Spruce Ridge Resources
Spruce Ridge holds a 100% interest in 26,640 hectares in Central Newfoundland, including:
- the 2,890-hectare Great Burnt VMS copper-gold property, for which an updated mineral resource estimate and PEA are expected in the new year;
- the 4,575-hectare Pipestone nickel prospect, which covers the long linear magnetic anomaly; and
- the 19,175-hectare Foggy Pond property
In addition to its mineral assets, Spruce Ridge acquired leases with petroleum and natural gas rights, plus shut-in oil and gas wells, pipelines, and facilities in the Unity area of southwestern Saskatchewan, and is in the process of putting these assets back into production.
Spruce Ridge currently holds 5,594,955 shares of Canada Nickel Company Inc. and 10,000 shares of Noble Mineral Exploration Inc.