SSE Silver Spruce Resources Inc

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
announce the results of re-analysis of rock samples for Rare Earth (REEs) and
associated elements from the 100% owned Straits (ST) property in southern
Labrador. The samples were taken during the 2007/2008 uranium exploration
program and were acquired for their uranium potential as indicated by
scintillometer readings.


The Straits property, totaling 505 claims (approximately 126 km2), is located
along the Straits of Belle Isle between the communities of Red Bay and Mary's
Harbour and to the south of, and within 20 km of, the Trans Labrador Highway.
The original property was acquired in 2006 under an agreement with a
Newfoundland prospector, Alex Turpin, who retains a 1% NSR. The property was
reduced to those areas which showed the highest uranium potential in early 2009.
Lake and stream sediment and rock samples were originally analyzed for uranium
primarily using an ICP technique which also gives values for other elements
including La (lanthanum) and Th (thorium). No other REE, Y or other indicator
elements were analyzed in the original ICP data. 


Twenty-six rock sample rejects returned from the laboratory after the first
analyses were performed, and which were anomalous in either La or Th, were
analyzed for the full suite of REEs, yttrium (Y) and other indicator elements
such as zirconium (Zr) and niobium (Nb). The samples gave values up to 2.48%
total rare earth elements (TREE) plus yttrium, 2.2% zirconium, and 636 ppm
niobium. Thirteen samples gave values greater than 0.1% TREE + yttrium,
including five (5) greater than 0.4%. Samples were generally LREEs with
percentages in the 85-90% range of LREEs from the samples analyzed. The minerals
carrying the REEs are unknown at this time. Most of the high values were located
in outcrop in the north central and north-eastern ends of the property, however,
one sample in the southwestern part gave a value of 0.5 % TREE including
yttrium. A summary of the sample results is given in the table following. No
follow up work has been carried out to date.


In the 2007/08 work, lake sediments gave thirty-three samples with values
greater than 200 ppm La including seven greater than 300 ppm against a
background of 65 ppm with the highest value 903 ppm La while Th gave only
background values (less than 20 ppm). Stream sediments gave nineteen (19) values
greater than 100 ppm La including four greater than 200 at 208, 242, 342, and
392 ppm against a background of approximately 50 ppm. Values for Th are low with
only one sample giving 50 ppm with a background of 20 ppm. Rock samples gave
three values greater than 1,000 ppm La with the highest 3,908 ppm against a
background of less than  30 ppm. Nine samples gave Th values greater than 1,000
ppm, including four greater than 2,000 ppm and a high value of 6,810 ppm. Strong
correlation in the rock samples is noted between La and Th with the four samples
that gave the highest La values also giving some of the highest Th values (see
news release dated May 27, 2010).


A geochemical release (OF Lab 1538) by the NL government on June 30, on a
high-density lake sediment and water survey in southeastern Labrador showed
anomalous values in rare earth elements with TREE values in the 400 to 650 ppm
range on the Straits property, some of the highest located in the survey.


Background for this survey is less than 100 ppm TREE, including Y.

The property covers uranium in lake sediment anomalies associated with a
north-northwest trending fault structure in Proterozoic, metamorphosed, felsic
volcanics, now orthogneiss. Exploration from 2007 to 2009 included lake, stream
sediment and soil geochemistry, ground scintillometer surveys, prospecting, and
geological mapping. Significant uranium showings were located in the south
central part of the property near the coast. The "BB shot" showing gives grab
sample values up to 67,439 ppm (6.7 %) U3O8 in outcrop along the contact of a
weakly gneissic, fine-grained granite, and a pegmatite with associated magnetite
and biotite. The "Bingo" showing, approximately 3 km from the BB shot, and also
associated with the contact of the granite and orthogneiss, gave 17 anomalous
values (greater than 10 ppm U3O8) with a high value of 5,887 ppm (0.59%) U3O8,
associated with uranophane staining. Uranium/thorium ratios averaged 5:1 in
samples giving uranium values greater than 250 ppm. Anomalous values in Th (to
6,810 ppm), Cu (to 2,720 ppm) and Pb (greater than 5,000 ppm) were also found
with the higher thorium values giving low uranium values. Since uranium was the
target element at the time, the 2008 exploration allowed the company to define
areas of higher uranium potential to allow consolidation and downsizing
(reduction) of the property to the 423 claims (106 km2) now in the property. 


All stream sediment, soil and rock analyses were carried out at the Activation
Laboratories (Actlabs) facility in Ancaster, Ontario after sample preparation at
the Actlabs preparation facility in Goose Bay. In 2007/2008, uranium and other
elements, including the REE (La) and Th, were analyzed by an ICP technique (AR
ICP) with values in excess of 250 ppm uranium reanalyzed by delayed neutron
counting (DNC) for uranium. The recent (2010) results were analyzed by a rare
earth package (Code 8 REE) at Activation Laboratories using either ICP or MS
analysis plus analysis for U3O8 and Nb2O5 by XRF. A compilation map of the
properties and the QA/QC criteria for the samples can be viewed on the company
website at www.silverspruceresources.com.


ABOUT SILVER SPRUCE

Silver Spruce is a junior exploration company originally focused on uranium in
the Central Mineral Belt (CMB) and elsewhere in Labrador, Canada. With interests
in more than 7,000 claims totaling more than 1,750 square kilometers in
Labrador, Silver Spruce is the second largest landholder in one of the world's
premier emerging uranium districts. The company also has gold/silver projects in
Mexico and the island of Newfoundland, and has recently acquired a number of REE
projects, close to roads, in Labrador, making 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.


To view the table accompanying this press release please click on the following
link: http://media3.marketwire.com/docs/SSE0706.pdf


The company seeks Safe Harbour.

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