May 6, 2010 - Bridgewater, NS - Silver Spruce Resources Inc. (TSXV: SSE) is pleased to announce that the company has acquired, by staking, two grass roots properties with rare earth element (REE) potential in Labrador. The Pope's Hill property lies on the Trans Labrador Highway (TLH), approximately 100 km to the west of Happy Valley - Goose Bay, while the  RWM, which covers the second highest heavy rare earth element (HREE) lake sediment value in Labrador on record, is located in the Red Wine Mountains, approximately 30 km from a road around the Churchill Reservoir.  The properties are 100% owned by Silver Spruce.

Pope's Hill
The property consists of 62 claims (1,550 ha) located in the Pope's Hill area along the TLH.  The area was located during prospecting along the TLH using a scintillometer by the President of Silver Spruce, Lloyd Hillier, in 2006, while exploring for uranium.  

Nineteen grab samples, which were analyzed for uranium, thorium and rare earth elements gave strongly elevated total rare earth element (TREE) plus yttrium values in three samples.    All samples were located using a total count scintillometer which detects uranium, thorium and potassium as counts per second (cps), and were specifically targeted for uranium with samples taken where the highest scintillometer values were encountered.   The samples gave values up to 0.46% zirconium, 0.22% niobium, and 7.9% (TREE + yttrium) with HREEs up to 15% of the total rare-earth component.   Three samples gave values > 1% (TREE + yttrium), including two (2) samples > 5%.   Samples anomalous in REEs also showed elevated thorium values with the highest thorium and REE values coincident.   Five samples gave uranium values > 10 ppm with the three highest at 151, 94 and 69 ppm U.   Some coincidence or rare earth elements with the higher U values is noted.

The samples were taken in June by Lloyd Hillier (P01 to 07) and July, 2006 by Lloyd Hillier and Peter Dimmell (PO-5 to 16) from road cuts along the TLH and in a quarry used for road material for the TLH (see pictures on website).   The rock units are granitic gneisses of late Paleoproterozoic age, with some pegmatites.   The minerals carrying the REEs are unknown at this time and no known REE exploration has been carried out in this area.   A summary table of the sample results is given on the following page.

Planned work includes detailed sampling of the rock units to better define the REE bearing units in the area plus a possible radiometric / magnetic survey to define the structures and lithological units.    This work will be carried out in the summer of 2010.

RWM
The property consists of 32 claims (800 ha) and covers the second highest heavy rare earth element value, > 80 ppm HREE (includes europium, terbium, ytterbium and lutetium), in the government database for Labrador. The property lies in the Red Wine Mountains, approximately 30 km to the east of a road which provides access to the Churchill Reservoir area.   The highly anomalous sample includes 210 ppm cerium, 240 ppm lanthanum, 11 ppm lutetium, 18 ppm rubidium, 48.9 ppm samarium, 12 ppm terbium, 14.5 ppm uranium and 62 ppm ytterbium plus elevated florine.   Europium is background as are thorium and vanadium.   Another lake sediment sample in the same area is also moderately anomalous in rare earth elements.

No work has been carried out in this area which was just staked.   Planned work includes prospecting using scintillometers and sampling of the rock units in the area which will be carried out in the summer of 2010.    Further evaluation is dependent upon results.

SILVER SPRUCE RESOURCES HEAD OFFICE Gordon Barnhill, CFO & Director Phone: 902.527.5700 Fax: 902.527.5711 E-mail: gbarnhill@silverspruceresources.com Web: www.silverspruceresources.com

INVESTOR RELATIONS Hugh Oswald, Ascenta Capital Partners Inc. Phone: 604.684.4743 ext. 243 Toll Free: 1.866.684.4743 ext. 243   E-mail: hugh@ascentacapital.com Web: www.ascentacapital.com