Silver Spruce Resources Inc. is a Canadian junior exploration company pursuing development of the Pino de Plata project, located in the prolific Sierra Madre Occidental region of western Chihuahua State in Mexico. The Company has signed a binding Letter of Agreement to acquire 100% of the advanced Cocula gold project in Jalisco State, Mexico. Silver Spruce Resources Inc. continues to investigate opportunities that Management has identified or that have been presented to the Company for consideration.

1. EXPLORING AND DRILLING THE COCULA GOLD AND PINO de PLATA
SILVER-LEAD-ZINC PROJECTS IN MEXICO ADJACENT TO MAJOR MINERS
TSX Venture – SSE
US NASDAQ - SSEBF
www.silverspruceresources.com
JULY 29, 2019

2. TSX Venture: SSECautionary Statement
Investors are cautioned that, except for statements of historical fact, certain information contained in this
document includes "forward-looking information” with respect to a performance expectation for SSE. Such
forward-looking statements are based on current expectations, estimates and projections formulated using
assumptions believed to be reasonable and involving a number of risks and uncertainties which could cause
actual results to differ materially from those anticipated. Such factors include, without limitation, fluctuations in
foreign exchange markets, the price of commodities in both the cash market and futures market, changes in
legislation, taxation, controls and regulations of national and local governments and political and economic
developments in Canada and other countries where SSE carries-out or may carry-out business in the future,
the availability of future business opportunities and the ability to successfully integrate acquisitions or
operational difficulties related to technical activities of mining and reclamation, the speculative nature of
exploration and development of mineral deposits located, including risks in obtaining necessary licences and
permits, reducing the quantity or grade of reserves, adverse changes in credit ratings, and the challenge of title.
The Company does not undertake an obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise, unless so required by
applicable securities laws.

3. TSX Venture: SSE
Corporate Overview
 Silver Spruce Resources Inc. is a Canadian publicly traded company that trades on
the TSX Venture Exchange under the symbol SSE with 85 MM shares outstanding.
 The Company has an experienced management team in the areas of exploration,
prospect development, corporate finance, legal and public company management.
 The Company has a option agreement to acquire 100% of the highly prospective
Cocula project, an advanced gold project in the Ameca mining district of Jalisco State,
Mexico.
 The Cocula project is located within a very active exploration and mining region with
several nearby projects including Agnico Eagle’s El Barqueño exploration project and
Endeavour Silver’s Terronera development project.
 Silver Spruce also has an option to acquire 100% of the Pino de Plata project, 15km
away from the Coeur Mining’s flagship mine at Palmarejo that produced 7.5 million
ounces of silver and 122,722 ounces of gold in 2018.
 Recent Cocula surface sampling yielded over 16 g/t Gold
 Recent Pino de Plata surface sampling yielded over 1,100 g/t Silver
with highly anomalous grades of lead, zinc and gold.

4. TSX Venture: SSE
July 22, 2019
Exchange Listings TSX Venture: SSE
FSE: S6Q1
USA: SSEBF
Head office Bridgewater, Nova Scotia
Shares Outstanding 85,930,833
Warrants 28,151,341
Options 3,100,000
Fully diluted 117,182,174
Share Price Range $.015 - $0.06
Debt Nil
Tax Loss Carry Forward > $10 M
Bank Canadian Imperial Bank of Commerce
Auditors McGovern Hurley, Toronto
Corporate Summary

5. TSX Venture: SSE
Shareholder Breakdown
Insiders
29%
Large
Shareholders
35%
Retail
36%
Insiders
Large Shareholders
Retail

6. TSX Venture: SSE
Key Team Members
Dr. Brian Penney, PhD, DIC, P.Eng., Chairman/Director
 Ph.D.- High energy nuclear physics-Imperial College of Science & Technology, Univ. of London.
Karl Boltz, President, CEO, Director
 Natural resources consultant - 15+ years working with public and private companies in Mexico-
project acquisition, funding, market development and project management. Fluent in Spanish.
Dr. Craig Gibson, Ph.D., Independent Consulting Project Manager – Pino de Plata
 More than 25 years of exploration in Mexico and is a Certified Professional Geologist (AIPG).
Kevin O’Connor, Director
 Corporate attorney based in Chicago, IL, focused on M&A, Joint Ventures and divestitures.
Greg Davison, MSc, PGeo, Director
 Professional exploration geologist with forty-two years of experience licensed with the Engineers &
Geoscientists of British Columbia (EGBC).
Gordon Barnhill, CFO, VP Corporate Affairs, Director
 25 years with Canada's largest bankinginstitution, capital research,business evaluations, deal
structuring and investment strategies.
Art Brown, Director
 25+ years of public company directorship and management.

