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 [...]
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 [...]
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 [...]
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 [...]
Silver Spruce Resources Inc. announced today that it has granted 250,000 stock options to a consultant of the Company with an exercise price of $0.06 per share and an expiry date of March 23, 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 [...]
Silver Spruce Resources Inc. is pleased to announce that the Company has filed its Informe Preventivo with the Mexican government environmental authority, SEMARNAT, for the El Mezquite Gold project, a drill-ready precious metal project located 10 km northwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo. Silver [...]
Silver Spruce Resources Inc. is pleased to announce both the staking of additional claims and the mobilization of the field logistics and line-cutting crews to the Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project . Melchett is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario [...]
Silver Spruce Resources Inc. is pleased to advance its exploration on the Pino de Plata property with the signing of an airborne LiDAR survey contract with Eagle Mapping Ltd. of Port Coquitlam, British Columbia. Figure 1. Hilly topography overlooking El Terrero workings and drill targets on Pino de Plata "We are continuing to build our digital [...]
Silver Spruce Resources Inc. announced today the closing of the final tranche of its private placement consisting of 5,420,000 flow-through units at a price of $0.06 per unit for gross proceeds of $325,200. Each unit consisted of one flow-through common share and one-half warrant. Each whole warrant will entitle the subscriber to purchase an [...]
- Silver Spruce Resources Inc. is pleased to announce another step forward in its ongoing exploration programs on the El Mezquite and Jackie properties with the signing of an airborne survey contract with Eagle Mapping Ltd. of Port Coquitlam, British Columbia. "Silver Spruce is adding to its growing digital database for the El Mezquite and Jackie [...]
- Silver Spruce Resources Inc. is pleased to announce mobilization and commencement of its Phase 1 program on the 1,130-hectare Jackie Au-Ag property, an early-stage precious metal project located 175 km east of Hermosillo, Sonora, Mexico. The Company signed a Definitive Agreement with Colibri Resource Corp. to acquire 50% interest in the Jackie [...]
- Silver Spruce Resources Inc. is pleased to announce the signing of a geophysical services contract with Quantec Geoscience to conduct a SPARTAN Magnetotelluric Survey on its Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada [...]