Day: December 29, 2021

Silver Spruce Contracts Environmental Report for Trenching and Drilling on Jackie Au Project, Sonora, Mexico – Exploration Grab Samples to 9.65 g/t Au and 515 g/t Ag

“We are pleased to be working again with Saul Ruiz and his team at Green and Ceo to advance the permitting process for our maiden program of trenching and drilling proposed for Jackie. The original environmental application for our El Mezquite property attested to their high-quality technical reporting skills and expertise,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

Altaley Executes US$5 Million Bridge Loan Financing Agreement

This bridge loan replaces the funding recently lost to Altaley upon the cessation of operation of the Accendo Banco and is more than enough capital to complete and ramp up operation at Tahuehueto where construction has advanced to at least 95% completion and where initial production is anticipated to commence at the end of January, only slightly behind managements targeted expectations.

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