RETRANSMISSION: Spearmint Acquires the George Lake South Antimony Project in New Brunswick, Canada
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.
Spearmint Resources ha acquisito il Progetto Antimonio George Lake South nel New Brunswick, Canada, che comprende 1.945 acri contigui. Il progetto si trova vicino alla storica miniera di antimonio di Lake George, che è stata il più grande produttore primario di antimonio in Nord America dal 1876 al 1996. I prezzi dell'antimonio sono più che raddoppiati dall'inizio dell'anno, rendendolo una delle materie prime con le migliori performance.
L'acquisizione strategica punta alle importanti applicazioni dell'antimonio nei semiconduttori, elettronica, tecnologia delle batterie e ritardanti di fiamma. La società prevede di aggiornare gli azionisti sul suo piano di diversificazione crypto e sulla strategia di sviluppo del progetto.
Spearmint Resources ha adquirido el Proyecto de Antimonio George Lake South en New Brunswick, Canadá, que comprende 1,945 acres contiguos. El proyecto se ubica cerca de la histórica Mina de Antimonio Lake George, que fue el mayor productor primario de antimonio en América del Norte de 1876 a 1996. Los precios del antimonio se han más que duplicado en lo que va del año, convirtiéndolo en una de las materias primas de mejor rendimiento.
La adquisición estratégica se enfoca en las importantes aplicaciones del antimonio en semiconductores, electrónica, tecnología de baterías y retardantes de llama. La empresa planea actualizar a los accionistas sobre su plan de diversificación en criptomonedas y la estrategia de desarrollo del proyecto.
Spearmint Resources는 캐나다 뉴브런즈윅에 있는 조지 레이크 남부 안티모니 프로젝트를 인수했습니다. 이 프로젝트는 1,945에이커의 연접한 면적을 포함하고 있습니다. 이 프로젝트는 역사적인 레이크 조지 안티모니 광산 근처에 위치하고 있으며, 이곳은 1876년부터 1996년까지 북미에서 가장 큰 주요 안티모니 생산지였습니다. 안티모니 가격은 올해 들어 두 배 이상 상승하여 성과가 가장 좋은 원자재 중 하나가 되었습니다.
전략적 인수는 반도체, 전자 기기, 배터리 기술 및 난연재에 대한 안티모니의 중요한 응용 프로그램을 목표로 하고 있습니다. 회사는 암호화폐 다각화 계획과 프로젝트 개발 전략에 대해 주주들에게 최신 정보를 제공할 계획입니다.
Spearmint Resources a acquis le Projet Antimoine George Lake South dans le Nouveau-Brunswick, Canada, composé de 1 945 acres contigus. Le projet est situé près de la mine historique d'antimoine de Lake George, qui a été le plus grand producteur d'antimoine primaire d'Amérique du Nord de 1876 à 1996. Les prix de l'antimoine ont plus que doublé depuis le début de l'année, ce qui en fait l'une des matières premières les plus performantes.
Cette acquisition stratégique vise les importantes applications de l'antimoine dans les semi-conducteurs, l'électronique, la technologie des batteries et les retardateurs de flamme. L'entreprise prévoit de mettre à jour les actionnaires sur son plan de diversification en crypto et sur sa stratégie de développement de projet.
Spearmint Resources hat das George Lake South Antimon-Projekt in New Brunswick, Kanada, erworben, das 1.945 zusammenhängende Acres umfasst. Das Projekt befindet sich in der Nähe der historischen Antimonmine Lake George, die von 1876 bis 1996 Nordamerikas größter primärer Antimonproduzent war. Die Antimonpreise sind seit Jahresbeginn um mehr als das Doppelte gestiegen und machen es zu einer der leistungsstärksten Rohstoffe.
Die strategische Übernahme zielt auf die wichtigen Anwendungen von Antimon in Halbleitern, Elektronik, Batterietechnologie und Flammschutzmitteln ab. Das Unternehmen plant, die Aktionäre über seinen Diversifizierungsplan für Kryptowährungen und die Projektentwicklungsstrategie zu informieren.
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Vancouver, British Columbia--(Newsfile Corp. - November 28, 2024) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to announce that it has acquired the George Lake South Antimony Project in New Brunswick, Canada. This project consists of 1,945 contiguous acres prospective for antimony.
James Nelson, President of Spearmint stated, "Year to date, antimony prices have more than doubled, making it one of the best performing commodities this year. This is a great addition to our stable of projects and being in Canada, it allows us to access flow through money if needed. Management is formulating a plan on this project and intends to update the market on Spearmints crypto diversification plan once additional information is ready. These are truly exciting times for Spearmint and Spearmint shareholders."
This new project is in the direct vicinity of the Lake George Antimony Mine in New Brunswick which was operated intermittently from 1876 to 1996 and was once the largest primary antimony producer in North America. Antimony's primary uses are:
- Semiconductors and Electronics: The growing electronics and semiconductor industries require antimony, making it a critical material for technological development, including infrared sensors and components for military and aerospace uses.
- Battery Technology: Antimony is also used in lead-acid batteries and in emerging technologies, such as energy storage and lithium-ion battery enhancements, which is a significant driver of demand in the future.
- Flame Retardants: The demand for antimony remains strong due to its use in flame-retardant materials, which are essential in a wide range of products like textiles, electronics, and plastics. As safety regulations around fire-resistant materials become stricter, the need for antimony-based compounds continues to grow.
About Spearmint Resources Inc.
Spearmint's projects include four projects in Clayton Valley, Nevada: the 1,136-acre McGee lithium clay deposit, which has a resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE) for a total of 2,092,000 tonnes of LCE, directly bordering Pure Energy Minerals & Century Lithium Corp.; the 280-acre Elon lithium brine project, which has access to some of the deepest parts of the only lithium brine basin in production in North America; the 124-acre Green Clay lithium project; and the 248-acre Clayton Ridge gold project and now the 1,945 acres George Lake South Antimony Project in New Brunswick.
For a cautionary note and disclaimer on the crypto diversification, please refer to the news release dated November 12, 2024.
Qualified person for mining disclosure:
The technical contents of this release were reviewed and approved by Frank Bain, PGeo, a director of the company and qualified person as defined by National Instrument 43-101.
This property was acquired via staking.
Contact Information
Tel: 1604646-6903
www.spearmintresources.ca
"James Nelson"
President
Spearmint Resources Inc.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231725
FAQ
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