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Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canadian junior resource exploration company. The Company's principal business activities include acquiring and exploring exploration and evaluation assets. The Company's Clayton Ridge project in Clayton Valley, Nevada, is comprised of 12 contiguous claims totaling approximately 248 acres. The Company 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 100-per-cent-owned Perron-East Gold Project consists of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec.


CSE:SPMT - Post by User

Bullboard Posts
Post by Murphymouseon May 01, 2020 2:39pm
203 Views
Post# 30977209

Jason just keeps adding near properties to the collection

Jason just keeps adding near properties to the collectionAny one could make this double digits.  

Johnathan More, Chairman of Power Metals, states "Our shift in focus to our Cesium assets has created a tremendous range of options for the Company while the Lithium market has been in a down turn. Cesium is an extremely rare and extremely valuable commodity and we have been educating ourselves and our shareholders about its real value. There is a global shortage of this rare metal and we are very lucky to have found it at our 100% owned Case Lake Property with grades as high as 14.7 % Cs(2) O."
Cesium is incredibly valuable as there are only three cesium mines in the world and Power Metals owns three of the five cesium occurrences in the province of Ontario: The Company's 100% owned West Joe, and optioned Tot Lake and Marko's pegmatites. Power Metals' West Joe Dyke at Case Lake was discovered in August 2018 at the end of a drill program. The 2018 drill program intersected high grade cesium mineralization in six drill holes at West Joe: PWM-18-111, 112, 116, 123, 124 and 126 with up to 14.70 % Cs(2) O over 1.0 m in drill hole PWM-18-126. The 2018 drill program was targeting lithium mineralization and Power Metals was excited when the cesium mineralization was also intersected in the same drill holes.
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