Silver Spruce Resources Inc. is pleased to announce that it acquired 100% interest to 22 mining claims covering 448.8 hectares located near Melchett Lake in the Thunder Bay Mining Division the Province of Ontario. As previously announced on March 12, 2024, the Company acquired the Claims pursuant to a Property Purchase Agreement with a third party [...]
- Silver Spruce Resources Inc. is pleased to announce that it entered into a Property Purchase Agreement with a third party arm's length vendor dated March 8, 2024 . Under the terms of the Agreement, the Company is entitled to acquire 100% interest to 22 mining claims covering 448.8 hectares located near Melchett Lake in the Thunder Bay Mining [...]
- Silver Spruce Resources Inc. is pleased to announce that it acquired a 100% interest in the 112-square kilometre Melchett Lake project in accordance with the Option and Purchase Agreement among the Company and three third party vendors dated November 20, 2019 , as amended. Melchett covers a total of 485 claims in one contiguous property . "We [...]
Silver Spruce Resources Inc. is pleased to announce the acquisition by map staking of 6,377 hectares of claims contiguous to the core Melchett Lake project. Melchett now covers a total of 485 claims in one contiguous property . "We are very excited to acquire a significant package of additional claims which effectively doubles our overall property [...]
- On October 23, 2023, Silver Spruce Resources Inc. announced that on October 13, 2023 it had entered into an amendment to the Option Agreement dated September 7, 2021 on its Newfoundland properties, as further amended on December 1, 2023 . Under the terms of the Amended Option Agreement, upon mutual agreement of the Company and the third party [...]
Silver Spruce Resources Inc. is pleased to announce receipt of our permits and drill mobilization for the Tote Brook target at the 602-claim Mystery Au project . "Our drill permit was approved by the Mineral Lands Division of the Department of Industry, Energy and Technology and access for the drilling was granted by the Ministry of Transport. The [...]
Silver Spruce Resources Inc. is pleased to announce completion of our Phase 2 prospecting, mapping, rock sampling, and structural overview as integral aspects of its ongoing exploration program at the 602-claim Mystery Au project. "As per our planned summer programs, we initiated and completed in three stages, over the Marilyn claim block [...]
Silver Spruce Resources Inc. along with its partner Colibri Resource Corp. are pleased to announce jointly the discovery of new Gold-Silver showings on the Diamante property which include assays to 3.52 g/t Au and 197 g/t Ag from outcrop grab samples. Sporadic surface exploration since 2011 has resulted in several surface showings comprised of [...]
Silver Spruce Resources Inc. is pleased to announce that in3D Geoscience is contracted to compile and interpret the 2022 MPX Geophysics Ltd. and all available historical data from the Mystery Au project. "Given the regional exploration success focused along major, secondary and tertiary structural elements in the Exploits Subzone as per Figure 1 [...]
Silver Spruce Resources Inc. is pleased to announce the successful completion of our Phase 2 gold grain in till and B soil sampling exploration program at the 602-claim Mystery Au project . "The till sampling of the new claims identified our best gold grain frequency data so far with a maximum of thirty-nine grains in GR-37 in the southern part of [...]
- Silver Spruce Resources Inc. announced today the amendment to the Option Agreement dated September 7, 2021 on its Newfoundland properties. Under the terms of the Amended Option Agreement dated October 13, 2023, the cash component of the option payments to the Vendors can made in cash or alternatively in all or in part by the issuance of common [...]
Silver Spruce Resources Inc. announced today the first closing of its private placement consisting of the issuance of 6,000,000 units at a price of $0.025 per unit for proceeds of $150,000 with each unit consisting of one flow-through common share and a warrant to purchase an additional common share at an exercise price of $0.05 per share on or [...]