Silver Spruce Reports on Phase 1 Drilling on Big Easy Gold/Silver Property Eastern Newfoundland

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

Highlights



--  all holes intersected mineralized (pyritic), silicified sedimentary
    units carrying gold and silver values 
--  strike length of alteration / mineralization - 1 km - remains open along
    strike 
--  no previous drilling on property - a new gold/silver discovery 
--  gold/silver zone at 0.87 g/T Au and 33.5 g/T Ag over 30.5 m, including
    2.5 g/T Au and 74.1 g/T Ag over 7 m including 6.05 g/T Au and 174 g/T Ag
    over 1.5 m in DDH BE-11-3 



Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
provide the final results for the Phase 1 diamond drilling on the road
accessible Big Easy gold/silver project located near Thorburn Lake in eastern
Newfoundland. A total of seven holes (BE-11-1 to 7), totaling 1,577 m, tested
the altered / mineralized zone over an approximate 1 km strike length from L
7560 N (BE-11-1) to L 8600 N (BE-11-7). All holes, the first ever drilled on the
property, intersected strongly altered (silicified /sericitized/chloritized) and
mineralized sedimentary units (see news releases dated March 24, April 8, May 3,
and June 1, 2011), with minor to significant gold / silver intersections. 


In results not previously released, gold/silver values were located in drill
holes 4,5,6 and 7 located to the north of BE-11-3. Highlights include: 163 ppb
Au and 32.3 ppm Ag over 6.5 m (97-103.5m) in BE-11-5; 1358 ppb Au and 2 ppm Ag
over 6 m (41-47 m) including 1 m (43-44 m) at 7645 ppb Au and 10 ppm Ag, and 319
ppb Au and 13 ppm Ag over 18.6 m (231.3-249.9 m) including 1067 ppb Au and 64
ppm Ag over 2.4 m (231.3-233.7 m) in BE-11-7. All drill holes gave at least 1
value greater than 100 ppb Au over at least 1 m. Significant results are given
in the table following.


As reported in the May 3, 2011 news release, a strong gold/silver zone was
located in DDH BE-11-3. The zone gave 0.41 g/t Au and 15.4 g/T Ag over 89.2 m
from 183 m to 272.2m, including 0.87 g/t Au and 33.5 g/T Ag over 30.5 m from 228
m to 258.5 m, including 2.5 g/t Au and 74.1 g/T Ag over 7 m from 239 m to 246 m,
including 6.05 g/t Au and 174 g/T Ag over 1.5 m from 240.5 m to 242 m and 6.04
g/T Au and 114 g/T Ag over 1 m from 245 m to 246 m. The highest grades are
associated with a brecciated zone located between 228 m and 272 m. Pyrite, as
disseminations and veins/veinlets averaging 2-3%, and an unknown, minor fine
grained grey black metallic mineral, is noted in this section. Alteration noted
is illite, muscovite/sericite and potassium feldspar (Kspar) with strong
silicification throughout.


Holes 1, 2, 4 and 5 tested the altered / mineralized zone to a maximum vertical
depth of 170 m, with most shallower, while Hole 3 tested the zone to a vertical
depth of 230 m, with the Au/Ag zone located below 170 m vertical depth. Holes 6
and 7, located 500 m and 700 m to the north of holes 4 and 5, tested the zone to
vertical depths beyond 200 m. True widths are not known, due to variable dips of
the units, but are believed to be close to drill intersections. The structural
control on the mineralization is not yet known although gouge zones representing
shears or faults were noted in most holes.


The Big Easy mineralized zone is a new gold / silver discovery in an area not
previously known to host significant gold mineralization. The zone lies in the
Avalon Zone along the northern extension of the Burin Peninsula high
sulphidation belt where extensive precious metal exploration is being carried
out.


Results were also received for check samples from drill holes BE-11-1 to 3.
Samples with background, anomalous and higher values were sent. Results
generally corresponded quite well with Accurassay values, on average, 1% higher
than the check sample results from Eastern Analytical. The highest variation was
an Ag value of 19 ppm which was 58% higher from Accurassay than the check result
from Eastern Analytical at 5 ppm. The two 6 g/T Au values from BE-11-3 gave 5.8
g/T and 5.5 g/T respectively in the checks. It is believed that a nugget affect
may be causing the variation is some samples. Evaluation of mineralized sections
will be carried out by thin section analysis. Check samples from holes 4 to 7
have been submitted to Eastern Analytical for analysis. Results will be reported
when received with a full summary of the check sampling.


