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Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canadian junior resource exploration company. Its business activities include acquiring and exploring exploration and evaluation assets. Its Clayton Ridge project in Clayton Valley, Nevada, is comprised of 12 contiguous claims totaling approximately 248 acres. It has three separate claim blocks in Nevada that are prospective for lithium known as the 1,136-acre McGee Lithium Clay Project, the 124-acre Green Clay Lithium Project, and the 280-acre Elon Lithium Brine Project, covering an aggregate area of 1,540 acres. Its 3,015-acre Chibougamau project is composed of four separate claim blocks and is located in the direct vicinity of Lac Chibougamau, Quebec, Canada. Its Perron-East Gold Project consists of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec. It also operates George Lake South Antimony Project in New Brunswick, Canada and consists of 1,945 contiguous acres prospective for antimony.


CSE:SPMT - Post by User

Bullboard Posts
Post by allyboyson May 31, 2017 10:15am
77 Views
Post# 26305333

Drilling

Drilling
SRJ stated in the report now on sedar that Pure Energy's R8 reflector zone is 600 to 700 feet below surface (aquifer). SRJ must believe as per MD and A - both ( I do not understand the sedar sstatement -both targets) targets can easily be tested on SRJ's property - otherwise one would feel they would option the property. I learnt something last week when I telephoned SRJ. I was informed that the lithium plays will do great in the Clayton Valley if PE's - PEA is good. I was thinking a little differently that is - if PE's - PEA is lower then expected then there is more of a need for PE to option SRJ property given the range of work that was completed by PE and SRJ. Does any one under stand SRJ thinking on this matter? My thinking is PE would do a better job drilling because they would probably go down 2400 feet to locate the deeper higher grade Brine that would greatly increase PE's mine building stance.
Bullboard Posts