Spearmint Resources Started Drilling on 100% Owned Lithium Project in Clayton Valley, Nevada
| Date: Feb 23, 2018 |
| Spearmint Resources Started Drilling on 100% Owned Lithium Project in Clayton Valley, Nevada – Video Available on Investmentpitch.comSpearmint Resources (TSXV: SRJ) (OTCBB: SPMTF) (FSE: A2AHL5) has commenced its initial drill program on its lithium project in the world-renowned lithium basin in Clayton Valley, Nevada. The 100% owned Clayton Valley lithium prospect consists of two claim blocks totalling 800-acres bordering Pure Energy Minerals & Cypress Development Corp.
InvestmentPitch Media has produced a “” which describes this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Spearmint” in the search box. The plan calls for 3 wells testing the green clay formation and 1 deep well testing the deep brine target located less than 1/2 mile east of a Pure Energy Minerals exploration hole that was completed as a production well. James Nelson, President, stated: “We are very pleased to commence this multi-hole and multi-target lithium drill program. The Clayton Valley is home to the only brine deposit in production in North America and we are optimistic about being directly bordering this producing basin. The lithium market is seeing strong internal drivers such as the electric car battery growth and battery sector. This prospect is in the same state as the Tesla Gigafactory and we are drilling into the same basin that Tesla has an agreement for lithium with. We have just completed a financing so we are fully cashed up to undertake this initial drill program for lithium and we also expect to be active in Quebec for Vanadium and in the Golden Triangle of BC for potentially gold, nickel and magnesium. 2018 will be one of the most active years in recent history for Spearmint and we are very enthusiastic about what will transpire.” |
