- Spearmint Resources Inc. (SPMT) has engaged Abitibi Geophysics to conduct a follow-up work program at the Goose Gold Project in Newfoundland
- The project directly borders New Found Gold’s Queensway project, where the company recently discovered its second-highest grades encountered to date
- This phase will incorporate ground surveys and data interpretation to prepare the project for the drilling stage
- Spearmint Resources is an exploration stage public company engaged in the acquisition and exploration of mineral properties
- Spearmint Resources Inc. (SPMT) is up 3.37 per cent, trading at $0.145 per share
Spearmint Resources Inc. (SPMT) has engaged Abitibi Geophysics to conduct a follow-up work program at the Goose Gold Project in Newfoundland.
Abitibi is a full-service exploration provider based in Quebec with experience covering geological environments around the world.
James Nelson, President of Spearmint Resources, commented on the partnership with Abitibi.
“Abitibi has a proven track record, and we are eager to begin working towards generating drill targets and additional exploration concepts,” he said. “We were extremely pleased to have discovered positive gold indicators on our initial work program,” he added.
The Goose Gold Project directly borders New Found Gold’s Queensway project, where the company recently discovered 430.2 g/t gold over 5.25 metres, the second-highest grades encountered to date.
“Newfoundland is quickly emerging as one of the most exciting gold districts in the world,” added Mr. Nelson, “and being the closest project to New Found Gold’s Keats discovery and brand new Golden Joint discovery is very encouraging.”
He continued, “Considering this marks the third work program 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.”
This phase, according to the company’s press release, will incorporate ground surveys and data interpretation to prepare the project for the drilling stage.
Spearmint Resources is an exploration stage public company engaged in the acquisition and exploration of mineral properties in the United States and Canada.
Spearmint Resources Inc. (SPMT) is up 3.37 per cent, trading at $0.145 per share as of 9:57 am ET.
