Silver Spruce Resources Inc.-Annual Options

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) announced the
issuance on Friday, May 2, 2008 of 2,920,000 incentive stock options for
2,920,000 shares to directors, officers, consultants and employees of the
Corporation. The options were issued at a price of 35 cents per share, are
exercisable for a period of five years, ending on May 2, 2013, and are subject
to the requirements of the TSX Venture Exchange.


ABOUT SILVER SPRUCE

Silver Spruce Resources Inc. (TSX VENTURE:SSE) is a junior exploration company
focused on uranium in the Central Mineral Belt (CMB) of Labrador, Canada and
gold/silver in Mexico. With interests in approximately 11,000 claims totaling
more than 2,500 square kilometers in Labrador, Silver Spruce Resources Inc. is
the second largest landholder in one of the world's premier emerging uranium
districts. The exposure to gold/silver opportunities in Mexico and base metals
in central Newfoundland, gives Silver Spruce Resources Inc. some diversification
without losing its uranium focus. Strong financial backing makes Silver Spruce
Resources Inc. a leading uranium explorer in Canada.


The Corporation seeks Safe Harbour.