Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada


Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to announce that it has more than doubled the acreage on the recently acquired George Lake South Antimony Project in New Brunswick, Canada. This project now consists of 4,722 contiguous acres prospective for antimony.

James Nelson, President of Spearmint, stated, "In light of the recent ban of antimony by China to the USA, we made this strategic acquisition increasing the size of the George Lake South Antimony Project. Management feels that antimony will be one of the most sought after resources in 2025 and we plan to pursue this space with vigor and are currently evaluating additional projects. Management is formulating a plan on the George Lake South Antimony Project, and management also intends to update the market on Spearmint's crypto diversification plan in the near future as well. These are truly exciting times for Spearmint and Spearmint shareholders."

Recently, China banned exports of critical minerals, including antimony, to the United States. As trade tensions escalate between the United States and China, this move clearly emphasizes the urgent need for Western nations to secure reliable long-term sources of these critical minerals, which are now at the forefront of the global supply chain crisis.

Antimony is an essential component in semi-conductors, battery storage technology, and has several military applications. Prices of antimony trioxide in Rotterdam had soared by 228 per cent since the beginning of the year to $39,000 a metric tonne on Nov. 28, as shown by data from information provider Argus. The move is a considerable escalation of tensions in supply chains where access to raw material units is already tight in the West.

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 holds the 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 4,722 acre 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: 1-604-646-6903
www.spearmintresources.ca

"James Nelson"
President
Spearmint Resources Inc.

Source

SPMT:CNX
Spearmint Resources

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Spearmint Resources

Spearmint Resources

Overview

Spearmint Resources’ (CSE:SPMT) current projects include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 1,975 and 2,107 acre ‘EL North and EL North 2’ Nickel-Copper prospects in the Eskay Creek Camp border Garibaldi Resources Corp (GGI.v). Spearmint’s ‘Chibougamau Vanadium Prospects’ comprising of five separate claim blocks totaling 9,735-acres borders the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v). Spearmint’s portfolio of lithium projects include the ‘Clayton Valley Lithium Prospects’ in Nevada comprising of two claim blocks totaling 800-acres bordering Pure Energy Minerals (PE.v), and three lithium projects in Quebec including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’.

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RETRANSMISSION: Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

RETRANSMISSION: Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to announce that it has more than doubled the acreage on the recently acquired George Lake South Antimony Project in New Brunswick, Canada. This project now consists of 4,722 contiguous acres prospective for antimony.

James Nelson, President of Spearmint stated, "In light of the recent ban of antimony by China to the USA, we made this strategic acquisition increasing the size of the George Lake South Antimony Project. Management feels that antimony will be one of the most sought after resources in 2025 and we plan to pursue this space with vigor and are currently evaluating additional projects. Management is formulating a plan on the George Lake South Antimony Project, and management also intends to update the market on Spearmint's crypto diversification plan in the near future as well. These are truly exciting times for Spearmint and Spearmint shareholders."

News Provided by Newsfile via QuoteMedia

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Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada

Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to announce that it has more than doubled the acreage on the recently acquired George Lake South Antimony Project in New Brunswick, Canada. This project now consists of 4,722 contiguous acres prospective for antimony.

James Nelson, President of Spearmint, stated, "In light of the recent ban of antimony by China to the USA, we made this strategic acquisition increasing the size of the George Lake South Antimony Project. Management feels that antimony will be one of the most sought after resources in 2025 and we plan to pursue this space with vigor and are currently evaluating additional projects. Management is formulating a plan on the George Lake South Antimony Project, and management also intends to update the market on Spearmint's crypto diversification plan in the near future as well. These are truly exciting times for Spearmint and Spearmint shareholders."

