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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

Post by NrthrnInvestoron Aug 28, 2020 3:15pm
195 Views
Post# 31471026

SPMT - Company Update - August 2020

SPMT - Company Update - August 2020

Thank you for your interest in SPMT - Spearmint Resources Inc.

 

There are many exciting developments coming ahead for the 
CompanyGold has recently broken out to all-time highsMany junior mining stocks have also broken out on strong volume and Spearmint will be very active on multiple projects in September.

 

In recent news, Spearmint Resources has acquired a 100% interest in the ‘Goose’ Gold Project directly bordering the discovery made by New Found Gold (NFG.v). New Found Gold had recent drill intercepts of 92.9 g/t Au over 19.0m which was one of the best drill intercepts globally in 2020. Management is currently formulating plans to immediately begin a work program on this property as we are now well funded. 
 

 

Spearmint is awaiting results from a recently completed work program on the Hammernose Gold Project directly bordering Westhaven Gold Corp.'s (WHN.v) Shovelnose Gold Property in the Spences Bridge Gold Belt located in Southern BC, Canada. In addition, work programs are planned to begin shortly on the ‘Perron-East Gold Project’ in the direct vicinity of Amex Exploration Inc. (AMX.v) who has an approximate $250 million market cap versus Spearmint which is currently  ~$7 million market cap.

 

In Nevada, Schlumberger Limited (NYSE: SLB) is currently drilling the Clayton Valley deep brine Lithium area directly bordering Spearmint's ‘Clayton Valley Lithium Prospects’ where we are planning to recommence operations to build upon previous drill results which have intersected Lithium values as high as 1670 ppm Li.

 

Management is very optimistic about the second half of 2020 and would be happy to explain the company's game plan.

 

If you would like to be added to Spearmints mailing list please send an email to info@spearmintresources.ca

 

Thank you for your time and consideration.

 

James Nelson

President

Spearmint Resources Inc.

1604-646-6903

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