Editors Note: There are 2 photos associated with this release.

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
update results of ongoing exploration on the Big Easy, epithermal, low
sulphidation gold/silver zone in eastern Newfoundland. The Company owns 100% of
the Big Easy property, subject to advance royalty payments of $20,000 per year
and a 3% NSR on any production, of which 1.5% can be bought for $1.5 M. The
Company is looking for a JV partner for the project and/or to access financing
for further exploration and development.


Although exploration has been limited due to lack of funds in 2013, some
significant developments have happened this summer through field visits
generated by interest in the property at both the Cordilleran Roundup in
Vancouver in January and the PDAC convention in Toronto in early March, and
subsequent re-examination of the drill core. They include: 




(1) Sinter (hot spring banding) indicating the paleo surface, is found in   
    subcrop in Trench 6, the furthest south that the zone has been tested by
    drilling in DDH BE-11-1, although no sinter was intersected in this     
    hole.                                                                   
(2) Quartz/adularia veins are located near surface in drill holes BE-12-9,  
    BE-12-10 and BE-12-11, the furthest north in the 2012 drilling and over 
    500 m to the south of DDH BE-11-6, the next drill hole to the north;    
(3) Angular quartz/adularia vein float (picture attached) has been located  
    approximately 100 m to the north of BE-12-11, an area with no diamond   
    drilling.                                                               
(4) Boiling textures, bladed quartz after calcite (picture attached), are   
    noted in surface float approximately 300 m to the north of BE-12-11 in  
    an area not tested by drilling and also in drill hole BE-11-5, to the   
    west, on the same drill section as BE-12-11.                            



The results show that the Big Easy zone is a "classic" low sulphidation,
epithermal, system and although very old, dated at around 570 Ma, is relatively
pristine and undeformed. Significant gold and silver values have been located -
values up to 7.9 g/T Au and 130 g/T Ag over 1.2 m in DDH BE-11-12 and 335 g/T Ag
and 2.5 g/T Au over 0.25 m in a QA vein in DDH BE-11-7. The boiling textures
indicate that we are at or near the required level for bonanza style gold/silver
values, typically 3-600 m below the surface (or paleosurface in our case) where
the sinter is being formed by the hot springs. 


The President and CEO of Silver Spruce, Peter Dimmell, says, "We are continuing
to move the Big Easy project forward even in these difficult times as we feel it
is a classic low sulphidation epithermal system with 'bonanza grade'
possibilities. Our focus continues to be to either raise money for continued
exploration if markets improve or get a joint venture for the Big Easy property
and we are hopeful that this will happen over the next few months."


Maps and other pictures showing the locations, for the above noted areas and the
diamond drilling, are on the Silver Spruce website at
www.silverspruceresources.com.


This release has been approved by Peter M. Dimmell, P.Geo., President & CEO of
Silver Spruce Resources Inc., who is a Qualified Person (QP) in NL and ON as
defined in National Instrument 43-101.


About Silver Spruce Resources Inc. 

Silver Spruce is a diversified junior exploration company with a significant,
road accessible, low sulphidation, epithermal, gold/silver property in eastern
Newfoundland, which has potential for bonanza grades in both gold and silver -
the Big Easy, and for the longer term, a portfolio of uranium (Snegamook, A7
(Fishawk Lake), Double Mer, Mount Benedict, CMBJV) and rare earth (Pope's Hill,
Pope's Hill JV (w/ Great Western Minerals Group), Straits) projects in Labrador.
Information on the company can be found on the Silver Spruce website at
www.silverspruceresources.com. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. The company seeks Safe Harbour.


To view the images associated with this release, please visit the following links: 

http://www.marketwire.com/library/20130812-quartz-lg.jpg 

http://www.marketwire.com/library/20130812-QA-lg.jpg

FOR FURTHER INFORMATION PLEASE CONTACT: 
Silver Spruce Resources Inc.
Gordon Barnhill
CFO & Director
902.527.5700
902.527.5711 (FAX)
gbarnhill@silverspruceresources.com
www.silverspruceresources.com

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