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Silver Spruce Resources Inc V.SSE

Alternate Symbol(s):  SSEBF

Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast-striking, subvertical to moderately Archean metavolcanic quartz-sericite schists to coarse fragmental units. The Company intends to own 100% interest in the Mystery Au project in the Exploits Subzone Gold Belt, Newfoundland and Labrador; 100% interest in the Pino de Plata Ag project located 15 kilometers (kms) west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico; 50% interest in the Jackie Gold project, located 5 km south-southwest of the towns of Tepoca and Carrizal, and up to 50% interest in Diamante Au-Ag project located from 5 to 15 kms northwest from Nicho deposit in Sonora, Mexico.


TSXV:SSE - Post by User

Post by tickerhiton Aug 05, 2022 12:00am
163 Views
Post# 34873165

Silver Spruce and Colibri Hit Mineralization at

Silver Spruce and Colibri Hit Mineralization at

El Pillado and La Prieta Au-Ag-Pb-Zn-Cu Targets in 19-Hole,2,005 Metre R/C Drill Program at Diamante Project, Sonora, Mexico


 

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 Diamante gold-silver (Au-Ag) property ("Diamante" or the "Property") is located 5 km northwest of Tepoca, and 165 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico.

"We are pleased to complete successfully our maiden exploration drilling program on two highly prospective areas of Diamante. Our first two drill targets, El Pillado and La Prieta, exhibited multiple i ntersections of sulphide mineralization, locally with fault controls, comprising polymetallic vein-style occurrences within and adjacent to historical artisanal mining," stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

Figure 1. Reverse circulation drill rig collared on pad #40 north of artisanal underground workings at the Pillado drill target, first DDH on the Diamante 1 concession.

 

 

SOURCE: Silver Spruce Resources Inc.


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