SSE Silver Spruce Resources Inc

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
report that Silver Spruce's investments are not exposed to any financial
instruments involving the US residential property market, mortgages or to
Coventree Inc. Silver Spruce has in excess of $3,500,000 in its treasury which
is invested in an interest bearing account earning in excess of 4.2% per annum.


ABOUT SILVER SPRUCE

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is a junior
exploration company primarily focused on uranium in the Central Mineral Belt
(CMB) and other areas of potential in Labrador, Canada. With interests in over
12,500 claims totaling approximately 3,100 square kilometres, Silver Spruce is
one of the largest landholders in one of the world's premier emerging uranium
districts. The large ground position, experienced partners, and strong financial
backing make Silver Spruce a leading uranium explorer.


On behalf of the Board of Directors, Gordon Barnhill, CFO and Director.

The Company seeks Safe Harbour.

Silver Spruce Resources (TSXV:SSE)
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