Silver Spruce Reports Continued Significant REE Results Pope's Hill MP Trend, Trans Labrador Highway, NL

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT;S6Q) - 

Highlights



--  REE bearing zone on PH - MP trend defined over an approximate 2.8 km
    strike length - open 
--  Values to 25.4% TREE+Y, averaging 9% from outcrop / subcrop samples in
    the T1/T2 area 
--  1 km from the Trans Labrador Highway; up to 70 m wide, averages 20 m to
    30 m wide 
--  Parallel zone - T3 system - values up to 6.4%, less than 300 m from the
    Trans Labrador Highway 



Silver Spruce Resources Inc. is pleased to announce continued significant
results from prospecting on the road accessible Pope's Hill (PH) rare earth
element (REE) property, along the paved Trans Labrador Highway (TLH)
approximately 100 km to the west of Happy Valley-Goose Bay in south central
Labrador. Results were previously released on July 21 and August 9, 2011. A
total of 153 samples have been submitted for analyses from the 100% owned PH
property including 17 from regional exploration. Results are reported for the
136 samples along the MP trend on the original PH property. The regional results
remain pending.


Most samples from the MP trend were taken from the moderately to highly
radioactive, massive veins with some from the adjacent host rock. Total rare
earth element plus yttrium (TREE) results range from 0.03% to 25.4%. In the T1 /
T2 area, over an approximate 600 m strike length, 28 outcrop/subcrop grab
samples gave an average of 8.6% TREE including 6 host rock samples with values
less than 1% (0.1 to 0.9%) (see map on website). Heavy rare earth (HREE)
percentages ranged from 2.7% to 47.6%, averaging 12.7%, with 16 greater than 10%
HREE. The average values of the rare earth elements and yttrium in this zone are
as follows: 16,652 ppm (1.67%) La, 36,417 ppm (3.64%) Ce, 4,135 ppm (0.41%) Pr,
15,351 ppm (1.54%) Nd, 2,552 ppm (0.26%) Sm, 62 ppm Eu, 1,977 ppm (0.2%) Gd, 287
ppm Tb, 1,512 ppm (0.15%) Dy, 261 ppm Ho, 633 ppm Er, 74 ppm Tm, 379 ppm Yb, 49
ppm Lu, and 5,716 ppm (0.57%) Y. It should be noted that since these are grab
samples they are not representative of the overall values in the zone. 


The 136 samples from the MP trend give HREE percentages ranging from 1.1% to
47.6%, averaging 8.4%, including 45 values greater than 10% HREE. The average
values of the rare earth elements and yttrium are as follows: 10,083 ppm (1.00%)
La, 21,364 ppm (2.14%) Ce, 2,570 ppm (0.26%) Pr, 8,425 ppm (0.84%) Nd, 1,422 ppm
(0.14%) Sm, 44 ppm Eu, 1,019 ppm (0.10%) Gd, 149 ppm Tb, 750 ppm (0.075%) Dy,
130 ppm Ho, 314 ppm Er, 37 ppm Tm, 191 ppm Yb, 25 ppm Lu and 2,775 ppm (0.28%)
Y. Thirty (30) samples gave P(2)O(5) values greater than 2% with a high of 11.6%
and preliminary studies have shown that REE mineralization, with higher HREE
content, is present in apatite (calcium phosphate) and apatite content should be
reflected by P(2)O(5) values. Thorium values for the radioactive, higher grade,
REE samples, are generally in the 0.2% to 0.4% range.


Prospecting, using scintillometers to locate radioactive mineralization, along
the PH - MP trend has traced laterally continuous, rare earth element (REE)
mineralization in subcrop/outcrop over an approximate 2.8 km strike length and
the zone remains open to the east. The zone extends along trend from north of
the the MP showing in the pit on the TLH, through the T1 and T2 showings located
800 m and 1,100 m, to the east, to the T5 and T6 showings located 2,000 m and
2,200 m to the east near the brook where a boulder running 24% TREE was found in
2010 (news release dated October 28, 2010). Outcrops with massive, vein type
mineralization are located along the MP trend in all the northern "T" showings
with other areas of mineralization noted between the showings but not fully
exposed. The mineralized unit, a syenite to monzonite, which is not well
exposed, is up to 70 m wide, averaging 20-30 metres wide, and carries green
pyroxene phenocrysts up to 5 cm long. It remains open along strike. The host
rock unit and the REE bearing veins appear to be generally conformable with the
lithology (the strike of the rock units). The massive, high grade veins, up to
30 cm wide, which typically run 10-25% TREE, are characterized by pinch and
swell structures with two parallel veins, separated by 5 m to 6 m of host rock
noted in the T1, T 2, T5 and T6 exposures and other massive veins exposed in
hand dug pits in the same areas, thought to be part of the same system, but up
to 30 m across strike indicating the mineralized unit is likely much wider than
now exposed. 


The exposures will be exposed by trenching and then channel sampled to determine
the grades and widths of the occurrences. This work should begin in the next few
weeks. This will be followed by a diamond drilling program to test the
mineralized zone at depth.


Regional exploration consisting of stream sediment geochemical sampling with
limited prospecting should be completed this week, with a total of 550 samples
taken to date at 300 m intervals on streams draining the prospective areas to
the north and west of the Churchill River over the 100% owned properties. A
number of radioactive zones have been noted in the prospecting surveys with rock
samples taken from these areas. All results for the regional stream and rock
sampling surveys remain pending.


Follow up of prospects located in the regional exploration will be carried out
once results have been received to allow trenching and possible drilling of
targets in the late fall and early winter. 


All samples are transported to the Activation Labs preparation facility in Goose
Bay by SSE personnel, then shipped to their laboratory in Ancaster, ON. for
analysis using their 8 REE package. Uranium analyses are carried out using ICP
MS, with higher values re-run using a DNC technique. The laboratory uses
internal standards to check their analyses and blanks are included in each
sample batch.


Plan maps of the properties, showing the sample results to date, the airborne Th
radiometric and magnetic data plus pictures showing the area, the showings and
some of the higher grade samples, are shown on the Silver Spruce website at
silverspruceresources.com.


This release has been approved by Peter M. Dimmell, P.Geo. President and CEO of
Silver Spruce Resources Inc., who is a Qualified Person (QP) in NL and ON. as
defined in National Instrument 43-101.


ABOUT SILVER SPRUCE

Silver Spruce is a diversified junior exploration company with a portfolio of
rare earth (Pope's Hill, Pope's Hill JV (with Great West Minerals Group), MRT,
RWM and the Straits), gold silver (Big Easy), and for the longer term, uranium
(CMBJV, Snegamook, Double Mer, Mount Benedict), projects in Newfoundland and
Labrador. With interests in more than 4,000 claims totaling more than 1,000
square kilometers in Labrador, Silver Spruce is one of the largest landholders
in one of the world's premier emerging rare earth and uranium districts.