Consists of 8,685 contiguous acres directly bordering Westhaven Gold Corp.’s (WHN.V) Shovelnose Gold Property in the Spences Bridge gold belt (SBGB) located in Southern British Columbia, Canada. Results from a sampling survey announced by Spearmint on July 18, 2019 returned assay values as high as 94 ppb Au (gold) and 391 ppm Cu (copper) on the Hammernose Project. On December 8, 2020 Spearmint announced sampling results from its phase II work program on the ‘Hammernose’ Gold Project that included several samples returning anomalous gold values with a high value of 132 ppb Au (gold).
On October 2, 2018, Westhaven released high-grade drill results at its Shovelnose project intersecting 1.65 metres of 175 grams per tonne gold and 249 g/t silver, and recognition of visible gold in five drill holes. On Oct. 31, 2018, Westhaven reported high-grade drill results of 46.20 metres (m) of 8.95 g/t gold (Au) and 65.47 g/t silver (Ag), including 5.00m of 14.70 g/t Au and 215.00 g/t Ag at Shovelnose. 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.
The SBGB is a 200-kilometre-long-by-30-kilometre-wide emerging low-sulphidation epithermal gold belt that is believed to be highly projective and underexplored. Interpreted to be a failed cretaceous rift basin, it is believed the belt is projective for Fruta del Norte style high-grade epithermal mineralization. It is close to major transportation routes and infrastructure allowing for cost-effective exploration. The SBGB is a 110-kilometre northwest-trending belt of intermediate to felsic volcanic rocks dominated by the Cretaceous Spences Bridge group.
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. 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 website.