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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 Sep 21, 2021 1:15pm
107 Views
Post# 33892789

Colibri Resource Up 11.8% after Reporting

Colibri Resource Up 11.8% after Reporting
 Assay Results for Final 10 Holes at El Mezquite Gold, Silver Project in Sonora, Mexico
2021-09-21 01:02:18 PM ET (MT Newswires)
   
   

01:02 PM EDT, 09/21/2021 (MT Newswires) -- Colibri Resource Corp. (CBI.V) on Tuesday surged 11.8% on last look after reporting that its partner, Silver Spruce Resources Inc. (SSE.V) has reported assay results for the final 10 holes drilled at the El Mezquite Au-Ag property in Sonora, Mexico.

All holes intersected gold mineralization over variable core lengths. Highlights of the assays received include intercepts of 0.537 grams per ton of gold over an intersection length of 6.1 meters in hole MEZ-21-016 and 0.502 g/t Au + 24.7 g/t Ag over an intersection length of 4.575 m in hole MEZ-21-012.

Silver Spruce's stock remained unchanged on last look on Tuesday in Canada.

The Phase 1 drill program consisted of 2,485 meters completed in 20 holes from eight drill pads and was completed on July 28.

Price: 0.11, Change: +0.03, Percent Change: +29.41


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