CAPITAL MARKETS

Raise has lithium, vanadium flavours

Spearmint to target Nevada, Quebec properties with funds

Staff reporter
 Clayton Valley in Nevada is one of the world's lithium exploration hot spots

Clayton Valley in Nevada is one of the world's lithium exploration hot spots

The microcap (worth about C$6.4 million) says proceeds will also go towards exploration at its Quebec vanadium and BC gold properties.

"With this placement we will be in a position to immediately start work in Nevada on our lithium property and in Quebec on the vanadium assets," said Spearmint president, James Nelson.

"Our neighbours have had success recently on the Nevada lithium clay and brine projects and we are very optimistic about our prospects in Nevada.

"Our vanadium assets in Quebec are all in the vicinity of BlackRock Metal's ilmenite-vanadium project.  We feel that lithium is at the forefront of the battery metals sector as the electric car market is exploding and that vanadium grid storage growth is in the early stages of a bull market.  We look forward to a very active 2018."

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.