Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to
announce that fieldwork, to include diamond drilling, has begun at the CMB Joint
Venture ("CMB JV") uranium project located in the Central Mineral Belt of
Labrador. The Project is a joint venture with Crosshair Mining and Exploration
(TSX:CXX)(NYSE Amex:CXZ), the operator, with Crosshair holding a 63% ownership
and Silver Spruce a 37% ownership.


The CMBJV Project has a uranium deposit, the Two Time zone on the CMBNW
property, with a NI 43-101 indicated resource of 2.33 M lbs (1.82 MT grading
0.058% U3O8) and an additional inferred uranium resource of 3.73 M lbs (3.16 MT
grading 0.053% U3O8). The zone remains open along strike and to depth.


The 2011 program, as planned by Crosshair, consists of prospecting, sampling,
trenching and diamond drilling testing uranium targets outlined in the 2009 and
2010 exploration and including further definition drilling on the Two Time zone.
Silver Spruce has opted not to contribute to the program, due to expenditure
commitments on our higher priority REE projects, including the Pope's Hill Trend
along the Trans Labrador Highway in southern Labrador and gold/silver projects
on the island of Newfoundland. Consequently the company's interest in the CMBJV
will be diluted depending upon the final expenditures.


The Two Time zone on the CMBJV NW property and the 100% SSE owned Snegamook
property, which lies on strike to the south of the Two Time zone, and which
hosts a number of uranium showings including the Snegamook zone and the Near
Miss prospect, both lie outside of Labrador Inuit Lands and are therefore not
covered by the Nunatsiavut Government's moratorium on uranium mine development. 


Additional information the CMBJV Project and the Two Time uranium zone can be
found in the Technical Report on the CMBNW Property, Labrador, Canada prepared
for Crosshair and Silver Spruce dated June 22, 2009 filed on SEDAR. 


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


ABOUT SILVER SPRUCE

Silver Spruce is a junior exploration company originally focused on uranium in
the Central Mineral Belt (CMB) and elsewhere in Labrador, Canada. With interests
in more than 4,000 claims totaling more than 1,000 square kilometers in
Labrador, Silver Spruce is one of the largest landholders in one of the world's
premier emerging uranium and REE districts. The company has rare earth element
(REE) properties in Labrador - Pope's Hill, Pope's Hill JV (with Great West
Minerals Group), MRT, RWM and the Straits and gold/silver projects (Big Easy,
Rambler S.) on the island of Newfoundland.


The company seeks Safe Harbour.
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