Silver Spruce Reports Preliminary Mineralogical Results from the Big Easy Low Sulphidation Gold/Silver Property, Eastern Newf...

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
report on preliminary mineralogical studies of diamond drill core from the
road-accessible, low sulphidation, Big Easy gold/silver prospect in eastern
Newfoundland. The Big Easy (BE) prospect is an extensive, altered (silicified)
system that covers an area of approximately 1.7 kilometres by up to 300 metres
wide that was drilled in 2011 and 2012, with 12 drill holes over a 1.2 km strike
length, giving significant gold (Au) and silver (Ag) values in a number of holes
(news releases Aug. 16, 2012, June 7, 2011), defining a low sulphidation,
epithermal gold/silver system. The ET Zone, 3.5 kilometres to the south of the
Big Easy, traced over a minimum strike length of 400 metres, appears to be an
extension of the same system, and is untested by drilling (news releases Dec.
11/12, January 3, 2013). 


Mineralogical studies are being carried out at Memorial University of
Newfoundland (MUN) under the supervision of Dr. Graham Layne, Associate
Professor of Earth Sciences, as part of a research grant from the Research and
Development Council (RDC) of Newfoundland and Labrador Geo EXPLORE program, with
contributions from a B.Sc. thesis by Matthew Clarke. It has included
petrological examination of polished sections to identify the minerals, with
follow up by scanning electron microscope (SEM) equipped with backscattered
electron (BSE) imaging and energy dispersive x-ray (EDX) detectors. Selected
samples from the 2012 drill program (DDH BE-12-9 to 11), as well as samples from
a section in DDH BE-11-3 that assayed 6 g/T Au, 174 g/T Ag over 1.5 m, were
studied. The main goal of this preliminary work was to gain insight to the
precious metal mineralogy associated with the various styles and generations of
veining and brecciation in the drill core.


Native silver (Ag), electrum (Au/Ag), acanthite (Ag2S) and unidentified
silver-sulfide-selenide (Ag-S-Se) minerals are noted, mainly in "ginguro" bands
(narrow erratic black bands) in banded silica (quartz) veins. The Ag-S-Se
minerals occur as very fine disseminations (2-3 microns) enclosed within pyrite
(FeS2), while the native silver, electrum and acanthite are found as discrete
polyminerallic grains up to 30 microns in size, averaging 10-15 microns. A
sample of core from the brecciated, gold/silver rich section in DDH BE-11-3
showed one 200 micron grain of pyrite with native Ag, electrum and acanthite in
fractures, which is different from numerous smaller pyrite grains in the same
polished section - indicating that it may have been re-emplaced from another
zone deeper in the system during the periodic re-activation of the boiling / hot
spring system. The native Ag-electrum-acanthite mineral assemblage is also
associated with well preserved boiling textures (bladed features - quartz after
calcite) as shown in a sample from DDH BE-12-10.


"The mineral assemblages and vein textures are characteristic of an epithermal,
low sulphidation, gold/silver system, like many others world-wide, especially
Nevada (Sleeper, Round Mountain) and Japan (Hishikari), where silver selenide
minerals are found. The brecciated zone in DDH BE-11-3, with the isolated grain
showing different characteristics from the rest of the grains may indicate
better potential for Bonanza grades, typical of these systems, at depth" says
Peter Dimmell, President / CEO of Silver Spruce. "We are committed to further
exploration of this obviously well mineralized system, especially to depth". 


Photomicrographs of the thin sections showing the various silver minerals, the
native silver and electrum, plan maps showing the airborne magnetic and VLF-EM
survey results, the location and results of the prospecting and stream sediment
surveys, plus plan maps and a summary of the drilling; compilation maps of the
property; and pictures showing the drilling, drill core and other exploration on
the property are shown on the Silver Spruce website at
www.silverspruceresources.com . 


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


About the Big Easy Property 

The road accessible, 294 claim (73.5 square kilometre) property, located near
Thorburn Lake in eastern Newfoundland, was optioned from prospectors Alex Turpin
and Colin Kendall. The agreement, to earn 100% interest subject to a 3% NSR with
a 1.5% buyback for $1.5 M, is for a total of $110,000 plus 1.6 M shares over
three years. A yearly advance royalty payment of $20,000 per year, deducted from
future NSR payments, is payable from the fourth anniversary on. 


About Silver Spruce Resources Inc. 

Silver Spruce is a diversified junior exploration company with a portfolio of
gold/silver (Big Easy), uranium (Snegamook, A7 (Fishawk Lake), Double Mer, Mount
Benedict, CMBJV) and rare earth (Pope's Hill, Pope's Hill JV (w/ Great Western
Minerals Group), Straits) projects in Newfoundland and Labrador. With interests
in more than 1,000 claims totalling more than 250 km2 in Labrador, Silver Spruce
is one of the largest landholders in one of the world's premier emerging rare
earth and uranium districts.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gordon Barnhill, CFO & Director
Silver Spruce Resources Inc.
902.527.5700
902.527.5711 (FAX)
[e-mail]


Investor and media relations:
Paul Snow
Pilot Communications Inc.
709.753.0794 ext 31
709.753.0795 (FAX)
[e-mail]