News Provided by Newsfile via QuoteMedia

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Spearmint Announces Arrangements to Address Mailing Delays Resulting from Canada Post Strike

Spearmint Announces Arrangements to Address Mailing Delays Resulting from Canada Post Strike

Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to provide an update to shareholders on the impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver to shareholders its financial statements and related disclosure and proxy-related materials in respect of the Company's annual general meeting of shareholders (the "Meeting") scheduled to be held at Cozen O'Connor LLP - 550 Burrard Street, Suite 2501, Vancouver, B.C., on Thursday, Dec. 19, 2024, at 10 a.m. PST.

James Nelson, President of Spearmint stated, "We want all of our shareholders to be aware of the current situation as there are many exciting events occurring for Spearmint in the short and medium term."

News Provided by Newsfile via QuoteMedia

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RETRANSMISSION: Spearmint Comments on China's Ban of Critical Mineral Exports to the USA, including Antimony

RETRANSMISSION: Spearmint Comments on China's Ban of Critical Mineral Exports to the USA, including Antimony

Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to comment on yesterday's announcement of China banning exports of critical minerals including antimony to the United States. As trade tensions escalate between the USA and China, this move clearly emphasizes the urgent need for Western nations to secure reliable long-term sources of these critical minerals which are now at the forefront of the global supply chain crisis.

Antimony is an essential component in semi-conductors, battery storage technology, and has several military applications. Prices of antimony trioxide in Rotterdam had soared by 228% since the beginning of the year to $39,000 a metric ton on Nov. 28, data from information provider Argus showed(1). The move is a considerable escalation of tensions in supply chains where access to raw material units is already tight in the West(1).

News Provided by Newsfile via QuoteMedia

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Spearmint Comments on China's Ban of Critical Mineral Exports to the USA, including Antimony

Spearmint Comments on China's Ban of Critical Mineral Exports to the USA, including Antimony

Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) (the "Company" or "Spearmint") wishes to comment on yesterday's announcement of China banning exports of critical minerals including antimony to the United States. As trade tensions escalate between the USA and China, this move clearly emphasizes the urgent need for Western nations to secure reliable long-term sources of these critical minerals which are now at the forefront of the global supply chain crisis.

Antimony is an essential component in semi-conductors, battery storage technology, and has several military applications. Prices of antimony trioxide in Rotterdam had soared by 228% since the beginning of the year to $39,000 a metric ton on Nov. 28, data from information provider Argus showed(1). The move is a considerable escalation of tensions in supply chains where access to raw material units is already tight in the West(1).

News Provided by Newsfile via QuoteMedia

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Cyprium Metals

Completion of Tranche 1 of the Placement

Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) is pleased to announce the successful completion of Tranche 1 of the two-tranche placement to raise in aggregate A$13.5 million (before costs) via the issue of a total of 483,203,140 fully paid ordinary shares in the Company (Placement Shares) at an issue price of A$0.028 per Share, as announced by the Company on 13 December 2024 (Placement).

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Patriot Lithium Limited High Grade Assays From Katwaro Open Pit - Zambia

Perth, Australia (ABN Newswire) - Patriot Lithium Limited (ASX:PAT) is pleased to announce that the Company's recently completed open pit channel sampling program, has resulted in the delineation of high grade copper results.

- First assays from reconnaissance pit sampling, confirms high grade copper and gold.

- Best channel sample assay returned 4.45% Cu and 2.59g/t Au over 2.0m width.

- Entire south eastern channel averaged 1.16% Cu and 0.68g/t Au over 14.0m including 4.45% Cu and 2.59g/t Au over 2.0m.

- Geological surface mapping completed over the license area.

- Reconnaissance work proves the project has strong potential to unlock a significant copper/gold deposit for the Company.

- Several NW-SE trending quartz-carbonate metasiltstone zones identified during mapping which also conforms to the regional geological trend.

- Further exploration, including a first pass drill program, is planned for 2025

Patriot Chairman commented: we could not have wished for a better start to our copper exploration program in Zambia. This program was designed and executed by our inhouse exploration team and we were able to generate high grade results, including 4.45%Cu over m and 1.16% Cu over 14m.

