SSE Silver Spruce Resources Inc

Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) and Universal
Uranium Ltd. (TSX VENTURE:UUL) -


Highlights

- Drilling intersects 17m of 0.109% U3O8 (2.18 lbs/ton)

- Widest zone of mineralization located to date in drilling - 199 m at 0.026%
U3O8 (0.52 lbs/ton)


- Two Time Zone strike length extended to 425m

- New mineralized areas located in float and outcrop with values to 0.93% U3O8
(18.6 lbs/ton)


- Radon Gas (RadonEx) surveys show significant potential mineralized zones

Silver Spruce Resources Inc. and Universal Uranium Ltd. are pleased to announce
further results of the continued third phase drilling at the Two Time Zone and
prospecting and Radon Gas (RadonEx) surveys from the CMBNW claim block in
central Labrador.


Results for holes CMB-07-15 to 20 are reported. The new holes continue to expand
and define the mineralization, along strike and to depth. The best values were:
CMB-07-16 - 192 m from 256 to 448 m, assaying 0.022% U3O8 (0.44 lbs/ton)
including 9 m from 286 m to 295 m at 0.127 (2.54 lbs/ton); CMB-07-18 - 17 m from
211 m to 228 m at 0.109% U3O8 (2.18 lbs/ton); and CMB-07-19 - 199 m at 0.026%
U3O8 (0.52 lbs/ton) including 4 m from 299 m to 303 m at 0.129% U3O8 (2.58
lbs/ton). The drilling was targeted to test the Two Time zone at depth to the
south.


Mafic dikes disrupted the mineralized zone in hole 15, which tested the zone at
a vertical depth of 250 m under hole 14 on Section 0+00. The hole stopped in the
mineralized zone due to bad ground conditions. Hole 16 tested under hole 12 on
Section 0+75 S, at a depth of approximately 250 m. It intersected a wide, lower
grade section with narrow higher grade zones and included mafic dike from 311 m
to 329 m. Holes 17-19 were drilled as a fence on Section 1+25 S, 50 m to the
south of drill holes 5, 6, 12 and 16, on Section 0+75 S, to test the southern
extension of the zone from approximately 150 m to 250 m vertical depth. All of
these holes intersected wide zones (90 m plus) of lower grade mineralization in
the 0.02% to 0.03% U3O8 range with higher grade intersections including 17 m of
0.109% U3O8 in Hole 18. Hole 19 which gave the widest zone of mineralization to
date, 199 m of 0.026% U3O8 was stopped while in mineralization due to mechanical
difficulties. Hole 20 was drilled to the west to test for a possible western
offset to the Two Time Zone mineralization. It did not intersect any significant
radioactivity and no samples were taken. Drilling is continuing.


"We continue to be excited by the mineralization that we are finding on the
CMBNW property," stated Lloyd Hillier, President and CEO of Silver Spruce.
"Ongoing results indicate the strength of the uranium mineralizing system and
the increased potential for a large uranium deposit on the property."


The zone has been traced over a strike length of approximately 425 m from 2+75 N
to 1+50 S and it remains open. The host for the mineralization is an altered,
brecciated and fractured intrusive, monzodiorite to diorite, with extensive
chlorite, carbonate and hematite alteration. The orientation of mineralization
in the Two Time Zone appears to be near vertical to steeply dipping. An estimate
of true widths cannot be established at this time.


RadonEx radon gas surveys have been utilized to trace uranium mineralization on
the CMBNW and Snegamook properties as a guide for exploration. The non-invasive
RadonEx technique uses a computer chip based radon detector which is buried in
the earth in the morning, recovered in the late evening and then read in the
night to give results immediately. The technique, which relies on Radon gas
escaping from buried uranium mineralization, was tried on the Two Time and Near
Miss showings in the early summer as an orientation. Both surveys detected and
traced the mineralization giving confidence in the technique. The survey has
been successful in defining a trend of radon anomalies, thought to represent
uranium mineralization, along the Two Time area and these anomalies are being
tested by drilling.


The surveys have also shown a number of other mineralized structural trends,
particularly an east-northeast (ENE) trending zone, to the south of the Two Time
on the Snegamook property, which remain to be tested. This survey has located
significant anomalies, some much larger and stronger than the anomaly over the
TT zone. Prospecting, guided by the RadonEx surveys, has located significant
mineralization along these trends.


