Spearmint Res. (SPMT-Cse) Ambulance Four Legged Chaser Acquires the Carscallen West Project in ON Canada
May 19, '20 - NR
Spearmint Resources Inc. 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 and Pan American Silver.
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 metres 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."
About Spearmint Resources
Spearmint's current projects include the Case Lake South Cesium Prospect in Ontario consisting of approximately 5000 contiguous acres directly bordering Power Metals Corp.'s Case Lake Cesium Property, the River Valley East Platinum-Palladium Prospect in Ontario consisting of approximately 4,700 contiguous acres directly bordering New Age Metals' flagship River Valley Platinum Group Metals (PGM) project, the Perron-East Gold Prospects consisting of 5 mineral claim blocks covering approximately 10,000 acres located in the Abitibi greenstone belt of northwestern Quebec in the direct vicinity of Amex Exploration Inc.'s Perron property and past-producing Normetal mine, the 'Chibougamau Vanadium Prospect' comprising of 17,142 contiguous acres directly bordering the vanadium deposit of BlackRock Metal's (private) Ilmenite vanadium project, and Spearmint's 'Clayton Valley Lithium Prospects' in Nevada comprising of two claim blocks totalling 800 acres bordering Pure Energy Minerals & Cypress Development Corp. where Spearmint's drill results have intersected Lithium values as high as 1670ppmLi.
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