These results enable us to finish the year strong. We are now planning our program for the next year.

Channel sampling of the historical pit was conducted as part of Phase 1 reconnaissance work which also included field mapping. Visual mapping of the pit showed strong copper mineralization mainly malachite, bornite and chalcopyrite. Sampled copper and gold bearing quartz-carbonate metasiltstone from the south eastern face averaged 1.16% Cu and 0.68 g/t Au over 14.0m including 4.45% Cu and 2.59 g/t Au over 2.0m, see Table 1*. Grab samples were also collected on the exposed face to support the channel sampling assays.

Geological surface mapping was conducted over the entire license area, in order to better understand the lithological and structural controls acting on the copper-gold mineralization.

This surface mapping identified several, parallel NW-SE trending and SW dipping, possibly mineralized zones similarly oriented to structures observed inside the pit.

Phase 1 reconnaissance work also focused on field mapping and sampling. Several possibly mineralized NW-SE trending quartz-carbonate metasiltstone zones were identified during mapping which also conforms to the regional geological trend. The mapping program was further supported by available historical geophysical data.

A total of 17 samples were collected from the pit during channel sampling including QAQC samples with the majority of the samples recording anomalous to high grade assays. Work conducted proved that the project has significant potential based on information collected through mapping and channel sampling. The plan is to confirm and develop these interesting targets with a drilling program Q2,2025.

Looking Forward

The information gathered during Phase 1 work is enough to justify moving the project into drilling phase in order to investigate these targets further. Drillhole planning, contractor sourcing and community engagements is scheduled for Q1,2025.

Katwaro Copper Project Background

The Katwaro Copper Project is located approximately 10km North-East from the town of Mumbwa and approximately 200km West of Lusaka, within the central province of Zambia. It covers approximately 400 hectares under small scale mining license 28424-HQ-SML (see Figure 4*). Within the tenement there is a historical open pit mine exposing copper-bearing metasediments along 100m strike and is open ended. Regionally, polymetallic sulphide occurrences in the area have been known for centuries, but more recent geophysical and geochemical investigations led to the discovery of a copper-rich hydrothermal system, mostly associated with late-stage syenite intrusions of the Hook Batholith.

The Company is of the view that these exposed host rocks, and the known history of the area are grounds for consideration and assessment during the due diligence phase to determine if the Company should proceed with the acquisition and to invest funds into exploration programmes on the Project.

Geological Setting

The Katwaro Project is hosted by Neoproterozoic to early Paleozoic metasedimentary rocks of the Katanga Supergroup in the vicinity of late-tectonic syenite plutons. Sulphide mineralisation occurs along regional-scale lineaments, following a NNW-SSE trend defined by the Mumbwa fault Zone. The Hook Granitoid Suite intrudes a sequence of carbonates and calcarenites interlayered with shales and siltstones of the Katanga Supergroup. In addition to copper, zinc silicates, iron enrichments, minor gold and silver occurrences have been reported.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/38YXMWIK



About Patriot Lithium Limited:  

Patriot Lithium Limited (ASX:PAT) aims to systematically explore high-grade lithium projects across North America and prudently grow the portfolio with targeted M&A greenfield exploration.



Source:
Patriot Lithium Limited

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Rox Resources

High grade Assay Results Continue at Youanmi

West Australian gold exploration and development company, Rox Resources Limited (“Rox” or “the Company”) (ASX: RXL), has received the final batch of assays from its 11,000m DD and RC program at the Youanmi Gold Project in WA.

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How Will Trump’s Permitting Plans Impact the US Mining Sector?

President-elect Donald Trump’s recent pledge to expedite permits for companies investing US$1 billion or more in the US has sparked significant discussions, particularly within the mining industry.

The proposal, shared Tuesday (December 10) on his social media platform Truth Social, promises streamlined approvals, including environmental permits, for large-scale investments in the country.

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