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Spearmint Resources Increases Acreage of Hammernose Gold Project in the Spences Bridge Gold Belt of BC
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2020) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: SQH) (WKN: A2AHL5) (the "Company")
About this update from Adelayde Exploration Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 10, 2020) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: SQH) (WKN: A2AHL5) (the \"Company\") is pleased to announce that it has increased its acreage on the 'Hammernose' Gold Project, which now consists of 8,685 acres directly bordering Westhaven Resources Inc.'s Shovelnose Gold Property, in the Spences Bridge Gold Belt (SBGB) located in Southern British Columbia, Canada. The Hammernose Gold Project is situated off a major highway, in close proximity to power, rail, large producing mines, and within commuting distance from the city of Merritt. Yesterday, on July 9, 2020, Westhaven announced drill results that returned 34.00 metres (m) of 1.21 g/t gold (Au) and 3.68 g/t silver (Ag), including: 1.00m of 15.70 g/t Au and 77.50 g/t Ag within 200m of surface at Shovelnose. 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 of Spearmint, stated, \"We are very pleased to be able to significantly increase our landholdings directly bordering the discovery made by Westhaven Resources Inc. With the recent appreciation in the price of gold and a reenergized junior mining sector, management is optimistic regarding 2020 and plan to be active throughout the rest of the summer.\" Spearmint Resources Inc. also previously announced (June 19, 2020) that the Company is formulating plans for lithium in Nevada. Spearmint has two separate claim blocks in Nevada that are prospective for lithium known as the Elon property (Brine) and the McGee property (Clay) which cover an aggregate area of 1,160 acres. Exploration drilling had been completed (announced April 17, 2018) on its Clayton Valley Lithium Projects (McGee property) and has intersected lithium as high as 1,670 ppm Li Mr. Greg Thomson, P.Geo., a director of Spearmint and a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release. This new acreage was acquired via Mtonline. About Spearmint Resources Spearmint's current projects include the 'Clayton Valley Lithium Prospects' in Nevada comprising of two claim blocks totaling 1,160 acres bordering Pure Energy Minerals &a...