MOU with China Mining University

Memorandum of Understanding

This non-binding Memorandum of Understanding (“MoU”), dated as of October 18, 2019, is entered into by Silver Spruce Resources, Inc. (“SSE”), a Canadian exploration mining company having its principal place of business at 802-1550 Bedford Highway, Bedford, Nova Scotia Canada B3K 5M2 and China University of Mining and Technology having a principal campus at Xuzhou, China (“CUMT”).

The Parties desire to explore joint cooperation involving students and professors of CUMT visiting mining properties of SSE, at mutually convenient times, to engage in cross-cultural learning, geological related research, including, field work, mineral sample collection, geological computer modeling discussions, possibly drilling, and other activities related to enjoying nature, such as hiking, camping.

IN WITNESS WHEREOF, the Parties hereto have caused this Memorandum of Understanding to be effective as of the date first written above.

Silver Spruce Resources, Inc.
China University of Mining and Technology
Signature:[signed]
Signature:[signed]
Kevin R. O’Connor

LI Wenping
DIRECTOR
DEAN
China University of Mining and
Technology, School of Resources and
Geosciences