Silver Spruce Resources (TSXV: SSE)

Currency in CAD

Last close As at 22/09/2023

CAD0.02

0.01 (100.00%)

Market capitalisation

CAD3m

Silver Spruce Resources is a Canada-based junior exploration company that predominantly explores for gold, silver, copper, zinc and lead across four sites in Canada and Mexico.

Latest Insights

Metals & Mining | QuickView

Silver Spruce Resources — Big ambitions

Metals & Mining | QuickView

Silver Spruce Resources — Multi-asset, multi-commodity exploration

Equity Analyst

Lord Ashbourne

Lord Ashbourne

Director, Energy & Resources

Key Management

  • Greg Davison

    PGeo VP Exploration

  • Mike Kinley

    CEO

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (33.3) (50.0) (50.0)
Relative (32.7) (50.8) (50.6)
52 week high/low C$0.0/C$0.0

Financials

In a frenetic seven months, Silver Spruce has 1) started and completed Phase 1 drilling at El Mezquite, 2) signed exploration agreements with two First Nations at Melchett Lake, 3) completed LiDAR surveys and ASTER and LANDSAT 8 hyperspectral and image analysis over all of its properties in Sonora, 4) discovered and extended a new, high-grade (eg 9.65g/t Au) exploration target at Jackie, and 5) completed due diligence and acquired options to acquire a 100% interest in the 8,750ha Mystery, Till and Marilyn properties in central Newfoundland. Corporately, it has named a new chairman after the passing of Dr Brian Penney and closed a C$1.2m private placement (at a price of 5c per unit) ahead of the traditional Q4 flow-through financing season. Exploration active at Melchett and Mystery.

Thematics

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Consumer

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