7. MEXICO
U S A
JALISCO
AGUASCALIENTES
DURANGO
NAYARIT ZACATECAS
MICHOACAN
COCULA PROJECT
COLIMA
GUANAJUATOGUADALAJARA
Cocula Advanced Gold Project
Location

8. TSX Venture: SSE
Cocula Advanced Gold Project
Description
The Cocula project covers a 233.5 hectare land package that hosts part of
a regional structural trend of gold, silver and base metal prospects. Cocula
is an epithermal deposit with veins and breccia zones forming mineralized
shoots hosted in intrusive rocks.
The gold-rich breccia structure has a surface expression on the project of
at least 800 metres along strike and is open in both directions and down
dip. The project was previously explored by Timmins Gold, now Alio Gold,
(“Timmins”) until July 2011.
Channel sampling by Timmins across the outcrop of the Cocula breccia
returned 136m with 2.39 g/t Au, 19 g/t Ag, 1.07% Pb and 0.12% Zn. High
grades of up to 25 g/t Au were reported for individual samples.
In 2008, Timmins drilled 27 RC holes (1,974 m) and confirmed the
continuity of the Cocula breccia along 800m of strike, open in all
directions.

9. TSX Venture: SSE
Cocula Advanced Gold Project
Timmins Gold Drill Intercepts
Some examples of Timmins’ 2008 drill intercepts are:
Drill hole RCC-01 returned 7.5 m of 5.8 g/t Au within a longer interval of
37 m of 1.3 g/t Au, 13 g/t Ag, and 1.1 % Pb from the surface,
Drill hole RCC-09 cut 10.5 m with 1.76 g/t Au and 13.5 m with 1.37 g/t
Au within a larger interval of 54 m with 0.72 g/t Au, 8.9 g/t Ag, and
0.96% Pb,
Drill hole RCC-10 has an intercept of 37.5m with grades of 1.2 g/t Au, 13
g/t Ag and 1.34 % Pb that includes two narrow intervals of 3.0 m with 6.3
g/t Au and 7.5 m of 3.0 g/t Au.

10. TSX Venture: SSE
Cocula Advanced Gold Project
Due Diligence Samples
Due Diligence samples taken in July 2019 by Silver Spruce and a Qualified Person show
that gold, silver and base metals values correlate well with Timmins’ reported results.
Cocula Project Drill Sample Comparisons
Samples Selected by ProDeMin
Drill Sample Assays Reported by Timmins Gold Re-Assayed Results
Hole ID Sample Au_ppm Ag_ppm Cu_ppm Pb_ppm Zn_ppm Sample Wt. kg Au ppm
RCC-01 17001 22.51 22.30 1058.00 14626.00 950.00 17001 1.5 23.70
RCC-02 17076 1.09 38.30 2349.00 19601.00 1301.00 17076 2.2 0.94
RCC-03 17115 0.77 2.10 955.00 1203.00 192.00 17115 6.6 0.3
RCC-03 17116 0.28 9.00 3165.00 598.00 280.00 17116 4.82 0.31
RCC-03 17117 0.81 15.80 4625.00 466.00 277.00 17117 3.18 0.6
RCC-03 17118 0.77 18.70 4822.00 470.00 210.00 17118 2.84 0.93
RCC-03 17119 1.86 19.90 1382.00 680.00 104.00 17119 3.8 1.57
RCC-03 17120 0.89 10.30 1179.00 909.00 193.00 17120 2.9 1
RCC-03 17122 1.12 7.60 2536.00 572.00 310.00 17122 2.34 1.05
RCC-07 17354 8.53 125.10 421.00 24514.00 4589.00 17354 0.92 0.99
RCC-09 17490 0.70 4.90 112.00 7476.00 1297.00 17490 6.44 0.42
RCC-09 17491 0.47 24.60 113.00 14736.00 1129.00 17491 6.5 0.48
RCC-09 17493 3.79 9.20 238.00 16601.00 2450.00 17493 2.88 3.66
RCC-09 17497 0.99 22.00 347.00 18518.00 1582.00 17497 5.6 0.61
RCC-09 17498 0.52 22.70 506.00 17259.00 1786.00 17498 3.22 0.58
RCC-17 17911 6.45 3.50 241.00 692.00 590.00 17911 4.44 8.44

11. TSX Venture: SSE
 Shallow high grade mineralization defined by surface sampling
 Gold-bearing quartz vein stockwork and breccia exposed at surface with
abundant historic workings
 Surface sampling of as much as 25 g/t Au
Cocula Advanced Gold Project
Mineralization at Surface

