BRIDGEWATER, NOVA SCOTIA–(Marketwired – Oct. 19, 2016) – Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) (“Silver Spruce” or the “Company”) is pleased to provide updates on the progress to conduct the first drill program at its Pino de Plata project. The 397 hectare (Ha) project is located in the Sierra Madre Occidental of Western Chihuahua State, Mexico, approximately 15 kilometres from Coeur Mining’s Palmarejo silver project and approximately 12 kilometres due south of the town of Chinipas, Chihuahua State, Mexico.
The following actions have been accomplished to date:
- Drill hole locations have been pinpointed and marked on site,
- Drilling company bids were received and analyzed; selected company formal contract to be executed,
- Environmental engineers have toured the site and completed necessary field work required to submit “Informe Preventivo”, environmental declaration for any impact resulting from the drill program,
- Second semester 2016 “derechos” (mining taxes) have been paid in full.