Silver Spruce Resources Inc. · TSXV:SSE
Silver Spruce Resources — Investor Presentation (July 2006)
14 slides from Silver Spruce Resources's investor presentation, July 2006
Slide 1: Silver Spruce Resources
Silver Spruce Resources TSXV: SSE Frankfurt: S6Q
Slide 2: Overview
OVERVIEW • Focused on uranium in the Central Mineral Belt (CMB) of Labrador • Second largest claim holder in CMB • 5,049 CMB claims (1,262 km2) • 7,267 total claims (1,817 km2) • C$2 million exploration budget • Experienced management • Stable development partners • Zero debt
Slide 3: Management
MANAGEMENT Lloyd Hillier – President, CEO, Chairman & Director • Director since May 1996; Businessman in Goose Bay • Newfoundland & Labrador Entrepreneur of the Year 2001 Peter Dimmell, P.Geo.– VP Exploration & Director • Geologist / prospector – 37 years exploration experience • Past president of t
Slide 4: Capital Structure
CAPITAL STRUCTURE (as of July 5, 2006) 52 Week: $0.84 - $0.06 Market Cap: $9.1 Million Shares O/S: 22.8 Million Warrants O/S: 7.1 Million Stock Options: 1.5 Million Fully Diluted: 40.7 Million Working Capital: >$4.8 Million Fiscal Year End: October 31 Debt: $0
Slide 5: Projects
PROJECTS URANIUM GOLD Central Mineral Belt Newfoundland • 5,049 claims / 126,200 ha • 168 claims / 4,200 ha • 2nd largest claim position in area Other Labrador Claims • Double Mer • Mount Benedict • The Straits • 2,050 claims / 51,000 ha • Staked on anomalous, unexplained uranium in lake bottoms
Slide 6: Central Mineral Belt - Project
CENTRAL MINERAL BELT - PROJECT Claims: 5,049 claims (126,200 ha) Location: Postville-Makkovik area - 150 km N of Happy Valley-GBay; Close to Michelin/Moran Lake - uranium showings (Aurora (Fronteer/Altius), Crosshair and Santoy/Monster Copper) Results: Anomalous lake sediment values to 213 ppm, many
Slide 7: Central Mineral Belt – SSE / UUL JV
CENTRAL MINERAL BELT – SSE / UUL JV
Slide 8: CMB Peers – Market Cap Comparison
CMB PEERS – MARKET CAP COMPARISON (as of July 5, 2006) SSE - Silver Spruce BVE – Bayswater SAN – Santoy CXX - Crosshair ALS – Altius AXU - Aurora FRG - Fronteer
Slide 9: Labrador - Double Mer
LABRADOR - DOUBLE MER Claims: 758 (19,000 ha) Location: 110 km E of Happy Valley- Goose Bay Results: Anomalous lake sediments • 10 to 470 ppm • Four results > 100 ppm • Two results > 400 ppm Rights: 100% owned Silver Spruce
Slide 10: Labrador – Straits
LABRADOR – STRAITS Claims: 800 (20,000 ha) Location: 300 km SE of Happy Valley-Goose Bay Results: Anomalous lake sediments • 10 to 239 ppm with coincident copper • 75 ppm CU Rights: 100% owned Silver Spruce
Slide 11: Labrador – Mount Benedict
LABRADOR – MOUNT BENEDICT Claims: 492 (12,300 ha) Location: 180 km NE of Happy Valley-Goose Bay Results: Anomalous lake bottoms • 10 to 87 ppm Uranium Rights: 100% owned Silver Spruce
Slide 12: Gold - Newfoundland - Motherlode
GOLD - NEWFOUNDLAND - MOTHERLODE Claims: 168 (42,000 ha) Location: Burin Peninsula, SE NL Results: Grab samples • to 11.7 grams per tonne • 25 grams per tonne (iron formation) chip samples • to 10.1 grams per tonne
Slide 13: 2006 Exploration Program
2006 EXPLORATION PROGRAM • June 28, 2006 – Airborne Surveys Commenced • Compilation, airborne radiometric / magnetic survey (100 m line spacing) / prospecting and sampling • 16,000 line km - all claim holdings in Labrador • Budget – C$2 million • Gridding, trenching / drilling to follow when targets
Slide 14: Contact
CONTACT Head Office Investor Relations Silver Spruce Resources Inc. Ascenta Capital Partners Inc. Bridgewater, NS Vancouver, BC Tel: 902.527.5700 Tel: 604.684.4743 ext. 28 Fax: 902.527.5711 Fax 604.628.5595 Contact: Gordon Barnhill Contact: Francis Reynolds Email: Email: francis@ascentacapital.com i
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