About The Project
Spearmint Resources Inc. is pleased to announce that it has acquired the Carscallen West Project in Ontario consisting of approximately 2,500 contiguous acres. This new project is prospective for gold located in the Abitibi Greenstone belt and in the direct vicinity of the town of Timmins and to Melkior Resources Inc. (MKR-TSX.v) and Pan American Silver (PAAS-NASDAQ,TSX).
During the past 100 years, the Timmins area has produced over 70 million ounces of gold, making it one of the richest gold camps in Canada. Timmins is also home to Kidd Creek, one of the largest VMS ore deposits in the world.
James Nelson, President of Spearmint, stated “We are pleased to add this new gold project to our robust portfolio of projects. Recently, Melkior Resources Inc. drilled six meters of 25.7 g/t Au at Carscallen (May 7, 2020) and we are pleased to acquire this new land package in the direct vicinity of Melkior. We have also expanded our cesium project and anticipate having a very active summer with multiple projects expected to commence operations.”