Norfolk 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.

Geochemical 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.

For additional information about the Fletcher Junction Project, the results to date and the continuing drilling program please visit:

http://www.nevadaexploration.com/investor_info/presentations/

Technical information in this news release has been prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo.,

a Qualified Person as defined in NI 43-101 and a director of the company.

About Spruce Ridge Resources

Spruce 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.

For further information please contact John Ryan, President and CEO of Spruce Ridge Resources Ltd. at 519-428-5327 or email shiitakejr@gmail.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information, which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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