Spearmint Resources Inc.

  • ISIN: CA8473811005
  • Land: .

Nachricht vom 08.09.2017 | 09:01

Spearmint Renews all of its Nevada Lithium Claims

DGAP-News: Spearmint Resources Inc. / Key word(s): Miscellaneous

08.09.2017 / 09:01
The issuer is solely responsible for the content of this announcement.


Vancouver, British Columbia--(Newsfile Corp. - September 8, 2017) - Spearmint Resources Inc. (TSXV: SRJ) (OTCBB: SPMTF) (FSE: A2AHL5) ('SRJ' or the 'Company') wishes to announce Spearmint has renewed the company's 40 lithium claims in Nevada. These two claim blocks both border Pure Energy Minerals Limited's Clayton Valley lithium deposit. One block lies directly inside of Pure's Claim block and the other is on the east side of their deposit and was worked on earlier this year. The highest sample value obtained was 1,630 parts per million, with an overall average value of 843 parts per million lithium. Twenty-three of the 91 samples achieved values of over 1,000 parts per million. The samples ranged from a low of 285 parts per million to the high of 1,630 parts per million (announced March 13, 2017).

James Nelson states, 'Pure Energy is one of a few junior lithium companies that Tesla Inc. (TSLA) has signed a lithium Supply Agreement (Sept 16, 2015) with. Management feels that the two lithium projects have very strategic value as we feel the results already achieved justify further drilling. Management has also been very active to acquire multiple gold, nickel and copper prospects in the Golden Triangle of British Columbia. Management anticipates commencing operations in 2017 on multiple projects and we are very optimistic about the future growth of the company.'

Yesterday Spearmint announced that it has acquired a 100 percent interest in the 'EL North' Nickel-Copper Prospect in the world renowned Eskay Creek Mining Camp in the Golden Triangle of British Columbia. This prospect borders Garibaldi Resources Corp. Garibaldi announced on September 1, 2017 that they 'intersected two long intervals of nickel-copper sulphide mineralization totaling 176 meters and consisting of pyrrhotite-pentlandite-chalcopyrite in the first drill hole…' This new prospect consists of 1,975 contiguous acres.

Spearmint has also just recently acquired a 100-per-cent interest in four separate gold prospects located in the Golden Triangle gold district in British Columbia. These new prospects directly border GT Gold Corp's Tatogga Lake prospect.

Spearmint Resources Inc. is a Canadian junior resource exploration company dedicated to the aggressive pursuit of world class mineral deposits. Spearmint's current projects include two areas of focus on gold in British Columbia; the 'Golden Triangle Gold Prospects' comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp, and the 'Gold Mountain Prospects' comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines. Spearmint's 1,975 acre 'EL North' Nickel-Copper prospect in the Eskay Creek Camp borders Garibaldi Resources Corp. Spearmint's 'Chibougamau Vanadium Prospects' comprising of five separate claim blocks totaling 9,735-acres borders the vanadium deposit of BlackRock Metal's (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. and Vanadium One Energy Corp. Spearmint's portfolio of lithium projects include the 'Clayton Valley Lithium Prospects' in Nevada comprising of two claim blocks totaling 800-acres bordering Pure Energy Minerals, and three lithium projects in Quebec including the 4,485-acre 'Pressiac Lithium Prospect', the 524-acre 'Whabouchi Lakes Lithium Prospect', and the 2,636-acre 'Whabouchi Lakes West Lithium Prospect'.

Spearmint is currently in the process of creating location maps for our properties as well as updating the website.

If you would like to be added to Spearmint's news distribution list, please send your email address to info@spearmintresources.ca.

Frank Bain, PGeo and qualified technical person has reviewed this news release and approved the content.

Contact Information
Tel: 1604646-6903
www.spearmintresources.ca

'James Nelson'
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/28914


08.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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