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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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:
Spruce Ridge Resources is pleased to announce that it has recently received from Noble Mineral Exploration, the results of the Artificial Intelligence (AI) carried out by Albert Mining on Spruce Ridge’s recently acquired Crawford Township property. Albert Mining of Brossard, used their proprietary Computer Aided Resources Detection Software [...]
Spruce Ridge Resources is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement for gross proceeds of $101,000, consisting of 2,525,000 units at a price of $0.04 per unit. To date $322,000 has been raised. Each unit under the Placement consists of one common share and one whole warrant [...]
Spruce Ridge Resources is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement for gross proceeds of $221,000, consisting of 5,525,000 units at a price of $0.04 per unit. Each unit under the Placement consists of one common share and one whole warrant. Each warrant will entitle the holder [...]
