Silver Spruce Resources and Ginoogaming First Nation announce completion of archeological and cultural study for Melchett Lake Ag-Zn-Au-Cu Project, Ontario; exploration permit granted for recent mining claim acquisitions
Silver Spruce Resources and Ginoogaming First Nation have announced the completion of an archaeological and cultural study for the Melchett Lake Ag-Zn-Au-Cu Project in Ontario. The study, conducted by Western Heritage, was accepted by Ginoogaming and submitted to the Minister of Tourism, Culture and Sport. Silver Spruce has also received an additional multi-year exploration permit for the Iron Key Project, covering east and west claim groups around the core claims. This permit allows the company to advance its multi-phase program on the Zn-Ag-Au project, in collaboration with Ginoogaming. The Melchett Lake property is located 110 km north of Geraldton and 60 km north of Nakina in northwestern Ontario.
Silver Spruce Resources e la Ginoogaming First Nation hanno annunciato il completamento di uno studio archeologico e culturale per il progetto Melchett Lake Ag-Zn-Au-Cu in Ontario. Lo studio, condotto da Western Heritage, è stato accettato da Ginoogaming ed è stato presentato al Ministro del Turismo, della Cultura e dello Sport. Silver Spruce ha inoltre ricevuto un ulteriore permissi di esplorazione pluriennale per il progetto Iron Key, che copre i gruppi di rivendicazione est e ovest attorno ai diritti principali. Questo permesso consente all'azienda di avanzare il proprio programma multi-fase sul progetto Zn-Ag-Au, in collaborazione con Ginoogaming. La proprietà Melchett Lake si trova a 110 km a nord di Geraldton e a 60 km a nord di Nakina, nel nord-ovest dell'Ontario.
Silver Spruce Resources y la Ginoogaming First Nation han anunciado la finalización de un estudio arqueológico y cultural para el Proyecto Melchett Lake Ag-Zn-Au-Cu en Ontario. El estudio, realizado por Western Heritage, fue aceptado por Ginoogaming y presentado al Ministro de Turismo, Cultura y Deporte. Silver Spruce también ha recibido un permiso de exploración por varios años para el Proyecto Iron Key, que abarca grupos de reclamos al este y al oeste de los reclamos centrales. Este permiso permite a la empresa avanzar en su programa de múltiples fases sobre el proyecto Zn-Ag-Au, en colaboración con Ginoogaming. La propiedad de Melchett Lake se encuentra a 110 km al norte de Geraldton y a 60 km al norte de Nakina, en el noroeste de Ontario.
실버 스프루스 리소스(Silver Spruce Resources)와 기노가밍 퍼스트 네이션(Ginoogaming First Nation)이 온타리오의 멜쳇 호수(Melchett Lake) Ag-Zn-Au-Cu 프로젝트에 대한 고고학적 및 문화 연구 완료를 발표했습니다. 웨스턴 헤리티지가 수행한 이 연구는 기노가밍에 의해 승인되었고 관광, 문화 및 스포츠 장관에게 제출되었습니다. 실버 스프루스는 또한 핵심 권리에 주변의 동부 및 서부 청구 그룹을 포함하는 아이언 키 프로젝트(Iron Key Project)에 대한 다년 탐사 허가를 추가로 받았습니다. 이 허가는 회사가 기노가밍과 협력하여 Zn-Ag-Au 프로젝트의 다단계 프로그램을 진행할 수 있도록 허용합니다. 멜쳇 호수 소유지는 제럴던(Geraldton)에서 북쪽으로 110km, 나키나(Nakina)에서 북쪽으로 60km 떨어져 온타리오 북서부에 위치하고 있습니다.
Silver Spruce Resources et la Ginoogaming First Nation ont annoncé l'achèvement d'une étude archéologique et culturelle pour le projet Melchett Lake Ag-Zn-Au-Cu en Ontario. L'étude, réalisée par Western Heritage, a été acceptée par Ginoogaming et soumise au ministre du Tourisme, de la Culture et des Sports. Silver Spruce a également obtenu un permis d'exploration pluriannuel pour le projet Iron Key, couvrant les groupes de revendications à l'est et à l'ouest autour des revendications principales. Ce permis permet à l'entreprise de faire avancer son programme multi-phasé sur le projet Zn-Ag-Au, en collaboration avec Ginoogaming. La propriété de Melchett Lake est située à 110 km au nord de Geraldton et à 60 km au nord de Nakina, dans le nord-ouest de l'Ontario.
