- Spearmint (SPMT) achieves 83 per cent lithium extraction from preliminary metallurgical testing on its lithium clay project in Clayton Valley, Nevada
- Spearmint recently completed a 10-hole drill program that discovered lithium in every hole, achieving a 100 per cent success rate
- Preliminary results from a composite claystone sample indicate lithium extractions of 80 per cent
- Spearmint’s current projects include the ‘Clayton Valley Lithium Projects’ in Nevada comprised of two claim blocks totalling 1,160 acres
- Spearmint Resources Inc. (SPMT) is up 5.71 per cent and is trading at C$0.18 at 11:21 am ET
Spearmint Resources Inc. (SPMT) has received preliminary metallurgical testing results on its 100 per cent-owned Clayton Valley Lithium Clay Project in Nevada.
Spearmint recently completed a 10-hole drill program that discovered lithium in every hole, achieving a 100 per cent success rate, directly bordering Cypress Development Corp.
Preliminary metallurgical results from McClelland Laboratories Inc. of Sparks, Nevada indicate that high extractions can be achieved by leaching with either sulfuric acid or hydrochloric acid.
Preliminary results from a composite claystone sample indicate lithium extractions of 80 per cent with a sulfuric acid addition of 500 kg/mt and 83 per cent with a hydrochloric acid addition of 375 kg/mt.
Further testing is being planned to optimize leaching conditions.
The results from the 13-holes drilled to date on Spearmint’s ‘Clayton Valley Lithium Clay’ project, combined with the preliminary metallurgical testing results, will contribute towards Spearmint’s Technical Report and potential maiden resource calculation being prepared by Stantec Consulting Ltd.
James Nelson, President of Spearmint Resources, stated, “We are pleased to receive metallurgical extraction recovery rates at over 80 per cent. These metallurgical results will assist us in taking the next step in the process towards determining a potential resource calculation for our Clayton Valley Lithium Clay Project in Nevada.”
“We are moving forward at a rapid rate right now at a time when demand for lithium is approaching all-time highs. Management remains confident about the short and long-term future of Spearmint,” added Nelson.
Spearmint’s current projects include the ‘Clayton Valley Lithium Projects’ in Nevada comprised of two claim blocks totalling 1,160 acres directly bordering Pure Energy Minerals & Cypress Development Corp. where Spearmint has recently discovered lithium in all 10 out of 10 drill holes
Spearmint Resources Inc. (SPMT) is up 5.71 per cent and is trading at C$0.18 at 11:21 am ET.