Silver Spruce Resources Inc. has concluded its due diligence and will not negotiate a Definitive Purchase Agreement to acquire the Cocula project in Jalisco State, Mexico. Subject to its binding Letter of Agreement with ProDeMin, SA de CV signed on July 13, 2019 and amended on September 10, 2019 , Silver Spruce provided written notification on [...]
Silver Spruce Resources Inc. is pleased to announce the completion of its due diligence and the signing of the Definitive Option and Purchase Agreement on the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada . "We are very pleased [...]
Silver Spruce Resources Inc. is pleased to announce the receipt of the initial batch of sample assays from its October 2019 field due diligence program on the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada. "We are very pleased to [...]
Silver Spruce Resources Inc. is pleased to announce the completion of its field due diligence program on the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada. Mobilization to the Property by air from Nakina was conducted on October [...]
Silver Spruce Resources Inc. is pleased to announce that it has signed a Memorandum of Understanding with China University of Mining and Technology to engage in joint geological research, field work, and educational studies on Silver Spruces properties. CUMT was founded in 1909 and is one of China's premier mining universities, with over 30,000 [...]
Silver Spruce Resources Inc. is pleased to announce that it has completed field crew preparation and due diligence plans for the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada. Mobilization to the Property by air from Nakina is [...]
Silver Spruce Resources Inc. is pleased to announce that it has signed a binding Letter of Intent with three parties to acquire 100% of the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada. The 1,820 hectare project is located [...]
Silver Spruce Resources Inc. is pleased to announce that it has received approval of its Informe Preventivo, the environmental application required for drilling at the Cocula gold project in Jalisco State, Mexico. The permit allows for forty-seven drill sites over the 750-metre strike length of the known mineralized area. The Company is preparing a [...]
Silver Spruce Resources Inc. is pleased to announce that it has received gold, silver and base metal assays from new rock chip samples taken from the surface at the Cocula gold project in Jalisco State, Mexico, as part of the due diligence program being conducted by the Company. Nine out of 26 rock chip samples recently taken from surface outcrop [...]
- Silver Spruce Resources Inc. is pleased to announce that it has filed the first NI 43-101 technical report for the Cocula gold project on www.sedar.com. The report, dated August 27, 2019, is entitled, “Geology and Exploration of the Cocula Project, Municipality of San Martin Hidalgo, Jalisco State, Mexico” and was prepared for the Company and [...]
Silver Spruce Resources Inc. is deeply saddened by the passing of its longtime friend, collegue and CFO, Gordon Harold Barnhill. He passed away peacefully in the Halifax Infirmary, QEII, Halifax on August 28, 2019 at the age of 77. Gordon was dedicated to to his family and to professional excellence. He will be greatly missed. The Company extends [...]
- Silver Spruce Resources Inc. is pleased to announce the closing of its financing. The Company has issued 5,225,000 units at $0.05 per unit for gross proceeds of $261,250. Each unit consisted of one common share and one, full, two-year warrant, exercisable at $0.075 into one common share. All units acquired pursuant to the private placement, and [...]