Welcome to our dedicated page for Spearmint Resources news (Ticker: SPMTF), a resource for investors and traders seeking the latest updates and insights on Spearmint Resources stock.
The news feed for Adelayde Exploration Inc. (OTC Pink: SPMTF), formerly Spearmint Resources Inc., provides access to the company’s own reported updates on its exploration projects, corporate actions and diversification activities. These news releases describe the company’s lithium, gold, antimony and tungsten projects in Clayton Valley, Nevada and New Brunswick, Canada, as well as its share consolidation, name change and trading symbol change on the Canadian Securities Exchange to ADDY.
Readers can review announcements about the McGee lithium clay deposit and other Clayton Valley projects, including references to a mineral resource estimate prepared under NI 43-101 for the McGee deposit. The news also covers the acquisition and expansion of the George Lake South Antimony Project and the Sisson North Tungsten Project in New Brunswick, both described as prospective for their respective commodities and situated near historic or existing mining operations.
In addition to mineral exploration news, the company has issued releases about its crypto diversification plan involving purchases of the cryptocurrency Solana, explaining management’s rationale for allocating a portion of cash on hand to this asset. Other corporate communications include details on the one-for-ten share consolidation, the resulting adjustments to options and warrants, and procedural information for shareholders during events such as a postal strike affecting mailing of meeting materials.
By following this SPMTF news page, investors and observers can review the company’s own narrative about its projects, strategic decisions and corporate developments over time, based solely on its published news releases.
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Spearmint Resources (CSE:SPMT) (OTCPink:SPMTF) has released a new Technical Report that significantly increases the resource estimate at its McGee Lithium Clay Deposit in Nevada. The updated report indicates a total of 2,092,000 tonnes of lithium carbonate equivalent, doubling the previous estimate. This expansion is attributed to the inclusion of four new drillholes, enhancing the mineralized area from 0.87 to 1.22 square miles. The report also highlights the growing demand for lithium, which has surged over 900% since 2021, alongside the U.S. government's push for domestic lithium production.
Spearmint Resources (CSE:SPMT) (OTCPink:SPMTF) has announced significant lithium drilling results from its McGee Lithium Clay Project in Nevada. The phase III drill program revealed a high of 1,810 ppm lithium over a substantial 485 feet, averaging 1,003 ppm. Additional positive results include a high of 1,760 ppm within 652 feet averaging 895 ppm. These findings are reported as the highest in the history of Clayton Valley and are expected to enhance the company's resource estimates. Current trading price is $0.15.