Silver Spruce Resources – SSE.V

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  1. Auri

    Auri Well-Known Member

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    Silver Spruce Resources – SSE.V

    Silver Spruce Resources Inc. SSE.V is a Canadian junior exploration company headquartered in Bridgwater Nova Scotia. We believe that current market conditions provide significant opportunity to acquire exceptional exploration properties for great value; properties that have the potential to generate positive cash flow with modest investment and to deliver excellent returns to our shareholders.

    Currently we are advancing development of the Pino De Plata epithermal silver/base metal/gold project located in the prolific Sierra Madre Occidental region of Mexico. This 397 ha concession contains a number of historic, artisanal mine workings dating back to the Spanish Colonial era. The Company has recently completed an initial 43-101 compliant exploration assessment on this undrilled property. Based on very encouraging silver values in surface samples, Silver Spruce will be executing a targeted exploration program which will include geophysics, geochemistry and a drilling program.



    Pino de Plata Project


    Mining friendly Mexico - 15 KM from Coeur Mining (CDE.Z), Palmarego Mine

    Several high grade targets - Silver grades of 250 g/t (8 ounces) Ag

    39 million shares O/S

    Experienced management

    Funded for drilling

    130 million ounce potential project

    www.silverspruceresources.com
     
  2. Auri

    Auri Well-Known Member

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  3. Auri

    Auri Well-Known Member

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  4. Auri

    Auri Well-Known Member

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  5. Auri

    Auri Well-Known Member

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    Silver Spruce Reports 8 g/t Gold and 77 g/t Silver at Encino De Oro

    Silver Spruce Resources Inc. (SSE.V) announced the latest sampling results from its recently acquired Encino De Oro project near Chinipas, Chihuahua, Mexico. The field crew was led by Leonard J. Karr, P.Geo, and a third party qualified person for Silver Spruce.

    To date, a total of 42 chip channel and grab samples have been taken from out crop, sub crop and float over an area of three square kilometres at the Encino De Oro project.

    Assays of these samples range as high as 8 grams per tonne gold (Au) and 77 g/t silver (Ag), with anomalous values of copper (Cu), lead (Pb), zinc (Zn), arsenic (As) and antimony (Sb).



    Encino De Oro Property

    The Encino De Oro project contains vein, stockwork and disseminated hosted epithermal gold-silver targets within the upper and lower volcanic sequences. An initial property examination in October, 2016, confirmed that an out crop of strongly silicified rhyolite tuff contains gold grades of eight g/t and greater than five g/t in two samples covering over three metres in width. The company's field reconnaissance team, led by Mr. Karr, examined this outcrop in November, 2016.

    This reconnaissance showed mineralization and argillic alteration to be widespread, covering about three square kilometres and being open on all sides. About 90 per cent of the exposed section consists of rhyolitic tuffs that are weakly to moderately argillized and locally contain quartz stockwork. Rarely weakly to moderately silicified zones were encountered.

    Additionally, local anomalies in Ag, As, Cu, Pb, Zn and Sb together are suggestive of a large system that warrants additional work.



    Qualified person

    Mr. Karr, professional geologist and a qualified person, under Toronto Stock Exchange guidelines, is the author of the company's NI 43-101 report on the Pino de Plata project, dated July 7, 2015, and is responsible for the technical content of this press release.



    www.silverspruceresources.com

     
  6. Epicram

    Epicram Member

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    This is perfect stock to invest for long term and gain good profit.
     

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