August 3, 2022 – Bedford, NS – (TSXV:SSE) – Silver Spruce Resources Inc. (“Silver Spruce” or the “Company”), with its partner Colibri Resources Corp. (“Colibri”), announces that their Hermosillo-based team of geologists and service contractors has completed the first R/C drilling program on the Diamante project. Nineteen (19) holes were drilled in its 2,005-metre program at
the La Prieta (10) and El Pillado (9) Au-Ag-Pb-Zn-Cu targets (Figure 1, Table 1). The drill-ready Diamante gold-silver (Au-Ag) property (“Diamante” or the “Property”) is located 5 km northwest of Tepoca, and 165 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico.