Silver Spruce Resources Inc. 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 [...]
Silver Spruce Resources Inc. , with its partner Colibri Resources Corp. , announces promising shallow intersections of base metal, silver and gold values from the first R/C drilling program on the Diamante project . Nineteen holes were drilled in its 2,005-metre program at the La Prieta and El Pillado Au-Ag-Pb-Zn-Cu targets . "We are pleased to [...]
Silver Spruce Resources Inc. , with its partner Colibri Resources Corp. , announces that their Hermosillo-based team of geologists and service contractors has completed the first R/C drilling program on the Diamante project. Nineteen holes were drilled in its 2,005-metre program at the La Prieta and El Pillado Au-Ag-Pb-Zn-Cu targets . The [...]
- Silver Spruce Resources Inc. 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 [...]
Silver Spruce Resources Inc. 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 . The Company signed a Definitive Agreement in September 2021 with two parties to acquire 100% of three early-stage gold [...]
Silver Spruce Resources Inc. announces that the Company has fulfilled the terms of the earn-in agreement with Colibri Resource Corp. , earned its 50% interest and signed a Joint Venture Agreement to move forward with additional exploration at the Jackie project, Sonora, Mexico. "We are pleased to have expedited the earn-in requirements, signed the [...]
Silver Spruce Resources Inc. with its partner Colibri Resources Corp., 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. "We are pleased to begin our maiden exploration [...]
Silver Spruce Resources Inc. 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 [...]
Silver Spruce Resources Inc. announces that the Company has signed contracts with Constructora 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 [...]
Silver Spruce Resources Inc. 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. "We are pleased to report Au values to 51.5 g/t from silicified breccias in the Calton target, the highest Au [...]
- Silver Spruce Resources Inc. announces the approval of its Informe Preventivo by the Mexican government environmental authority, SEMARNAT, via Minera BIMCOL, SA de CV, for our maiden drilling permit at the Diamante project . The Company, along with our partner Colibri Resource Corp. , will jointly manage and fund the planned 2,000 metre drilling [...]
Silver Spruce Resources Inc. 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 . Silver Spruce contracted Saul Ruiz and his team at Green & Ceo, Asesorío Profesional y Securidad en Ambiente, of Hermosillo [...]