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Thank you for your interest in Spearmint Resources Inc.
(SRJ - TSX .V, SPMTF – USA, A2AHL5 – Frankfurt)
Spearmint Resources is a Canadian junior resource exploration company dedicated to the aggressive pursuit of world class mineral deposits. The company is focused on assembling a portfolio of low risk, high reward properties at the exploration stage and developing them so as to maximize shareholder value. Several upcoming project milestones make this an exciting time period for Spearmint’s corporate growth potential.
Spearmint Resources Inc. has acquired a 100-per-cent interest in four separate vanadium prospects, the "Chibougamau Vanadium Prospects", all located in the direct vicinity of Lac Chibougamau, Quebec. These four separate vanadium prospects comprise 50 separate claims totalling approximately 6,850 acres (2,775 hectares). The four separate vanadium prospects are all located in the direct vicinity of the vanadium deposit of BlackRock Metals. These new properties border BlackRock Metals' (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc.'s Lac Dore vanadium project and Vanadium One Energy Corp.'s Mont Sorcier vanadium project. This new block of claims puts Spearmint in the heart of the expanding Chibougamau mining district's vanadium circle. Vanadium has garnered significant market attention recently as the use of vanadium in battery storage is gaining momentum and we are very pleased to be able to acquire a significant footprint in one of Canada's best-known vanadium districts."
Spearmint Resources Inc. has acquired three separate claim blocks comprising 1,245 acres that make up the "Gold Mountain" gold project near the town of Wells, B.C. Two of these claim blocks are completely surrounded by Barkerville Gold Mines Ltd. The other claim block borders Barkerville Gold Mines. According to a news release dated April 17, 2017, Barkerville announced some of its "best intercepts to date of 19.2 grams per tonne gold Au over 54.4 metres, including 32.06 grams per tonne Au over 30.7 metres" near the town of Wells, B.C.
Spearmint's Whabouchi Lakes lithium properties are located in the James Bay area of the province of Quebec, approximately 40 kilometres east of the community of Nemaska, 228 kilometres north-northwest of the Chibougamau municipality and in the immediate vicinity of the Whabouchi deposit of Nemaska Lithium Inc. They include 24 claims that total approximately 12.79 square kilometres over two claim sets. Also located in Quebec is Spearmint's Preissac lithium property which is situated in direct vicinity to multiple lithium showings. Management is currently formulating work programs to begin shortly.
Spearmint has also recently acquired a 100-per-cent interest in 53 unpatented mineral claims located in the Clayton Valley of Nevada that are prospective for lithium known as the Elon property and the McGee property which cover an aggregate area of 1,420 acres.
As you can see Spearmint is well positioned to potentially have significant corporate growth in the short and long term.