Phase II Programme Underway In British Columbia
Spearmint Resources Inc. (CSE: SPMT) has received promising sampling results from its phase II work programme on the ‘Hammernose’ Gold Project, located in the Spences Bridge Gold Belt (SBGB) of Southern British Columbia.
A detailed soil geochemical survey was performed by Rio Minerals Limited on the Hammernose Property located south of Merritt BC. Forty-five soil samples were taken on a localized grid of five soil lines, with 20m line-separation. Sampling results included several samples returning anomalous gold values with a high value of 132 ppb Au, at the northeast corner of the survey grid.
President, James Nelson, said the Hammernose Gold Project consists of 8,685 acres directly bordering Westhaven Gold Corp.’s Shovelnose Property.
In July, 2020, Westhaven announced drill results that returned 34.00m of 1.21 g/t gold and 3.68 g/t silver, including: 1.00m of 15.70 g/t Au and 77.50 g/t Ag within 200m of surface at Shovelnose.
“We are very pleased to have discovered our highest gold values to date on the Hammernose Project in BC,” Mr Nelson said.
“These encouraging results will help guide the next phase of work and ultimately assist towards defining the highest priority targets on the Hammernose Project. Spearmint has a robust portfolio of quality projects.
“The Hammernose is probably our fourth highest priority project currently, behind our Clayton Valley Lithium Clay Project in Nevada, our Goose Gold Project in Newfoundland, and our Perron-East Gold Project in Quebec.
“In addition to receiving these positive results in BC, we are also eagerly awaiting drill results from the 10-hole drill program on our Clayton Valley Lithium Clay Project in Nevada and are currently active on our Perron-East Gold Project in Quebec in the vicinity of Amex Exploration Inc.
“The weeks ahead are expected to be very exciting at a time when the TSX Venture and The CSE markets are trading at year highs with strong momentum. Management is extremely optimistic about the remainder of 2020 and into 2021.”
