February 25, 2010 - Bridgewater, NS - Silver Spruce Resources Inc. (TSXV: SSE) is pleased to release an update on exploration activities and plans for 2010.  Additionally, the company is pleased to provide metallics assay results on drill core and details on the acquisition of claims on the Rambler South property and on the Lobstick U property in Labrador as well as information on the termination of the option agreement on the Calvin's Landing property.

Rambler South Gold / Base Metal Property, Newfoundland

The Rambler South property, located on the Baie Verte peninsula of north central Newfoundland, now totals 101 claims (2,525 ha) with the original 56 claims optioned from Northeast Exploration Services, Krinor Resources Inc. and Peter Dimmell (PMD). Terms of the option to earn a 100% interest, subject to a 2.5% NSR with a 1.0% buyback for $1.5 M, over 3 years are: payments totalling $95,000; issuance of 1.05 M shares; a work commitment of $500,000 by the end of the second year; a yearly advance royalty payment, deducted from future NSR payments, of $10,000 per year (payable from the 4th anniversary on).   The added claims become part of the agreement as they lie within the area of interest.

The drill program which took place in September of 2009 was designed to test the SB gold in till anomaly and the Krissy, shear hosted, gold zone.  The drill program ended with a total of 542 m in 7 holes completed (RS-09-1 to 5 and KT-09-1, 2) (News releases dated July 16, Sept. 10, Sept. 30, Oct. 22, and Dec. 8, 2009).  In the SB zone, gold intersections up to 1.4 g/t over 17.5 m, including 9.99 g/T over 0.7 m, in RS-09-3 were located, hosted in a quartz/chlorite breccia, with recrystallized quartz fragments, cemented by fine grained chlorite carrying disseminated pyrite and minor chalcopyrite.  A metallics analyses of the core sample that ran 9.99 g/t gave 10.7 g/t, a small increase that confirmed the high grade of this sample.   Overburden Drilling Management work indicates that the gold in the SB till anomaly is fine grained (generally 20-30 micron) free gold with a strong chlorite association.  The zone has been traced over a 100 m strike length in three drill holes, remaining open to depth and to the northeast along trend.  A 500 m Diamond drill program to further test the zone is planned for March 2010. 

Gold mineralization, including visible gold, at the Krissy zone is associated with sulphide rich quartz veins emplaced along a shear zone, up to 5 m in width, related to the intrusion of linear quartz porphyry bodies.  Significant values from the zone include: 12.5 g/t / 1.5 m in a channel sample in the trench 2 area near L 22 E, and 2.75 g/t over 1.65 m, including 6.85 g/T over 0.51 m, in DDH KT-09-1.   Two metallics analyses of core rejects from the drilling gave the following results: 42298 - EA - 5008 ppb, AA metallics - 7508 ppb; and 42299 - EA - 9480 ppb, AA metallics - 13,469, an increase of 40% plus, indicating that free gold is present and that the regular fire assay results most likely understate the gold values in the zone.    Using the metallics analyses, the grade of the gold intersections in KT-09-1 goes from 6.85 g/t over 0.51 m to 9.96 g/t over 0.51 m in a zone that runs 4.23 g/t over 1.4 m.  The results of the analyses are shown in a table following.