SSE Silver Spruce Resources Inc

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) - 

Highlights

- Uranium mineralization intersected in the T Super 7 area; values to 444 ppm
U308 over 8 meters


- Three of seven shallow drill holes intersect uranium mineralization associated
with structures and/or specialized granites


Silver Spruce Resources Inc. is pleased to update the results of the exploration
drilling carried out in June and early July at the T Super 7 Zone (T S-7),
located on the Mount Benedict property, approximately 50 km to the south of
Makkovik, in the eastern portion of the Central Mineral Belt, Labrador. The
drilling consisted of seven holes totaling 968 meters. The T Super 7 zone is
located 4.8 kilometers to the south-west of the AT-649 Zone (Refer to Silver
Spruce's news release dated June 17, 2008, for a description of the AT-649
drilling). The latest program tested high grade uranium mineralization in
bedrock that was discovered during prospecting in the summer of 2007 carrying
values from 500 ppm to over 1.0% (20 lbs/ton) U308.


Drill hole MBS7-08-5 intersected uranium mineralization in a 66 meter wide,
northeast trending, mylonite zone. Two separate mineralized zones were noted: 5
to 32 meters (27 meters) at 138 ppm U308 and 44 to 66 meters (22 meters) at 278
ppm U308. The zones are separated by a 12 meter wide, barren, mylonitized felsic
unit. The zone is a highly altered (hematite/carbonate/chlorite silicification),
mylonitized, sheared to brecciated, hematized felsic intrusive or volcanic unit.
An eight meter wide, higher grade section, from 51 to 59 meters graded 444 ppm
U308. Orientation and true thickness cannot be determined at this time.
Geological mapping indicates a minimum strike length of 300 meters that remains
open along strike to the northeast and southwest. Radon gas surveys give strong
anomalies over a minimum 750 meter strike length coincident with the trend of
the zone. The style of mineralization is similar to the AT-649 prospect, where
bedrock and float samples gave U308 values ranging from 0.1 to greater than 3%
U308. The mineralization is developed along a major northeast trending structure
where uranium mineralization occurs in the highly sheared/brecciated to
mylonitic host rocks. This structure trends through and is associated with the
AT-649 mineralization.


Hole MBS7-08-4, which targeted specialized granites, intersected a three meter
wide, sheared, biotite rich zone, from 14 to 17 meters that gave 520 ppm U308.
Hole MBS7-08-3 intersected minor uranium mineralization with a best intersection
of one meter of 316 ppm U3O8 from 44 to 45 meters.


Drill hole MBS7-08-6 intersected significant base metal mineralization,
collaring in a brecciated to sheared leucogranite with coarse disseminated
galena, sphalerite, pyrite and purple fluorite before passing into a more
biotite rich phase of granite at 4.5 meters down hole. Base and precious metal
assay results are pending; however, preliminary 30 element results indicate a
two meter section with greater than 0.5% lead and minor zinc and copper.


No significant uranium mineralization was encountered in holes MBS7-08-1 and 2,
which targeted mineralization in specialized granites/leuco-granites; drill hole
MBS7-08-6, which tested an outcrop occurrence which had given uranium values up
to 0.87% U308; and drill hole MBS7-08-7, which tested a narrow mylonite zone
that had given bedrock grab sample values of greater than 1% U3O8. Hole 6 does
not appear to have tested the surface showing as it was offset and off angle due
to set-up constraints in winter conditions (snow).


Exploration in the AT-649 and T Super 7 area, including prospecting, geological,
geochemical, geophysical and radon gas surveys is aimed at identifying drill
targets along the intrusive contacts and the major mylonite zones. The property
has not had any modern exploration and the potential for high grade
mineralization is apparent from the limited surface sampling at the AT-649 Zone
where five grab samples gave an average of 0.5% U3O8.


"With the discovery of uranium mineralization on both the AT-649 and the T Super
7 showings, approximately 4.5 kilometres apart, we have confirmed a new uranium
mineralized system that supports the potential for a major uranium deposit on
the Mount Benedict property," states Mr. Lloyd Hillier, President and CEO of
Silver Spruce. "We are confident that with more exploration and drilling we will
find high grade zones along this mineralized corridor."


Results for the 2007prospecting and stream sediment surveys and maps showing the
drilling on the T Super 7 and AT-649 zones can be viewed on the company's
website: www.silverspruceresources.com.


ABOUT THE MOUNT BENEDICT PROPERTY

The Mount Benedict Property is a large contiguous block of 4,057 claims (1,014
square kilometers), located 30 to 70 kilometers southeast of Makkovik. The
property covers, in part (10% to 15%), Labrador Inuit Lands (LIL), which are
controlled by the Nunatsiavut government. The remaining 85% of the property in
on Labrador Inuit Settlement Area (LISA) lands, which are jointly controlled by
the Nunatsiavut and Newfoundland governments. The Mount Benedict claims are 100%
owned by Silver Spruce, subject to a 1.0% NSR on production from 532 of the
original 1,024 claims.


ABOUT SILVER SPRUCE RESOURCES

Silver Spruce is a junior exploration company focused on uranium in the Central
Mineral Belt (CMB) of Labrador, Canada and gold/silver in Mexico. With interests
in more than 11,000 claims totaling more than 2,500 square kilometers in
Labrador, Silver Spruce is the second largest landholder in one of the world's
premier emerging uranium districts. The exposure to gold/silver opportunities in
Mexico and base metals in central Newfoundland and Labrador gives
diversification without losing a uranium focus. Strong financial backing makes
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.


The company seeks Safe Harbour.

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