Spruce Ridge Resources (TSE:SHL) has released an update.
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Spruce Ridge Resources Ltd. is set to expand its portfolio with the strategic acquisition of the Shamrock Nickel Property in Oregon, featuring promising nickel and copper grades over 1.0%. The property, historically prospected but not explored since the 1950s, includes 40 unpatented lode claims with potential for significant platinum group metals. The acquisition deal includes share transfers, a cash payment, and a net smelter returns royalty to Northwest Nickel Corp.
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