Spearmint renews Li claims in Clayton Valley

Sep 7, 2018

2018-09-07 06:50 ET – News Release

Mr. James Nelson reports

SPEARMINT RENEWS ALL OF ITS LITHIUM CLAIMS IN THE CLAYTON VALLEY OF NEVADA

Spearmint Resources Inc. has renewed all of its lithium claims in the Clayton Valley of Nevada with the Bureau of Land Management (BLM). These claims directly border Cypress Development Corp., which on Sept. 6, 2018, released positive results from a preliminary economic assessment (PEA) of Cypress’s Clayton Valley lithium project in Nevada representing a net present value of $1.45-billion (U.S.).

James Nelson, president of Spearmint, stated: “We applaud the positive PEA results reported by our neighbour Cypress Development and we are very pleased to renew all of our claims in Nevada. We had drill results as high 1,670 parts per million lithium on our property which directly borders that of Cypress and appears to share the lithium clay formation. With work programs currently under way on Spearmint’s strategically located properties in the Golden Triangle, and operations about to get started on our vanadium prospects in Quebec, we are working diligently to increase shareholder value and we are optimistic about the company’s developments in the near and long term.”

About Spearmint Resources Inc.

Spearmint’s current projects also include three areas of focus on gold in British Columbia: the Golden Triangle gold prospects comprising four separate claim blocks totalling 4,095 acres bordering GT Gold Corp., the Gold Mountain prospects comprising three separate claim blocks totalling 1,245 acres bordering Barkerville Gold Mines and the 3,052-acre Neba prospect bordering Aben Resources Ltd. Spearmint’s 8,482-acre EL North nickel-copper prospect is a contiguous land package that includes the EL North, EL North 2 and the Buddy claims in the Eskay Creek camp bordering Garibaldi Resources Corp.

https://spearmintresources.ca/news/