Silver Spruce and partner Colibri Resource Launch 2024 Drilling Program on El Pillado Polymetallic Target at Diamante Au-Ag Project, Sonora, Mexico

BEDFORD, NS / ACCESSWIRE / April 18, 2024 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") along with our partner Colibri Resource Corp. ("Colibri" and together with Silver Spruce, the "Companies"), jointly announce the initiation of core drilling operations at the El Pillado polymetallic target for our second drilling program at the Diamante project ("Diamante or the "Property"). The 10-hole, 1,050-metre program will test new priority target areas and build on positive results from the 2022 and 2023 exploration programs (Table 1, Figure 1).

"The Companies' exploration team and contractors are proceeding with their follow-up target drilling initiated on El Pillado on the Diamante 1 concession and additional drill holes planned southeast of El Pillado and at La Prieta, both on Diamante 1 and three holes at Mezquite Raizudo in the northern section of Diamante 2. Trails and drill pads were prepared prior to and after the drill team arriving on site," stated Greg Davison, Silver Spruce Vice-President Exploration and Director. "We are pleased with the high quality of the drill core being recovered to date from the first holes from the El Pillado target by Diamond Drills Mexico ("DDM") S.A. de C.V. based in Hermosillo, Sonora, Mexico, and we look forward to identifying extensions to the previously drilled areas and opportunities for target definition based on the geological and geophysical interpretations for the two new targets."

Foto: Accesswire

Table 1. Planned 2024 Diamante core drilling program - 10 holes, 1,050 metres

The drill-ready 1,057-ha Diamante gold-silver (Au-Ag) property is located 8 km northwest of the town of Tepoca, and 160 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico (Figure 1). Diamante offers strong precious metal tenor with a polymetallic endowment, multiple quality targets, styles of mineralization, limited artisanal mining and small-scale production, of particular significance for our exploration moving forward, no records of drilling prior to the Companies' recent program. Agreements were signed with several ranches on the claims enabling land access to the selected 10 drill targets. The Companies report that core drilling was initiated by DDM using a Duralite 250B Man portable drill (Figure 2) and local heavy equipment remained on site to complete trail and drill pad preparation (Figure 3).