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Silver Spruce Obtains SEMARNAT Approval for Informe Preventivo and Granted Permit to Drill El Mezquite Au Project, Sonora, Mexico

Exploration Programs Permits & Approvals

Silver Spruce Obtains SEMARNAT Approval for Informe Preventivo and Granted Permit

to Drill El Mezquite Au Project, Sonora, Mexico

April 20, 2021 - Bedford, NS - (TSXV:SSE) - Silver Spruce Resources Inc . ("Silver Spruce" or

the "Company") is pleased to announce the approval for its Informe Preventivo, the environmental

application required for drilling on the El Mezquite Project (“El Mezquite” or the “Property”) .

The permit was received and granted to the concession holder, Yaque Minerals S.A. de C.V.

(“Yaque”) by the Mexican Secretariat of Environment and Natural Resources ( SEMARNAT) for

El Mezquite, a drill-ready precious metal project located 10 km northwest of the town of Tepoca,

and 170 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico.

“We are very pleased to move forward from the permitting to the drilling activities for El Mezquite.

The environmental application for Yaque was very thorough and required no revisions for its

approval. The timely receipt of the permit speaks volumes to the high-quality technical report

prepared by Sr. Ruiz and his team at Green & Ceo ,” stated Greg Davison, Silver Spruce Vice-

President Exploration and Director . “The Company has completed the planning for the Phase 1

2,000 metre drill program and will select the drill contractor shortly. Mobilization of the rig and

geological team to the Property is planned during the first week of May.”

Figure 1. Looking north to principal gossan and alteration zones and El Mezquite Phase 1 drill targets;

easy access to ranch trail from Highway #16 crossing E-W in background.

Media Release

Silver Spruce contracted Green & Ceo, Asesorío Profesional y Securidad en Ambiente, of

Hermosillo, Sonora to manage the environmental permitting process.

The permit allows for fourteen (14) drill pads over the targets in the northern area of the concession

as tabulated below in Table 1.

Table 1. Proposed and permitted pads and collars for Phase 1 El Mezquite exploration drill program

Project Background

The 180-hectare Property is easily accessible from Mexican Highway #16 via a southerly-trending

unpaved road which traverses through the centre of the known gold mineralization (see Figure 1).

High voltage power lines are positioned along Highway #16.

The El Mezquite Project 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 (see

Figure 2).

The Property is very well situated in terms o f logistics for exploration and is located only twelve

kilometres northwest of the Nicho deposit currently under mine development by Minera Alamos.

DDH Pad DDH Collar WGS 84 UTM E WGS 84 UTM N Azimuth Direction Elevation (m) Dip Depth (m)

M1 Mez-1 666240 3148405 270 W 747 45 100

Mez-2 666240 3148405 180 S 747 45 100

M2 Mez-3 666240 3148530 135 SE 755 45 100

Mez-4 666240 3148530 225 SW 755 45 175

Mez-5 666240 3148530 315 NW 755 45 100

M3 Mez-6 666305 3148240 135 or 90 SE or E 739 45 100

Mez-7 666305 3148240 180 S 739 45 100

M4 Mez-8 666355 3148460 270 W 748 45 100

Mez-9 666355 3148460 180 S 748 45 150

Mez-10 666355 3148460 135 SE 748 45 100

M5 Mez-11 666360 3148280 270 W 736 45 100

Mez-12 666360 3148280 180 S 736 45 100

M6 Mez-13 666315 3148380 225 or 270 SW or W 748 45 100

Mez-14 666315 3148380 135 SE 748 45 100

M7 Mez-15 666065 3148420 315 NW 753 45 100

Mez-16 666065 3148420 0 N 753 45 100

M8 Mez-17 666250 3148695 180 S 767 45 100

Mez-18 666250 3148695 135 SE 767 45 100

M9 Mez-19 666325 3148780 180 S 780 45 100

M10 Mez-20 666120 3148280 180 S 739 45 100

B1 Mez-21 666325 3148660 270 or 315 W or NW 766 45 100

B2 Mez-22 666275 3148855 180 S 798 45 100

Mez-23 666275 3148855 135 SE 798 45 100

B3 Mez-24 666135 3148580 135 SE 798 45 100

Mez-25 666135 3148580 180 S 760 45 100

B4 Mez-26 666345 3148530 135 or 180 S or SE 751 45 100

Mez-27 666345 3148530 225 SW 751 45 175

Total 2900

Figure 2. Location Map of El Mezquite Property and Mines of the Sierra Madre Occidental

Qualified Person

Greg Davison, PGeo, Silver Spruce VP Exploration and Director, is the Company’s internal

Qualified Person for the El Mezquite Project and is responsible for approval of the technical

content of this press release within the meaning of Nati onal Instrument 43 -101 Standards of

Disclosure for Mineral Projects ("NI 43-101"), under TSX guidelines.

About Green & Ceo

Green & Ceo, Asesorío Profesional y Securidad en Ambiente (Professional Advisory and Safety

in the Environment), based in Hermosillo, Mexico, specializes in solving, optimally and

sustainably, all matters of Environmental Management, Safety and Hygiene, typical of current

Economic Development. Green & Ceo is a CEDES Accredited Service Provider (Prestador de

Servicios Acreditado por CEDES).

With its background of knowledge and more than 12 years of experience in this type of permit for

the mining industry, Green & Ceo takes investors hand in hand to obtain Authorizations, Licenses,

Permits, as well as the Environmental Management and Security of any economic venture

(www.green-ceo.com). In particular, the Permit has been developed by Sr. Saul Ruiz (Green Star)

who has a track record of more than twenty-seven years.

El Mezquite

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 50% interest in Colibri’s early stage Jackie Au project, with both properties located only 12

and 6 kilometres west 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 Chihuahua, 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

[email protected]

Brian Penney, Chairman

(902) 430-8270

[email protected]

www.silverspruceresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defin ed in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

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, expectations 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 finan cing

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, ther e can

be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.