Spearmint Resources (CSE: SPMT) has announced it is ready to kickstart operations on its Clayton Valley lithium projects in Nevada.
In a press release, the Canadian miner said management is working on a series of strategies to be applied at each separate claim block that comprises the project: the Elon property (brine) and the McGee property (clay) which cover an aggregate area of 800 acres.
“Spearmint Resources Inc. previously announced that exploration drilling had been completed on its Clayton Valley lithium projects (McGee property) and has intersected lithium as high as 1,670 ppm Li,” the media brief states.
“The three holes drilled into the clay formation all intersected lithium. Hole 1 had a range of 1670-396 ppm Li over 270 feet averaging 835 ppm Li, including 35 feet averaging 1,140 ppm Li. Hole 2 had a range of 1570-250 ppm Li averaging 642 ppm Li over 220 feet including 20 feet of 925 ppm Li. Hole 3 had a range of 1280-429 ppm Li averaging 772 ppm Li over 195 feet including 998 ppm Li over 20 feet.”
Besides drilling, the miner said it also began discussions with metallurgists currently working in the area to receive advice on current lithium extraction processes within claystone formations.
“In regards to Spearmint’s deep brine lithium project in Clayton Valley (Elon property), Schlumberger Technology Corporation has begun drilling a well to test and develop Pure Energy Minerals’ Clayton Valley project. When a major company like Schlumberger is drilling on the property right beside Spearmint, it is a clear indication to us that our lithium projects in Nevada and Clayton Valley garner immediate attention,” the release reads.