All data will be compiled is a 3D database to allow modeling of the system for a
Phase 2 drilling program to be carried out later in the summer or in the early
fall.


The 121 claim (30 km(2)) property, located near Thorburn Lake in eastern
Newfoundland, was optioned from prospectors Alex Turpin and Colin Kendall. The
option agreement, to earn a 100% interest subject to a 3% NSR with a 1.5%
buyback for $1.5M, is 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 4th anniversary on. The second option payment, due
on April 21, 2011, has been made.


List of Significant Au.Ag values - Big Easy Phase 1 Diamond Drilling



---------------------------------------------------------------------------
Hole #                         From        To     Total    Au ppb    Ag ppm
---------------------------------------------------------------------------
BE-11-01                         29      30.3       1.3       126         1
---------------------------------------------------------------------------
BE-11-02                         34      35.5       1.5       175        17
---------------------------------------------------------------------------
BE-11-03                        183     272.2      89.2       410      15.4
---------------------------------------------------------------------------
  incl.                         228     258.5      30.5       870      33.5
---------------------------------------------------------------------------
  incl.                         239       246         7      2500      74.1
---------------------------------------------------------------------------
  incl.                       240.5       242       1.5      6052       174
---------------------------------------------------------------------------
  incl.                         245       246         1      6043       114
---------------------------------------------------------------------------
BE-11-04                         95       102         7       410       3.4
---------------------------------------------------------------------------
  incl.                          95        98         3       908       4.7
---------------------------------------------------------------------------
BE-11-05                       86.2        89       2.8       299       9.2
---------------------------------------------------------------------------
  and                            97     103.5       6.5       163      32.3
---------------------------------------------------------------------------
  incl.                          97      98.5       1.5       460        49
---------------------------------------------------------------------------
BE-11-06                       37.7        44       6.3       212       8.2
---------------------------------------------------------------------------
  incl.                          43        44         1       136        36
---------------------------------------------------------------------------
  and                            53        60         7       168       5.5
---------------------------------------------------------------------------
  and                            96     104.7       8.7       156       1.9
---------------------------------------------------------------------------
  and                         180.6     196.8      16.2       163       3.4
---------------------------------------------------------------------------
  incl.                         255     256.5       1.5       541         2
---------------------------------------------------------------------------
BE-11-07                         41        47         6      1358         2
---------------------------------------------------------------------------
  incl.                          43        44         1      7645        10
---------------------------------------------------------------------------
  and                         217.8       222       4.2       480       4.4
---------------------------------------------------------------------------
  incl.                         220       221         1      1549         7
---------------------------------------------------------------------------
  and                         231.3     249.9      18.6       319        13
---------------------------------------------------------------------------
  incl.                       231.3     233.7       2.4      1067        64
---------------------------------------------------------------------------
  incl.                       231.3     231.6       0.3      2569       335
---------------------------------------------------------------------------



Drill core is cut in half using a diamond core saw, with one half sent for
analysis and the other half retained for study. Samples are submitted to the
Acccurassay Preparation laboratory in Gambo, NL. where they were prepped and
then sent to their laboratory in Thunder Bay, ON for analysis for gold by fire
assay with an AA finish and an ICP-30 technique for other elements. Some samples
may also be analyzed for Hg using the ALHg1 technique. Values are checked by
internal standards at the laboratory. Check sampling on holes 1 to 3 including
the mineralized zone in hole 3 was carried out at Eastern Analytical
Laboratories in Springdale NL., a recognized local laboratory, by fire assay
(1/2 assay tonne) for Au and an ICP-11 technique for pathfinder elements
including As and Sb, base metals and Ag. Values greater than 6 ppm Ag, the upper
detection limit using the ICP method, were reanalyzed by a wet chemical method
and an AA finish to give accurate assay values for Ag.


Plan maps of the drilling, the IP chargeability and resistivity and a
compilation map for the property, plus pictures showing the drilling and the
drill core, are also available on the Silver Spruce website at
silverspruceresources.com.


This release has been approved by Peter M. Dimmell, P.Geo. VP Exploration for
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 junior exploration company originally focused on uranium in
the Central Mineral Belt (CMB) and elsewhere in Labrador, Canada. 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 uranium and REE districts. The company has rare earth element
(REE) properties in Labrador - Pope's Hill, RWM and the Straits and gold/silver
projects on the island of Newfoundland.