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Spruce Ridge Resources Ltd V.SHL

Alternate Symbol(s):  SRCGF

Spruce Ridge Resources Ltd. is a Canada-based mineral exploration company. It is focused on critical metal resources with nickel projects in Oregon, United States and copper projects in Newfoundland, Canada. It has four properties in Oregon, two nickel resources (Cleopatra and Red Flat), one with nickel sulfide intersections in drillcore (Shamrock) and nickel laterite at Eight Dollar. Its 100% Great Burnt project is a volcanogenic massive sulfide (VMS) deposit in central Newfoundland’s highly prospective, base-metal-rich greenstone belt, consisting of four prospective zones: Great Burnt Zone (Copper), South Pond A Zone (Copper, Gold), South Pond B Zone (Gold) and End Zone Prospect (Copper). The Cleopatra Property consists of over 139 lode mining claims covering a total area of 1,162 hectares (ha). The Red Flat Nickel Property consists of 84 lode mining claims covering an area of over 815 ha. It also has various mining claims at Eight Dollar Mountain, located in southwest Oregon.


TSXV:SHL - Post by User

Post by nomoneyon Dec 24, 2020 10:22am
149 Views
Post# 32177125

Another great NR

Another great NR
V.SHL 

PUSLINCH, ON / ACCESSWIRE / December 24, 2020 /Spruce Ridge Resources Ltd. (TSXV:SHL) ("Spruce Ridge" or the "Company") is pleased to announce assay results of a second hole - GB20-20 - of the recently completed 3,100-metre infill drilling program of the Great Burnt Main Zone copper deposit on the wholly-owned Great Burnt project in central Newfoundland. Hole GB20-20, like hole GB20-05 (see news release of December 21st), was selected for rush assaying because of the presence of massive to semi-massive chalcopyrite. The averages for GB20-20 are: 22.75 metres of 6.89% Cu, 0.79% Zn and 0.05 g/t Au, including 12.55 metres of 10.59% Cu, 1.27% Zn and 0.07 g/t Au, which in turn included 1.50 metres of 18.15% Cu, 1.98% Zn and 0.04 g/t Au. The GB20-20 intercept is 187 metres north and 108 metres higher than the previously reported intercept in hole GB20-05.


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