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Spearmint Res Inc - SPMTF STOCK NEWS

Welcome to our dedicated page for Spearmint Res news (Ticker: SPMTF), a resource for investors and traders seeking the latest updates and insights on Spearmint Res stock.

Spearmint Resources Inc. (SPMTF) is a Vancouver-based mineral exploration company focused on developing high-quality projects in the resource-rich areas of North America. The company's primary projects include lithium properties in Clayton Valley, Nevada, such as the McGee lithium clay deposit, Elon lithium brine project, Green Clay lithium project, and Clayton Ridge project. Additionally, Spearmint has gold projects in Quebec, including the Perron-East gold project and Chibougamau project, highlighting its commitment to diversification and growth in the mining sector.

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Spearmint Resources comments on China's recent ban of critical mineral exports, including antimony, to the United States. The ban highlights the urgent need for Western nations to secure reliable sources of these critical minerals amid escalating trade tensions. Antimony prices have surged 228% since the beginning of the year, reaching $39,000 per metric ton as of November 28.

The company recently acquired the George Lake South Antimony Project in New Brunswick, Canada, comprising 1,945 contiguous acres. The project is located near the historic Lake George Antimony Mine, which was North America's largest primary antimony producer from 1876 to 1996. Management plans to begin work on this project and will update shareholders on their crypto diversification plan within 7-10 days.

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Spearmint Resources has acquired the George Lake South Antimony Project in New Brunswick, Canada, comprising 1,945 contiguous acres. The project is located near the historic Lake George Antimony Mine, which was North America's largest primary antimony producer from 1876 to 1996. Antimony prices have more than doubled year-to-date, making it one of the best-performing commodities.

The strategic acquisition targets antimony's important applications in semiconductors, electronics, battery technology, and flame retardants. The company plans to update shareholders on their crypto diversification plan and project development strategy.

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Spearmint Resources has acquired the George Lake South Antimony Project in New Brunswick, Canada, comprising 1,945 contiguous acres. The project is located near the historic Lake George Antimony Mine, which was North America's largest primary antimony producer from 1876 to 1996. Antimony prices have more than doubled year-to-date, making it one of the best-performing commodities. The metal is important for semiconductors, electronics, battery technology, and flame retardants. The company plans to update shareholders on its crypto diversification plan in the future.

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Spearmint Resources Inc. (CSE: SPMT) has announced plans to diversify a portion of its cash holdings into cryptocurrency investments. The company will allocate up to 20% of its cash reserves specifically into Bitcoin, Ethereum, or Solana through a public firm. This strategic move follows what the company perceives as improved crypto sentiment after the Republican Party's victory in the US election. Spearmint maintains its primary focus as a mining company, with notable assets including the McGee lithium clay deposit in Clayton Valley, Nevada, which contains 2,092,000 tonnes of lithium carbonate equivalent (LCE).

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Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) provided an update on recent lithium developments in Clayton Valley, Nevada. The company highlighted a significant breakthrough by SLB (formerly Schlumberger) in sustainable lithium production. SLB's proprietary solution, which includes direct lithium extraction (DLE), achieves a 96% lithium recovery rate from brine, producing lithium 500 times faster than conventional methods while using only 10% of the land.

Spearmint maintains four projects in Clayton Valley, including the Elon Lithium Brine Project and the McGee Lithium Clay Deposit. The company's Technical Report for the McGee project revealed an updated Mineral Resource Estimate of 2,092,000 tonnes of lithium carbonate equivalent (LCE), more than doubling its previous estimate.

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Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) has completed its 2023 drill program on the 100% owned Chibougamau project in Quebec, Canada. The drill program included 4 NQ-sized drillholes totaling 757 meters, with promising results including lithium and vanadium-bearing rock formations. The company also received an updated Mineral Resource estimate for the McGee Lithium Clay Deposit in Nevada, doubling the maiden resource estimate.
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Spearmint Resources Inc. (SPMT) has commenced its 2023 drill program on the 100%-owned Chibougamau project in Quebec. The project consists of two blocks of claims totaling 776.59 acres and is located near Lac Chibougamau. The company conducted geophysical surveys in 2018, revealing multiple magnetic susceptibility areas, including a 9km anomaly. The current drill program includes 4 drillholes targeting the main feature highlighted by the magnetic field.
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Spearmint Resources Inc. (SPMT) grants 1,100,000 stock options and 7,200,000 restricted share units to its directors, officers, and consultants at an exercise price of 5 cents per share for a period of 12 months.
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Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) announces engagement of Laurentia Exploration Inc. for a 2023 drill program on the Chibougamau vanadium project in Quebec. The project covers 776.59 acres with potential near-term catalysts. Additionally, the Company received an updated Technical Report and Mineral Resource estimate for the McGee Lithium Clay Deposit in Nevada, doubling the maiden resource estimate.
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Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) has granted 18,500,000 stock options at an exercise price of 5 cents per share for 12 months to directors, officers, and consultants. The Company also announced an updated Mineral Resource estimate for the McGee Lithium Clay Deposit, showing a significant increase from the previous estimate.
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FAQ

What is the current stock price of Spearmint Res (SPMTF)?

The current stock price of Spearmint Res (SPMTF) is $0.0126 as of February 20, 2025.

What is the market cap of Spearmint Res (SPMTF)?

The market cap of Spearmint Res (SPMTF) is approximately 3.6M.

What are Spearmint Resources' primary projects?

Spearmint Resources' primary projects include lithium properties in Clayton Valley, Nevada, and gold projects in Quebec.

Where is Spearmint Resources headquartered?

Spearmint Resources is headquartered in Vancouver, British Columbia.

What are the key achievements of Spearmint Resources?

Spearmint Resources has successfully developed lithium projects in Clayton Valley, Nevada, and gold projects in Quebec, showcasing its commitment to growth and diversification.

How can I stay updated with Spearmint Resources' news?

To receive the latest updates and news from Spearmint Resources, you can subscribe to their news distribution list by sending your email address to info@spearmintresources.ca.

Who is the President of Spearmint Resources?

James Nelson is the President of Spearmint Resources, leading the company's strategic initiatives and project developments.
Spearmint Res Inc

OTC:SPMTF

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274.53M
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