In the prospecting surveys, 76 rock samples taken from float and outcrop with
scintillometer readings from a few hundred to greater than 10,000 cps have been
analyzed. Of these, five gave values greater than 0.5% U3O8 (10 lbs/ton) and 31
gave values greater than 0.1% U3O8 (2 lbs/ton). The majority of these samples
were taken outside of known mineralized areas and represent new areas of
significant uranium mineralization. Most of the anomalous samples are associated
with major east-northeast (ENE) or north-northwesterly (NNW) trending
structures, the most significant of which is a 12 km long east-northeast
trending suture which extends from the Near Miss showing across the Snegamook
property, approximately 2.5 km south of the Two Time zone to the area of the
highly anomalous lake sediment values noted in the news release of June 26,
2007. The uranium values are hosted in hematite bearing breccia zones close to
the trace of the structure and in pegmatitic zones to the north of it. Another
area, trending ENE and giving values up to 0.93% U3O8 (18.6 lbs/ton) in float
boulders and 0.4% U3O8 (8 lbs/ton) in outcrop is located in the southeastern
portion of the group. These samples are generally hematite breccias and are
related to alteration (carbonatization, chloritization) in the host units. The
Near Miss Showing, located in the southwestern portion of the Snegamook
property, gives values from 78 to 5000 ppm (0.008% to 0.5%) U3O8 in rock samples
from outcrop and also shows good coincidence with RadonEx radon gas anomalies.
It has not yet been drilled. Other rock samples have been taken and submitted to
the laboratory. These results are pending.


Analyses were performed by Activation Laboratories in Ancaster, Ontario, an
approved, accredited laboratory, using the delayed neutron activation technique,
which gives accurate results for samples carrying up to one percent uranium.
Selected analytical values for the drill holes are shown in Table 1. A revised
plan map of the drilling, a compilation map showing the RadonEx anomalies, the
anomalous rock sample values and the associated structures plus a more detailed
map showing the RadonEx anomalies in the Two Time Trend area, are shown on
Silver Spruce's and Universal Uranium's websites.




TABLE 1 - ANALYTICAL RESULTS
Diamond Drilling - CMBNW Property - Two Time Showing - 
DDH's CMB-07-15 to 20
------------------------------------------------------------
                                  Length             lbs/ton
DDH #       From            To         m    % U3O8      U3O8
------------------------------------------------------------
CMB-07-15    241           289        48      .011      0.22
------------------------------------------------------------
 " incl.     259           270        11     0.029      0.58
------------------------------------------------------------
 "           447           499        52     0.014      0.28
------------------------------------------------------------
CMB-07-16    256           448       192     0.022      0.44
------------------------------------------------------------
 " incl.     267           311        44     0.045       0.9
------------------------------------------------------------
 " incl.     286           295         9     0.127      2.54
------------------------------------------------------------
 " incl.     349           354         5      0.10       2.0
------------------------------------------------------------
CMB-07-17    173           263        90     0.022      0.44
------------------------------------------------------------
 " incl.     236           263        27     0.043      0.86
------------------------------------------------------------
 " incl.     249           262        13     0.063      1.26
------------------------------------------------------------
 " incl.     249           253         4     0.095       1.9
------------------------------------------------------------
 " and       255           262         7     0.057      1.14
------------------------------------------------------------
CMB-07-18    198           326       128     0.028      0.56
------------------------------------------------------------
 " incl.     205           228        23     0.089      1.78
------------------------------------------------------------
 " incl.     211           228        17     0.109      2.18
------------------------------------------------------------
 " incl.     216           228        12     0.134      2.68
------------------------------------------------------------
 " incl.     305           310         7      0.08       1.6
------------------------------------------------------------
CMB-07-19    251           450       199     0.026      0.52
------------------------------------------------------------
 " incl.     286           443       157     0.029      0.58
------------------------------------------------------------
 " incl.     287           303        16     0.071      1.42
------------------------------------------------------------
 " incl.     299           303         4     0.129      2.58
------------------------------------------------------------
CMB-07-20     No   significant     Scint  readings
------------------------------------------------------------
              No       samples     taken
------------------------------------------------------------

All core showing significant total count scintillometer values was cut and
analyzed. Core samples were halved by sawing on site, with one half sent 
for analysis and the other half retained for further study.



ABOUT THE CMB NORTHWEST 2 PROPERTY

The CMB northwest block is part of the Silver Spruce/Universal Uranium CMB/Seal
Lake joint venture previously announced.


ABOUT SILVER SPRUCE

Silver Spruce Resources Inc. (TSX VENTURE:SSE) is a junior exploration company
primarily focused on uranium in the Central Mineral Belt (CMB) of Labrador,
Canada. With over 12,500 claims totaling approximately 3,100 square kilometers
in Labrador, Silver Spruce is the second largest landholder in one of the
world's premier emerging uranium districts. With experienced partners and strong
financial backing, Silver Spruce is emerging as a leading uranium explorer in
Canada.


ABOUT UNIVERSAL URANIUM

Universal Uranium Ltd. (TSX VENTURE:UUL) is a publicly held Canadian uranium
exploration company focused on acquiring, exploring and developing uranium
properties located in favorable geo-political climates. The company is led by a
highly skilled, experienced board and management team with significant successes
in managing early stage mineral exploration companies.


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


The Company seeks Safe Harbour.

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