Spruce Ridge Drills Lead-Zinc Prospect in Western Newfoundland

    NORFOLK COUNTY, ON, Sept. 20 /CNW/ - Spruce Ridge Resources Ltd.
(SHL:TSX-V) is pleased to report drill results on the Company's lead-zinc
prospect in Western Newfoundland. The Company drilled two vertical holes
100 metres apart totalling 119.5 metres. DDH TR-01 cut a mineralized zone from
3.48 metres to 16.08 metres with an average of 3.65% Pb and 0.19% Zn over
12.6 metres, including 7.19% Pb and 0.39% Zn over 5.80 metres. Mineralization
in hole TR-02 extended from 1.02 metres to 14.82 metres, averaging 1.47% Pb
over 13.8 metres, including 4.12% Pb over 2.10 metres.
    The Company has completed line cutting over this area and a gravity
survey will begin shortly to identify additional drilling targets.

    Assays quoted in this news release were performed by Accurassay
Laboratories of Thunder Bay, Ontario using ICP techniques. Technical
information in this news release has been prepared and/or reviewed by Colin
Bowdidge, Ph.D., P.Geo., a director of the Company and a Qualified Person as
defined in NI43-101.

    About Spruce Ridge Resources Ltd.

    Spruce Ridge Resources Ltd. is a mineral exploration company focused on
the acquisition, exploration, and development of mineral resources, primarily
uranium. The Company has two prospective uranium properties in Western
Newfoundland, Canada: (i) the Deer Lake uranium property in the Deer Lake
Basin and (ii) the Turner's Ridge uranium, lead and gold property
approximately 30 kilometres to the north. The Company also has two prospective
gold properties in Northern Ontario at Spruce Hull Lake and Nora Lake.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.

For further information:

For further information: John Ryan, President & CEO, Spruce Ridge
Resources Ltd., Phone: (519) 428-5327, Email: spruceridge@sympatico.ca; Kelly
Cody, Account Manager, CHF Investor Relations, Phone: (416) 868-1079 ext. 223,
Email: kelly@chfir.com

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