Spearmint Renews All of its Lithium Claims in the Clayton Valley of Nevada
(firmenpresse) - Spearmint Renews All of its Lithium Claims in the Clayton Valley of Nevada
Spearmint Resources Inc. (SRJ or the Company) (SRJ-TSX.V)( SPMTF-OTCBB) (A2AHL5--FSE) wishes to announce that it 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. (CYP.v), who on September 6, 2018 released positive results from a preliminary economic assessment (PEA) of the Cypress' Clayton Valley lithium project in Nevada representing a Net present value of $1.45-billion (USD).
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James Nelson, President of Spearmint stated, We applaud the positive PEA results reported by our neighbor Cypress Development Corp and we are very pleased to renew all of our claims in Nevada. We had drill results as high 1670 ppm lithium on our property which directly borders that of Cypress and appears to share the lithium clay formation (please refer to map). With work programs currently underway on Spearmints 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 companys developments in the near and long term.
About Spearmint Resources
Spearmint's current projects also include three areas of focus on gold in British Columbia; the Golden Triangle Gold Prospects comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the Gold Mountain Prospects comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,972 acre Neba Prospects bordering Aben Resources Ltd (ABN.v). Spearmints 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 (GGI.v). Spearmints 10,300 acre WHY WEST Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).
Spearmints current projects include a portfolio of lithium prospects. The 'Clayton Valley Lithium Prospects' in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v).
Spearmints Chibougamau Vanadium Prospects comprise of four separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metals (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).
If you would like to be added to Spearmints news distribution list, please send your email address to info(at)spearmintresources.ca.
Contact Information
Tel: 1604646-6903
www.spearmintresources.ca
James Nelson
President
Spearmint Resources Inc.
SPEARMINT RESOURCES INC.
Suite 1470 - 701 West Georgia Street
Vancouver, BC V7Y 1C6
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
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Datum: 07.09.2018 - 09:02 Uhr
Sprache: Deutsch
News-ID 580701
Anzahl Zeichen: 3522
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Wien
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Business News
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