SILVER SPRUCE SIGNS LOI ON 1,057-HECTARE DIAMANTE AU-AG CONCESSIONS, SONORA, MEXICO – HISTORICAL ASSAYS TO 39.8 GPT AU AND 3,460 GPT AG

April 12, 2021 – Bedford, NS – (TSXV:SSE) – Silver Spruce Resources, Inc. (“Silver Spruce” or the “Company”) is pleased to announce the signing of a Letter of Intent with Colibri Resource Corp. (TSXV:CBI) (“Colibri”), and its wholly-owned Mexican subsidiary, Yaque Minerales SA de CV (“Yaque”), to acquire up to 50% interest in four concessions comprising two properties, Diamante 1 and Diamante 2, with a cumulative land position of 1,057 hectares.

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