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Spruce Ridge Resources Announces the Start of Field Preparations for Phase 1 Drilling at the Crawford Property in Northern Onratio
WELLINGTON COUNTY, ON / ACCESSWIRE / November 8, 2018 / Spruce Ridge Resources Limited (TSXV...
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[{"type":"text","content":"Spruce Ridge Resources Announces the Start of Field Preparations for Phase 1 Drilling at the Crawford Property in Northern OnratioWELLINGTON COUNTY, ON / ACCESSWIRE / November 8, 2018 / Spruce Ridge Resources Limited (TSXV: SHL) (\"Spruce Ridge\") 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. Drilling is planned to start immediately.Spruce Ridge's option agreement on the Crawford project was reported in a news release of May 8th, 2018, and the participation of the private investor group was reported in a news release of September 27th, 2018.The primary target of the Crawford drilling program is an ultramafic and mafic intrusive complex which covers an area of approximately 3.5 by 2.0 kilometres, estimated from recently completed airborne geophysical surveys. An airborne gravity survey using the Falcon system was recently carried out by Noble Minerals Inc., the Optionor of the Crawford property. A helicopter-borne electromagnetic and magnetic survey also covered the area.The presence of ultramafic and mafic intrusive rocks is confirmed by limited diamond drilling performed in the 1960s. Ultramafic-mafic complexes are favourable sites for nickel ± copper ± cobalt ± platinum-group elements (PGEs). The primary target of the upcoming drill program is a magnetic anomaly peak and closely associated 1400-metre long EM conductor. An artificial intelligence (AI) assessment of combined geological and geophysical data confirmed the favourable interpretation of the ultramafic-mafic intrusive complex as a target for nickel mineralization, as well as highlighting VMS-type targets elsewhere on the Crawford property (see news release of July 16th, 2018).The Crawford property is crossed from south to north by provincial highway 655. The target area is 42 kilometres by road from the centre of Timmins, and it is 17 kilometres north of the Kidd Creek zinc-copper-silver mine, which has been in continuous operation for 50 years, producing in excess of 100 million tonnes of ore, making it one of the largest VMS mines in Canada and in the world. The Timmins mining camp h...