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Spearmint (CSE:SPMT) discovers multiple anomalies on its Perron-East Gold Project in Québec

Mining
CSE:SPMT
12 April 2021 15:00 (EDT)

Spearmint Resources (SPMT) multiple soil anomalies have been discovered on the 100-percent owned Perron-East gold project in Québec.

Immediate plans are now being formulated for an Induced Polarization (IP) survey over these anomalies with the expectation for a summer drill program once the highest priority drill targets are defined.

The metallurgy from the Clayton Valley lithium clay project in Nevada, where Spearmint discovered lithium in 10 out of 10 drill holes, is now expected in 2-3 weeks from today, with the potential maiden resource calculation to follow that.

James Nelson, President of Spearmint Resources, stated,

“This project is situated in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd. who are both undertaking significant drill programs currently utilizing the same geological team as Spearmint.

We have multiple upcoming catalysts, but we are in the best financial shape in the company’s history. We are very optimistic about the next few months in terms of Spearmint’s most transformational periods”

Spearmint’s current projects include the ‘Clayton Valley Lithium Prospects’ in Nevada, comprised of two claim blocks totalling 1,160 acres bordering Pure Energy Minerals & Cypress Development Corp.

This is where Spearmint’s drill results have intersected Lithium values as high as 1,840 ppm Li.

Spearmint Resources (SPMT) is up 7.14 per cent and is trading at C$0.15 per share at 1:53 pm ET.

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