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Silver Spruce Resources Inc SSEBF


Primary Symbol: V.SSE

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

Comment by greendayyyyon Dec 02, 2023 9:23am
200 Views
Post# 35764995

RE:Silver Spruce Receives Permits, Signs Drill Contract

RE:Silver Spruce Receives Permits, Signs Drill Contract
I have owned SCZ for several years. A lot of disappointment over the years. The Pino project was perhaps their future mine, but everything fell through. On the positive side, despite my harsh comments about management, they have continued their work to add value to the company. Most of the juniors have been hammered in recent years with covid, lack of financing which has increased dilution for most juniors. Their new project in Newfoundland could be a game-changer for SSE. Marathon Gold was recently acquired by CXB and several new projects are being developed in this sector. We'll see what the drilling results show in a few months' time.
 
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