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Silver Spruce Confirms High Grade Gold Mineralization at Cocula Advanced Gold Project
BRIDGEWATER, NS / ACCESSWIRE / July 30, 2019 / (TSXV:SSE) - Silver Spruce Resources Inc. ("S...
About this update from Silver Spruce Resources Inc.
[{"type":"text","content":"Silver Spruce Confirms High Grade Gold Mineralization at Cocula Advanced Gold ProjectBRIDGEWATER, NS / ACCESSWIRE / July 30, 2019 / (TSXV:SSE) - Silver Spruce Resources Inc. (\"Silver Spruce\" or the \"Company\") is pleased to announce that it has received assays from due diligence samples taken from the Timmins Gold (“Timmins”) (now Alio Gold) reverse circulation (RC) drill program stored at the project and assays from new surface samples taken by the independent Qualified Person preparing the maiden NI 43-101 report on the Cocula project in Jalisco State, Mexico.The reverse circulation drill samples for due diligence purposes were selected to confirm the grades reported previously by Timmins, focusing both on individual, isolated samples as well as continuous intervals in order to confirm the grades and tenors originally reported. The first set of fifteen samples was selected by ProDeMin crews under the direction and supervision of Dr. Craig Gibson, Ph.D., CPG, Qualified Person. A second set of twelve samples including eight surface exposures and four samples of RC drill cuttings was selected by the independent Qualified Person (“QP”) that is preparing the NI 43-101 report for Silver Spruce. The samples of RC cuttings returned assay results that are generally correlated with the results reported by Timmins.Cocula Project Drill Sample ComparisonsSamples Selected by ProDeMinDrill Sample Assays Reported by Timmins Gold Re-Assayed ResultsHole IDSampleAu_ppm SampleWt. kgAu ppmRCC-011700122.51 170011.523.70 RCC-02170761.09 170762.20.94 RCC-03171150.77 171156.60.3RCC-03171160.28 171164.820.31RCC-03171170.81 171173.180.6RCC-03171180.77 171182.840.93RCC-03171191.86 171193.81.57RCC-03171200.89 171202.91RCC-03171221.12 171222.341.05 RCC-09174900.70 174906.440.42RCC-09174910.47 174916.50.48RCC-09174933.79 174932.883.66RCC-09174970.99 174975.60.61RCC-09174980.52 174983.220.58 RCC-17179116.45 179114.448.44COCULA Technical Report sampling July 2019Qualified Person Drill Sample Re-AssaysDrillSampleTimminsRe-assayedSampleTypeAu ppmAu ppm17532RC cuttings0.3930.4117537RC cuttings0.1530.1917538RC cuttings0.2590.0817540RC cuttings0.3630.33Eight rock chip channel samples that were taken by the independent QP during his requisite field visit for the NI 43-101 report show the presence of gold mineralization at surface of u...