Bullboard - Stock Discussion Forum 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... see more

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CSE:SPMT - Post Discussion

Spearmint Resources Inc > Hammernose = Fools Gold

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Post by ErinBrockovich on Dec 08, 2020 5:35am

Hammernose = Fools Gold

Just a little over 0.1 g/t Au is too funny. Can't believe they reported this. They sat on these poor gold results for a long time for a reason. SPMT management knows that such poor grades tell the market they have no resource. This confirms what we already know. This company continues to explore moose pastures. The great grift continues, unabated.

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Comment by ErinBrockovich on Dec 08, 2020 5:47am

SPMT hammernose has me in stitches. Not even viable for OPEN PIT mining. A bit over 0.1 g/t Au. Really? Is this a joke? According to the World Gold Council, larger and better-quality underground mines contain around 8 to 10 g/t gold, while marginal underground mines average around 4 to 6 g/t gold. Open-pit mines usually range from 1 to 4 g/t gold, but can still be highly valuable.

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