Silver Spruce Identifies Additional Drill Targets at Pino de Plata
Silver Spruce Identifies Additional Drill Targets at Pino de
Plata
March 28, 2019 - Bridgewater, NS - (TSXV:SSE) – Silver Spruce Resources Inc. ("Silver Spruce"
or the "Company") is pleased to announce that its exploration team has identified additional areas
for further field investigation as potential drill targets for its upcoming program at the Pino de Plata
project in western Chihuahua State, Mexico.
Reinterpretation of current and historical data from the project and ongoing field examination by
Dr. Craig Gibson, Ph.D., CPG, have identified new areas to map and sample to the west of the El
Terrero target, a 20 hectare area of strongly altered rock. This area lies southeast of the Sierpe I
and Sierpe II vein target areas and hosts historical underground workings at the La Perla vein. The
La Perla vein workings have not been accessed underground by Company field crews due to safety
considerations, but sampling at the outcrop yielded as much as 318 g/t Ag with anomalous Au and
Pb. The large area of alteration appears to be associated with both the vein mineralization at La
Perla and the historic Terrero workings. Sampling of the Terrero area yielded as much as 557 g/t
Ag and anomalous Au and Pb , and provides a large, high priority target with potential for
significant volume of mineralized rock.
“This is an exciting development for the Pino de Plata project,” stated Karl Boltz, the Company’s
CEO. “Field observations and historical data indicate that areas not focussed on during the
preparation of the NI 43-101 report merit detailed field work and sampling prior to final selection
of drill hole collar locations.”
Under Dr. Gibson’s di rection, the ProDeMin geological field crews mobilized to the project are
using a portable XRF (x-ray fluorescence) analyzer and a near -infrared spectrometer to obtain
immediate indications of mineralization, pathfinder elements and associated alteration that occurs
on the surface of sampled materials. Several sample lines will be tested on outcrops and soils with
the handheld instruments as an orientation survey prior to detailed data collection on a grid pattern.
Locations with anomalous XRF readings will be sampled under standard QA/QC protocols and
immediately shipped to a commercial laboratory for geochemical analysis.
Qualified Person
Dr. Craig Gibson, Ph.D., CPG, is the Company’s external Qualified Person for the Pino de Plata
project and is responsible for 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 pursuing development of
the Pino De Plata project, located in the prolific Sierra Madre Occidental region of western
Chihuahua State in Mexico. The Company also holds an indirect interest in the Kay Mine project
according to terms of the sale agreement with Croe sus Gold Corp., which was announced in the
Company’s news release on January 30, 2019. Silver Spruce Resources Inc. continues to
investigate opportunities that Management has identified or that have been presented to the
Company for consideration.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. The company seeks Safe Harbour.
Contact:
Silver Spruce Resources Inc.
Karl Boltz, President/CEO/Director
(866) 641-3397
www.silverspruceresources.com