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     332  0 Kommentare Silver Spruce Provides Update on Pino de Plata Project Plans for Maiden Drill Program

    BRIDGEWATER, NOVA SCOTIA--(Marketwired - Nov. 15, 2017) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to announce that it has restarted the permitting process for initiating the drill program at its Pino de Plata silver project. The 397-hectare (Ha) project is located in the Sierra Madre Occidental of Western Chihuahua State, Mexico, approximately 15 kilometres west from Coeur Mining's Palmarejo silver project and approximately 12 kilometres due south of the town of Chinipas, Chihuahua State, Mexico.

    The Company has obtained assurance from the surface land owners that they will sign the formal permitting applications necessary to submit to the Department of Mines and SEMARNAT in order to obtain the permits for constructing road access to some drill locations and new drill pads. Silver Spruce has contracted PRODEMIN, SA de CV to manage the environmental permit applications, and a local contractor will be hired to complete the required earthworks for access road rehabilitation and creation of drill pads where needed.

    "We are delighted to be back on track at Pino de Plata. Surface land owners with ranches on our project have agreed to grant access for the drill campaign that is slated to commence after the Christmas holidays," stated Karl Boltz, CEO of Silver Spruce.

    On previous site visits, Silver Spruce's field team successfully positioned the proposed drill hole locations and mapped the new road access for the upcoming drill program at the project. The team also completed onsite tours with representatives of three drilling companies that are submitting bids for the drilling contract. This first-ever drill program at the project is based on recommendations contained in the NI 43-101 report, which is available on our website at www.silverspruceresources.com and is filed on www.sedar.com.

    El Terrero Target

    The first high priority drill target is El Terrero, a 2,000 square metre area of disseminated epithermal mineralization in igneous (intrusive) rock, characterized by at least five adit portals and a significant tailings pile left by Spanish miners active in the 1880's. During the property visit for the NI 43-101 report, surface grab samples were collected and returned values to a maximum of 557 grams per tonne (g/t) silver (Ag) or (over 17.9 ounces per tonne (opt) Ag). These samples also returned highly anomalous values of gold (Au), lead (Pb), zinc (Zn) and copper (Cu). Six holes are planned with targeted depths to 100 metres.

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    Silver Spruce Provides Update on Pino de Plata Project Plans for Maiden Drill Program BRIDGEWATER, NOVA SCOTIA--(Marketwired - Nov. 15, 2017) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to announce that it has restarted the permitting process for initiating the drill …