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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

Bullboard Posts
Comment by Silverichmanon Aug 12, 2020 2:23pm
111 Views
Post# 31399334

RE:RE:RE: Silver Spruce Mobilizes Exploration Team to

RE:RE:RE: Silver Spruce Mobilizes Exploration Team toVery true. And... now for the metals: I guess if we are lucky, this fast wash-out might have already been the "big correction" (Silver down around 20% from the 29.80$...). I don't care if we get a few percent more to the downside before going back up.

I hope the private placement gets closed soon, and they get at least 1 million bucks so they have enough working capital to drill big time. (The reason why I want it to close soon is that every open financing puts a temporary lid on the share price, as placees love to dump into the private placements if the price goes up too much. This is the action we might be seeing these days...) In a precious metals bull market, proving resources is the key point and all PRs will get attention if good resource bases and grades are being detected and expanded.


Bullboard Posts