Silver Spruce Resources und die Ginoogaming First Nation haben den Abschluss einer archäologischen und kulturellen Studie für das Melchett Lake Ag-Zn-Au-Cu-Projekt in Ontario bekannt gegeben. Die Studie, die von Western Heritage durchgeführt wurde, wurde von Ginoogaming akzeptiert und dem Minister für Tourismus, Kultur und Sport vorgelegt. Silver Spruce hat außerdem eine zusätzliche mehrjährige Erkundungsgenehmigung für das Iron Key Projekt erhalten, das die östlichen und westlichen Anspruchsgruppen um die Kernansprüche abdeckt. Diese Genehmigung ermöglicht es dem Unternehmen, sein mehrstufiges Programm für das Zn-Ag-Au-Projekt in Zusammenarbeit mit Ginoogaming voranzutreiben. Das Melchett Lake Grundstück liegt 110 km nördlich von Geraldton und 60 km nördlich von Nakina im Nordwesten Ontarios.
- Completion of archaeological and cultural study for Melchett Lake project
- Exploration agreement with Ginoogaming First Nation in place
- Receipt of additional multi-year exploration permit for Iron Key Project
- Advancement of multi-phase program on Zn-Ag-Au project
- None.
BEDFORD, NS / ACCESSWIRE / September 16, 2024 / (TSXV:SSE) Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") and the Ginoogaming First Nation ("Ginoogaming") are pleased to jointly announce the completion and receipt of Western Heritage's independent Phase 1 archeological and cultural study on the Melchett Lake area. The confidential report was reviewed and accepted by Ginoogaming and was submitted to the Minister of Tourism, Culture and Sport as a condition of licensing in accordance with Part VI of the Ontario Heritage Act.
"This archaeological assessment provided an opportunity for direct input by Ginoogaming in documentation of the historical, cultural and spiritual importance and heritage values of the Melchett Lake area. This will allow both parties to have available current information, as deemed necessary by Ginoogaming, with respect to certain values in the land held by Ginoogaming, prior to execution of any Exploration Activities," stated Greg Davison, Silver Spruce VP Exploration and Director.
The Company entered into an exploration agreement by which Ginoogaming in exercising its inherent jurisdiction has issued its permit and approval to Silver Spruce to undertake mineral exploration under the conditions set out in the agreement (see Press Release - September 23, 2021). Following receipt of the ENDM exploration permit on January 14, 2022, Silver Spruce with consent of Ginoogaming, retained Western Heritage to undertake the archaeological assessment as required in the agreement with the First Nation.
Melchett Lake is an advanced precious and base metal property located in the Thunder Bay Mining District (the "Property"). The Property lies 110 km north of Geraldton and 60 km north of Nakina, in part of Ginoogaming First Nation's ("Ginoogaming") territory known as Melchett Lake, in northwestern Ontario.
Silver Spruce also announce the receipt of an additional multi-year exploration permit, PR-22-000329, Iron Key Project, to the claimholders over the east and west claim groups surrounding the core claims from the Ministry of Mines ("MINES), formerly Ministry of Energy, Mines and Northern Development ("ENDM"), for the Melchett Lake project.
Mr. Davison also noted, "We are pleased to receive our second 3-year exploration permit over the additional claims, all subject and inclusive to the current Exploration Agreement, allowing the Company to advance its multi-phase program on the Zn-Ag-Au project which will be managed through a mutually respectful and consent-based relationship with Ginoogaming."
Qualified Person
Greg Davison, PGeo, Silver Spruce VP Exploration and Director, is the Company's internal Qualified Person for the Melchett Lake Project and is responsible for approval of the technical content of this press release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), under TSX guidelines.
About Western Heritage
Western Heritage was founded in 1990 to serve the growing need for specialized cultural heritage services. Since then, Western Heritage has grown to provide science-based solutions to the needs of our customers in the resource industries. Western Heritage has a long history of working with First Nation and Métis communities in documenting cultural heritage and in engagement and consultation work.
About Silver Spruce Resources Inc.
Silver Spruce Resources Inc. is a Canadian junior exploration company holding
For more information on the situation, please contact:
Ginoogaming First Nation
Chief Sheri Taylor
807-876-2242
sheri.taylor@ginoogamingfn.ca
Silver Spruce Resources Inc.
Greg Davison, PGeo, Vice-President Exploration and Director
(250) 521-0444
gdavison@silverspruceresources.com
info@silverspruceresources.com
www.silverspruceresources.com
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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the private placement.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
SOURCE: Silver Spruce Resources, Inc.
View the original press release on accesswire.com
FAQ
What is the significance of the archaeological study for Silver Spruce Resources (SSEBF)?
What new permits has Silver Spruce Resources (SSEBF) received for the Melchett Lake project?
Where is the Melchett Lake project of Silver Spruce Resources (SSEBF) located?
What minerals is Silver Spruce Resources (SSEBF) exploring for at the Melchett Lake project?
