Silver Spruce Resources Inc. announced that the Company has initiated its Informe Preventivo for application to the Mexican government environmental authority SEMARNAT for the Diamante drilling permit. Silver Spruce engaged Green & Ceo, Asesorío Profesional y Securidad en Ambiente, of Hermosillo, Sonora to manage the environmental permitting process. The SEMARNAT permit is expected within four to six weeks of submission.

The Company also is pleased to provide high-grade results from additional historical rock sampling at several known targets with artisanal workings. Recent literature research identified reports with maps, field sampling sections and assays for seventy-seven (77) previously unreleased samples with precious and base metal values reporting up to 25.69 g/t Au, 1,360 g/t Ag, 18.2% Pb, 33.5% Zn and 1.47% Cu. The surface and U/G channel samples (to 2.5 metres) were collected from Diamante 1, the northern concession, at the La Prieta, Aguaje, El Chon, El Chon Oeste, El Chon Sur, Hacia del Oeste, La Olla, Lupita, Pillado, Pillado Sur and Pillado Grande targets.

The highest-grade individual sample was collected from a 15cm vein in the La Prieta workings (25.69 g/t Au, 1,265 g/t Ag, 18.2% Pb, 23.0% Zn and 1.47% Cu). The Diamante gold-silver (Au-Ag) project ("Diamante" or the Property") is a drill-ready precious metal property located 5 km northwest of the town of Tepoca, and 165 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico. Diamante offers strong precious metal tenor with a polymetallic endowment like the Company's Pino de Plata project, and both contain multiple quality targets, limited artisanal mining and small- scale production, of particular significance for exploration moving forward, no records of drilling on either property.

Historical Rock Sampling: The recently acquired reports and maps contained polymetallic assays of rock samples from La Prieta, Aguaje, El Chon, El Chon Oeste, El Chon Sur, Hacia del Oeste, La Olla, Lupita, Pillado, Pillado Sur and Pillado Grande targets. Diamante includes twelve known occurrences at La Prieta, El Aguaje, El Chon, El Pillado, La Olla, La Cruz and El Caso, Mezquite Raizudo, El Puerto, El Cumbro, Calton and the Southern Anomaly (Anomalía Sur). Sampling highlights from these areas of interest, some with artisanal mining, have reported significant precious and base metals in samples collected from historical mine dumps, small-scale processing slag and assays from vein and stockwork-style mineralization.

Silver Spruce sent a team of two geologists to the Diamante Concessions to check the known targets and conduct preliminary sampling from the artisanal workings at Calton, El Cumbro, La Olla, La Prieta and El Chon. The due diligence visit verified the location and presence of high-grade Au-Ag and Pb-Zn-Cu values, and pathfinder elements including As, Sb, Hg, Cd and Bi, from selected small-scale workings and dumps which provide an excellent starting point for building discoveries in several diverse geological settings. Based on the distribution of the overall sampling (n=354), several newly renamed targets are designated, and the Diamante concessions overall comprises eighteen mineralized areas with seven under consideration for the Phase 1 drilling.

These include La Prieta, El Cumbro, Mezquite Raizudo, El Chon, La Olla, Calton and Pillado. Disseminated and stockwork mineralization at Anomalía Sur and El Puerto offer bulk low-grade targets.