Commences Phase II Work Programme In Newfoundland
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF)has kicked off its phase II work programme on the 100-percent owned “Goose Gold Project” directly bordering New Found Gold Corp.’s Queensway project in Newfoundland.
The new campaign comes after New Found Gold recently announced a brand-new discovery at the ‘Golden Joint’ zone of 430.2 G/T over 5.25m which is their second highest value encountered to date.
President James Nelson, said Spearmint is the closest property to this new discovery as well as the ‘Keats’ discovery hole.
“We are extremely excited to have begun the phase II work programme on our ‘Goose Gold Project’ directly bordering New Found Gold Corp.’s Queensway project,” Mr Nelson said.
“New Found Gold continues to have success on their project and this work programme is designed to tighten up last year’s results with the goal of defining drill targets and additional exploration concepts.
“We also recently closed on the acquisition of the ‘Green Clay Lithium Project’ in the Clayton Valley of Nevada where we plan to begin a work programme shortly.
“Additionally, a phase III drill program on our flagship Clayton Valley Lithium project is being planned for Fall 2021 with the goal to build upon our recently released a maiden resource estimate which included a total of 1,006,000 tonnes of Lithium Carbonate Equivalent (LCE).
“We are well funded for multiple drill and work programmes in the US and Canada and look forward to building upon an already active and successful year.”
For further information please visit: https://www.spearmintresources.ca/