Engages Abitibi For Newfoundland Geophysics Programme
Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) has secured the services of Abitibi Geophysics based out of Quebec to conduct the follow up work programme over Spearmint’s ‘Goose Gold Project’ directly bordering New Found Gold Corp.’s Queensway project in Newfoundland.
Spearmint President, James Nelson, said New Found Gold recently announced a brand-new discovery at the ‘Golden Joint’ zone of 430.2 G/T over 5.25m which is their second highest value encountered to date and Spearmint is the closest property to this new discovery as well as the ‘Keats’ discovery hole.
Abitibi is a full-service exploration provider with experience covering geological environments around the world. This phase will incorporate ground mag and VLF surveys as well as advanced data interpretation to advance the Project to a drill ready stage.
“We were extremely pleased to have discovered positive gold indicators on our initial work programme,” Mr Nelson, said.
“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 programme including flow-through funds which include an initial investment by certain funds managed by Sprott Asset Management LP. Considering this marks the third work programme 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.”
For further information please visit: https://www.spearmintresources.ca/
