Spearmint Provides an Update on Recent Lithium Developments in Clayton Valley, Nevada
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.
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) ha fornito un aggiornamento sugli sviluppi recenti riguardanti il litio nella Clayton Valley, in Nevada. L'azienda ha sottolineato una significativa innovazione da parte di SLB (ex Schlumberger) nella produzione sostenibile di litio. La soluzione proprietaria di SLB, che include l'estrazione diretta di litio (DLE), raggiunge un tasso di recupero del litio del 96% dalla salamoia, producendo litio 500 volte più velocemente rispetto ai metodi tradizionali, utilizzando solo il 10% della superficie.
Spearmint gestisce quattro progetti nella Clayton Valley, tra cui il Progetto Elon Lithium Brine e il Deposito di Argilla di Litio McGee. Il rapporto tecnico dell'azienda per il progetto McGee ha rivelato una stima aggiornata delle risorse minerali di 2.092.000 tonnellate di equivalente carbonato di litio (LCE), più del doppio della stima precedente.
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) proporcionó una actualización sobre los recientes desarrollos de litio en Clayton Valley, Nevada. La compañía destacó un avance significativo por parte de SLB (anteriormente Schlumberger) en la producción sostenible de litio. La solución patentada de SLB, que incluye la extracción directa de litio (DLE), logra un tasa de recuperación de litio del 96% de la salmuera, produciendo litio 500 veces más rápido que los métodos convencionales, utilizando solo el 10% de la superficie.
Spearmint mantiene cuatro proyectos en Clayton Valley, incluido el Proyecto de Salmuera de Litio Elon y el Depósito de Arcilla de Litio McGee. El Informe Técnico de la compañía para el proyecto McGee reveló una estimación de recursos minerales actualizada de 2.092.000 toneladas de equivalente carbonato de litio (LCE), más del doble de su estimación anterior.
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF)는 네바다주 클레이튼 밸리에서의 최근 리튬 개발에 대한 업데이트를 제공했습니다. 회사는 SLB(구 슐럼버거)가 지속 가능한 리튬 생산에서 중요한 돌파구를 마련했다고 강조했습니다. SLB의 독점 솔루션은 직접 리튬 추출(DLE)을 포함하여, 염수에서 96%의 리튬 회수율을 달성하며, 기존 방법보다 500배 빠른 속도로 리튬을 생산하고, 단지 10%의 토지를 사용합니다.
Spearmint는 클레이튼 밸리에서 엘론 리튬 브라인 프로젝트와 맥기 리튬 점토 매장지를 포함하여 네 개의 프로젝트를 진행하고 있습니다. 맥기 프로젝트에 대한 회사의 기술 보고서는 2,092,000톤의 리튬 탄산염 등가물(LCE)에 대한 업데이트된 광물 자원 추정을 밝혀냈으며, 이는 이전 추정치의 두 배가 넘는 수치입니다.
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) a fourni une mise à jour sur les derniers développements liés au lithium dans la vallée de Clayton, au Nevada. La société a souligné une avancée significative réalisée par SLB (anciennement Schlumberger) dans la production durable de lithium. La solution propriétaire de SLB, qui comprend l'extraction directe de lithium (DLE), atteint un taux de récupération du lithium de 96% à partir de saumure, produisant du lithium 500 fois plus rapidement que les méthodes conventionnelles et utilisant seulement 10% de la surface.
Spearmint gère quatre projets dans la vallée de Clayton, y compris le Projet de Saumure de Lithium Elon et le Dépôt d'Argile de Lithium McGee. Le Rapport Technique de l'entreprise pour le projet McGee a révélé une estimation mise à jour des ressources minérales de 2.092.000 tonnes d'équivalent carbonate de lithium (LCE), plus du double de son estimation précédente.
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) hat ein Update zu den jüngsten Entwicklungen im Lithiumbereich im Clayton Valley, Nevada, bereitgestellt. Das Unternehmen hob einen bedeutenden Durchbruch von SLB (ehemals Schlumberger) in der nachhaltigen Lithiumproduktion hervor. SLBs proprietäre Lösung, die die direkte Lithiumextraktion (DLE) umfasst, erreicht eine 96% Lithiumrückgewinnungsrate aus Sole, wodurch Lithium 500-mal schneller als mit herkömmlichen Methoden produziert wird, und das auf nur 10% der Fläche.
