Spruce Ridge Resources (TSE:SHL) has released an update.
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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