12. TSX Venture: SSE
Cocula Advanced Gold Project
Qualified Person Due Diligence Samples
Rock chip channel samples taken by a Qualified Person preparing the
NI 43-101 report on Cocula show high gold grades present at surface.
COCULA Technical Report sampling July 2019
Qualified Person Channel Samples
SAMPLE TYPE WIDTH (m) DESCRIPTION Au g/t
13359 CHANNEL 0.6
small dig 3x3x1.7m, east wall, red color breccia, Az 50° -75°. weak to moderate
silicified, barite,specularite, iron oxides, minor secondary Cu.
0.97
13360 CHANNEL 1
small dig 3x3x1.7m, west wall, red to light red color, breccia, Az 50° -60°, weak to
moderate silicification, barite, specularite, hematite and minor Cu.
1.42
13361 CHANNEL 0.7
0.20m quartz vein taken in 4x1.5x1.7 trench, low angle Az 270° -19°, light color, minor
iron stained and hematite, mo sulphides vissible.
0.10
13362 CHANNEL 1.5
sample taken in 10m long main trench, south extreme, breccia, texture well not
observed due to alteration, barite, specularite, hematite.
7.61
13363 CHANNEL 0.7
sample taken in the middle portion of main trench, reddish color, breccia, weak to
moderate silicified, barite, specularite, sometimes leached apparience, hematite and
minor Cu stained.
16.65
13364 CHANNEL 2.3
sample taken in north portion in main trench, reddish color, brecciated, Az 300,
mostly vertical, weak silicified, leached apparience, barite, specularite, iron stained,
hematite.
10.85
13365 CHANNEL 1.5
Sample taken in 1.7x1.5x8m adit, E-NE strike, fault zone?, strongly fractured, clays,
gouge, hematite stained and filling fractures.
0.35
13366 CHANNEL 1.1
SE portion of Project, small 1.5x1.7x3.0m adit, breccia, moderate to strong silicified,
minor barite and specularite, weak iron stained.
0.47

13. TSX Venture: SSE
Sampling on trenches across the Cocula breccia has defined an
outcropping mineralized body
Cocula Advanced Gold Project
Surface Sampling

14. TSX Venture: SSE
 RCC-01: 37.5 m 1.3 g/t Au, 13 g/t Ag, and 1.1 % Pb
includes 7.5 m with 5.8 g/t Au
Cocula Advanced Gold Project
Cross Section - Holes RCC-01 and RCC-08

15. TSX Venture: SSE
 RCC-09: 54 m 0.72 g/t Au, 8.9 g/t Ag, and 0.96% Pb
includes 10.5 m of 1.8 g/t Au and 13.5 m of 1.4 g/t Au
 RCC-10: 37.5 m 1.2 g/t Au; 13 g/t Ag and 1.34 % Pb
includes 6.0 m of 3.1 g/t Au and 12 m of 2 g/t Au
Cocula Advanced Gold Project
Cross Section - Holes RCC-09 and RCC-10

16. TSX Venture: SSE
 1,974 metres of RC drilling in 27 holes
 Defined shallow mineralized body with 0.5 to 1.5 g/t Au
 Open along strike and at depth to grow potential resource
 Good bulk tonnage, open pit mining scenario
 Preliminary metallurgical work indicate generally good recoveries:
 Bottle rolls, -10 mesh, core: Au recoveries of 50-80%,
Ag variable mostly over 70%
 Bottle rolls, -10 mesh, trenches: Au recoveries around 68%, Ag
about 45%
 Columns, up to 3/8 inch from trenches: Au recoveries of 70% and
Ag 35% over 31 days
 Can possibly expand with acquisition of nearby concessions with
known mineralization
Cocula Advanced Gold Project
Summary

17. TSX Venture: SSE
Pino de Plata Project
Project Overview
 Located 15 km away from Coeur Mining’s
flagship Palmarejo Mine in Chihuahua, Mexico
 Four road-accessible concessions comprising
397 hectares in the heart of the Sierra Madre
Occidental gold-silver belt
 Our Exploration Target is to develop 100 million
ounces of silver
 Definitive Purchase Agreement for 100% interest
 Exploration license is in place
 Permitting for 30 drill pads approved
Pino de Plata is located 5.5 km south
of Chinipas deAlmada

18. TSX Venture: SSE
Northwest
Pino de Plata Project
Coeur’s Palmarejo Mine - 15km northeast
View of Palmarejo Mine with Pino de Plata in background

19. TSX Venture: SSE
Pino de Plata Project
Principal Target Areas
Looking to the southwest across veins, workings, gossans and alteration
Gossan Zone

