Home > News > Spearmint significantly...

Spearmint significantly expands Case Lake South Cesium prospect near Larder Lake

Sep 2, 2020

Spearmint Resources Inc. has significantly increased the acreage on its Case Lake South Cesium Prospect in Ontario. Spearmint now has approximately 7,300 acres. These new claims are directly bordering Power Metals Corp.'s Case Lake Cesium Property located in the Larder Lake Mining Division.

James Nelson, President of Spearmint, stated, "We are very pleased to significantly increase our acreage on our Case Lake South Cesium Property. According to the nasa.gov website, the atomic clocks on their satellites use cesium. The demand for cesium is continuing to gain momentum, especially in regards to applications in space, and we are very optimistic about its future growth trajectory. Spearmint has multiple projects about to commence operations and management is anticipating a very active September work program schedule including our properties in Quebec, Newfoundland and Nevada."

This new prospect is accessible year-round with proximity to the Translimit road that connects Ontario to Quebec. In a news release from November 13, 2018, Power Metals Corp. announced Cesium grades as high as 14.7 per cent Cs2O (cesium oxide) over 1.0 metre in drill hole PWM-18-126 on their Case Lake Cesium Property. Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company's properties. Cesium is extremely rare globally. The United States Department of the Interior included cesium, lithium and vanadium on its list of critical minerals (USGS website, dated May 18, 2018), of which, Spearmint has projects that explore for each of these critical minerals.

Tags: Northern Ontario / Exploration / Minerals / All Articles