NEWS OUT TODAY Spearmint increases Hammernose to 5,910 acres
2019-07-23 07:21 ET - News Release
Mr. James Nelson reports
SPEARMINT INCREASES ACREAGE OF THE HAMMERNOSE PROSPECT IN BC AFTER ENCOUNTERING POSITIVE GOLD AND COPPER INDICATORS
After receiving positive gold and copper indicators from a recently completed work program announced in a news release on July 18, 2019, Spearmint Resources Inc. has decided to immediately increase the size of the Hammernose gold prospect which now totals 5,910 acres directly bordering the strategic alliance between Westhaven Resources Inc. and Sable Resource Ltd. in the Spences Bridge gold belt (SBGB) located in Southern British Columbia, Canada.
James Nelson, President of Spearmint stated, "In light of receiving positive data from our sampling program on our Hammernose Prospect in BC, we immediately wanted to expand our land position in this exciting gold and copper district. With gold prices showing multi-year strength, and the increased market attention and focus on gold throughout several districts in BC, Spearmint is well positioned to capitalize on a very active summer work season ahead."
Recent exploration success by Westhaven Ventures Inc. on their Shovelnose property, located south of the Hammernose property has sparked ongoing exploration interest in this general area. The northern boundary of the Shovelnose property is located 1.5 kilometres south of the southern boundary of the Hammernose tenure, with the main exploration focus by Westhaven being carried out on the "South Zone" The South Zone, is located approximately 7.4 kilometers south of the southern boundary of the Hammernose property.
Westhaven completed 3,031 metres (m) of diamond drilling in eight holes this past winter at Shovelnose. That program continued to return bonanza gold grades, including the best hole ever drilled on the property (SN19-01: 12.66m of 39.31 g/t gold and 133.11 g/t Ag) and confirmed the potential for mineralization in the south fault block with the successful intersection of a gold mineralized vein zone in SN19-07.
About Spearmint Resources
Spearmint's current projects include a portfolio of prospects in the Golden Triangle of British Columbia; the 'Golden Triangle Gold Prospects' comprising of six claims consisting of 9,157 acres bordering GT Gold Corp, the 920 acre 'NEBA West' & 6,803 acre 'NEBA' Gold-Copper Prospects bordering Aben Resources Ltd, the 'Henry' Gold-Copper Prospect comprised of two contiguous claim blocks totaling 4,912 acres in the direct vicinity of Golden Ridge Resources Ltd., and the 17,593 acre 'EL North' Nickel-Copper Prospect consisting of six contiguous claims in the Eskay Creek Camp bordering Garibaldi Resources Corp as well as the recent acquisition, the 4,980 acre 'Prickle' property bordering Brixton Metals Corp.
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