Silver Spruce Resources Inc. Announces Mobilization and Commencement of its Phase 1 Program on the 1,130-Hectare Jackie Au-Ag Property
January 18, 2021 at 07:08 am EST
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Silver Spruce Resources Inc. announced mobilization and commencement of its Phase 1 program on the 1,130-hectare Jackie Au-Ag property, an early-stage precious metal project located 175 km east of Hermosillo, Sonora, Mexico. The Company signed a Definitive Agreement with Colibri Resource Corp. to acquire 50% interest in the Jackie Project (the “Property”). Phase 1 Exploration Program The Company, with a four-person team (two senior geologists and two samplers) and all necessary logistical support, is undertaking a first pass exploration program, including prospecting, rock, soil
and stream silt/sand sampling, initial geological mapping of areas exhibiting significant alteration or mineralization and collection of structural data. The team will focus on identifying and sampling readily accessible areas of interest, confirming areas for future detailed mapping and providing a geochemical baseline map for vectoring toward potential Phase 2 targets. Phase 1 will have a planned duration of three weeks after which the team is expected to continue the mapping program at El Mezquite. All aspects of the exploration program will be conducted with strict adherence to COVID-19 protocols for personal safety.
The work program will include a QA/QC program with standards, blanks and duplicates to accompany the in-house programs at ALS Global ("ALS"). Samples will be delivered to the ALS sample preparation facility in Hermosillo, Sonora, Mexico. Splits will be sent to ALS in North Vancouver, BC for gold by fire assay and to ALS in Reno, NV for hyperspectral analysis using the Terraspec 4 and aiSIRIS identification of the principal silicate, sulphate, carbonate and hydrous
oxide species, namely the alteration minerals and their relative intensity. Multi-element analysis
will be carried out at ALS in North Vancouver on select samples as results warrant from the
distribution of the gold values and coincident spatial anomalies with alteration mapping.
In parallel, the Company has retained GeoDigital Imaging de Mexico S.A. de C.V. ("GeoDigital")
to carry out GIS data compilation and preparation of digital base maps for geographical,
geological, geochemical and geophysical information. GeoDigital, based in Hermosillo since
2008, provides the high international quality standards in geological consulting, satellite
imagery and geographic information systems, resource estimation and 3D modelling, topography
and digital elevation models, geology and software training.
Project Geology, Location and Access:
The Jackie Project is located within the western portion of the Sierra Madre Occidental Volcanic
Complex within the prominent northwest-trending "Sonora Gold Belt" of northern Mexico and
parallel to the precious metals-rich Mojave-Sonora Megashear.
The Property is situated approximately six kilometres northwest of the Nicho deposit currently
under mine development by Minera Alamos. Other nearby large operating mines include Alamos
Gold's Los Mulatos gold mine and Agnico Eagle's La India gold mine located 50-60 km to the
northeast, Agnico Eagle's Pinos Altos Mine, 95 km southeast and Argonaut's La Colorada Mine,
100 km to the west. Exploration is very active with adjacent and nearby properties reported to be
held by Minera Alamos, Newmont, Garibaldi, Evrim, Kootenay Silver and Peñoles.
The 1,130-hectare Property is easily accessible from Hermosillo to the Tepoca area and heading
south from Mexican Highway #16 or west from Highway #117, or from Ciudad Obregón travelling
northeast on Hwy. #117 and west to the pueblo of La Quema with vehicles and then pack teams
along unpaved roads and trails. The southerly road from Hwy #16 traverses through the centre of
the known gold mineralization at El Mezquite only 2 km north of Jackie. High
voltage power lines are positioned on Highway #16.
Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast-striking, subvertical to moderately Archean metavolcanic quartz-sericite schists to coarse fragmental units. The Company intends to own 100% interest in the Mystery Au project in the Exploits Subzone Gold Belt, Newfoundland and Labrador; 100% interest in the Pino de Plata Ag project located 15 kilometers (kms) west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico; 50% interest in the Jackie Gold project, located 5 km south-southwest of the towns of Tepoca and Carrizal, and up to 50% interest in Diamante Au-Ag project located from 5 to 15 kms northwest from Nicho deposit in Sonora, Mexico.