Silver Spruce engages Eagle Mapping for LiDAR Survey on Diamante Au-Ag Project, Sonora, Mexico
Silver Spruce engages Eagle Mapping for LiDAR Survey on Diamante Au-Ag Project,
Sonora, Mexico
May 3, 2021 - Bedford, NS - (TSXV:SSE) - Silver Spruce Resources, Inc. ("Silver Spruce" or the
"Company") is pleased to advance its spring exploration program on the 1,057-hectare Diamante
property (“Diamante” or the “Property”) and announce an airborne LiDAR survey by Eagle
Mapping Ltd. (“Eagle Mapping”) of Port Coquitlam, British Columbia.
"We are working to fast -track our technical evaluation of Diamante and upgrade our digital
database prior to mobilizing the field exploration team and commencing the environmental report
required to permit drilling on several highly promising gold-silver and base metal targets,” said
Greg Davison, Silver Spruce Director and VP Exploration. “Taking advantage of a timely
scheduling opportunity, t he new LiDAR data will provide another value -added 3D element to
complement the geological and structural mapping, and enhance our topographic control for the
Phase 1 drilling program.”
Figure 1. Moderate rolling topography on Diamante 1 showing extensive oxidation, jarosite and argillic
alteration at the El Caso showing.
The Company retained Eagle Mapping Ltd. (“Eagle Mapping”) to carry out a LiDAR (Light
Detection and Ranging) survey over the Property. As shown in Figure s 1 and 2, the Property
mainly exhibits moderate topographic relief over many areas of the known mineralization.
Media Release
Eagle Mapping collected LiDAR data and aerial photography from a nominal flight elevation of
5000 feet (1500 metres) at a minimum density of 8 ppm (pulses/m 2) with expected accuracies of
±15 cm in the vertical and ±30 cm in the horizontal. Colour aerial photography will be
orthorectified to the LiDAR base earth model with a 12 cm pixel resolution. Digital elevation
(DEM) and digital surface (DSM) models with contours at 1 metre will be generated. The LASer
(LAS) point cloud with classified bare earth and metadata final report will be contained in the
deliverables. The LAS format is an open binary file format designed for the interchange and
archiving of LiDAR point cloud data and regarded as an industry standard for LiDAR data.
The Eagle Mapping tea m mobilized from Mexico City with a local flight base from Ciudad
Obregón, southern Sonora, Mexico. Our LiDAR survey results are scheduled to be processed and
reported shortly.
Figure 2. Steep outcrop exposure cut along historical trail on Diamante 1 near La Prieta artisanal mine.
About Eagle Mapping
Eagle Mapping has more than 30 years of Aerial Mapping experience and flown LiDAR surveys
from Alaska to Chile for clients associated with Mining, Forestry, Engineering, Ecological and
First Nations sectors. They specialize in Aerial LiDAR and air photo collection and processing,
and own state of the art LiDAR collection equipment including the RIEGL VQ-780i, LMS-Q1560
and LMS-Q780 using the most sophisticated software to process LiDAR data.
Project Background
The Property is located within the west -central portion of the Sierra Madre Occidental Volcanic
Complex within the prominent northwest -trending “Sonora Gold Belt” of northern Mexico and
parallel to the well-known, precious metals-rich Mojave-Sonora Megashear (Figure 3).
Figure 3. Location Map of Diamante Property and Mines of the Sierra Madre Occidental
The Property is very well situated in terms of logistics for exploration, adjacent to and west of the
El Mezquite and Jackie properties, and is located twelve to fifteen kilometres west and northwest
of the Nicho deposit currently under mine development by Minera Alamos (see Press Releases –
April 26 and April 29, 2021).
The adjacent El Mezquite and Jackie projects are currently subject to option agreements with
Colibri wherein SSE can earn 50% of the gold and silver projects by meeting certain criteria over
four years and two years, respectively.
El Mezquite and Jackie currently have assays pending from Phase 1 mapping and prospecting
while we recently received our SEMARNAT approval for El Mezquite’s maiden drilling program
to begin this month (see Press Release – April 20, 2021).
Project Geology
Diamante includes more than ten known occurrences at La Prieta -El Aguaje, El Chon-El Pillado,
La Olla, La Cruz and El Caso, Mezquite Raizudo, El Puerto, El Cumbro, Calton and the Southern
Anomaly (Figure 4). The target locations were provided previously (see Press Release - April 12,
2021).
Sampling highlights on Diamante have reported outstanding values of precious and base metals
(Au, Ag, Pb, Zn) collected from historic al mine dumps, small -scale processing slag, and assays
from vein (veta) and stockwork style mineralization to 39.8 g/t Au and 3,460 g/t Ag with
significant base metals (see Press Releases - April 12 and April 26, 2021).
Project
Location
Diamante 1 and 2
The Property exhibits geological fe atures of epithermal low to intermediate sulphidation Ag -Au
(Pb-Zn), high sulphidation Au-Cu, and potential transition to porphyry style Au-Cu.
Figure 4. Sampling (channel 0.3 metres) to right of 1.5metre wide adit, silicified breccia, N30°E
fracturing filled with quartz and sulphides, El Chon artisanal workings on Diamante 1.
Qualified Person
Greg Davison, PGeo, Silver Spruce VP Exploration and Director, is the Company’s internal
Qualified Person for the Diamante Project and is responsible for approval of the technical content
of this press release within the meaning of National Instrument 43 -101 Standards of Disclosure
for Mineral Projects ("NI 43-101"), under TSX guidelines.
About Silver Spruce Resources Inc.
Silver Spruce Resources Inc. is a Canadian junior exploration company which has signed
Definitive Agreements to acquire 100% of the Melchett Lake Zn -Au-Ag project in northern
Ontario, and with Colibri Resource Corp. in Sonora, Mexico, to acquire 50% intere st in Yaque
Minerales S.A de C.V. holding the El Mezquite Au project, a drill -ready precious metal project,
and up to 50% interest in each of Colibri’s early stage Jackie Au and Diamante Au-Ag projects,
with the three properties located from 5 kilometres t o 15 kilometres northwest from Minera
Alamos’s Nicho deposit, respectively. The Company also is pursuing exploration of the drill -
ready and fully permitted Pino de Plata Ag project, located 15 kilometres west of Coeur Mining’s
Palmarejo Mine, in western C hihuahua, Mexico. Silver Spruce Resources Inc. continues to
investigate opportunities that Management has identified or that have been presented to the
Company for consideration.
Contact:
Silver Spruce Resources Inc.
Greg Davison, PGeo, Vice-President Exploration and Director
(250) 521-0444
Michael Kinley, CEO
(902) 826-1579
www.silverspruceresources.com
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Notice Regarding Forward-Looking Statements
This news release contains "forward -looking statements," Statements in this press release which are not purely historical are
forward-looking statements and include any statements regarding beliefs, plans, expe ctations or intentions regarding the future,
including but not limited to, statements regarding the private placement.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include,
among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing
on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-
looking statements are made as of the date of this news release, and we assume no obligation to update the forward -looking
statements, or to update the reasons why actual results could differ from those projected in the forward -looking statements.
Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can
be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.