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Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canada-based junior resource exploration company. The Company’s primary projects include four projects in Clayton Valley, Nevada, such as the McGee lithium clay deposit, the Elon lithium brine project, Green Clay lithium project, and the Clayton Ridge project. Its other primary projects include the Perron-East gold project consisting of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of Northwestern Quebec in the direct vicinity of Amex Exploration Inc.'s Perron property and past-producing Normetal mine. It has three separate claim blocks in Nevada that are prospective for lithium known as the 880-acre McGee Lithium Clay Deposit. The Green Clay lithium project consists of 97 contiguous claims totaling approximately 2,000 acres, and the Clayton Ridge project consists of 35 contiguous claims totaling approximately 721 acres. Its Chibougamau vanadium project is located in the direct vicinity of Lac Chibougamau, Quebec.


CSE:SPMT - Post by User

Comment by ark88on Jul 15, 2020 11:39am
67 Views
Post# 31270829

RE:Bad post

RE:Bad postLike I said, there are many companies that have the same business model as SPMT.
I can personally speak to a similar situation with Durango Resources with claims in the Windfall Lake in Quebec where Osisko is creating a world class deposit. Durango does exactly the same, picks up claims in hot area and hope somebody comes knocking.

Well, that's exactly what happened in early 2017. Was it a home run? no but the SP when from few pennies to high teens. Could it happen with SPMT? absolutely. The part I like with SPMT is the $500k+ that they can raise thru the exercise of options/warrants. Deploying that money can put SPMT in the drivers seat. Worth the few thousand to see what happens. GLTA

https://stockhouse.com/news/press-releases/2017/02/24/durango-receives-offers-on-windfall-gold-camp-property
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