Silver Spruce Resources Inc. announced that it acquired 100% interest to 22 mining claims covering 448.8 hectares located near Melchett Lake in the Thunder Bay Mining Division the Province of Ontario. As previously announced on March 12, 2024, the Company acquired the Claims pursuant to a Property Purchase Agreement with a third party arm's length vendor dated March 8, 2024. The Company paid $1,100 in cash and issued 350,000 common shares of the Company at a deemed price of $0.015 to the Vendor.

The Claims are contiguous with the Melchett Lake mineral property acquired by the Company via staking and previously from three third party vendors pursuant to the Option and Purchase Agreement dated November 20, 2019, as amended.