Spruce Ridge Resources (TSE:SHL) has released an update.
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Homeland Nickel Inc. is actively progressing with exploration activities on their nickel properties in southern Oregon, including the Cleopatra and Red Flat Properties, which boast significant nickel resources. The company has recently conducted site visits and is in the process of obtaining permits for sonic drilling to assess the nickel laterite’s thickness and vertical extent. These efforts aim to further explore and potentially develop their nickel laterite resources, which have historical estimates of over 1 billion pounds of contained nickel.
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