Latest Spruce Ridge Res Com (SRCGF) Headlines
Vattenfall sells electricity grid to the City of Hamburg
M2 - Thu Jan 16, 8:18AM CST
Navy gives General Dynamics USD15m contract for sub base support services
M2 Airline Industry Information - Thu Jan 16, 8:17AM CST
16 January 2014
Northern Abitibi Completes Viking Property Sale to Spruce Ridge Resources Today and Files Early Warning Report
Marketwire - Mon Dec 23, 3:36PM CST
Northern Abitibi Mining Corp. (TSX VENTURE: NAI) ("Northern Abitibi") is pleased to announce the closing of its previously announced sale of the 100% owned Viking Property to Spruce Ridge Resources ("Spruce Ridge" - TSXV:SHL) in exchange for $150,000 cash and 11,000,000 common shares in the capital of Spruce Ridge (the "Shares").
Spruce Ridge Resources Completes Viking Property Purchase With Northern Abitibi Mining Corp.
ACCESSWIRE - Fri Dec 13, 5:39PM CST
Norfolk County , Ontario - December 13, 2013 - Spruce Ridge Resources Limited (TSXV: SHL) ("Spruce Ridge") is pleased to announce that it has completed a shares for debt transaction after receiving the approval of the TSX Venture Exchange. Pursuant to the option agreement with Northern Abitibi Mining Corp. ("Northern Abitibi - TSXV:NAI"), Spruce Ridge elected to issue up to 50% of the final cash payment of $100,000 by issuing 1,000,000 Shares at $0.05 per Share. Spruce Ridge also issued 5,000,000 shares to Northern Abitibi at $0.05 per share to complete the purchase. The Common Shares will be subject to a four month hold period expiring on April 15, 2014.
Spruce Ridge Begins Drilling Program on the Kramer/Viking Gold Property in Newfoundland
ACCESSWIRE - Wed Oct 30, 8:34AM CDT
Norfolk County , Ontario - October 30, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") announces that it has begun drilling targets at the Kramer/Viking gold property in Western Newfoundland. A minimum 1,500 meter diamond drill (approximately 8 holes) program will test the northeast extension of the Kramer zone where sampling in 2012 located additional gold bearing outcrops. A total of 165 grab samples of quartz veining and associated sulphide mineralization were collected; assays of these grab samples gave up to a maximum of 85.36 grams of gold per tonne. Of the 165 grab samples collected for assay, 140 were taken along a 1,000 metre long swath extending northeast from the area of the Kramer and Whisky Jack gold zones which were discovered in 2010 and tested with 14 preliminary diamond drill holes. Forty-four samples gave assays between 0.10 and 0.50 g/t Au, 20 samples gave between 0.50 and 1.00 g/t Au, 16 gave between 1.00 and 10.00 g/t Au, 4 gave from 10.00 to 20.00 g/t Au and five gave assays over 20 g/t Au. This broad swath includes what appear to be four or five new, discrete mineralized trends oriented north to south, northeast to southwest and east-northeast to west-southwest. These trends are similar in orientation to the mineralized trends defined on the Viking property immediately to the west.
Spruce Ridge Resources Completes Second Tranche of its $1,050,000 Non-Brokered Private Placement and Appoints New Director
ACCESSWIRE-TNW - Fri May 03, 3:05PM CDT
Norfolk County , Ontario - May 3, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") announces a second and final tranche of $25,000 has been completed for total proceeds of $220,500 of a non-brokered private placement of up to 7,000,000 Units at a price of CDN $0.15 per Unit for gross proceeds of CDN $1,050,000. Each Unit consists of one common share and one common share purchase warrant ("Unit Warrant"), with each Unit Warrant entitling the holder to acquire one additional common share at a price of $0.25 per share for a period of 24 months from closing.
Nevada Exploration Inc. Confirms Start of Second Core Hole at Fletcher Junction
Marketwire - Thu Apr 11, 7:46AM CDT
Nevada Exploration Inc. ("NGE") (TSX VENTURE: NGE) is pleased to announce that Spruce Ridge Resources Ltd. ("Spruce Ridge"), NGE's exploration partner at NGE's Fletcher Junction Gold Project (the "Project") in Mineral County, Nevada, has confirmed start of a second core hole. Drill hole FJ15 will be drilled to a planned depth of 600 meters at an angle of -60 degrees to intersect the target zone, believed to be a potentially gold mineralized fault structure that projects northward from the Aurora mining district beneath an estimated 250m of alluvium.