Spearmint unterhält vier Projekte im Clayton Valley, darunter das Elon Lithium Brine Project und die McGee Lithium Clay Deposit. Der technische Bericht des Unternehmens für das McGee-Projekt ergab eine aktualisierte Schätzung der Mineralressourcen von 2.092.000 Tonnen Lithiumcarbonatäquivalent (LCE), was mehr als das Doppelte der vorherigen Schätzung ist.
- SLB's breakthrough in lithium extraction technology could potentially benefit Spearmint's projects in Clayton Valley
- Spearmint's McGee Lithium Clay Deposit has an updated Mineral Resource Estimate of 2,092,000 tonnes of LCE, more than doubling the previous estimate
- The company is permitted for 4 additional drill holes on the McGee Lithium Clay Project
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to report on some recent developments by our neighbor within the Clayton Valley of Nevada. On September 10, 2024, SLB (formerly Schlumberger) announced that "… it has proven its solution for sustainable lithium production at scale at its demonstration plant in Clayton Valley, Nevada, to accelerate responsibly-sourced lithium products to market. The proprietary integrated solution combines SLB's subsurface expertise with surface engineering of advanced technologies that include direct lithium extraction (DLE). It produces lithium 500 times faster than conventional methods while using only 10 percent of the land. Operating at approximately one tenth the size of a commercial-scale facility, the plant reached a verified recovery rate of
James Nelson, President of Spearmint Resources stated, "We would like to congratulate SLB and Pure Energy on their hard work and success on this significant and scalable lithium production milestone. To achieve this level of efficiency in lithium production on such a reduced footprint compared to the existing evaporation pond method, it is truly a gamechanger for lithium development in Clayton Valley, Nevada. Spearmint maintains a sizeable footprint in Clayton Valley across 4 separate projects that have exposure to both lithium brine and lithium clay formations. Spearmint is currently permitted by the BLM for 4 additional drill holes on the McGee Lithium Clay Project and are optimistic about what the future has in store for the lithium stakeholders in Clayton Valley."
Spearmint currently has four projects in Clayton Valley, Nevada, including the Elon Lithium Brine Project which is completely surrounded by the Pure/SLB Clayton Valley Project (see map) and is located in some of the deepest sections of this basin. Also located in Clayton Valley is Spearmint's 100-per-cent-owned McGee Lithium Clay Deposit, where on June 17, 2022, the Company released its Technical Report which included an updated Mineral 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, more than doubling the Maiden Resource Estimate announced on June 11, 2021. The Technical Report and Mineral Resource Estimate was prepared by Derek Loveday, PGeo, and Mariea Kartick, PGeo, of Stantec Consulting Services Ltd. in conformity with CIM Estimation of Mineral Resource and Mineral Reserves Best Practices guidelines and were reported in accordance with the Canadian Securities Administrators National Instrument 43-101. Spearmint management cautions that past results or discoveries on properties in proximity to Spearmint Resources Inc. may not necessarily be indicative of the presence of mineralization on the company's properties.
Spearmint Ownership Map
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Qualified person
The technical contents of this release were reviewed and approved by Mr. Bain, PGeo, a director of the Company and qualified person as defined by National Instrument 43-101.
About Spearmint Resources
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.
Spearmint's other projects include the 3,015-acre Chibougamau project located in the direct vicinity of Lac Chibougamau, Quebec, and the Perron-East gold project consisting of five mineral claim blocks covering 11,608 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. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company's properties.
If you would like to be added to Spearmint's news distribution list, please send your email address to info@spearmintresources.ca
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.
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FAQ
What is Spearmint Resources' (SPMTF) involvement in Clayton Valley, Nevada?
What is the updated Mineral Resource Estimate for Spearmint's (SPMTF) McGee Lithium Clay Deposit as of June 17, 2022?
How does SLB's new lithium extraction technology compare to conventional methods in Clayton Valley?
What permits does Spearmint Resources (SPMTF) currently hold for its Clayton Valley projects?
