Paladin Energy aims to crack uranium big league with Canadian takeover
Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.
Spearmint Resources (CSE: SPMT) reported this week finding elevated gold, silver and zinc indicators on its Neba prospects in British Columbia’s Golden Triangle.
The land package is comprised by the 920-acre Neba West and the 3,052-acre Neba copper-gold prospects.
In a press release, the Vancouver-based company informed that Apex Geoscience carried out a sampling survey on its behalf. Of the samples collected, an anomalous gold value of 112 ppb Au was returned from a stream sediment sample.
According to the Spearmint, the best rock sample contained values of 2.6% Zn and 1.9 g/t Ag from a strongly weathered and oxidized outcrop with stockwork veining.
“We are excited that the sampling program has returned positive results and the fact that our neighbour Aben is currently drilling on their property right beside ours,” Spearmint’s president, James Nelson, said in the media brief.
“We look forward to building upon these results and Spearmint will continue to be very active in the region this summer as the mining sector continues to gain momentum with tailwinds provided by the recent appreciation in the price of gold.”
