") have earned a 50% ownership interest in the Diamante Gold & Silver Project ("Diamante" or "Project") located in Sonora, Mexico. Vendor Bimsa Minera SA de CV of Mexico ("Bimsa"), a privately owned Mexico based mineral exploration company, retains 50% ownership in the...

BEDFORD, NS / ACCESSWIRE / February 8, 2023 / Silver Spruce Resources, Inc. ("Silver Spruce" or the "Company") (TSXV:SSE)(FRA:S6Q1) is pleased to announce the acquisition by staking of 6,040 hectares ("ha") of claims contiguous to the Marilyn and Till properties of the Mystery Au project ("Mystery") (Figures 1 and 2). The new properties cover a total of 242 claims in three property blocks. "We are very excited to acquire a significant package of additional claims tied to both the Marilyn and...

BEDFORD, NS / ACCESSWIRE / January 16, 2023 / Silver Spruce Resources Inc. (the "Company") (TSXV:SSE)(FRA:S6Q1) is pleased to announce the completion of further gold grain in till sampling and soil geochemical sampling, locally managed by the property vendor's team, and recent receipt of the sample processing results on the Mystery Au project ("Mystery") (Figure 1). "We are pleased to report that widely-spaced gold grain in till sampling frequency, size and shape distribution data have...

BEDFORD, NS / ACCESSWIRE / November 29, 2022 / Silver Spruce Resources Inc. (the "Company") (TSXV:SSE)(OTCQB:SSEBF) is pleased to announce technical services agreements with Eagle Mapping Ltd. ("Eagle Mapping") of Port Coquitlam, British Columbia, and GeoCloud Analytics of Melbourne, Australia to carry out an airborne LiDAR survey and re-process the LASer (LAS) point cloud data, respectively, over the Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project ("Melchett" or the "Property")....

BEDFORD, NS / ACCESSWIRE / November 24, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) (" Silver Spruce " or the " Company ") announces that it will undertake a non-brokered private placement financing for up to $500,000 in the form of Units (the " Financing "). Each Unit is comprised of an unsecured note in the principal amount of $10,000 (each, a " Note ") and 80,000 common shares of the Company (the " Bonus Shares ") at a deemed price of $0.025 per Bonus Share. Notes are...

BEDFORD, NS / ACCESSWIRE / September 29, 2022 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company"), with its partner Colibri Resources Corp. ("Colibri"), announces further promising intersections of gold, silver and base metals from near-surface to 75 metres depth in the first shallow R/C drilling program on the Diamante project ("Diamante" or the "Property") which has had no prior drilling history. Ten (10) holes were drilled in the 2,006-metre ("m") program at the La...

BEDFORD, NS / ACCESSWIRE/ September 16, 2022 / Silver Spruce Resources Inc. (the "Company") (TSXV:SSE)(FRA:S6Q1) announced today a second and final closing of its private placement of up to $300,000. The second closing of the private placement consisted of the issuance of 5,880,000 units at a price of $0.025 per unit for gross proceeds of $147,000. Each unit consisted of one common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share on or before...

BEDFORD, NS / ACCESSWIRE / September 7, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) ("Silver Spruce" or the "Company"), with its partner Colibri Resources Corp. ("Colibri"), announces promising shallow intersections of base metal, silver and gold values from the first R/C drilling program on the Diamante project ("Diamante" or the "Property"). Nineteen (19) holes were drilled in its 2,005-metre program at the La Prieta (10) and El Pillado (9) Au-Ag-Pb-Zn-Cu targets (Figure 1, Table...

BEDFORD, NS / ACCESSWIRE / August 3, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) ("Silver Spruce" or the "Company") , with its partner Colibri Resources Corp. ("Colibri"), announces that their Hermosillo-based team of geologists and service contractors has completed the first R/C drilling program on the Diamante project. Nineteen (19) holes were drilled in its 2,005-metre program at the La Prieta (10) and El Pillado (9) Au-Ag-Pb-Zn-Cu targets (Figure 1, Table 1). The drill-ready...

BEDFORD, NS / ACCESSWIRE / July 27, 2022 / (TSXV:SSE) - Silver Spruce Resources Inc. (the "Company") announced today a first closing of its private placement of up to $300,000. The first closing of the private placement consisted of the issuance of 4,690,000 units at a price of $0.025 per unit for gross proceeds of up to $117,250. Each unit consisted of one common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share on or before July 26, 2025....

