Spearmint Resources (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTF—OTCBB) (A2AHL5–FSE) wishes to announce that it has acquired a 100 percent interest in 1 additional vanadium prospect, located in the direct vicinity of Lac Chibougamau, Quebec.
This 1 additional vanadium prospect comprises of 21 separate claims totaling approximately 2,878 acres (1,165 hectares). This new prospect is in addition to the 4 Vanadium prospects that were acquired on June 14, 2017. Now comprising of 5 prospects, the “Chibougamau Vanadium Prospects” are all located in the prolific Lac Chibougamau mining district.
James Nelson, President of Spearmint stated:
“Vanadium continues to garner significant market attention as the use of vanadium in battery storage is gaining momentum and we are very pleased to be able to significantly expand our footprint in one of Canada’s best-known vanadium districts.
These additional claims are located in the direct vicinity of, and directly border the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc’s (VRB-tsx.v) Lac Dore vanadium project and Vanadium One Energy Corp’s (VONE-tsx.v) Mont Sorcier vanadium project.”