Silver Spruce Resources Inc V.SSE

Alternate Symbol(s): SSEBF

Metals & Mining Silver

Silver Spruce Resources Inc. is a Canadian junior exploration company holding a 100% interest in the Melchett Lake Zn-Au-Ag project in northern Ontario and the Jackie Au project located 10 kilometers (km) northwest from Minera Alamos' Nicho deposit in Sonora, Mexico. The Company intends to own 100% interest in the Pino de Plata Ag project located 15 kilometers west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico. The 1,130-hectare Jackie Au-Ag property is a precious metal project located eight km west-southwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico. Jackie is situated within the west-central portion of the Sierra Madre Occidental Volcanic Complex of northern Mexico. The Melchett Lake property is located within the English River Sub-province of the Archean-age Superior Province as part of the east-to-west-trending Melchett metasedimentary-metavolcanic belt.

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Silver Spruce Resources Inc

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Post by benricon Sep 10, 2021 6:42pm

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Post# 33844080

Spoke to PR

Spoke to Mr. Davison... he thought last January a deal was going to be finalized regarding Pino... seems other party got greedy and negotiations went sour. Only good news is that they continue to meet every 7 - 10 days. He said Pino is still drill ready. I asked if this meant the money was still placed aside for Pino. He replied no, so I don't know what he meant by drill ready. He added that new funds were sent down to Mexico this week (part of the proceeds received from the recent dilution).

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