Silver Spruce Resources Inc. is a diverse junior exploration company headquartered in Bridgewater, Nova Scotia. The company has been historically focused on uranium, mainly in the Central Mineral Belt (CMB) of Labrador, Canada. With more than 11,882 claims (2,970 square kilometers), of which more than 4,000 are located in the CMB, Silver Spruce is one of the largest land holders in one of the world's premier emerging uranium districts. Silver Spruce is advancing a number of projects in the CMB and received the first ever NI 43-101 resource calculation for the Two Time Zone in April 2008.
Silver Spruce can earn a 100% interest in the Centauro Property, a gold-silver prospect in the Sierra Madre Occidental of Chihuahua State, Mexico. Significant soil anomalies in gold, silver, mercury and barium were defined at Centauro in early 2008 and diamond drilling is underway.
Silver Spruce also holds a 100% interest in the 511-claim CNL base metal project in central Newfoundland where an initial drill program has been completed.
Strong financial backing, an experienced management team, and a diverse property portfolio that includes a National Instrument 43-101 compliant uranium resource make Silver Spruce Resources Inc. an exciting Canadian investment opportunity.
2011 PLANNED EXPLORATION
1) REEs - Diamond drilling on the Pope's Hill project MP showing,
followed by regional exploration through the summer and fall on
the 1,359 claim group;
2) Uranium - Limited follow up (as required for assessment purposes
to maintain claims) on the CMB JV and 100% owned properties in
the Mount Benedict and Double Mer areas in Labrador;
3) Gold / Silver - Diamond drilling on the Rambler South and
Big Easy properties.
Link for their web site !!
http://www.silverspruceresources.com/s/Home.asp
Latest news links !!!!
June 7, 2011 Silver Spruce Reports on Phase 1 Drilling on Big Easy Gold/Silver Property Eastern Newfoundland
http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=461005&_Type=News&_Title=Silver-Spruce-Reports-on-Phase-1-Drilling-on-Big-Easy-GoldSilver-Property-E...
June 1, 2011 Silver Spruce Updates Exploration Activity and Plans for Summer Program
http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=460002&_Type=News&_Title=Silver-Spruce-Updates-Exploration-Activity-and-Plans-for-Summer-Program
May 3, 2011 Silver Spruce Discovers Significant Gold/Silver Mineralization Big Easy Property, Eastern Newfoundland April 8, 2011 Silver Spruce Reports on Ongoing Diamond Drilling
http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=450796&_Type=News&_Title=Silver-Spruce-Reports-on-Ongoing-Diamond-Drilling-Program-Big-Easy-GoldSilv...
April 8, 2011 Silver Spruce Reports on Ongoing Diamond Drilling Program Big Easy Gold/Silver Property, Eastern Newfoundland
http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=450796&_Type=News&_Title=Silver-Spruce-Reports-on-Ongoing-Diamond-Drilling-Program-Big-Easy-GoldSilv...
March 29, 2011 Silver Spruce Reports on Diamond Drilling and Geophysical Surveys Pope's Hill REE Project - Trans Labrador Highway, Labrador
http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=449249&_Type=News&_Title=Silver-Spruce-Reports-on-Diamond-Drilling-and-Geophysical-Surveys-Popes-Hil...
March 24, 2011 Silver Spruce Reports on Start of Diamond Drilling Road accessible, Big Easy Gold Silver Property, Eastern Newfoundland
http://www.silverspruceresources.com/s/NewsReleases.asp?ReportID=448951&_Type=News&_Title=Silver-Spruce-Reports-on-Start-of-Diamond-Drilling-Road-accessible-Big-Easy...
| | November 05, 2010
Share Structure |
| | | Common Shares Outstanding | | 79,850,365 | | Warrants | | 20,220,512 | | Options - Executive & Consultants | | 9,450,000 | | Fully Diluted | | 109,20,107 | |
Contact information !!!
Investor relations: Ascenta Capital Partners Inc
Hugh Oswald
address:1610 -1066 West Hastings St.
vancouver,B.C.
Canada V6E 3X1
telephone: 604-684-4743-ext. 243
toll free: 866-694-4743-ext, 243
email: hugh@ascentacapital.com
Investor Relations: Ascenta Capital Partners Inc.
Hugh Oswald
| Address: | 1610 - 1066 West Hastings St.
Vancouver, BC
Canada V6E 3X1 | | Telephone: | 604.684.4743 ext. 243 | | Toll Free: | 1.866.684.4743 ext. 243 | | Email: | hugh@ascentacapital.com |  | | |
| | |
Head Office: Gordon Barnhill
| Address: | Suite 312 - 197 Dufferin Street
Bridgewater, Nova Scotia B4V 2G9 - Canada | | Telephone: | 902.527.5700 | | Fax: | 902.527.5711 | |
|
INVESTMENT HIGHLIGHTS
Second largest land holder in the Central Mineral Belt
Properties are located in close proximity to companies such as Aurora Energy and Crosshair Exploration (Silver Spruce surrounds both of these companies on three sides)
Experienced management - including Peter Dimmell, vice-president of exploration, who is the past president of the Prospectors & Developers Association of Canada and Guy MacGillivray, senior geologist with 25 years of experience and crucial uranium experience with Eldorado Nuclear and Shell Canada
Large-scale exploration program underway that has led to the first "newly discovered" resource to be defined in the Central Mineral Belt since the 1970s
A diversified portfolio of projects in Canada and Mexico
Well-financed with no debt