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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.
Metals & Mining
Director, Energy & Resources
Greg Davison
PGeo VP Exploration
Mike Kinley
CEO
| % | 1M | 3M | 12M |
|---|---|---|---|
| Actual | (20.0) | 0.0 | (20.0) |
| Relative | (17.8) | 0.2 | (19.8) |
| 52 week high/low | C$0.0/C$0.0 |
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.
