Spruce Ridge Resources Ltd. - is pleased to announce that its board of directors has declared a dividend-in-kind of 2,500,000 of the 10,600,000 common shares of Canada Nickel Company Inc. held by Spruce Ridge. The Dividend is payable on August 28, 2020 to holders of record of Spruce Ridge shares at the close of business on July 6, 2020 . The CNC Shares were acquired by Spruce Ridge in connection with the previously [...]
Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States Spruce Ridge Resources Ltd. - announces further to its news releases of October 1, 2019 and February 19, 2020, that 10,000,000 common shares of Canada Nickel Company Inc. , issued to the Company in accordance with the termination agreement [...]
Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States Spruce Ridge Resources Ltd. - is pleased to announce that further to its news release of October 1, 2019, the Company has entered into an agreement with Noble Mineral Exploration Inc. and Canada Nickel Company Inc. to terminate the option and [...]
Spruce Ridge Resources Limited is pleased to announce that it has commenced a new, detailed, helicopter-borne EM and magnetic survey of the 2,870-hectare Great Burnt copper-gold project in south-central Newfoundland. The survey, carried out by Balch Exploration Consulting Inc., will comprise approximately 1,100 line kilometres, with 50-metre line spacing, using a Triumph AirTEM™ time-domain electromagnetic system [...]
Spruce Ridge Resources is pleased to announce that it has been advised by Canada Nickel Company Inc. of the assay results from the first nine diamond drill holes from the Company's 2019 exploration campaign at the Crawford nickel-cobalt project located just north of Timmins. All 9 holes drilled as part of its inaugural 2019 drill campaign have intersected nickel-cobalt-PGM mineralization in excess of 330 metres 4 holes [...]
Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, In Whole or in Part, in or into the United States Spruce Ridge Resources Limited is pleased to announce the completion of the transfer of the Crawford NickelSulphide property to Canada Nickel Company Inc. . The transfer was completed pursuant to an implementation agreement dated as of November [...]
Not for distribution to U.S. newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States Spruce Ridge Resources Limited today announced that further to the letter of intent signed by the Company as announced on October 1, 2019, the Company has entered into the definitive agreement for that transaction on the same basis. John Ryan [...]
Spruce Ridge Resources Limited announces an Updated Mineral Resource Estimate at the Great Burnt Project in south-central Newfoundland. The estimates were made by P&E Mining Consultants Inc. The Mineral Resource Estimate includes the Great Burnt Copper Deposit and the South Pond "A" copper-gold zone. No Mineral Resource Estimate was calculated for the South Pond "B" Gold Zone. The Updated Mineral Resource Estimate [...]
Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States Spruce Ridge Resources Ltd. - is pleased to announce that it has agreed to sell its interest in the Crawford nickel-cobalt sulphide project to Canada Nickel Company which is being created by Noble Mineral Exploration Inc. . Spruce Ridge will [...]
Spruce Ridge Resources Ltd. - is pleased to announce that Spruce Ridge, with its joint venture partner, a group of sophisticated private investors, has commenced a second phase of diamond drilling on the Crawford nickel property, 40 kilometres north of Timmins, Ontario. Full results from the first phase of drilling at Crawford was disclosed in a news release dated March 1, 2019. Highlights from the first phase of [...]
Crawford Nickel - Cobalt Project Spruce Ridge Resources Ltd. - is pleased to announce the results of mineralogical studies on drill core samples from the Company's Crawford project near Timmins, Ontario . The recent 1,818-metre, 4-hole drill program resulted in wide intersections of up to 558 metres of serpentinized peridotite and dunite with consistent concentrations of nickel, cobalt, palladium and platinum . Twelve [...]
Spruce Ridge Resources Ltd. - Spruce Ridge holds 100 percent interest in the Great Burnt property in central Newfoundland. John A. Ryan, CEO, is pleased to present this update of the Great Burnt property and the status of its activities. MINERAL RESOURCE ESTIMATES A 43-101 technical report addressed to Spruce Ridge Resources Ltd., with an effective date of September 4th, 2015, by P&E Mining Consultants Inc, estimated [...]
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