|October 20, 2011|
Update on REE Exploration - Pope's Hill / MRT Properties, Labrador
- Pope's Hill Property (MP trend) - trenching completed over 2.5 km strike length
- Anomalous radioactivity and REE mineralization noted, sampling underway
- MRT property - regional soil geochemical survey completed; limited trenching underway
Bridgewater NS, Canada -- October 20, 2011 /CNW - Silver Spruce Resources Inc. (TSXV:SSE) is providing an update on exploration on the road accessible, Pope's Hill and MRT, 100% owned, Rare Earth Element (REE) properties along the Trans Labrador Highway (TLH) in southern Labrador.
Pope's Hill - A trenching program along the MP trend, over an approximate 2.5 km strike length, has been completed. The program was designed to expose favourable, REE anomalous, syenitic and other units which carry the high grade, up to 25% Total Rare Earth Element (TREE) segregations, (news releases Aug. 31 and Sept. 27/11). A total of 14 trenches from 100 to 500 m apart were designed to evaluate and give grade/width information on the zones, in preparation for a drilling program in the winter of 2012. Radioactivity, representing Th bearing minerals associated with the REE mineralization, was used to guide the trenching and sampling. Total count values from background (< 100 counts per second) to weakly anomalous (200-400 cps) to > 5000 cps have been located in trenches with REE mineralization noted in a number of areas, both disseminated and as massive segregations. Washing, mapping and channel sampling has begun and samples will be submitted as they are acquired. Results will be reported when received.
MRT - A regional soil geochemical survey, with samples at approximate 100 m intervals on lines 200 m apart, has been completed. The survey was aimed at better defining REE mineralization where rock samples gave a number of significant REE values over a 2 km2 area and to the north, upstream of a significant anomalous stream sediment value (news release Sept. 13/11). A total of 316, B horizon, soil samples were taken and submitted to the laboratory. Limited trenching is also testing two areas with exposed mineralization in the southern part of the property where TREE values up to 7 % were located (news release August 9/11). The trenches will be washed and sampled to give grade/width information. Results will be reported when received.
All rock and channel samples are transported to the Activation Labs preparation facility in Goose Bay by SSE personnel, then shipped to their laboratory in Ancaster, Ontario for analysis using their 8 REE package. The laboratory uses internal standards to check the analyses and blanks are included in each sample batch. Plan maps of the properties, showing the sample results to date; the airborne Th radiometric and magnetic data plus pictures showing the area; the showings and some of the higher grade samples, including the trenching on the MP trend -- PH property, are shown on the Silver Spruce website.
This release has been approved by Peter M. Dimmell, P.Geo. President and CEO of Silver Spruce Resources Inc., who is a Qualified Person (QP) in NL and ON. as defined in National Instrument 43-101.
About Silver Spruce Resources Inc.
Silver Spruce is a diversified junior exploration company with a portfolio of rare earth (Pope's Hill, Pope's Hill JV (with Great West Minerals Group), MRT, RWM and the Straits), gold silver (Big Easy), and for the longer term, uranium (CMBJV, Snegamook, Double Mer, Mount Benedict), projects in Newfoundland and Labrador. With interests in more than 4,000 claims totalling more than 1,000 square kilometres in Labrador, Silver Spruce is one of the largest landholders in one of the world's premier emerging rare earth and uranium districts. For more information go to www.silverspruceresources.com TSX Venture Exchange nor does its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. The company seeks Safe Harbour.
For Further Information Contact:
Gordon Barnhill, CFO & Director
Silver Spruce Resources Inc.
For investor & media relations contact:
Pilot Communications Inc.
Phone: 709.753.0794 ext 31
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The company seeks Safe Harbour.
You can view the Next News item: Thu Nov 3, 2011, Update on REE Exploration - Pope's Hill / MRT Properties, Labrador
You can view the Previous News item: Tue Sep 27, 2011, Update on REE Exploration (Pope's Hill, RWM, MRT, Straits) - Labrador
You can return to the main News page, or press the Back button on your browser.