Resource News

Silver Spruce Resources Inc. (TSXV:SSE) announced results by Crosshair Energy Corporation (TSX:CXX,NYSE:CXZ) on the former Central Mineral Belt joint venture properties.

Silver Spruce Resources Inc. (TSXV:SSE) announced results by Crosshair Energy Corporation (TSX:CXX,NYSE:CXZ) on the former Central Mineral Belt joint venture properties.

As quoted in the press release:

Silver Spruce holds a 2% NSR on the CMBJV properties and the Two Time deposit, discovered by Silver Spruce in 2006/07. It hosts a NI 43-101 indicated resource of 2.33 million lbs (1.82 MT at 0.058% U3O8) and an additional inferred resource of 3.73 million lbs (3.16 MT grading 0.053% U3O8). The CMBNW property is contiguous with both the Snegamook and A7 properties owned 100% by Silver Spruce . The Snegamook property hosts a number of uranium showings, including the Snegamook zone on strike to the south of the Two Time zone, as well as the Near Miss prospect.

Click here to read the  Silver Spruce Resources Inc. (TSXV:SSE) press release.  

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