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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

Spearmint Resources Inc
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Post by knoxton Feb 01, 2021 7:04am
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Post# 32434288

News

News
 
- Click icon to view Analyst Opinions.   - Target Price or Analyst Rating was updated in the last 24 hrs.     
RETRANSMISSION: Spearmint Engages McClelland Laboratories, Inc. for Metallurgy on the Clayton Valley Lithium Clay Project in Nevada

 

01 Feb 202103:02 ET  

Newsfile Corp

 

Vancouver, British Columbia--(Newsfile Corp. - February 1, 2021) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company) is pleased to announce that the Company has engaged McClelland Laboratories Inc. of Sparks, Nevada for the planned metallurgy on the lithium hosted claystone drilled on Spearmint's property. Once the final 5 holes are received the samples will be sent for testing.

James Nelson, President of Spearmint states, "The metallurgy testing will be the next step towards a planned resource calculation and may guide the company in the right direction for optimal utilization and lower-cost recovery of lithium hosted within the claystone. Elon Musk stated at his battery day in September 2020, they are exploring an "acid-free saline extraction" lithium production process development for sedimentary clays in Nevada. We have seen how multiple processes have given positive indications on Spearmint's bordering properties and we plan to utilize all this data to streamline our testing. Spearmint is in the best financial shape in the company's history, and with the pending results coming, we are very excited about the month of February. We expect to receive the results from the pending 5 drill-holes any day now, at a time when the lithium price is starting to feel upward demand pressure and the electric vehicle (EV) growth is seeing exponential expansion."

 

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