BEDFORD, NS / ACCESSWIRE / June 30, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) ("Silver Spruce" or the "Company") is pleased to announce the mobilization of its local exploration team, managed by the Property Vendor, to resume the gold grain in till sampling and soil geochemical sampling on the Mystery Au project ("Mystery"). The Company signed a Definitive Agreement in September 2021 with two parties (the "Vendors") to acquire 100% of three early-stage gold exploration properties,...

BEDFORD, NS / ACCESSWIRE / June 28, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) ("Silver Spruce" or the "Company") announces that the Company has fulfilled the terms of the earn-in agreement with Colibri Resource Corp. ("Colibri"), earned its 50% interest and signed a Joint Venture Agreement ("JV") to move forward with additional exploration at the Jackie project, Sonora, Mexico. "We are pleased to have expedited the earn-in requirements, signed the JV with Colibri and, with...

BEDFORD, NS / ACCESSWIRE / June 21, 2022 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") (TSXV:SSE)(FRA:S6Q1), with its partner Colibri Resources Corp. ("Colibri"), announces that the Company has mobilized its Hermosillo-based team of geologists and support personnel to the Diamante project, and collared the first hole of its 2,000 metre R/C program at the Pillado Au-Ag-Pb-Zn-Cu target (Figure 1). "We are pleased to begin our maiden exploration drilling program on...

BEDFORD, NS / ACCESSWIRE / June 3, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) (the "Company") announced today a private placement of up to 12,000,000 units at a price of $0.025 per unit for gross proceeds of up to $300,000. 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 three years from the closing of the private placement. The proceeds from the private placement will be used...

BEDFORD, NS / ACCESSWIRE / May 26, 2022 / Silver Spruce Resources Inc. (TSXV:SSE) (FRA:S6Q1) ("Silver Spruce" or the "Company") announces that the Company has signed contracts with Constructora Trax ("TRAX") and Minera Drilling, both from Hermosillo, Mexico, respectively, for the preparation of access trails and pads, and drilling 2,000 metres of reverse circulation drill holes on the principal drilling target areas of the Diamante 1 and 2 concessions, specifically on the first-priority targets...

BEDFORD, NS / ACCESSWIRE / April 27, 2022 / Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") (TSXV:SSE)(FRA:S6Q1) announces that the Company has received high-grade Au-Ag-Pb-Zn-Cu assays upon completion of its Phase 1 geological mapping program on the principal drilling target areas of the Diamante 1 and 2 concessions (see Press Release of January 24, 2022). "We are pleased to report Au values to 51.5 g/t from silicified breccias in the Calton target (see Figure 1), the highest Au...

BEDFORD, NS / ACCESSWIRE / April 11, 2022 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") announces the approval of its Informe Preventivo by the Mexican government environmental authority, SEMARNAT, via Minera BIMCOL, SA de CV, ("BIMCOL" or the "Vendor") for our maiden drilling permit at the Diamante project ("Diamante or the "Property"). The Company, along with our partner Colibri Resource Corp. ("Colibri" and together with Silver Spruce, the "Companies"), will...

BEDFORD, NS / ACCESSWIRE / April 4, 2022 / Silver Spruce Resources Inc. (TSXV:SSE)(FRA:S6Q1) ("Silver Spruce" or the "Company") announces the approval of our Informe Preventivo by the Mexican government environmental authority, SEMARNAT, via Minera Yaque SA de CV, for our second drilling permit at the El Mezquite project ("El Mezquite"). Silver Spruce contracted Saul Ruiz and his team at Green & Ceo, Asesorío Profesional y Securidad en Ambiente, of Hermosillo, Sonora to manage the environmental...

BEDFORD, NS / ACCESSWIRE / March 31, 2022 / Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") (TSXV:SSE)(FRA:S6Q1) announces the approval of our Informe Preventivo by the Mexican government environmental authority, SEMARNAT, in application for our trenching and drilling permit at the Jackie project, Sonora, Mexico. "We are pleased that the permitting documents were approved by SEMARNAT. As expected, the environmental report prepared by Saul Ruiz and his team at Green and Ceo...