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Spruce Ridge Resources Begins Diamond Drilling Epithermal Gold Deposit Target at Fletcher Junction, Nevada
(via Thenewswire.ca) Norfolk County , Ontario - April 10, 2013 - Spruce Ridge Resources Ltd...
About this update from Homeland Nickel Inc
[{"type":"text","content":"\nSpruce Ridge Resources Begins Diamond Drilling Epithermal Gold Deposit Target at Fletcher Junction, Nevada\n\n(via Thenewswire.ca)\n\n \nNorfolk 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.\n\n \n \nGeochemical analyses from the first hole of the current program (FJ14) indicated anomalous to highly anomalous values in silver, arsenic, antimony, mercury, and molybdenum, all of which are considered to be pathfinder elements that point to active gold-bearing hydrothermal systems. Both the alteration and the geochemical anomalies are of the type that are typically found within a few hundred metres of numerous epithermal gold deposits located in the adjacent region and elsewhere in Nevada, like Aurora, Bodie, Comstock, Sleeper and Midas. The target is defined by a zone of low resistivity detected by inversion of VTEM(R) airborne survey data, as well as by a linear cluster of anomalous gold contents in groundwater samples from natural springs and previous reverse-circulation drill holes.\n\n \n \nFor additional information about the Fletcher Junction Project, the results to date and the continuing drilling program please visit: \n\n \n \nhttp://www.nevadaexploration.com/investor_info/presentations/\n\n \n \nTechnical information in this news release has been prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo.,\n\n\n \na Qualified Person as defined in NI 43-101 and a director of the company.\n\n \n \nAbout Spruce Ridge Resources \n\n \n \nSpruce Ridge Resources is focused on exploring the Fletcher Junction gold property in Nevada and the Kramer gold property in western Newfoundland. It has the Nora Lake gold property in the Beardmore-Geraldton greenstone belt of northwestern Ontario. It also has a 50% joint venture with US Silver and Gold Inc. on the tailings from the Drumlummon Mine in Montana which contains low grade gold and silver.\n\n \n \nFor further information please contact John Ry...