BEDFORD, NS / ACCESSWIRE / November 22, 2023 / Silver Spruce Resources, Inc. ("Silver Spruce" or the "Company") (TSXV:SSE) along with its partner Colibri Resource Corp. (TSX.V:CBI)(OTC:CRUCF) ("Colibri") are pleased to announce jointly the discovery of new Gold-Silver showings on the Diamante property which include assays to 3.52 g/t Au and 197 g/t Ag from outcrop grab samples.

Sporadic surface exploration since 2011 has resulted in several surface showings comprised of epithermal precious and base metal mineralization (Au-Ag+/-Cu-Pb-Zn) (Figure 1). Recent exploration at Diamante has been focused on Diamante II and includes property wide geological mapping, evaluation and sampling of historical showings, collection and analyses of 49 steam sediment samples, and assay of 60 outcrop samples.

Highlights of the 2023 work to date is the discovery of new mineralized showings in the southern and northern parts of the concession. Assays of 3.52 g/t Au and 121 g/t Ag from one showing and assays of 0.122 g/t Au and 197 g/t Ag from a second showing are on the southern part of the property in the area of Calton and Southern target areas which incudes a past sample of 39.8 /t Au and 109 g/t Ag. In the northern part of the Diamante II concession, samples returning assays of .818 g/t Au (5.07 g/t Ag) and 0.749 g/t Au (2.13 g/t Ag) are located approximately 250 metres northwest of the historical Mezquite-Raizudo showing which includes a sample which returned an assay of 5.64 g/t Au. A component of the field work completed to date has been geological mapping and evaluation of historical showings. Confirmation of the historical showings includes a sample which returned an assay of 3.34 g/t Au and 20 g/t Ag from the Calton target area.

Ian McGavney, President & CEO of Colibri commented: We are very pleased with these new results which significantly expands the footprint of known mineralization on the Diamante II concession. See & read more on
https://www.accesswire.com/808328/silverspruceprovidesdiamanteexplorationupdate3anewshowingsdiscovered3brocksampleassayhighlightsof352g2ftauand197g2ftag