Discover Hole Intersected 291m assaying 0.293% Ni, 118 ppm Co, .02 g/t Pd and .011 g/t Pt Drill Holes 03 and 04 Ended in Mineralization with Increasing Grade Spruce Ridge Resources Ltd. - is pleased to announce the results of its 2018 winter drill program on the Crawford nickel project near Timmins, Ontario. Four holes totalling 1,818 metres were drilled on the Crawford Ultramafic Complex. Three of the holes intersected [...]
Spruce Ridge Resources Ltd. is pleased to announce that it has received the results of the last five diamond drill holes in a 10-hole program on its wholly-owned Great Burnt Copper-Gold Project in Newfoundland. The drilling was targeted at the Great Burnt Main Zone, with a view to filling gaps between previous drill holes, testing for possible extensions of the Main Zone, testing a newly identified target from a 2007 [...]
Spruce Ridge Resources Ltd. is pleased to announce that it has received the results of the first five diamond drill holes in a 10-hole program on its wholly-owned Great Burnt Copper-Gold Project in Newfoundland. The drilling was targeted at the Great Burnt Main Zone, with a view to filling gaps between previous drill holes, testing for possible extensions of the Main Zone, testing a newly identified target from a 2007 [...]
Spruce Ridge Resources Ltd. is pleased to announce that drilling has begun on its 100% owned Great Burnt copper-gold Volcanogenic Massive Sulphide property in South Central Newfoundland. The diamond drill program will comprise approximately 1,500 metres. The current drill program will focus on two newly identified, previously untested EM anomalies with similar characteristics to the Great Burnt copper-gold deposit, as [...]
Spruce Ridge Resources Ltd. is pleased to announce that drilling has begun on their optionedproperty in Crawford Township, Ontario.The diamond drill program will be approximately 2,000 metres. The first drill hole isplanned to be 600 metres deep and will test the strongest portion of a 3,000metre long magnetic anomaly within an interpreted ultramafic and maficintrusive complex covering an area of approximately 3.5 by 2.0 [...]
Spruce Ridge Resources Ltd. is pleased to announce it has awarded a diamond drilling contract to NPLH Drilling of Timmins, Ontario. Spruce Ridge and its joint venture partner, a private group of knowledgeable mining investors, plan a diamond drilling program of approximately 2,000 metres on their optioned property in Crawford Township, Ontario. Drilling is planned to start immediately. Spruce Ridge's option agreement on [...]
Spruce Ridge Resources Ltd. is pleased to announce that it has closed a non-brokeredprivate placement for gross proceeds of $400,000 consisting of 7,100,000 nonflow-through units for $355,000 and 900,000 flow-through units for $45,000. Each NFT unit will be issued at $0.05 and will consist of one common share and one common share purchase warrant, each warrant exercisableat $0.05 cents for three years. Each FT unit will [...]
Spruce Ridge Resources Ltd. is pleased to announce that it intends to complete a non-brokered private placement financing of up to 8,000,000 units at a price of $0.05 per Unit, for total gross proceeds to the Company of up to $400,000. Units will be offered on a flow-through basis and on a non-flow-through basis. Each NFT Unit shall consist of one common share in the capital of the Company (a “Share”) and one common share [...]
Spruce Ridge Resources is pleased to announce that it has signed an LOI with a private group of knowledgeable mining investors to acquire up to 50% of its Option and Joint Venture agreement with Noble Mineral Exploration Ltd on its Crawford Township property. The Crawford Property lies approximately14 kilometres north of Glencore Canada’s world class Kidd Creek zinc-copper-silver mine, currently celebrating its 52nd year [...]
Spruce Ridge Resources is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement (see News Release dated April 25, 2018) for gross proceeds of $112,900, consisting of 2,822,500 units at a price of $0.04 per unit. The total amount raised is $434,900. Each unit under the Placement consists of one common share and one whole warrant. Each warrant will entitle the [...]
Spruce Ridge Resources is pleased to announce that it has received a preliminary review and assessment of historical airborne EM and magnetic surveys flown over the Great Burnt Lake Copper Property in south central Newfoundland. The re-interpretation was carried out by Steve Balch, P. Geo., President and founder of BECI, a geophysical services and development company. The review incorporated a 2007 helicopter-borne [...]
Spruce Ridge Resources Ltd. reports that the nominees listed in the management information circular for the 2018 Annual General Meeting of shareholders held on July 11, 2018 were elected as directors of Spruce Ridge. Detailed results of the vote for the election of directors are set out below:
+366,67 %
-45,61 %
