B.C Properties
The “GOLDEN TRIANGLE GOLD PROSPECTS” – Spearmint Sources Inc. has not too long ago acquired a 100-per-cent curiosity in 4 separate gold prospects totaling 4,095 acres. The Gold Triangle prospects are all positioned within the Golden Triangle gold district in British Columbia. One of many prospects is straight bordering GT Gold Corp’s (GTT.v) Tatogga Lake prospect and Colorado Sources (CXO.v). The opposite three prospects straight border GT Gold Corp’s Tatogga Lake prospect, which was the world of the spectacular gold intercepts of 13.03 grams per tonne gold over 10.67 metres. The Golden Triangle is a world-class mining district with a renewed market focus and we’re optimistic about what this area could present for Spearmint’s development technique. Spearmint is planning to provoke work packages on this mission shortly.
The “EL NORTH PROSPECT” – Spearmint Sources Inc. has acquired a 100% curiosity within the “EL North” Nickel-Copper Prospect on this planet famend Eskay Creek Mining Camp within the Golden Triangle of British Columbia. This prospect borders Garibaldi Sources Corp (GGI.v). Garibaldi introduced on September 1, 2017 that they “intersected two lengthy intervals of nickel-copper sulphide mineralization totaling 176 meters and consisting of pyrrhotite-pentlandite-chalcopyrite within the first drill gap…” This new prospect consists of 1,975 contiguous acres.
The “NEBA COPPER-GOLD PROSPECT” – Spearmint Sources Inc.has acquired a 100% curiosity within the 3,052 acre ‘NEBA’ Copper-Gold Prospect within the Golden Triangle of British Columbia. This prospect borders Aben Sources Ltd (ABN.v). Aben not too long ago introduced on September 5th, 2017 “At Boundary, large to semi-massive sulphide horizons have been encountered in affiliation with sturdy quartz carbonate veining and breccias. Sulphides inside these packages are comparatively enriched in chalcopyrite, a copper mineral that has proven a powerful correlation with gold mineralization each on the Forrest Kerr Property and in a number of localities inside the Golden Triangle…” This new prospect straight borders Aben’s Boundary zone.
The “GOLD MOUNTAIN PROSPECTS”– Spearmint Sources Inc. has acquired three separate declare blocks comprising of 1,245 acres that make up the Gold Mountain gold prospects close to the city of Wells, B.C., two of those declare blocks are utterly surrounded by Barkerville Gold Mines Ltd. (BGM.v). The opposite declare block straight borders Barkerville Gold Mines. Based on a information launch dated April 17, 2017, Barkerville introduced a few of its “finest intercepts up to now of 19.2 grams per tonne gold Au over 54.4 metres, together with 32.06 grams per tonne Au over 30.7 metres” close to the city of Wells, B.C.
Barkerville Gold has had nice success on their property on this world-class gold district and have not too long ago introduced a number of the finest intercepts reported in British Columbia this yr. If you thought-about Spearmint’s new Gold Mountain gold prospect is bordering their mission, and a number of the new claims are straight inside their property, Spearmint may be very optimistic about what this new prospect could present for Spearmint shareholders. We plan to begin operations as quickly as attainable.
Vanadium Properties
The “CHIBOUGAMAU VANADIUM PROSPECTS”– Spearmint Sources Inc. has acquired a 100-per-cent curiosity in 5 separate vanadium prospects totaling 9,735 acres, the Chibougamau vanadium prospects, all positioned within the direct neighborhood of Lac Chibougamau, Quebec. These new properties border BlackRock Metals’ (personal) Ilmenite vanadium mission, Vanadiumcorp Useful resource Inc.’s (VRB.v) Lac Dore vanadium mission and Vanadium One Vitality Corp.’s (VONE.v) Mont Sorcier vanadium mission. This new block of claims places Spearmint within the coronary heart of the increasing Chibougamau mining district’s vanadium circle. Vanadium has garnered vital market consideration not too long ago as the usage of vanadium in battery storage is gaining momentum and Spearmint may be very happy to have the ability to purchase a big footprint in certainly one of Canada’s best-known vanadium districts.
