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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

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Post by Oilseeker01on Oct 15, 2020 3:23am
208 Views
Post# 31719478

Spearmint Rushes Assays Encountering Visual Clay

Spearmint Rushes Assays Encountering Visual Clay

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2020) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company") is pleased to announce that each of the first three completed drill holes of the ongoing 2020 multi-hole drill program on its Clayton Valley lithium clay project (the "Project") have encountered visual clay, including intercepts of between 175-200 feet of targeted clay formation in each hole. Samples form the first three drill holes have been immediately sent for assaying on a rush basis. Spearmint continues to drill the remainder of its multi-hole drill program directly bordering Cypress Development Corp. (see picture and map). Recently (Aug. 11, 2020) Cypress reported a 55% increase in their lithium mineral resource for total measured plus indicated resource estimates of 929.6 million tonnes averaging 1,062 ppm Li or 5.2 million tonnes LCE. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company's properties.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/4360/65986_becbde4804f6eabb_002.jpg

Image 1: Visual clay from Spearmint's 2020 drill program.

To view an enhanced version of Image 1, please visit:
https://orders.newsfilecorp.com/files/4360/65986_becbde4804f6eabb_002full.jpg


Y
ear of the Profit,  Oilseeker

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