Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - Spearmint Resources (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) has engaged Ridgeline Exploration Services for a planned work program on its recently acquired 'Goose' Gold Project. The 100% owned 'Goose' gold project consists of 185 acres directly bordering New Found Gold's Queensway Gold Project approximately 1,000 meters from New Found Gold's recent drill intercept of 92.9 grams per tonne gold over 19 meters, which was one of the best drill intercepts globally in 2020. The Trans-Canada Highway runs just south of the 'Goose' Project providing year-round access.
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New Found Gold recently announced the start of a 100,000-meter drill program on its Queensway project. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the company's properties.
James Nelson, President, stated: "We are excited to have engaged Ridgeline for our planned phase one work program on this highly prospective gold project in Newfoundland directly bordering the recent discovery by New Found Gold. The fact that New Found Gold has just commenced a 100,000-meter drill program to build upon its world class discovery demonstrates the tremendous potential of the Central Newfoundland Gold Belt. Spearmint is well-funded and plans to be underway with work programs on multiple projects shortly including the Perron-East Gold project in Quebec as well as a drill program on our Clayton Valley lithium project in Nevada. We are also expecting to receive results from the BC Hammernose Gold Project work program in the coming weeks. Spearmint will be very active in September."
The company's 'Clayton Valley Lithium Prospects' in Nevada comprise two claim blocks totaling 1,160 acres bordering Pure Energy Minerals & Cypress Development Corp. where Spearmint's drill results have intersected Lithium values as high as 1,670 parts per million.
Spearmint's current projects also include a portfolio of prospects in the Golden Triangle of British Columbia. The company has 5 separate claims blocks with 8,265 acres bordering GT Gold Corp, the 6,805 acre 'NEBA' Gold-Copper Prospects bordering Aben Resources Ltd, and the 1,053-acre 'EL North' Nickel-Copper Prospect in the Eskay Creek Camp bordering Garibaldi Resources Corp, as well as the recent acquisition of the 4,980 acre 'Prickle' property bordering Brixton Metals Corp.
The company's 'Hammernose' Gold Prospect consists of 8,685 acres directly bordering Westhaven Gold Corp.'s Shovelnose Property in the Spences Bridge Gold Belt located in Southern British Columbia.
For more information about the company's extensive portfolio of properties, including gold, lithium, platinum, palladium, copper, nickel, vanadium and cesium, please visit www.SpearmintResources.ca, contact James Nelson, President, at 604-646-6903 or email info@spearmintresources.ca.
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