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Spearmint Resources Inc. (SPMT.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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0.08000.0000 (0.00%)
As of 10:09AM EDT. Market open.
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  • M
    Maxime
    Did I understand properly: plan to develop?! Let's gooo!
  • L
    Landshark
    News! “Spearmint More than Doubles its Resource Estimate on the McGee Lithium Clay Deposit in Clayton Valley, Nevada”
  • K
    Kingsbury
    These guys love doing retransmissions. It's kind of like saying "Is this thing on?"
  • L
    Landshark
    Today’s volume was certainly a standout. No news that I can find. Let’s hope it’s a sign of good things to come!
  • e
    endut
    Holding strong. Not a single share sold. Thumbs up 👍
  • S
    Serge
    This is total B.S. and being walked down on extremely LOW volume. Someone or some entity is just wanting t oshake some shares out of weak hands. I'm holding firm and averaged at 12 cents. Am not worried at all that this will take off once it begis mining or is sold to another outfit. The value of thye lithium on these claims is way too important to be worth nothing.
  • D
    Daryl
    Troops, this is a winning lottery ticket. Draw date unknown but is gonna be a fortune. Those that are patient will be richly rewarded. Just set an alert for it at $10 and forget about it
  • B
    Bill
    waiting for the revised resource estimate is taking its toll on a lot investors in here but when it gets here it should add value
  • R
    Ryan
    Do something
  • A
    Albrant
    Spmtf Probably does want to just hold and sell to the Bigs when it’s time . It’s Cheapest winner in Nevada right now .
  • S
    Scott
    Prediction .30 by June.....
  • M
    Martin
    My suggestion: split the lithium division off from the other mining interests and make a deal with Cypress Development for acquisition. Lacking water rights, the company has no other alternative.
  • M
    Michael
    Did they find Pottery Clay instead of Lithium? lol every time I come back here it is going down more.
  • L
    Landshark
    Another nothingburger news release, and no indication on timing for revised Stantec estimate. I’m confident there’s real value here, just requiring lots of patience.
  • B
    Bill
    why no resource estimate yet is there something going on we don't know about?
  • P
    PianziDisano
    PP Closed! That was fast!!!

    "We are pleased to have closed this flow-through financing at a significant premium to the market, including an initial investment by certain funds managed by Sprott Asset Management LP ("Sprott"). Having Sprott participate in this financing is an endorsement to, and validates management's vision for the future of the Company. This round of financing enables Spearmint to be fully funded to aggressively pursue multiple work programs. Spearmint's primary use of the flow-through funds will be a planned drill program on our Perron-East Gold project in Quebec in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd. These upcoming work programs are a compliment to the near-term catalysts expected from our flagship 'Clayton Valley Lithium Clay Project' in Nevada where Spearmint is anticipating to receive results from metallurgical testing shortly, followed by a Technical Report and potential maiden resource estimate completed by Stantec Consulting Ltd.. Spearmint is now fully funded for all planned work/drill programs in 2021 and management is optimistic about Spearmint's short and long-term growth potential now having approximately $3,500,000 in the treasury."
  • b
    brent
    Big things coming! Had a great talk with a lead consultant at Spearmint. This latest drill hole literally will 3x what they have found already. Ha I tried to talk about gold as well and other projects, but lithium is what this is about. They are in between Pure Energy and Cypress. This new drill will run from one side to the other. It's the longest intercept to date in Clayton Valley. Bigger than Albemarle or anyone the other player in the valley , the longest. The unknown land that comes between ours is Elon Musk, so imhop that says we are in the right place. This year will be amazing to say the least for anyone , or company in the Clayton region. On top of all of this Pure and Cypress are both investing 40 mil each to streamline Brine extraction with one of the biggest oil servicing companies And the other is investing in processing clay lithium on the other side. Sureal how big this will be. Have a great day everyone!
  • 9
    999999
    Spearmint's direct neighbour in Newfoundland, New Found Gold
    just announced massive drill results of intercepts grading 146.2 g/t Au over 25.6m in 65m step-out to South at Keats, Extends High-Grade Zone to 425m Down-Plunge (Full release below). Spearmint’s property is approximately 1 kilometre from this discovery and Spearmint has the closest property to the Keats Zone (see map).

    Spearmint has just closed a placement at a significant premium to the current market price in which certain funds managed by Sprott Asset Management LP participated. Sprott is the one of the largest shareholders in New Found Gold. Spearmint is fully cashed up to commence operations in Newfoundland on its Goose Gold Property with work expected to commence shortly.

    https://newfoundgold.ca/news/new-found-intercepts-146-2-g-t-au-over-25-6m-in-65m-step-out-to-south-at-keats-extends-high-grade-zone-to-425m-down-plunge/
  • b
    brent
    Yesterday, one of our Clayton Valley, Nevada neighbours, Noram Lithium Corp (NRM-CANADA) NRVTF--USA) announced a significant partnership to move forward their Clayton Valley Lithium deposit (full release below). This blanket like formation is shared by Noram, Cypress and Spearmint. Cypress has also just secured significant funding to develop their deposit. This shows how much interest is in the the tiny Clayton Valley of Nevada, home to the only currently producing lithium field in North America. Spearmint just has just encountered two of the single largest lithium bearing clay intercepts ever drilled in the Clayton Valley and assays have been rushed with results expected in the next couple weeks. Spearmint is in a strong cash position right now and if the grades on this phase of drilling come back similar to what we have already achieved, the resource we currently have should get re-evaluated.

    RECENT NEWS:

    This is a spectacular intercept. One of the longest recorded in the history of Nevada clay drilling EVER. This now gives Spearmint two massive drill intercepts in this phase of the drilling and we are extremely excited to rush the assays to get the results as soon as possible. This phase of the drilling was as far to the west of the property as we have drilled and into an area that was providing zero to the 1,006,000 tonnes of lithium carbonate equivalent (LCE) that was given to Spearmint by Stantec on the maiden report done. This drill location was approximately 3700 feet from the closest previous drill location. This phase could drastically add to our current resource if the grades come in similar to what we have already seen on this project to date. February is going to be a very exciting time for Spearmint shareholders.
  • A
    Adam
    James Nelson, President of Spearmint Resources stated, "We were extremely pleased to have discovered positive gold indicators on our initial work program. Newfoundland is quickly emerging as one of the most exciting gold districts in the world and being the closest project to New Found Golds 'Keats' discovery and brand new 'Golden Joint' discovery is very encouraging. Abitibi has a proven track record, and we are eager to begin working towards generating drill targets and additional exploration concepts. We are well funded for this work program including flow-through funds which include an initial investment by certain funds managed by Sprott Asset Management LP. Considering this marks the third work program we are currently in the process of undertaking for the summer, 2021 is shaping up to be the busiest and most transformative year for the Company. Crews are also currently underway on our gold project in Quebec in the direct vicinity of Amex Exploration Inc. and Starr Peak Mining Ltd. as well as our Escape Lake North project directly bordering Clean Air Metals in an area hosting a world-class PGM deposits."