Spruce Ridge Resources Begins Diamond Drilling Epithermal Gold Deposit Target at Fletcher Junction, Nevada
ACCESSWIRE-TNW - Wed Apr 10, 9:33AM CDT
Norfolk County , Ontario - April 10, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") is pleased to announce that diamond drilling has begun on the epithermal target at the Fletcher Junction gold property in the Walker Lane area, Mineral County, Nevada. Drill hole FJ15 will be drilled to a planned depth of 600 metres at an angle of 60? to intersect the target zone, believed to be a potentially mineralized fault structure, which is covered by an estimated 250 metres of alluvium.
Spruce Ridge Resources Completes First Tranche of its $1,050,000 Non-Brokered Private Placement
ACCESSWIRE-TNW - Wed Feb 20, 11:48AM CST
Norfolk County , Ontario - February 20, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") announces a first tranche of $195,500 has been completed of a non-brokered private placement of up to 7,000,000 Units at a price of CDN $0.15 per Unit for gross proceeds of CDN $1,050,000. Each Unit consists of one common share and one common share purchase warrant ("Unit Warrant"), with each Unit Warrant entitling the holder to acquire one additional common share at a price of $0.25 per share for a period of 24 months from closing.
Spruce Ridge Resources Reports Encouraging Geochemical Results from First Diamond Drill Hole at Fletcher Junction, Nevada
ACCESSWIRE-TNW - Wed Jan 16, 8:13AM CST
Norfolk County , Ontario - January 16, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") is pleased to announce that it has completed its first diamond drill hole on the Fletcher Junction gold property in the Walker Lane area, Mineral County, Nevada. The drill hole successfully penetrated the Aurora basalt and the gravel beds and intersected 324 metres of bedrock with alteration, and anomalous to highly anomalous pathfinder elements - silver, arsenic, antimony, mercury, and molybdenum - both of which typically form haloes for a few hundred metres around epithermal gold deposits similar to the adjacent Aurora mining district, which has produced approximately 2 million ounces of gold.
Vattenfall sells electricity grid to the City of Hamburg
M2 - Thu Jan 16, 8:18AM CST
Navy gives General Dynamics USD15m contract for sub base support services
M2 Airline Industry Information - Thu Jan 16, 8:17AM CST
16 January 2014
Northern Abitibi Completes Viking Property Sale to Spruce Ridge Resources Today and Files Early Warning Report
Marketwire - Mon Dec 23, 3:36PM CST
Northern Abitibi Mining Corp. (TSX VENTURE: NAI) ("Northern Abitibi") is pleased to announce the closing of its previously announced sale of the 100% owned Viking Property to Spruce Ridge Resources ("Spruce Ridge" - TSXV:SHL) in exchange for $150,000 cash and 11,000,000 common shares in the capital of Spruce Ridge (the "Shares").
Spruce Ridge Resources Completes Viking Property Purchase With Northern Abitibi Mining Corp.
ACCESSWIRE - Fri Dec 13, 5:39PM CST
Norfolk County , Ontario - December 13, 2013 - Spruce Ridge Resources Limited (TSXV: SHL) ("Spruce Ridge") is pleased to announce that it has completed a shares for debt transaction after receiving the approval of the TSX Venture Exchange. Pursuant to the option agreement with Northern Abitibi Mining Corp. ("Northern Abitibi - TSXV:NAI"), Spruce Ridge elected to issue up to 50% of the final cash payment of $100,000 by issuing 1,000,000 Shares at $0.05 per Share. Spruce Ridge also issued 5,000,000 shares to Northern Abitibi at $0.05 per share to complete the purchase. The Common Shares will be subject to a four month hold period expiring on April 15, 2014.
