Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
provide an update on the exploration drilling on its Centauro, Mexico,
gold-silver (Au/Ag) project. Results for holes CEN-08-1 to 5 have been received
and are reported here.


The highlight is a bonanza value of an average of 919 ppm Ag over a 1.5 meter
interval in drill hole CEN-08-4, located on the western side of the Centauro
mesa. Two separate analyses from the same pulp gave 697 and 1,140 g/t Ag with
background (less than 5 ppb) Au values. Check sampling on pulps prepared from
the reject for this sample and samples immediately above and below is currently
being carried out at Minerales Labs in Mazatlan, Mexico, and Chemex Laboratories
in Canada. The core in this section is broken, with significant lost core
(greater than 50%) associated with what is assumed to have been an epithermal
vein. The closest other drill holes, CEN-08-3 and CEN-08-5, 400 to 500 meters to
the north and south respectively, did not intersect similar mineralization or
values.


A short section (0.65 meters) carrying values of 59, 67 and 107 g/t Ag in three
different pulps, was located in the last sample at the bottom of hole CEN-08-1,
from 276.5 to 277.15, where the hole was terminated due to poor ground
conditions. Gold values were background.


All of the widely spaced drill holes have intersected weakly elevated gold and
silver values over appreciable widths indicating that the system has good
potential to host a significant gold/silver deposit. The intersections are shown
in the table below. The best gold values were located in hole CEN-08-3, which
gave 22 meters of 120 ppb Au and 1.6 ppm Ag, from 58.5 to 80.5 meters.




Summary - Anomalous gold/silver values DDH's CEN-08-1 to 5

------------------------------------------------------------
Hole #     From (m)   To (m) Length (m)     Au (ppb) Ag (ppm)
------------------------------------------------------------
CEN-08-01     13.3     67.5       54.2           43      4.8
------------------------------------------------------------
 and         276.5   277.15       0.65  less than 5     63.0
------------------------------------------------------------
CEN-08-02     75.5    122.5         47           57      2.1
------------------------------------------------------------
 incl.       116.5    122.5          6          102      3.9
------------------------------------------------------------
CEN-08-03     58.5     80.5         22          120      1.6
------------------------------------------------------------
CEN-08-04    271.0    272.5        1.5  less than 2    919.0
------------------------------------------------------------
 and         278.5    305.8       27.3           46      1.6
------------------------------------------------------------
CEN-08-05       12       18          6           59      5.8
------------------------------------------------------------



Preliminary results for indicator elements (As, Hg, Sb, Ba) show all holes to be
anomalous, with holes CEN-08-01 and 2, the most northerly ones, strongly
anomalous in As (arsenic), Hg (mercury), and Sb (antimony); and holes CEN-08-03,
04,and 05, in the central and south part of the mesa, dominated by anomalous Ba
(barium). Values were up to 1,320 ppm As with background 30-40 ppm; 2,750 ppm Sb
with background less than 50 ppm; 15,000 ppm Ba, with background less than 1000
ppm; 23 ppm Hg with background less than 1 ppm. The presence of strongly
anomalous Hg may indicate that the drilling is still testing too high in the
system with the best potential remaining untested at depth.


Mineralized/altered zones - mainly pyrite/kaolin with some silicification - cut
by faults and shears have been intersected in all holes drilled to date. Rock
units encountered include sedimentary units - conglomerates to sandstones, mafic
volcanics and mafic intrusives - that are weakly to intensely altered
throughout. Alteration consists of propylitization, decarbonatization, kaolinite
and silica.


Drilling is continuing with approximately 3,350 meters in 11 holes completed to
date. The program will be completed with three more drill holes in the northern
part of the system. All data will then be compiled to allow planning for a
follow up drill program in 2009. The drilling continues to be slowed by
personnel and equipment issues, water and weather problems and bad ground
containing many faults and shears.


Core logging and sampling has been slow due to a shortage of manpower; however
samples from all holes up to CEN-08-10 have been received by Actlabs and are in
the process of being analyzed. Further results will be released as received.


The Centauro property is a block of six claims (1,420 hectares), located in the
southern part of Chihuahua State, Mexico. It is just north of Durango State and
approximately 25 kilometers to the west of Highway 45, the Mexico's main
north-south highway. The property is subject to an option agreement with a
Mexican geologist, whereby Silver Spruce can earn a 100% interest in the
property subject to a 3% NSR with a 2% buyback for US$2 million.


All analyses are carried out at the Activation Laboratories (Actlabs) facility
in Ancaster, Ontario. The Centauro core samples are sawed, under company
supervision, at the field office in Jiminez, Chihuahua State. One half of the
core is sampled, generally at one to two meter intervals, and sent to Minerales
Laboratory S.A. de C.V. in Mazatlan for sample preparation, as approved by
Actlabs. Pulps are forwarded to Actlabs in Ancaster for analysis. The samples
are analyzed either by fire assay (one assay tonne) or neutron activation
techniques for gold plus an ICP technique for other elements. Every twenty-fifth
sample is also analyzed by fire assay (one assay tonne) for gold and an atomic
absorption technique for silver at the Minerales Laboratory in Mazatlan for
quality assurance/quality control (QA/QC) purposes. A QA/QC program is in place
to increase confidence in the results generated.


Maps showing the proposed and actual drilling locations on the Centauro property
can be viewed on the company website www.silverspruceresources.com.


ABOUT SILVER SPRUCE

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 12,000 claims totaling more than 3,000 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 the company
diversification without losing its 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.