Silver Spruce Resources Inc V.SSE

Alternate Symbol(s): SSEBF

Metals & Mining Industrial Metals & Minerals

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.

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Silver Spruce Resources Inc

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Comment by Wonderwonon Mar 23, 2017 10:08am

167 Views

Post# 26019608

RE:RE:RE:Great deal for property owner

Are you sipping the Kool-aid? The option to convert is at the vendor's discretion, if the SP is lower he is not going to convert, he is going to ask for cash repayment. If they don't have the cash he gets the property back which is security against the conv deb. When you got a mortgage on your house did the bank not put a lien on your house? You must think the vendor is a child

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