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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

Post by ErinBrockovichon Feb 05, 2021 9:34am
240 Views
Post# 32482470

New Lithium Holes

New Lithium HolesAverage grade is important. Here, we have a mixed bag of results. Some reasonably high intercepts. But average grade is king. The average grades are not as good as some claims in the area, but they are good, overall. This will be enough to generate considerable excitment.

I'd expect the stock price to spike upwards. It will be telling if you hang onto gains this time. More exploration is needed to expand this resource. And spend the money on a 43-101.

I bet management will slowly drop some of those bogus silver/gold claims. Closeology isn't going to help much, I think.  

Hope you are in the clay, pony boy, its going to be a good time for you to trott around.   

Good luck, all. Some of you are going to be in the money today. 

Hole #11 hitting a high of 1490 parts per million lithium (ppm Li) within 235 feet averaging 817 ppm Li, including 110 feet averaging 1020 ppm Li starting at 20 feet from surface.

Hole #12 hit a high of 1370 ppm Li within 105 feet averaging 1042 ppm Li, starting at 10 feet from surface. Hole #10 had a high of 1360 ppm Li.

Hole #13 hit a high of 1320 ppm Li within 200 feet averaging 845 ppm Li, including 70 feet averaging 1026 ppm Li starting at 5 feet from surface.

Hole #14 hit a high of 1730 ppm Li within 225 feet averaging 900 ppm Li, including 55 feet averaging 1046 ppm Li starting at 15 feet from surface.
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