20. TSX Venture: SSE
Pino de Plata – Three Target Types
Carbonate Replacement Targets
The Santa Elena gossan area presents a viable target for replacement Ag-Pb-Zn-Cu
deposits. Unoxidized replacement mineralization from the Santa Elena Mine
approaches 6.4 opt (200 g/t) Ag. This area has the potential for relatively shallow
replacement mineralization over an area of >20 Ha.
Epithermal Targets
At the Terrero target, an area of over 20,000 square metres (>2 Ha), the replacement
epithermal mineralization in igneous rocks contains good silver grades at surface in
unoxidized rock. Seven out of the nine samples contained >1 opt (31.25 g/t) Ag up to
17.8 opt (557 g/t) Ag. Little additional work in the way of mapping and sampling is
required prior to drilling this prospect. ProDeMin recently sampled 1130 g/t Ag with
3.72% Pb for 1278 g/t AgEq.
Vein Targets
The Sierpe I & II and Theodora veins are open on strike and have indications of high
grade Ag >8 opt (250 g/t) Ag and reasonably minable widths ≥1m. Newly exposed, Ag-
mineralized quartz veins in road cuts to the west along with favorable alteration west of
the Sierpe and Theodora mines make these attractive vein targets.

21. TSX Venture: SSE
El Terrero Mine
 Disseminated epithermal mineralization in strongly argillized igneous rocks contains
high grade silver at surface.
 Seven out of nine samples contained >1 oz/t (31.25 g/t) Ag and up to 17.8 oz/t
(557 g/t)Ag.
Pino de Plata Project
Geological Target Types - Epithermal
Terrero Vein sampled in 2019 by ProDeMin 1130 g/t Ag with 3.72% Pb for 1278 g/t AgEq

22. TSX Venture: SSE
 Twelve targets were identified for immediate Phase I drill testing.
 Gossans in the Gossan zone, skarn/replacements at Santa Elena, the El Terrero
mine target, the la Perla vein and associated alteration zone, the Santa Clara
vein, the Theodora vein, the Sierpe veins and associated alteration, and the
newly defined Muro vein.
 Based on field observations, El Terrero and Gossan are large targets with
potential for encountering wide zones of mineralization. Both areas exhibit
strong iron oxides after original sulfide minerals.
 The Terrero target is a relatively flat-lying body that appears to consist of
multiple structures associated with strong argillic alteration and abundant iron
oxides and jarosite.
 Surface exposures and dumps have yielded high silver and base metal values,
and similar assays were reported by the government geological survey from
underground workings.
Pino de Plata Project
2019 Report Summary

23. TSX Venture: SSE
Pino de Plata Project
Geochemistry Map 5K
Historical analysis reported by property owner and Servicio Geologico Mexicano (SGM)
– quantitative assay and multi-element analysis showing Ag values as proportional
symbol ranges for rock (circles).

24. TSX Venture: SSE
Pino de Plata Project
2019 Drilling Program Overview
Workings at the La Perla Vein
 30 fully permitted drill pad locations
 12 drill holes in Phase I totaling 2000-2500 m
 Road accessible to all targets
 Drilling to test El Terrero, La Perla, Sierpe, Muro,
Santa Elena, Theodora, Santa Clara, Hedionda
 Drilling to test Gossan Zone
 Geological work to be conducted by ProDeMin
 Drilling contract awarded to ECODRILL
 Samples to be analysed by ALS Global

25. TSX Venture: SSE
Pino de Plata Project
2019 Drilling Program Review
 Geological map with section lines and twelve (12) proposed 2019 drill pads (dark
blue symbols circled in red), collar location, azimuth and orientation, and projected
depth showing distribution across property.

26. TSX Venture: SSE
Pino de Plata Project
Plans and Sections for 2019 Drilling 5K
 Geological Plan View and Schematic Cross-section #13 N20°W located to test the
shallow northwesterly-dipping El Terrero breccia structure (DDH SC1), northeast of
the El Terrero surface workings, and extend at depth to the projected Santa Clara
vein below the Santa Clara surface workings. Sulphides and strong argillic alteration.

27. TSX Venture: SSE
Pino de Plata Project
Plans and Sections for 2019 Drilling 5K
 Geological Plan View and Schematic Cross-section C N10°W is oriented 60°
oblique to sections #8 and #10 and is located to transect the Gossan zone
(DDH G4) and projected oxidized sulphide zone near the Santa Clara Fault
and the Hedionda II vein.

28. TSX Venture: SSE
Silver Spruce Resources Inc.
Investment Opportunity Summary
Tightly Held Share Structure
Two Exciting Exploration Projects
Highly Experienced Management Team
New Market Development Program
No Long-term Debt

29. TSX Venture: SSE
TSX Venture: SSE
USA: SSEBF
Frankfurt: S6Q
197 Dufferin Road – Suite 312
Bridgewater, Nova Scotia
B4V 2G9
(902) 527-5700
info@silverspruceresources.com
www.silverspruceresources.com
Silver Spruce Resources Inc.