Spruce Ridge Begins Drilling Program on the Kramer/Viking Gold Property in Newfoundland
ACCESSWIRE - Wed Oct 30, 8:34AM CDT
Norfolk County , Ontario - October 30, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") announces that it has begun drilling targets at the Kramer/Viking gold property in Western Newfoundland. A minimum 1,500 meter diamond drill (approximately 8 holes) program will test the northeast extension of the Kramer zone where sampling in 2012 located additional gold bearing outcrops. A total of 165 grab samples of quartz veining and associated sulphide mineralization were collected; assays of these grab samples gave up to a maximum of 85.36 grams of gold per tonne. Of the 165 grab samples collected for assay, 140 were taken along a 1,000 metre long swath extending northeast from the area of the Kramer and Whisky Jack gold zones which were discovered in 2010 and tested with 14 preliminary diamond drill holes. Forty-four samples gave assays between 0.10 and 0.50 g/t Au, 20 samples gave between 0.50 and 1.00 g/t Au, 16 gave between 1.00 and 10.00 g/t Au, 4 gave from 10.00 to 20.00 g/t Au and five gave assays over 20 g/t Au. This broad swath includes what appear to be four or five new, discrete mineralized trends oriented north to south, northeast to southwest and east-northeast to west-southwest. These trends are similar in orientation to the mineralized trends defined on the Viking property immediately to the west.
Spruce Ridge Resources Completes Second Tranche of its $1,050,000 Non-Brokered Private Placement and Appoints New Director
ACCESSWIRE-TNW - Fri May 03, 3:05PM CDT
Norfolk County , Ontario - May 3, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") announces a second and final tranche of $25,000 has been completed for total proceeds of $220,500 of a non-brokered private placement of up to 7,000,000 Units at a price of CDN $0.15 per Unit for gross proceeds of CDN $1,050,000. Each Unit consists of one common share and one common share purchase warrant ("Unit Warrant"), with each Unit Warrant entitling the holder to acquire one additional common share at a price of $0.25 per share for a period of 24 months from closing.
Nevada Exploration Inc. Confirms Start of Second Core Hole at Fletcher Junction
Marketwire - Thu Apr 11, 7:46AM CDT
Nevada Exploration Inc. ("NGE") (TSX VENTURE: NGE) is pleased to announce that Spruce Ridge Resources Ltd. ("Spruce Ridge"), NGE's exploration partner at NGE's Fletcher Junction Gold Project (the "Project") in Mineral County, Nevada, has confirmed start of a second core hole. Drill hole FJ15 will be drilled to a planned depth of 600 meters at an angle of -60 degrees to intersect the target zone, believed to be a potentially gold mineralized fault structure that projects northward from the Aurora mining district beneath an estimated 250m of alluvium.
Spruce Ridge Resources Begins Diamond Drilling Epithermal Gold Deposit Target at Fletcher Junction, Nevada
ACCESSWIRE-TNW - Wed Apr 10, 9:33AM CDT
Norfolk County , Ontario - April 10, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") is pleased to announce that diamond drilling has begun on the epithermal target at the Fletcher Junction gold property in the Walker Lane area, Mineral County, Nevada. Drill hole FJ15 will be drilled to a planned depth of 600 metres at an angle of 60? to intersect the target zone, believed to be a potentially mineralized fault structure, which is covered by an estimated 250 metres of alluvium.
Spruce Ridge Resources Completes First Tranche of its $1,050,000 Non-Brokered Private Placement
ACCESSWIRE-TNW - Wed Feb 20, 11:48AM CST
Norfolk County , Ontario - February 20, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") announces a first tranche of $195,500 has been completed of a non-brokered private placement of up to 7,000,000 Units at a price of CDN $0.15 per Unit for gross proceeds of CDN $1,050,000. Each Unit consists of one common share and one common share purchase warrant ("Unit Warrant"), with each Unit Warrant entitling the holder to acquire one additional common share at a price of $0.25 per share for a period of 24 months from closing.
Spruce Ridge Resources Reports Encouraging Geochemical Results from First Diamond Drill Hole at Fletcher Junction, Nevada
ACCESSWIRE-TNW - Wed Jan 16, 8:13AM CST
Norfolk County , Ontario - January 16, 2013 - Spruce Ridge Resources Ltd (TSXV: SHL) ("Spruce Ridge") is pleased to announce that it has completed its first diamond drill hole on the Fletcher Junction gold property in the Walker Lane area, Mineral County, Nevada. The drill hole successfully penetrated the Aurora basalt and the gravel beds and intersected 324 metres of bedrock with alteration, and anomalous to highly anomalous pathfinder elements - silver, arsenic, antimony, mercury, and molybdenum - both of which typically form haloes for a few hundred metres around epithermal gold deposits similar to the adjacent Aurora mining district, which has produced approximately 2 million ounces of gold.
