Spearmint Resources Inc C.SPMT

Spearmint's direct neighbour in Newfoundland, New Found Gold

[BearBull007]

just announced massive drill results of intercepts  grading 146.2 g/t Au over 25.6m in 65m step-out to South at Keats,  Extends High-Grade Zone to 425m Down-Plunge  (Full release below).  Spearmint’s property is approximately 1 kilometre from this discovery and Spearmint has the closest property to the Keats Zone (see map).  Spearmint has just closed a placement at a significant premium to the current market price in which certain funds managed by Sprott Asset Management LP participated in.  Sprott is the one of the largest shareholders in New Found Gold.  Spearmint is fully cashed up to commence operations in Newfoundland on its Goose Gold Property with work expected to commence shortly.

https://newfoundgold.ca/news/new-found-intercepts-146-2-g-t-au-over-25-6m-in-65m-step-out-to-south-at-keats-extends-high-grade-zone-to-425m-down-plunge/

[madeinhemlo]

Very interesting.  Sprott seems rather bullish.  I hope they're on to something.  

[watchmeplz]

In the NR it states the PP was to fund drilling however sounded like the amx project but maybe was including the nfg one. I doubt sprott would allow them to state drilling gonna happen and then not drill something. Just from the hype of upcoming statement that drills are gonna hit the ground should propel this thing to new highs. Imagine they hit? Whoa watch out! Moon alert! Really a no brainer