LATEST NEWS RELEASE Spearmint acquires Perron-East prospects
2019-09-26 06:41 ET - News Release
Mr. James Nelson reports
SPEARMINT ACQUIRES THE PERRON-EAST GOLD PROSPECTS IN QUEBEC
Spearmint Resources Inc. has acquired the Perron-East gold prospects consisting of four mineral claim blocks covering 2,862 acres located in the Abitibi greenstone belt of northwestern Quebec. These new claims are situated in the direct vicinity of Amex Exploration Inc.'s Perron property and past-producing Normetal mine, and one claim block is directly bordering Osisko Metals Inc. The newly acquired Perron-East gold property covers prospective ground for orogenic gold and polymetallic VMS-(volcanogenic massive sulphide)-style mineralization in a region well known for its gold occurrences and historical production.
James Nelson, president of Spearmint, stated: "The acquisition of the Perron-East property is an exciting addition to the Spearmint portfolio. Amex Exploration's Perron property has recently experienced substantial drilling success and has identified what appears to be a new high-grade gold district. We are pleased to now have a footprint in this expanding gold region in Quebec, at a time when we look forward to results from Spearmint's ongoing work program in B.C. Management is currently formulating plans for this new prospect."
On May 21 and June 3, 2019, Amex Exploration announced significant drill results from its Perron property, which include 32.2 grams per tonne gold over 5.90 m and 30.98 g/t Au over 8.50 m. The Perron property is in proximity to the past-producing Normetal mine, from which approximately 10.1 million tonnes grading 2.24 per cent copper, 5.41 per cent zinc, 0.526 g/t gold and 44.45 g/t silver were extracted periodically between 1937 and 1975, with development down to a depth of approximately 2.4 kilometres (SIGEOM -- Mine Normetal). Furthermore, on July 30 and Sept. 19, 2019, Amex Exploration Inc. announced additional significant drill results from Perron including 27.46 g/t Au over 4.9 m and 16.48 g/t Au over 14.6 m.
About Spearmint Resources Inc.
Spearmint's current projects include a portfolio of prospects in the Golden Triangle of British Columbia; the Golden Triangle gold prospects comprising 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 comprising two contiguous claim blocks totalling 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.
The technical contents of this release were approved by Greg Thomson, PGeo, a qualified person as defined by National Instrument 43-101.
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