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Spruce Ridge Intersects 51 Metres Averaging 1.69 g/t Au at South Pond "B" Gold Zone

(TheNewswire) April 6, 2022 – TheNewswire - Spruce Ridge Resources...

articleHomeland Nickel IncApril 6, 20225/company/spruce-ridge-resources-ltd/news/spruce-ridge-intersects-51-metres-averaging-169-gt-au-at-south-pond-b-gold-zone
Spruce Ridge Intersects 51 Metres Averaging 1.69 g/t Au at South Pond "B" Gold Zone

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[{"type":"text","content":"Spruce Ridge Intersects 51 Metres Averaging 1.69 g/t Au at South Pond \"B\" Gold Zone\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n April 6, 2022 – TheNewswire -\n \n \n Spruce Ridge Resources Ltd. (TSXV:SHL)\n \n \n (OTC:SRCGF)\n \n \n (“Spruce Ridge” or the\n“Company”) is pleased to announce gold assay results for all core\nsamples from its 2021 diamond drilling program on the South Pond\n“B” gold zone,\n \n \n on its wholly-owned Great\nBurnt property in Central Newfoundland.  The results feature wide\nintervals of gold, including:\n \n \n 51.00 metres averaging 1.69 grams of gold per tonne\n \n \n (g/t Au) in hole SP21-01,\n \n \n 15.00 metres of 2.36 g/t Au\n \n \n (including\n \n \n 4.00\nmetres of 5.29 g/t Au\n \n \n ) in SP21-03,\n \n \n 21.20 metres of 1.75 g/t Au\n \n \n in SP21-08,\n \n \n 17.60\nmetres of 1.34 g/t Au\n \n \n in SP21-11 and\n \n \n 21.00 metres of 2.06 g/t Au in\nSP21-14\n \n \n .  The lengths quoted are core lengths;\ntrue widths are estimated to be approximately 70% of core\nlengths.\n \n \n \n \n The following table lists all drill intercepts over 1\ngram of gold per tonne from the 2021 drill program.\n \n \n \n \n \n \n GOLD ASSAY RESULTS FROM 2021 DRILLING\n \n SOUTH POND \"B\" GOLD ZONE\n \n \n \n \n \n \n Hole No.\n \n \n \n \n Inclination\n \n \n \n \n From\n \n (m)\n \n \n \n \n To\n \n (m)\n \n \n \n \n Core\n \n Length\n \n \n \n \n Au g/t\n \n \n \n \n \n \n SP21-01\n \n \n \n \n -50°\n \n \n \n \n 11.00\n \n \n \n \n 62.00\n \n \n \n \n 51.00\n \n \n \n \n 1.69\n \n \n \n \n \n \n includes\n \n \n \n \n \n \n 19.00\n \n \n \n \n 62.00\n \n \n \n \n 43.00\n \n \n \n \n 1.82\n \n \n \n \n \n \n which includes\n \n \n \n \n \n \n 50.00\n \n \n \n \n 61.00\n \n \n \n \n 11.00\n \n \n \n \n 3.19\n \n \n \n \n \n \n and\n \n \n \n \n \n \n 11.00\n \n \n \n \n 14.00\n \n \n \n \n 3.00\n \n \n \n \n 2.07\n \n \n \n \n \n \n SP21-02\n \n \n \n \n -60°\n \n \n \n \n no results >0.54 g/t\n \n \n \n \n \n \n SP21-03\n \n \n \n \n -50°\n \n \n \n \n 12.00\n \n \n \n \n 13.00\n \n \n \n \n 1.00\n \n \n \n \n 2.11\n \n \n \n \n \n \n and\n \n \n \n \n \n \n 19.00\n \n \n \n \n 22.00\n \n \n \n \n 3.00\n \n \n \n \n 2.92\n \n \n \n \n \n \n and\n \n \n \n \n \n \n 53.00\n \n \n \n \n 68.00\n \n \n \n \n 15.00\n \n \n \n \n 2.3...

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