In a remote corner of Northwestern British Columbia lies some of the world’s most significant mineral potential.
And while geologists had determined that billions of dollars of gold, silver, and copper lie beneath the soil and rock of this relatively unexplored region, the area remained mostly inaccessible to large-scale mining operations. But the hidden gem remains hidden no more. This is BC’s Golden Triangle.
Investors take note – as one of the largest diversified land holders in the Golden Triangle, Spearmint Resources Inc. (CSE: SPMT, OTCQB: SPMTF, Forum) will be active on multiple BC properties this summer. And get this, it’s currently trading under 5 cents.
Spearmint’s President and Company Director, James Nelson, commented:
"The Golden Triangle is one of the most prolific world class mining regions in the world where Spearmint maintains a district size land position. As the 2019 work season in the Golden Triangle of BC is quickly approaching, Spearmint is about to enter a very active period of work and news flow. We are committed to increasing shareholder value and we are optimistic about the company's developments in the near and long term."
2019 work programs are currently being formulated to begin on Spearmint’s Golden Triangle Properties, including the 'Golden Triangle Gold Prospects' directly bordering GT Gold Corp’s (GTT.v) Tatogga project which was the area of impressive gold intercepts of 9.55 g/t gold over 40.9 m reported on September 4,2018, and intercepts of 430 m of 1.3 g/t AuEq at Saddle announced on September 10, 2018. GT Gold has recently announced a 10,000 metre drill program for the 2019 work season which is poised to create a lot of excitement in the surrounding area.
Another prospect that Spearmint plans to be active on this summer is the 'Henry' Gold-Copper Prospect, comprised of two contiguous claim blocks totaling 4,912 acres in the direct vicinity of Golden Ridge Resources Ltd. (GLDN.v) who’s stock price has begun to appreciate in recent months.
Spearmint is also optimistic about what its 2019 work programs may achieve on the 'NEBA' Gold-Copper Prospects directly bordering Aben Resources Ltd. (ABN.v). Spearmint’s NEBA prospects are the closest of any company to Aben’s Forrest Kerr discovery where on August 9, 2018, Aben announced significant drill results over an interval of 38.7 g/t gold over 10.0 m.
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On April 1, 2019 Canadian junior resource exploration company Spearmint Resources Inc. acquired a gold, copper, and nickel claim block in the Golden Triangle increasing the size of Spearmint’s 'El North' claims package to 17,593 acres directly bordering Garibaldi Resources Corp’s (GGI.v) deposit-rich Nickel Mountain and Grizzly Projects.
Garibaldi announced on September 1, 2017 that they “intersected two long intervals of nickel-copper sulphide mineralization totalling 176 meters and consisting of pyrrhotite-pentlandite-chalcop yrite in the first drill hole…”
Massive magmatic nickel-copper-rich sulphide deposits are a rare breed. Given that the battery metals ‘arms race’ is only going to increase, these minerals are more valuable than ever.
And Spearmint will be basically exploring in Garibaldi’s backyard.
Other Work Programs To Begin
On June 10, 2019 Spearmint announced that it
plans to begin a work program this summer on its 5,140 acres Hammernose Gold Prospect directly bordering the strategic alliance between Westhaven Ventures Inc. (WHN.v) and Sable Resource Ltd. (SAE.v) in the Spences Bridge Gold Belt (SBGB) located in Southern BC.
On October 2, 2018, Westhaven released
high-grade drill results at its Shovelnose project intersecting 1.65 metres of 175 grams per tonne gold and 249 g/t silver, and recognition of visible gold in five drill holes. On October 31, 2018, Westhaven reported
high-grade drill results of 46.20 metres (m) of 8.95 g/t gold (Au) and 65.47 g/t silver (Ag), including 5.00m of 14.70 g/t Au and 215.00 g/t Ag at Shovelnose.
Once again, these nearby high-grade ore sample drill results appear to bode well for the Hammernose Gold Prospect.
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Spearmint’s Battery Metals Projects
Spearmint's other current projects outside of BC include the
Chibougamau Vanadium Prospects comprising of 17,142 contiguous acres bordering the vanadium deposit of BlackRock Metal's private Ilmenite vanadium project and Vanadium One Energy Corp. and Spearmint's 'Clayton Valley Lithium Prospects' in Nevada comprising of two claim blocks totaling 1,160 acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v) where Spearmint's drill results have intersected lithium (Li) values as high as 1,670 ppm Li.
In Conclusion
For investors looking for value and opportunity in an undervalued metals and mining marketplace, the approaching work season in the Golden Triangle of BC provides opportune timing. Spearmint Resources Inc. is one of the most diversified companies in the golden triangle and will be active on least 5 separate projects in BC this summer, making Spearmint the junior explorer to watch in 2019.
FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.