Silver Spruce Contracts Eagle Mapping and GeoCloud Analytics, Completes Lidar Survey on Melchett Lake VMS Project, Ontario

BEDFORD, NS / ACCESSWIRE / November 29, 2022 / Silver Spruce Resources Inc. (the "Company") (TSXV:SSE)(OTCQB:SSEBF) is pleased to announce technical services agreements with Eagle Mapping Ltd. ("Eagle Mapping") of Port Coquitlam, British Columbia, and GeoCloud Analytics of Melbourne, Australia to carry out an airborne LiDAR survey and re-process the LASer (LAS) point cloud data, respectively, over the Melchett Lake Zn-Cu-Au-Ag volcanogenic massive sulphide project ("Melchett" or the "Property"). Melchett is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada (the "Property"). The Property lies 110 km north of Geraldton and 60 km north of Nakina.

Foto: Accesswire

Figure 1. Melchett Lake claims (outlined in blue) show area covered by 2022 LiDAR survey. Yellow frame - 2021 MPX geophysical survey, Red frame - 2002 Fugro DIGHEM^V survey, Purple frames - indicate from west to east Key Lake, Nakina, Relf Lake and Iron Lake primary targets

"We continue to steadily advance our exploration program for polymetallic targets at Melchett Lake and were pleased to schedule the LiDAR survey during October to complete data collection in only one flight day over the entire Property," said Greg Davison, Vice-President Exploration and Director of Silver Spruce. "The LiDAR program is to define, using re-processing of the Eagle Mapping LAS point source data by GeoCloud Analytics, major to subtle structural features, archaeological sites or features proximal to the Kapikotongwa-Melchett-Nass Lakes waterway south of the Property, and more detailed topographic control for access routes and drilling collar locations. Pending project financing and contractor scheduling, line-cutting by Pleson Geoscience will be performed during Q2 2023 to be followed by the Quantec Geoscience ("Quantec") deep-penetrating SPARTAN Magnetotelluric ("MT") survey."

"The principal target area for the program has extensive soil and rock geochemical anomalies, known VMS style mineralization from surface to >500 metres depth, highly favorable alteration type and intensity, increasing Cu to Zn with depth, and deep Maxwell modelled plates off-hole from borehole EM surveys, stated Mr. Davison. "The 2021/2022 MPX airborne survey complemented our project ArcGIS database with state of the art, high resolution data over these promising targets extending through several historical gold, silver and base metal showings and geochemical anomalies identified on the eastern and western claims."