Silver
Spruce Awards
Phase
I Drilling Contract
at Pino
de
Plata;
Drilling
to Commence Within Days
Bridgewater, NS -- May 15, 2019 -- InvestorsHub NewsWire
-- (TSXV: SSE) –
Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") is
pleased to announce
that the Company has awarded the contract for the imminent Phase I
drill program at
Pino
de Plata to
ECODRILL
of Mexico
("ECODRILL").
ECODRILL
will mobilize equipment and personnel immediately and plans to
begin drilling within a week.
ECODRILL
is an industry leader in environmentally sound drilling practices,
and uses a proprietary process to conserve water for
drilling.
The company's website states, "ECODRILL
is a leader in providing high quality Exploration Services and
Products for the mining industry. We
specialize in executing deep diamond drill holes in challenging
environments. We also provide directional drilling and optimal
core
hole
location. Since
2013 we have successfully drilled
over 200,000 meters."
"We are
enthusiastic to finally be mobilizing an experienced drill company
to conduct the first drilling in history at the
Pino
de Plata project. Given the rich history of artisanal mining of
high grades of mineralization and our detailed field work and
preparations for the Phase I program, we anticipate exciting
results in the next few weeks,"
stated Karl
Boltz,
President & CEO of Silver Spruce.
"Our goal is to explore and develop a significant high grade
resource of silver and base metals that may support near-term
surface mining and direct shipping of ore."
Phase I
The Phase I drill program will consist of at least twelve holes for
a total of 2000-2500 metres of HQ diameter core.
All planned Phase I drill holes will be collared on existing roads
that pass over or adjacent to the targets, with no new access roads
required.
Program management and geology, logging of core, QA/QC, sample
delivery
to laboratory, chain of custody,
etc., will be managed by
ProDeMin
under the direct supervision of Qualified Person,
Dr. Craig
Gibson, Ph.D.
Drill Ready
The Company holds a permit to drill 30 holes, which includes
locations for Phase I and Phase II drill programs. A surface access
agreement is in place, as is required to obtain the
permit.
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 Croesus 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
info@silverspruceresources.com
www.silverspruceresources.com