Mr. Kevin O'Connor reports

SILVER SPRUCE RESOURCES, INC. ANNOUNCES NEW CHIEF FINANCIAL OFFICER

Silver Spruce Resources Inc.'s board of directors has approved the appointment of Kevin Thieneman as chief financial officer, replacing Michael Kinley.

Mr. Thieneman previously worked as a certified public accountant, and licensed attorney, in the state of Illinois. Mr. Thieneman was formerly the president of Caterpillar Inc.'s forest products division, and an officer of LiuGong Machinery, one of China's largest construction and mining equipment manufacturers with global sales and operations. He is a global executive with decades of experience in turnarounds of manufacturing operations and end-to-end businesses; and with extensive on-the-ground experience in China and India. He previously chaired the United States-ASEAN business council infrastructure committee while leading delegations to Indonesia and Vietnam. Mr. Thieneman is a graduate of Duke University, Juris Doctorate, with honours. He currently serves on the board of directors of Plymouth Tube Company and on the board of advisers for Cornwell Capital, and is chairman of the corporation.

The corporation would like to thank Mr. Kinley for his service as CFO and wishes him well in his future endeavours.

The corporation announces changes to the Audit Committee, and now comprises: Kevin O'Connor (chair), Lisa Ng (member), Don Hunter (member).

About Silver Spruce Resources Inc.

Silver Spruce Resources is a Canadian junior exploration company. The company's diversified exploration portfolio includes:

• Pino de Plata Ag project -- high-grade silver property with historic artisanal mining located 15 kilometres west of Coeur Mining's Palmarejo mine in western Chihuahua, Mexico;
• Jackie Au-Ag project -- early stage epithermal project with high-grade surface sampling and strong structural targets located less than 10 kilometres northwest from Minera Alamos' Nicho deposit in eastern Sonora, Mexico;
• Melchett Lake VMS (volcanogenic massive sulphide) Zn-Ag-Au-Cu (zinc-silver-gold-copper) project -- polymetallic project with historical drilling in the Thunder Bay mining district of Ontario.

We seek Safe Harbor.