Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V)( SPMTF—OTCBB) (A2AHL5–FSE) wishes to clarify the release from March 6 regarding the results from the recently completed work program on its Clayton Valley Lithium property. Ninety one surface samples were collected within the lithium bearing light green colored volcanic clay that is well exposed on Spearmints McGee Claim Block covering over 880 contiguous acres in Clayton Valley.
Of the 91 samples collected and submitted to ALS Minerals in Vancouver, BC, all were 5 foot channel samples of the green clay and represent an assessment of the vertical extent of the exposed formation. This thickness was established by the QP geologist observing the layers exposed and basing the thickness on these observations of the property. Spearmint will attempt to establish a true thickness number once a drill program is complete. The highest sample value obtained was 1,630 ppm with an overall average value of 843 ppm Li. 23 of the 91 samples achieved ppm values of over 1,000 ppm. The samples ranged from a low of 285 ppm to the high of 1,630 ppm. Spearmint Resources is currently awaiting approval of the “Notice of Intent” recently submitted to The Bureau of Land Management, Tonopah, Nevada Field Office, the approval of which is required before drilling activities may commence.
Frank Bain, PGeo. and qualified technical person has reviewed this news release and approved the content.
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Contact Information
Tel: 1604646-6903 www.spearmintresources.ca
“James Nelson” President
Spearmint Resources Inc.
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