May 6, 2010 - Bridgewater, NS - Silver Spruce Resources Inc. (TSXV: SSE) is pleased to announce that the company has acquired, by staking, two grass roots properties with rare earth element (REE) potential in Labrador. The Pope's Hill property lies on the Trans Labrador Highway (TLH), approximately 100 km to the west of Happy Valley -- Goose Bay, while the RWM, which covers the second highest heavy rare earth element (HREE) lake sediment value in Labrador on record, is located in the Red Wine Mountains, approximately 30 km from a road around the Churchill Reservoir. The properties are 100% owned by Silver Spruce.

Pope's Hill
The property consists of 62 claims (1,550 ha) located in the Pope's Hill area along the TLH. The area was located during prospecting along the TLH using a scintillometer by the President of Silver Spruce, Lloyd Hillier, in 2006, while exploring for uranium.

Nineteen grab samples, which were analyzed for uranium, thorium and rare earth elements gave strongly elevated total rare earth element (TREE) plus yttrium values in three samples. All samples were located using a total count scintillometer which detects uranium, thorium and potassium as counts per second (cps), and were specifically targeted for uranium with samples taken where the highest scintillometer values were encountered. The samples gave values up to 0.46% zirconium, 0.22% niobium, and 7.9% (TREE + yttrium) with HREEs up to 15% of the total rare-earth component. Three samples gave values > 1% (TREE + yttrium), including two (2) samples > 5%. Samples anomalous in REEs also showed elevated thorium values with the highest thorium and REE values coincident. Five samples gave uranium values > 10 ppm with the three highest at 151, 94 and 69 ppm U. Some coincidence or rare earth elements with the higher U values is noted.

The samples were taken in June by Lloyd Hillier (P01 to 07) and July, 2006 by Lloyd Hillier and Peter Dimmell (PO-5 to 16) from road cuts along the TLH and in a quarry used for road material for the TLH (see pictures on website). The rock units are granitic gneisses of late Paleoproterozoic age, with some pegmatites. The minerals carrying the REEs are unknown at this time and no known REE exploration has been carried out in this area. A summary table of the sample results is given on the following page.

Planned work includes detailed sampling of the rock units to better define the REE bearing units in the area plus a possible radiometric / magnetic survey to define the structures and lithological units. This work will be carried out in the summer of 2010.

RWM
The property consists of 32 claims (800 ha) and covers the second highest heavy rare earth element value, > 80 ppm HREE (includes europium, terbium, ytterbium and lutetium), in the government database for Labrador. The property lies in the Red Wine Mountains, approximately 30 km to the east of a road which provides access to the Churchill Reservoir area. The highly anomalous sample includes 210 ppm cerium, 240 ppm lanthanum, 11 ppm lutetium, 18 ppm rubidium, 48.9 ppm samarium, 12 ppm terbium, 14.5 ppm uranium and 62 ppm ytterbium plus elevated florine. Europium is background as are thorium and vanadium. Another lake sediment sample in the same area is also moderately anomalous in rare earth elements.

No work has been carried out in this area which was just staked. Planned work includes prospecting using scintillometers and sampling of the rock units in the area which will be carried out in the summer of 2010. Further evaluation is dependent upon results.

LREEs

HREEs

Sample	Y	La	Ce	Pr	Nd	Sm	Eu	Gd	Tb	Dy	Ho	Er	Tm	Yb	Lu	TREE + Y	Nb	Zr
ID	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	ppm	%	ppm	ppm
P01	12	170	330	30	93	12	1	5	1	3	1	1	0	1	0	0.1	4	186
P02	9	70	141	14	44	6	1	3	1	2	0	1	0	1	0	0	2	236
P03	14	402	631	54	164	16	4	6	1	3	0	1	0	1	0	0.1	1	19
P04	26	242	455	42	136	18	4	9	1	5	1	2	0	2	0	0.1	13	158
P05	78	525	1,063	107	367	53	5	32	4	19	3	7	1	5	1	0.2	43	1481
P06	1,854	10,460	21,469	1,991	6,371	892	25	642	102	431	80	178	24	127	19	4.5	2221	4651
P07	21	208	366	31	95	12	3	5	1	4	1	2	0	2	0	0.1	33	1774
PO-5	6,574	13,927	37,027	3,965	10,000	2,278	59	1,960	332	1,494	263	639	81	378	55	7.9	2006	594
PO-6	351	691	1,576	169	605	94	6	84	14	77	15	38	5	28	4	0.4	212	1615
PO-7	80	145	350	38	143	24	3	22	4	20	4	9	1	8	1	0.1	27	905
PO-8	373	1,273	3,327	362	1,294	180	8	135	21	96	17	40	5	29	4	0.7	186	1374
PO-9	204	79	204	24	95	20	3	24	6	40	9	30	5	31	4	0.1	472	2236
PO-10	69	52	144	19	92	19	5	20	3	14	2	6	1	4	1	0	15	99
PO-11	115	132	342	42	168	28	6	26	4	22	4	12	2	10	1	0.1	79	749
PO-12	95	175	425	49	188	28	6	23	3	19	3	10	1	8	1	0.1	104	859
PO-13	18	57	135	13	47	7	2	5	1	4	1	2	0	2	0	0	11	671
PO-14	14	80	225	27	97	12	3	7	1	3	1	1	0	1	0	0	51	896
PO-15	17	425	839	75	218	19	4	7	1	4	1	1	0	1	0	0.2	8	277
PO-16	109	2,655	5,239	457	1,358	110	20	57	6	23	3	8	1	6	1	1	11	56
Avg. crustal abundance	30	30	60	7	25	5	1	4	0.7	3.5	0.8	2.3	0.3	2.2	0.4		17	135

Compilation maps showing the property locations, plus pictures of the Pope's Hill area can be viewed on the company website www.silverspruceresources.com.

Analyses were carried out at the ACME Laboratories facility in Vancouver, BC after sample preparation at Eastern Analytical in Springdale, NL. The rock samples were analyzed by a REE package (Group 4B REE), which consists of a 0.2 g sample treated by a LiBO2 fusion followed by an ICPMS finish. No check sampling has been carried out.


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 7,500 claims totaling more than 1,750 square kilometers in Labrador, Silver Spruce is the second largest landholder in one of the world's premier emerging uranium districts. The company also has gold/silver projects in Mexico and the island of Newfoundland, making Silver Spruce a leading explorer in Canada and Mexico.

This release has been approved by Peter Dimmell, P.Geo., Vice President of Exploration, Silver Spruce Resources Inc., who is a Qualified Person (QP) as defined in National Instrument 43-101.


For Further Information Contact:

SILVER SPRUCE RESOURCES
HEAD OFFICE
Gordon Barnhill, CFO & Director
Phone: 902.527.5700
Fax: 902.527.5711
E-mail: gbarnhill@silverspruceresources.com
Web: www.silverspruceresources.com

INVESTOR RELATIONS
Hugh Oswald, Ascenta Capital Partners Inc.
Phone: 604.684.4743 ext. 243
Toll Free: 1.866.684.4743 ext. 243
E-mail: hugh@ascentacapital.com
Web: www.ascentacapital.com