Lithium Properties
The “CLAYTON VALLEY LITHIUM PROSPECTS”– Spearmint Sources Inc. has acquired two separate declare blocks in Nevada which are potential for lithium often known as the Elon property and the McGee property which cowl an mixture space of 800 acres. These two separate declare blocks border Pure Vitality Minerals’ (PE.v) Clayton Valley mission and Cypress Growth Corp’s (CYP.v) property. Pure Vitality is in the one identified lithium-bearing brine in North America that’s in manufacturing and Spearmint may be very happy to be on this space. Historic and current drill packages in adjoining and close by properties are suggestive of the potential for the invention of lithium-bearing brines.
Of the 91 samples collected through the section 1 work program, and submitted to ALS Minerals in Vancouver, B.C., The very best pattern worth obtained was 1,630 elements per million, with an general common worth of 843 elements per million lithium. Twenty-three of the 91 samples achieved values of over 1,000 elements per million. The samples ranged from a low of 285 elements per million to the excessive of 1,630 elements per million. Spearmint Sources is presently awaiting approval of the discover of intent submitted to the Bureau of Land Administration’s workplace in Tonopah, Nev., the approval of which is required earlier than drilling actions could begin.
President James Nelson, acknowledged, “We’re more than happy that the outcomes verified what we have been hoping to search out on the Clayton Valley prospect. The Clayton Valley prospect is growing properly and these outcomes are extraordinarily promising for us and can allow us to proceed with a bigger drill program within the close to future. Historic and current drill packages in adjoining and close by properties are definitely encouraging and the success of our neighbours (Pure Vitality and Cypress Growth) present Spearmint with an optimum location within the Clayton Valley. It could seem that the mudstone formation internet hosting the lithium strikes by the Cypress-Pure three way partnership properties and seems to proceed on our property. We’re instantly formulating the subsequent section of operations and look ahead to both making an attempt to develop this property ourselves or to probably tackle a companion. Administration will consider all attainable avenues going ahead.”
The “PREISSAC LITHIUM PROSPECT”– Spearmint’s 4,485 acre Preissac Lithium property is positioned in Quebec. The neighborhood of the Preissac lithium property comprises a number of lithium showings. Lower than two km south of the property are positioned the Aldous and the Authier showings. These showings correspond to spodumene mineralization inside pegmatite dikes, with a lithium content material as much as 1.14 per cent lithium. Lower than three km northeast of the property is the Lac de Hauteur displaying. Evaluation reported by the MERN (Ministere de l’Energie et des Ressources naturelles) signifies anomalies in tantalium, niobium and lithium. Lower than six km south are the Cominco-Nickel, Marbridge, Ataman, Lamotte and Cubric showings. These showings are ultramafic formation, with content material as much as 3.65 per cent nickel, with minor copper, zinc and molybdenum.
The “WHABOUCHI LAKES LITHIUM PROSPECT”– Spearmint’s 524 acre Whabouchi Lakes property is positioned within the James Bay space of the province of Quebec. This property consists of 4 claims that complete roughly 2.13 sq. km. These claims overlay the attainable supply of lake sediment geochemical anomalies. The anomalous parts are bismuth, uncommon earth parts, lithium, niobium and tungsten, which signify good pathfinders and indicators of pegmatite-hosted kind of mineralization additionally current at Nemaska Lithium Inc.’s (NMX.V) Whabouchi deposit.
The “WHABOUCHI LAKES WEST LITHIUM PROSPECT”– Spearmint’s 2,636 acre Whabouchi Lakes West property is positioned within the James Bay space of the province of Quebec, roughly 40 km east of the group of Nemaska, 228 km north-northwest of the Chibougamau municipality and within the rapid neighborhood of the Whabouchi mine of Nemaska Lithium Inc. (NMX.v). It consists of 20 claims that complete roughly 10.66 sq. km.
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